Birdwatch Note Rating
2024-08-17 14:25:56 UTC - SOMEWHAT_HELPFUL
Rated by Participant: EB212EE1A6EAECA3D8A0A58E85BD2907EE5F8C250FA4A3648375DD63BF9CD0F1
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