Birdwatch Note Rating
2024-08-17 00:21:57 UTC - HELPFUL
Rated by Participant: B62E26C7CD221E5A6B69790B1F31F76C7D4352E5F92E2CE0B710FDD1EF5DD4EF
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