Birdwatch Note Rating
2024-08-16 21:47:51 UTC - NOT_HELPFUL
Rated by Participant: E78914AFCF96EFD3614A99B8B110EC573A8EFF3AF344310048E082374A28AAAB
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