Birdwatch Note Rating
2024-08-17 16:06:54 UTC - NOT_HELPFUL
Rated by Participant: FE77910CD3494545AB063CF44E678D2EB588EACAE981DD02556188DD8A1F25C3
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