What did Albert Einstein once say was the "strongest force in the universe"?
Question
#47226. Asked by peasypod. (May 07 04 7:27 AM)
MaggieG 5
Compound interest
In this Baltimore Times column, the Cato Institute's Ed Crane talks about privatization's benefits for poor people, especially African-Americans.
"Which is where Social Security privatization comes in. If allowed to invest their payroll taxes in real assets, a couple earning the minimum wage their entire working lives would accumulate assets in their accounts totaling more than $250,000 in current dollars. And that is using interest assumptions well below the historic rate of return on equities. It was Albert Einstein who said that compound interest is the strongest force in the universe. He wasn't kidding."
Athletes are interviewed quite often and not everything that they say is either politically correct or always intelligent. This is a quiz about some of the more unbelievable quotes in American sports history.
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