Birdwatch Note Rating
2024-08-16 21:25:50 UTC - NOT_HELPFUL
Rated by Participant: 9C84A3BE7B6D3FB37E8053E271999192A4CAA96CD0F3204298BDDB8052509854
Participant Details
Original Note:
The US federal government does not print money to finance deficit spending. Deficits in the US budget are filled by borrowing money by selling Treasuries, bonds, and other securities. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#:~:text=To%20pay%20for%20a%20deficit,investors%20who%20purchased%20these%20securities.
All Note Details