Birdwatch Note Rating
2024-08-16 19:49:02 UTC - HELPFUL
Rated by Participant: D4F5AC340735A08F84990CE999A5A2CF78FB1B1C13C6A491FB14183841389587
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