If passive income you getting income without working then who’s working without income.
This whole thread thoroughly convinced me of george’s ideas.
As Adam Smith said
As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce
You have a 401k? Does it earn interest? Did you earn that interest? Is your money being used as an investment vehicle to gain passive returns without you having to work for it? I mean, by your argument we should get rid of all retirement funds, we should no longer invest in companies as we get no return for giving our money to help a company grow. Should we do away with hotels as well? They don’t do anything except provide shelter for a short term, whereas you renting from someone provides shelter for a long term.
Should we just get rid of all renting then? If you can’t afford a house, then where do you live? These are pretty much all rhetorical questions, I’m not expecting you to answer them, as I believe I’ve made my point.
In an ideal world, you wouldn’t have to deal with scummy landlords. But what’s the alternative? In a free society why am I limited to what I can own? If I have the money to purchase something, should I not have the right or ability to do so if I want to?
If passive income you getting income without working then who’s working without income.
This whole thread thoroughly convinced me of george’s ideas.
As Adam Smith said
You have a 401k? Does it earn interest? Did you earn that interest? Is your money being used as an investment vehicle to gain passive returns without you having to work for it? I mean, by your argument we should get rid of all retirement funds, we should no longer invest in companies as we get no return for giving our money to help a company grow. Should we do away with hotels as well? They don’t do anything except provide shelter for a short term, whereas you renting from someone provides shelter for a long term.
Should we just get rid of all renting then? If you can’t afford a house, then where do you live? These are pretty much all rhetorical questions, I’m not expecting you to answer them, as I believe I’ve made my point.
In an ideal world, you wouldn’t have to deal with scummy landlords. But what’s the alternative? In a free society why am I limited to what I can own? If I have the money to purchase something, should I not have the right or ability to do so if I want to?