Birdwatch Note Rating
2025-02-14 03:09:23 UTC - NOT_HELPFUL
Rated by Participant: 798C3267EF0A33F6F2EFCB354DA4407E6B72F8A3804F08C1734259CE6D35F2F4
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