Birdwatch Note Rating
2024-08-17 20:24:42 UTC - NOT_HELPFUL
Rated by Participant: B6A8DDA175222DAE269064E0ABA154CA60DDE49358AF05E5E8182E5D5BD829D4
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