Birdwatch Note Rating
2024-08-16 19:14:20 UTC - NOT_HELPFUL
Rated by Participant: D0D776C8C4766B529A7D20DBF3550D73F8D1B789E450366B5A38151035FB73C7
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