Birdwatch Note Rating
2024-08-17 01:36:51 UTC - HELPFUL
Rated by Participant: B0B3087106949601FE4E305A314DCF8D6B2E3E4D0B9D6D8F2E3CDABB193D3ADD
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