Birdwatch Note Rating
2024-08-16 17:21:47 UTC - NOT_HELPFUL
Rated by Participant: F7FB7FB5E72C1E533F604493E50C7DFB23113D44AE980C2B28DB734502B160AE
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