this post was submitted on 19 Sep 2023
1613 points (98.6% liked)

Memes

45728 readers
904 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 1 year ago

Interest rates went up and with it the era of free money. Now the investors come knocking for profits and lots of it. As they get squeezed, they squeeze the customer harder with worse products and services for more money.