Birdwatch Note Rating
2024-08-17 14:45:28 UTC - SOMEWHAT_HELPFUL
Rated by Participant: CF049EA96D5648890BAAEF9A2D93B9D613CBF12E009270C213008728BA66DAA3
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