Birdwatch Archive

Birdwatch Note Rating

2022-12-15 14:52:49 UTC - NOT_HELPFUL

Rated by Participant: 96259C16C38458FE7A8A6C293A8049357F7D3EC2D0F557E58FD8034ED6400C1F
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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