MMM has at least two rental properties and is a phoney.<p>He can teach his kid to be a rentier by borrowing long and taking advantage of the separation between the value of labour vs assets when fiat money is over-issued by private banks.<p>And how to run a web-site about being frugal whilst deriving rental income from three families who cannot save because they are busy working hard to keep MMM pumping out half-truths on the internet.<p>Can we all take up three times as many houses as we need and live off the rental income siphoned off from the labour of others? No.