Birdwatch Archive

Birdwatch Note Rating

2022-12-15 02:33:35 UTC - HELPFUL

Rated by Participant: 75E323AA33E2BCC1F18EECD253A26BB7877C468D6281A2FCD8552F69070A617A
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
  • disagree - 0
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  • helpfulnessLevel - HELPFUL
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  • helpfulClear - 1
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