Birdwatch Archive

Birdwatch Note Rating

2024-08-16 21:17:39 UTC - HELPFUL

Rated by Participant: 5AF3E89D7FE29CD18735E0574080BDF75D08636F3B69A6EEDC68767CC9753BCB
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Original Note:

NNN. When the government runs a deficit, the U.S. Treasury issues bonds to finance it. Money is ‘printed’ to buy these bonds. More money supply increases prices. This is thus a mechanism that causes inflation. https://www.forbes.com/sites/williammeehan/2020/10/21/can-the-federal-reserve-print-money-forever-or-how-continuing-to-print-money-to-support-deficit-spending-may-end-badly-with-chinas-help/

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All Information

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