Birdwatch Note Rating
2024-08-16 19:36:53 UTC - HELPFUL
Rated by Participant: CCDD6C0337682128A0E699F6CC75F5848F019EAA0F5E8E5CDF0938AF55F7EDC6
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