Birdwatch Note Rating
2024-08-16 16:52:16 UTC - HELPFUL
Rated by Participant: B81CC5509F6D1F6B0282ED6CC10A860A3E3D5D28C5C6BCA37FB388FF65D3373D
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