Birdwatch Note Rating
2024-08-16 19:01:27 UTC - HELPFUL
Rated by Participant: CE52758D35AA1E4C6F0BB56D306F4A7FA4B938027E3885ED38EE4964F83B7203
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