Birdwatch Note Rating
2024-09-22 08:16:07 UTC - HELPFUL
Rated by Participant: 582B59314EA00D62EF3CF1D3140B5AFAF56BA1D39D777A3CF9A923B557A10B96
Participant Details
Original Note:
A government with its own currency issues two types of points on a spreadsheet: cash and bonds, and swaps these on demand (“repayment”). It sets interest on its own debt, via the central bank. So much for a debt burden youtu.be/TDL4c8fMODk http://www.latimes.com/opinion/op-ed/la-oe-kelton-pony-for-all-20170929-story.html https://mobile.nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html?_r=0&referer= https://www.nytimes.com/2020/06/09/opinion/us-deficit-coronavirus.html https://youtu.be/bTZGU9s0idM https://youtu.be/mmuysv17T9M
All Note Details