The Key to a Sustainable Economy Is 5,000 Years Old
August 28, 2019
In my own words with faulty understanding, read:
Where investments are financed by individuals needing repayment in view of risks, opportunity cost and with depreciation of the investment through inflation, something must break. Compound interest does not work for terms beyond fifty years.
Catastrophic change is always with us. Within our productive lifetimes, we compensate within the limits of our strength and intelligence, if we are allowed.
Where investments are financed by individuals needing repayment in view of risks, opportunity cost and with depreciation of the investment through inflation, something must break. Compound interest does not work for terms beyond fifty years.
Catastrophic change is always with us. Within our productive lifetimes, we compensate within the limits of our strength and intelligence, if we are allowed.
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