Birdwatch Note Rating
2024-08-16 19:52:57 UTC - HELPFUL
Rated by Participant: DA25F34B460C1C002497210100A1E09F74C42D443ED2971C5C691936CDEBEFEE
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