Birdwatch Note Rating
2024-08-16 18:11:14 UTC - HELPFUL
Rated by Participant: D176339E1772FE664AAEFAF094DD9D3F80457CB3A9EBF2691C41C15407D7F75A
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