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zakruti.com » Knowledge, science, education » TED-Ed
The time value of money - German Nande

The time value of money - German Nande

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Rating: 4.0; Vote: 1
We've all heard the phrase Time is money. But what do these two things actually have to do with one another? German Nande explains the math behind interest rates, revealing the equation that will allow you to calculate the future value of your money (if you wisely put it in the bank, that is. Lesson by German Nande
Date: 2020-08-22

Comments and reviews: 10


Oh, my advice is Not to keep it in the bank. rather, invest it yourself! Why let other people get wealthy off YOUR money? Invest it and make that money for YOU! There are plenty of very Safe yet low-yield investments you can make. And YOU don't forfeit total control of YOUR money that way! The banks have screwed us ALL enough. time to starve the crooks! Who the hell needs their pissy little 2%-3% interest anyway?
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Oh, poor Sheila. She saved her money for a year and the inflation rate outpaced her interest earnings. Then Bain Capital bought out her employer and raided her retirement fund. Now Sheila has thirteen cars and an account in Panama since she discovered she can make 10, 000 a night escorting bankers conventions. (You can, too! Ask me how! WINNING! ;)
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TED-Ed: This video has nothing to do with education on the time and value of money.
One year later. inflation? One year later. quantitative easing? One year later. war?
Calculating the value of money is not taught here, at all. It is wholly indoctrination. This seems more like some 1050's Duck and Cover style propaganda.

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you forgot to take into consideration the inflation effect. with a interest of 10% on bank deposits for a year and no inflation in prices seems a fairy land tale. and of course the income tax. on the interest.
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5 years is enough to stabilize your bussiness if you use that money to invest or do a bussiness. And 20 years is enough to get you rich by your own bussiness if you make many decicions right and carefull.
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I was honestly expecting tim to get the money using some other tactics. i liked this video without seeing the video at first but was latter on was disappointed and took away the like that i gave
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and then timmy took a loan to buy the car, and became a slave for the rest of his life. but that car really helped him impress his friends, right?
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This video is not saying support corrupt banks. It's really just explaining the maths behind a highly theoretical and unrealistic example.
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Phew, with such great interest rates like 0. 5 at best or so I would be lucky if we had to just wait for 26 years to get anything.
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You forgot the part where inflation is at a higher % than interest so it's all rigged and we're all losing money either way
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