Birdwatch Note Rating
2024-08-16 17:21:53 UTC - HELPFUL
Rated by Participant: DBE8AB30F2EF291B0C1E321AA939447EC975BE1D4B5F9C8A0F9E0C52D046A20F
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