Birdwatch Archive

Birdwatch Note Rating

2022-12-14 10:27:19 UTC - HELPFUL

Rated by Participant: C81AB985D277C2490AF708F4F9954F6235A1233597485A1A7F34CCF257194887
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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