compound interest is a lie
>>526099901commies need to be humanely put out of their misery for everyone's sakethe person who came up with this comic is either beyond retarded of expects the reader to not understand first thing about finance
>>526099901e has been btfo
bonus content
>>526100304how's the potato harvest looking this year mr. potato man?
>>526099901akshually, yes you can through technological advancements.look at the historical crop yields per acre or whatever the unit is.we've been getting more and more food from the same area of land.
>>526100545motherfucker a real world equivalent of a compound interest is a machine that replicates itself - you plot a yield of such a device it is also exponentialgerms, spores, plenty of real world examples of such thingskill yourself
>>526099901Approximations being approximations does not mean they are not useful.
>>526100807is it increasing exponentially? think man, use your head for like 2 seconds>>526101012i was asking about this year's potato harvest. how is that looking?
>>526101354explain to me how infinite money is useful, go ahead, do it, i dare you
>>526101391The continuous model provides an upper bound.
OP 3 pbtid doesn't understand or comprehend post-1970s Financialization of the global economy.All money is created as Debt.All 21st century wealth is created by speculative debt instruments.the Real Economy of (physical) goods-services-commodities is entirely walled off and segregated from the Financialized gigacasino where all wealth is created and held.Today, the Real Economy of goods-services-commodities is a mere appendage and may as well not exist.The Money Delugehttps://www.youtube.com/watch?v=t6m49vNjEGs97% Owned — How is money createdhttps://www.youtube.com/watch?v=XcGh1Dex4Yo>"The real money to be made in the world today is not by producing anything at all. It's simply by forms of speculating — making money from money. That's the most profitable, and by far and away the biggest form of economic activity that exists in the world today."— Nick Dearden, quoted in the documentary '97% Owned'
>>526102130of what? compound interest is pure fiction so you are approximating one fiction with another one
>>526099901i'm gonna use my fake money to pay a nigger $150 to shoot you with a stolen gun
>>526099901Why are you calling *compound* interest a problem more than interest itself? The compound part is simply that you now have more money and generating interest on more money results in more-more money. Same as if you started with more money.Infinite growth is the problematic thought experiment, blaming compound interest is like saying global warming is because of the existence of blankets...
>AI slopkys
>>526102330great stuff
