For everyone who wants to understand compound interest and the impact of inflation on the money supply or the implication for any ideas of continuous growth. [youtube]http://www.youtube.com/watch?v=umFnrvcS6AQ[/youtube]
This is a must watch. This is the video I owe stacking to. Pretty freaky stuff, first 15mins is slow but very worth while viewing.
Yep those 70 and 72 figures are magic numbers in estimating doubling of growth..Some use the number 70 but I like 72 as it is easily divided by 2,3,4,6,12 and 36.. A great video. Watched it some years ago. Will do so again tonight if I get some time! Regards Errol 43
someone posted that about a year ago somewhere here great video; they dont really teach it like that at school any more; might use it with kids at my school