Birdwatch Note Rating
2024-08-17 23:43:32 UTC - SOMEWHAT_HELPFUL
Rated by Participant: AC33D843EE1B1AA7AF4E3A8E438C486E49F56B40395874AA287714A72DD17ECD
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