Birdwatch Note Rating
2025-02-14 23:46:47 UTC - NOT_HELPFUL
Rated by Participant: 91872936C8E295A3F700F8C0B7677B61B1159029520E1614899A563CD1DA31BE
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