Birdwatch Note Rating
2024-08-16 23:08:37 UTC - HELPFUL
Rated by Participant: BFF9FB1B076B5CE4E52B9F2D9E1949101EA6B8E39F08F68E7C5BB9904B097FEF
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