Compounding
The addition of interest to a loan (or returns to an investment) to give a higher base amount which attracts yet more interest (or returns) in the next period.
« Back to Glossary Indexby Mike Rawson ·
The addition of interest to a loan (or returns to an investment) to give a higher base amount which attracts yet more interest (or returns) in the next period.
« Back to Glossary Index
by Mike Rawson · Published June 3, 2016 · Last modified October 20, 2016
by Mike Rawson · Published January 23, 2023
by Mike Rawson · Published April 26, 2021
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For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.

