$100 placed at 7 percent interest compounded quarterly for 200 years will
increase to more than $100,000,000 -- by which time it will be worth nothing.
-- Lazarus Long, "Time Enough For Love"
increase to more than $100,000,000 -- by which time it will be worth nothing.
-- Lazarus Long, "Time Enough For Love"
Related:
- Lani's Principles of Economics
1) Taxes are not levied for the benefit of the taxed.
2) $100 placed at 7% interest compounded quarterly... - 100 invested at 7% interest for 100 years will become $100,000,
at which time it will be worth absolutely nothing.... - Tilting at windmills hurts you more than the windmills.
Lazarus Long, from Robert A. Heinlein's "Time Enough... - The difference between America and England is,
the English think 100 miles is a long distance and... - Never appeal to a man's "better nature." He may not have one.
Invoking his self-interest gives you more leverage... - A committee is a life form with six or more legs and no brain.
Lazarus Long, "Time Enough For... - A committee is a life form with six or more legs and no brain.
Lazarus Long, from Robert A. Heinlein's "Time Enough...
From the same category:
- Rank does not intimidate hardware. Neither does the lack of rank.
Augustine's Law Number XXVII -- Norman R. Augustine... - They asked me whether I wanted 20-year financing on my house and I said,
'Make it 50! The apocalypse is coming, so who cares... - On dancing:
A perpendicular expression of a horizontal desire... - Silence is argument carried out by other means.
--
Ernesto CheGuevara (1928... - I do not believe today everything I believed yesterday;
I wonder will I believe tomorrow everything I believe...
