Birdwatch Note Rating
2024-08-16 23:35:58 UTC - NOT_HELPFUL
Rated by Participant: DC20FFE4CC99EFD3C188EAD031D7BA24DBB6044E2D4A0DB6C8C32ED9B6E9F960
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