Comment on Uber Eats or something idk

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Asetru@feddit.org ⁨3⁩ ⁨days⁩ ago

Yeah. He borrowed money for a house at 1.5%. Then inflation hit almost 10 during covid and our salary didn’t fully cover this but was raised way more than 1.5%. Money lost value much faster than his debt increased, so the banks effectively lose money on him while his paycheck grows faster than his debt increases.

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