Birdwatch Note Rating
2024-10-04 16:37:04 UTC - NOT_HELPFUL
Rated by Participant: E68613CF26123A32D9F4458058498E67BBA731512F0BD936C1EB8C11923FA2D3
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”). So much for a debt burden And for the private sector bonds are the most prized asset Only debts in foreign currency can be a problem https://youtu.be/mmuysv17T9M https://www.nytimes.com/2020/06/09/opinion/us-deficit-coronavirus.html 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=
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