Birdwatch Note Rating
2024-08-16 20:32:18 UTC - NOT_HELPFUL
Rated by Participant: F0DB735D85630418A1E58FE92848E6F51A5242B0E1132B91F8183CEDFC4CD2A2
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