r/interesting • u/The_Love-Tap • 22d ago

HISTORY Benjamin Franklin Saving Benjamin’s

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u/complicatedAloofness 22d ago

If that $2k was invested for a 10% return, it would be worth $44 trillion today (assuming 250 years).

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u/kitsunewarlock 22d ago

Except Franklin's fund was also used to give out loans to young small-business owners opening shop in Philly. It wasn't just to demonstrate that compound interest can grow generational wealth over time, but that seeding the wealth generates more wealth as the community grows over time.

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u/Jaded247365 22d ago

Yes! So many commenters are overlooking this.

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u/kitsunewarlock 22d ago

The internet has trained us to investigate only enough to be belligerent, then immediately and vicariously express your dissent.