Birdwatch Archive

Birdwatch Note Rating

2022-12-14 06:00:49 UTC - NOT_HELPFUL

Rated by Participant: 55C90F8B038626EB47BD2224230323512D2F19F35BEA053ED65A23D629287148
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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