Birdwatch Note Rating
2024-08-16 20:54:00 UTC - HELPFUL
Rated by Participant: F4B3D16B016A538F8D42EE555E23D44198AEF998CBB7FF8826AE4A9F2D4B7E6B
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