> On 24 May 2014 at 7:37, Electric Blue auto convertions via EV wrote: > >> Im making money just sitting on my ass.
Nobody ever really did that. One of the great fallacies of all time is that little bits of coloured paper (or electric charges) get together in bank vaults and breed and multiply and somehow create something of value out of nothing. Passive income is theft from future generations. What it "makes" is all due to either exploiting non-renewable natural resources, or due to accounting gimmicks. In today's flat economy, any money anyone "makes" from passive investment arguably comes more-or-less directly from "quantitative easing," also known as government printing presses. I'm not trying to pick on anyone in particular, and indeed, I myself "made money" from passive investments before I divested a few years ago. But I get a little annoyed when people claim that they "made money" from doing nothing. That illusion appears to be so during a carefully selected time period, but the bill will have to be paid by someone, someday. :::: We need to ask ourselves how many people are we willing to have our government kill to obtain cheap energy? And even if enough are killed, how long can the oil last with the US's prodigious use?. -- Pat Murphy :::: Jan Steinman, EcoReality Co-op :::: _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
