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A comment on Train burglaries in LA. Parent comment
Isn’t that just a restatement if the rather mundane concept of compound interest?
If savings account A has $100 and account B has $1mil, does it go without saying that account B will grow far faster?
I never understood why compound interest should be seen as a negative. What is the counter proposal?
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Isn’t that just a restatement if the rather mundane concept of compound interest?
If savings account A has $100 and account B has $1mil, does it go without saying that account B will grow far faster?
I never understood why compound interest should be seen as a negative. What is the counter proposal?