Birdwatch Note Rating
2024-08-18 02:38:04 UTC - HELPFUL
Rated by Participant: DA34BE099BDEC9A4FE2FF03ED93EDB2A13E0A47F16BA7C6FB1E815823FFC64A0
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