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"Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford to pay."

— Michael Hudson
michael hudson Quotes Loan,Debt,Compounds

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Albert Einstein when asked what he considered to be the most powerful force in the universe answered: Compound interest!

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The more we progress the more we tend to progress. We advance not in arithmetical but in geometrical progression. We draw compound interest on the whole capital of knowledge and virtue which has been accumulated since the dawning of time.

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