Birdwatch Archive

Birdwatch Note Rating

2022-12-15 13:16:25 UTC - NOT_HELPFUL

Rated by Participant: 273029A48BD0E4A18086479FFB34C17E5D785E0253EEE266CE47C4679D3F673F
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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