Birdwatch Note Rating
2024-08-17 02:06:12 UTC - NOT_HELPFUL
Rated by Participant: B302361D0E1EDABAB5773862C0E55F2C00BE7F1C3338D8230D27D76EB8A781BC
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