this post was submitted on 19 Sep 2023
1570 points (98.5% liked)
Memes
45746 readers
1557 users here now
Rules:
- Be civil and nice.
- 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
view the rest of the comments
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.