One of the most powerful forces in economics and finance is compound interest.
Not everyone understands compound interest, even though they may reap its benefits or suffer its consequences.
Compounding has the potential to build fortunes and wreck empires. The effects of compounding are also not limited to interest payments. It can apply to a great many things in and out of the natural world.
Learn more about compound interest, how it works and its awesome potential on this episode of Everything Everywhere Daily.
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Executive Producer: Charles Daniel
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16:37
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16:37
The Sinking of the Lusitania
On May 7, 1915, nearly a year into the First World War, the British steamship RMS Lusitania was sunk by a German U-boat off the southern coast of Ireland.
Over 1,100 people were killed, many of whom were civilians from the United States who were not participants in the war.
Although the loss of life in the attack was great, the sinking of the Lusitania stands out due to its indirect role in encouraging the United States to enter the conflict.
Learn about the sinking of the Lusitania and its impact on World War I on this episode of Everything Everywhere Daily.
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--------------------------------
Executive Producer: Charles Daniel
Associate Producers: Austin Oetken & Cameron Kieffer
Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere
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13:57
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13:57
The 1969 Sino-Soviet Border Conflict
Many people think that the closest the world ever came to nuclear war was during the Cuban Missile Crisis.
To be sure, that was a very tenuous point in history.
However, there is a good argument to be made that the closest the world has come to nuclear war actually took place in 1969. The reason most people are unaware of what happened is that it had nothing to do with the United States.
It was two other nuclear powers who almost went to war.
Learn more about the 1969 Sino-Soviet Border Conflict, how it changed the course of the Cold War, and almost led to nuclear disaster on this episode of Everything Everywhere Daily.
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--------------------------------
Executive Producer: Charles Daniel
Associate Producers: Austin Oetken & Cameron Kieffer
Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere
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15:32
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15:32
The Origins of the Federal Reserve
In 1913, the United States created its third national bank.
Unlike the previous two, this bank was organized in a completely different manner. It was organized differently, in an effort to avoid the problems of the previous national banks.
Also, unlike the previous national banks, the creation of the Federal Reserve was not done openly and subject to public debate. It was created using secrets and subterfuge.
Learn more about the creation of the Federal Reserve and the very odd way it was created on this episode of Everything Everywhere Daily.
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--------------------------------
Executive Producer: Charles Daniel
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14:49
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14:49
The Dominican Republic
Known for its beautiful beaches, vast history, and unique culture, the Dominican Republic is one of the Caribbean's crown jewels.
However, it has had a history totally unlike its neighbors. Even Haiti, which shares an island with the Dominican Republic, went down a totally different path.
Today, the Dominican Republic is a relatively stable, prosperous country, yet its past has been marked by violence, political turmoil, and chaos.
Learn about the history of the Dominican Republic on this episode of Everything Everywhere Daily.
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--------------------------------
Executive Producer: Charles Daniel
Associate Producers: Austin Oetken & Cameron Kieffer
Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere
Discord Server: https://discord.gg/UkRUJFh
Instagram: https://www.instagram.com/everythingeverywhere/
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Twitter: https://twitter.com/everywheretrip
Website: https://everything-everywhere.com/
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Learn something new every day!
Everything Everywhere Daily is a daily podcast for Intellectually Curious People. Host Gary Arndt tells the stories of interesting people, places, and things from around the world and throughout history. Gary is an accomplished world traveler, travel photographer, and polymath.
Topics covered include history, science, mathematics, anthropology, archeology, geography, and culture.
Past history episodes have dealt with ancient Rome, Phoenicia, Persia, Greece, China, Egypt, and India. as well as historical leaders such as Julius Caesar, Emperor Augustus, Sparticus, and the Carthaginian general Hannibal.
Geography episodes have covered Malta, Tuvalu, Vanuatu, Monaco, Luxembourg, Vatican City, the Marshall Islands, Kiribati, the Isle of Man, san marino, Namibia, the Golden Gate Bridge, Montenegro, and Greenland.
Technology episodes have covered nanotechnology, aluminum, fingerprints, longitude, qwerty keyboards, morse code, the telegraph, radio, television, computer gaming,
Episodes explaining the origin of holidays include Memorial Day, April Fool’s Day, St. Patrick’s Day, May Day, Christmas, Ramadan, Halloween, Thanksgiving, Canada Day, the Fourth of July,
Famous people in history covered in the podcast include Salvador Dali, Jim Thorpe, Ada Lovelace, Jessie Owens, Robert Oppenheimer, Picasso, Isaac Newton, Attila the Hun, Lady Jane Grey, Cleopatra, Sun Yat Sen, Houdini, Tokyo Rose, William Shakespeare, Queen Boudica, Empress Livia, Marie Antoinette, the Queen of Sheba, Ramanujan, and Zheng He.
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