3 ms·
the story about the grains of rice on the chessboard works equally well. Compound growth exists in nature. A few bugs can quickly multiply into a swarm. I thi
by anigbrowl 2y ago
the story about the grains of rice on the chessboard works equally well.
Compound growth exists in nature. A few bugs can quickly multiply into a swarm.
I think a more effective kind of financial literacy would convey that any time you see wild overshoots in growth it tends to have devastating local effects followed by a crash.