Birdwatch Archive

Birdwatch Note Rating

2022-12-15 00:35:09 UTC - NOT_HELPFUL

Rated by Participant: 0A142CD3413981138D862E870C6156036CF6EDB83A373F4A6D5E9040F887CF83
Participant Details

Original Note:

If debt is acquired at a low fixed rate, then inflation can be good for the debt holder. But if debt is acquired at a variable rate as rates are rising, the interest payments can increase and overwhelm the borrower. Elon appears to be referring to this latter type of debt.

All Note Details

Original Tweet

All Information

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