TehBamski@lemmy.world to Ask Lemmy@lemmy.worldEnglish · 7 days agoWhat profound statement has stuck with you over the years?message-squaremessage-square137fedilinkarrow-up1128arrow-down14
arrow-up1124arrow-down1message-squareWhat profound statement has stuck with you over the years?TehBamski@lemmy.world to Ask Lemmy@lemmy.worldEnglish · 7 days agomessage-square137fedilink
minus-squareGeometrinen_Gepardi@sopuli.xyzlinkfedilinkarrow-up8arrow-down3·7 days ago“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
minus-squareblackbrook@mander.xyzlinkfedilinkarrow-up1·7 days agoThen why aren’t we all getting rich from it? Hint: not just because we don’t understand it.
minus-squareGrass Cat@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down1·7 days agoYes I believe Jesus referred to it as usury in the Bible.
“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
Then why aren’t we all getting rich from it? Hint: not just because we don’t understand it.
Yes I believe Jesus referred to it as usury in the Bible.