Birdwatch Note Rating
2024-08-16 17:09:34 UTC - NOT_HELPFUL
Rated by Participant: FE03EE7B3A3403EFBEE3036A2CD4B428922F6866DCA00B2BFC3E255175487A7D
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