Birdwatch Archive

Birdwatch Note Rating

2022-12-14 17:00:17 UTC - NOT_HELPFUL

Rated by Participant: 7A53EC754302CA39AA6A8AA8CD831323C2B62CFE2AE423F1D37043101FA36907
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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