Birdwatch Note Rating
2024-08-17 04:56:46 UTC - NOT_HELPFUL
Rated by Participant: EE7A4A573BDBDDBD10B079A76597E0CEDAAEBC99AF9D8B9D3C4F0F28EA2C7858
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