Oct 19, 2023 9:50:11 AM
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996FourEss
- Veteran
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- 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….
