Birdwatch Archive

Birdwatch Note Rating

2022-12-15 01:32:08 UTC - NOT_HELPFUL

Rated by Participant: 9D8DA2993A63EC5295F5DAAA3AD0A90F248399826D7354FA1D3C08C004C9E9FC
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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