Birdwatch Archive

Birdwatch Note Rating

2022-12-14 15:32:17 UTC - HELPFUL

Rated by Participant: 3CBBD777DB3BD3C481F5F2128B2FA0C4E7CC113F946F433DDC466FF1E58D277B
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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  • version - 2
  • agree - 0
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  • helpfulnessLevel - HELPFUL
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