The energy growth paradox
- Mar 11, 2021 10:18 pm GMT
Albert Einstein claimed, “The most powerful force in the Universe is compound interest.” He referred to it as one of the greatest “miracles” known to man. And long before Einstein, Benjamin Franklin said “Money makes money. And the money that money makes, makes money,” with reference to compound interest. It is a principle based on the Rule of 72 which says 72 divided by the interest rate of a loan equals the number of years for the investment to double in value.
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