3 ms·
This is enshittification[0], and while it's not a completely new phenomenon, it has expanded enormously since the end of zero interest rates. It is just the la
by danaris 2y ago
This is enshittification[0], and while it's not a completely new phenomenon, it has expanded enormously since the end of zero interest rates.
It is just the latest way of transferring wealth from the many to the few.
[0] https://en.wikipedia.org/wiki/Enshittification https://en.wikipedia.org/wiki/Enshittification