Birdwatch Note Rating
2024-08-24 12:09:25 UTC - HELPFUL
Rated by Participant: D0BD22EA2AC4591744D634C29999C3EBCB82585545EA86A645E9687BD1E8E6A1
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