Birdwatch Note Rating
2024-08-17 13:04:52 UTC - HELPFUL
Rated by Participant: A2EEC22D7ED937C7E351D4EA0F9B92238F6833B663EAC03C1CB159FCE13A2F69
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