Birdwatch Note Rating
2025-02-14 01:26:23 UTC - NOT_HELPFUL
Rated by Participant: 269E80412360C136D2DB7B44377FB23B8F6E14811369B95AFA2E4EC832735D66
Participant Details
Original Note:
Image is false. While the US government does borrow money by issuing bonds (creating national debt), this borrowing occurs in the open market, not directly from the Fed. Private investors, foreign governments & other institutions buy these bonds. The Treasury prints currency https://www.federalreserve.gov/faqs/why-is-the-federal-reserve-paying-banks-interest.htm https://home.treasury.gov/services/currency-and-coins#:~:text=U.S%20currency%20is%20produced%20by,U.S.%20Department%20of%20the%20Treasury
All Note Details