I've mentioned this to a number of people, one thing I've noticed - most people really don't understand compound interest and exponentials well.
> compound interest and exponentials well.
They are not magic. Wealth cannot increase exponentially unless it increases exponentially.
Exponential growth never continues.
People draw lines on graphs and say: "compound interest and exponential growth" without making the connection to reality.
You cannot eat interest payments nor lines on graphs.
I've mentioned this to a number of people, one thing I've noticed - most people really don't understand compound interest and exponentials well.