Monday, May 29, 2006
Compound Interests
Behold! The 8th wonder of the world: Compound interest. At a rate of 1%, 100 units would become around 270 units within 100 interest cycles. The same applies to the small changes that one may make in society as an individual. Though one may never see the changes in one lifetime, or even in two lifetimes, the effects of legions of individuals doing the same would eventually have an impact of sorts. However, one may be tempted to leave such actions and sacrifices to the next generation, and so on. This mindset is practical though rather selfish. In the absence of progress, the future generations will be forced to start things off pretty much the same way the previous generations did. Compounding the efforts of interested people will go a long way towards helping society change at a healthy rate. Sacrifices must be made.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment