Quite some clever word play going on there. We should measure contribution by income not absolutely, but rather comparatively, within your industry. If a landlord is able to charge significantly more than other landlords of similar places, maybe it's because they do upkeep well?
Thinking money represents how much you've contributed to society is thinking that when your landlord raises the rent that they are now contributing more to the planet.
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No, we really should not. We should measure contribution by, y'know... contribution.
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"productive capital investment accounts for no more than around 15% of all UK bank lending, remaining 85% being investment, a word Turner used carefully here, in existing property assets" 85% of ALL new money went into bidding up existing property (!)https://eic.cfainstitute.org/2014/10/18/lord-adair-turner-solutions-to-the-real-estate-price-boom-and-post-crisis-recession/ …
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Good news, everyone! The EpiPen is now 600% more valuable to society!
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That's why mindsets like this are so tied to positions of power. Economic power. Money.
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Oh yes, they are - that's why I'm really happy I've been served an eviction notice this week. I'm sure my place in society as a means for rent extraction will do the nation good. Ah Britain
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They are of course contributing more to themselves or rather you are. Here is the true origin of the value of money:http://bit.ly/2O3U9LSValMoney
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