Birdwatch Note Rating
2024-08-17 19:09:26 UTC - NOT_HELPFUL
Rated by Participant: C7634DF5E813CB69C544D1E9E2004E53F6FCFC6FCBBF6115CE11DADE2B11AD84
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