Birdwatch Note Rating
2024-08-16 17:25:16 UTC - NOT_HELPFUL
Rated by Participant: F44C70802113B492A49C686D8778964B495BE47D2A41E57E9B9D97B577FC94B4
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