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Why aren't we all getting rich from compound interest? (youtu.be)
submitted 4 months ago by lobut@lemmy.ca to c/aboringdystopia@lemmy.world
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Just let your wealth compound over time and you'll be a millionaire, the advice goes. If this is true why aren't more people rich?UNDERSTAND, SHARE & PUSH BACK

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[-] Malfeasant@lemm.ee 1 points 4 months ago

Also, limitless consumption is unsustainable. Maybe we need to get used to the idea of deflation, learn to live with it...

[-] partial_accumen@lemmy.world 1 points 4 months ago

Also, limitless consumption is unsustainable.

Until our sun stops shining on our planet we effectively the capacity for limitless consumption.

this post was submitted on 09 Mar 2025
134 points (100.0% liked)

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