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2025-26 Coaching Carousel

Schedule detail

Jan 31, 2026 at 12:00 PM
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  1. Seaofred92 Seaofred92
@BingoDingo and I are big fans of Modern Monetary Theory
Group B Fiat GIF by FIA World Rally Championship
This Is Fine GIF by Dash Digital Cash
 
Is that the theory that says we are all participating in a giant self delusion that pieces of paper and/or digital bits are worth whatever it is you are purchasing?
Not many people know that when you get a car loan (or any loan) at the bank, you are receiving brand new dollars that have never existed before, and only come out of existence as you pay back the note

Money Money Smoking GIF
 
Not many people know that when you get a car loan (or any loan) at the bank, you are receiving brand new dollars that have never existed before, and only come out of existence as you pay back the note

Money Money Smoking GIF
I paid cash for my last car and the kick back by the dealer was amazing. He didn't know what to say or do. I'm like here is a check for the whole asking price. He was dumbfounded and really wanted to refuse me but had no rational reason to do so. He made a feeble attempt to suggest I could improve my credit rating by getting a loan and paying it back. Fuck paying interest. Just give me the title when the check clears. That was three years ago and its by far the best car purchase I've ever made. Love my car.
 
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