Skip to content

Economics Quote by Donella H. Meadows

Download Open image
““Because we bump into reinforcing loops so often, it is handy to know this shortcut: The time it takes for an exponentially growing stock to double in size, the “doubling time,” equals approximately 70 divided by the growth rate (expressed as a percentage). Example: If you put $100 in the bank at 7% interest per year, you will double your money in 10 years (70 ÷ 7 = 10). If you get only 5% interest, your money will take 14 years to double.””

Donella H. Meadows

5.0 out of 5 (9 ratings)

More by Donella H. Meadows

Explore all 18 Donella H. Meadows quotes

More Economics quotes

Browse all 7,657 Economics quotes