Interest and "The Compounding" by JEWELSTAITEFAN

REAL WORLD EVENT DISCUSSIONS

Interest and "The Compounding"

POSTED BY: JEWELSTAITEFAN
UPDATED: Tuesday, December 23, 2014 18:49
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Tuesday, December 23, 2014 6:49 PM

In days of olde, financial types raged about how saving was so important because of how "The Compounding" of interest generated financial security.

It might seem that this is not really the case any longer. Perhaps the turning point was when America went off the Gold Standard. Interest often pales in comparison to Inflation, Deflation, Stimulus, or Quantitative Easing.
Sure, the world is not America - but until Obama, the world economic markets did shadow, mirror, or follow the American markets - so the effects still result from the cause.

I've seen some other threads here almost touching on this, but they haven't seemed to quite bring the subject out like this.

I am really good at math. Very good. And I do understand the concept and practice of saving and interest, and compounding. But I doubt it is a tempting avenue of fiscal pursuit in comparison to the alternatives. George Soros did the exact opposite.

Anybody already thought of this?

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