Birdwatch Note Rating
2024-08-16 22:43:44 UTC - NOT_HELPFUL
Rated by Participant: A7B93263B1F4B3D1072F5E39E31FCD234E7AA692376D3D243F17235C45C5303B
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