Quote "......"compound interest" is....."
Your showing our age. That is primarily past tense now......:-(

That fact is essentially an indirect 'tax' on the people industrious enough to earn money and then smart enough to delay gratification by saving. Now, in order to prop up an economy ravaged by reckless irresponsible government spending, the govmt is manipulating interest rates to yield essentially nothing.

Well, when we saved it, it was the smart thing to do.....
Now it is looking like the 'spenders' are being rewarded and coming out ahead. We (society/govmt) are also rewarding those who live and party in the economic 'safety net'.

Things are turned up side down.
gimpy
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Good solid science needs no apology.