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hgomersalltoday at 7:24 AM2 repliesview on HN

Not really. The question is are you working for your money or are you hoping the money will provide free rent for you. If the latter, you're gambling. The only reason it's relatively risk free is because the system has been thoroughly stitched up in favour of the rent seekers.


Replies

Dylan16807today at 7:29 AM

I'm confused by the ideas you're combining here. Do you think all forms of rent-seeking are gambling or just ones that involve money in a direct way?

The only risk in a bank deposit is up at the "societal collapse" level. Are you really so extreme as to say that's gambling, and if so isn't having money at all a form of gambling?

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the_othertoday at 9:52 AM

> Not really. The question is are you working for your money or are you hoping the money will provide free rent for you. If the latter, you're gambling.

So putting money in my savings account is gambling, but investing in businesses is not.

I suspect I misunderstand your point completely.