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    Oct 19, 2023 9:50:11 AM

    996FourEss Offline
    Veteran
    996FourEss
    Loc: London , United Kingdom
    Posts: 809, Gallery
    Registered on: Aug 15, 2011
    Reply to: Pilot

    Re: Collected my GTS today

    Pilot:
    CGX car nut:
    Enmanuel:

    John! glad to see you around. You're the third person I know that has mentioned to me insurance rates going up. Even mine went up and I'm not even driving a sports car atm... sadly 

    Global inflation that has raised part prices, labor costs, and hospitalization costs. This what happens when governments print money and increase deficit spending.  Modern Monetary Theory is a destructive joke. 

    ...and IMHO it is the main factor that causes poverty around the world.

    Hang on, you mean you can’t just keep on printing money without consequences?? So old fashioned guys!

    let’s see what happens when US Fed Govt interest payments become greater than annual Defense spending…. 

    Oct 19, 2023 4:19:07 PM

    Enmanuel
    Rennteam VIP
    Enmanuel
    Loc: Boston , United States
    Posts: 8862, Gallery
    Registered on: Mar 7, 2008
    Reply to: 996FourEss

    Re: Collected my GTS today

    996FourEss:
    Pilot:
    CGX car nut:
    Enmanuel:

    John! glad to see you around. You're the third person I know that has mentioned to me insurance rates going up. Even mine went up and I'm not even driving a sports car atm... sadly 

    Global inflation that has raised part prices, labor costs, and hospitalization costs. This what happens when governments print money and increase deficit spending.  Modern Monetary Theory is a destructive joke. 

    ...and IMHO it is the main factor that causes poverty around the world.

    Hang on, you mean you can’t just keep on printing money without consequences?? So old fashioned guys!

    let’s see what happens when US Fed Govt interest payments become greater than annual Defense spending…. 

    Then It'll be time for a new war. 

    Oct 19, 2023 7:06:40 PM

    CGX car nut
    Rennteam Master
    CGX car nut
    Loc: NWI , United States
    Posts: 5196, Gallery
    Registered on: Aug 17, 2011
    Reply to: Enmanuel

    Re: Collected my GTS today

    Wiemar Republic and we all know, some more closely than others, how that went. 

     
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