Birdwatch Note Rating
2024-08-17 13:02:58 UTC - NOT_HELPFUL
Rated by Participant: B8D6AE280C01A272B698F2D8D09F3B007FF51DB1548088205449EF15008394E8
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