Birdwatch Note Rating
2024-08-17 12:50:34 UTC - HELPFUL
Rated by Participant: CEEAFE45DC151AC9BA1DC416CEEBF76A928F09C26432C74144401469D00347B6
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