Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (25756)	12/9/2004 3:29:23 AM
From: GraceZ	Read Replies (1) \| Respond to of 306849

Your only objection to debt is that there's just not enough of it. Not true. Just because I don't share your rabid revulsion for debt does not mean I like the stuff. More debt means more money supply, thus more wealth. Debt, money supply and wealth are three distinct concepts. Don't you store your savings in debt instruments? Seems you like debt more than I do, I tend to put my savings, my collective wealth, in equity and real goods with very little debt either on the asset side or the liability side. Without debt, people like you, with savings, would be forced to make direct investments in something constructive in order to make a return on that savings. People like me prefer to make money investing to making money by lending. When you invest, at least you stand a chance of creating an entity which has a value higher than the sum of it's parts. Nothing bores me more than investing in debt. Money piling up is a useless thing until you do something with it that is productive. It is the hard work of creating something that didn't exist before which gives me the most joy.