Birdwatch Note Rating
2024-08-17 16:22:29 UTC - HELPFUL
Rated by Participant: C3C38D9BB77ADD6827C974A65C93800C6FF4CBFF92E77A2181514556D499C5E6
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