Birdwatch Note Rating
2025-03-19 03:19:21 UTC - HELPFUL
Rated by Participant: 9443CC364A91AB33707590BDD3DA0769ECE186982934A5A67604F18AEF4453A3
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Original Note:
The government printing money is not newly revealed information. This is ordinary operation of a fiat system. The Federal Reserve Chair Ben Bernake explained in 2013: https://www.forbes.com/sites/afontevecchia/2013/07/17/bernanke-to-congress-we-are-printing-money-just-not-literally/ https://www.marketwatch.com/story/elon-musk-discovers-magic-money-computers-or-how-the-u-s-financial-system-actually-works-43a21350 Also in 2002: https://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm Jerome Powell explained this in 2020: https://cointelegraph.com/news/fed-chair-we-have-the-ability-to-create-money-digitally
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