Birdwatch Note Rating
2025-02-14 13:17:51 UTC - NOT_HELPFUL
Rated by Participant: 5EA03B715F8B72F381285570D1981EBE1A25F8DEFC47A3328F1F8FA3A320A1FB
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