Birdwatch Archive

Birdwatch Note Rating

2022-12-15 03:17:31 UTC - SOMEWHAT_HELPFUL

Rated by Participant: 9112A64C4FABA3387D6F34EAE43335DD9596F5A800D27F1DC9F7A3FDD5D8B449
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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  • helpfulnessLevel - SOMEWHAT_HELPFUL
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