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Teave kooli kohta

We believe that interest is the root cause of most of the world's problems. If we did not have compound interest, we would not need compound growth. And if we did not need compound growth, we would n ... Loe edasi

We believe that interest is the root cause of most of the world's problems. If we did not have compound interest, we would not need compound growth. And if we did not need compound growth, we would not have most of the debt-induced poverty, resource-hungry wars, and runaway climate change we now see. Experts say that even our present pandemic is the result of declining biodiversity, largely driven by a rapacious growth mindset. All interest — whether simple interest or compound interest, whether at very low rates or very high rates — grows so fast that we simply cannot keep up. Näita vähem