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Indeed, but for most *input* stages that is perfectly OK.

So what you're saying is, if I wired it backwards, I'd be shorting the wrong end of things and could damage something?


What we're saying is, the thing you are connecting from, as the input to the variable resistor, has to be designed to tolerate having its output (the input to the variable resistor) shorted to ground. Which is what happens when you twist the knob all the way to the left (or right, depending which way round it gets connected).

In the case of, say, a passive microphone as the input, no problem.
In the case of, say, the speaker outputs of an empeg, you'll damage the empeg.

Cheers