Birdwatch Note Rating
2024-08-17 03:20:44 UTC - HELPFUL
Rated by Participant: BA06FF58577C1A3F752DFA0DF77651F8C8DF660CB4B54D77FBBE2FB0C27F04B3
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