Birdwatch Note Rating
2024-08-16 16:46:22 UTC - NOT_HELPFUL
Rated by Participant: B7FCDF198C7FEA5D3D2EAA10CB41F3159808321A8A275D6BB71FA64618C6DDBD
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