Cryptocurrency Q&A Is compound interest evil?

Is compound interest evil?

EnchantedSky EnchantedSky Thu Jun 13 2024 | 7 answers 1297
Could you please elaborate on your perspective regarding the nature of compound interest? Do you believe it to be inherently unethical or immoral? Could you provide examples or scenarios where compound interest might be considered harmful or advantageous? Furthermore, how do you reconcile the use of compound interest in financial institutions and investment vehicles with its potential negative impacts? I'm interested in understanding your argumentation and reasoning behind this question. Is compound interest evil?

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