Birdwatch Archive

Birdwatch Note Rating

2022-12-15 04:12:42 UTC - NOT_HELPFUL

Rated by Participant: 4C093105FB3AAE31DFE12B71B19DF4D3E59FA0582CE08CD643274629BF9266DD
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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