Plastics.

Casein plastics.

Plastics. Plastic ware.

You're actually compounding continuously.

Chemistry gave us plastics.

It's one tragedy compounding another.

Plastics are also hard to recycle.

There's a great future in plastics.

There are other videos on compounding continuously.

You're compounding every zillionth of a second.

It was like Dustin Hoffman in The Graduate, right, when he said plastics, whatever that means, plastics.

Many shoes nowadays are made of plastics.

So this is how many periods I'm compounding.

This is actually the power of compounding interest.

Upon educating myself a little further about plastics,

Whenever possible, refuse single use and disposable plastics.

Biodegradable plastics out of CO2 how plant like.

Plastics have taken the place of many conventional materials.

Plastics take hundreds to thousands of years to biodegrade.

So now, in this situation. we are compounding the interest.

So whenever possible, to choose alternatives to single use plastics.

But I'm just going to keep it a simple example, compounding annually.

When we started compounding, at first you owed me 2, just when

Even though it looks suspicious to you, it is called compounding interest.

You see, plastics have very complex structures and are difficult to biodegrade.

So hourly compounding I should've been doing this in green since it's money.

In the United States, less than seven percent of our plastics are recycled.

And TAP Plastics made me although I didn't photograph it a museum vitrine.

And just keep in mind, all I'm doing is I'm compounding the interest, right?

Mental note to the liberators throwaway plastics take a lot of space and don't biodegrade.

And also, I thought that there would be synthetic polymers, plastics, embedded in the rock.

And the vast majority of that, of course, is single use plastics, that stuff floats.

What I want to do in this video is talk a little bit about compounding interest.

So let's say this is a different reality here, where we have 7 compounding annual interest.

And then the amount that you owe me after one compounding period is 1 times the principal, plus my annual interest rate so in this case it's r divided by the number of times I'm compounding.

This is annual interest, and they're usually compounding on a monthly basis, so 6 divided by 12.

Compounding that, the material of choice, laminate, that I was trying to highlight, only bends in two dimensions.

A teacher told me how to express the under five percent of plastics recovered in our waste stream.

It's a material hardener and synthetic estrogen that's found in the lining of canned foods and some plastics.

However, plastics are useful because they're durable, flexible, and can be easily molded into so many useful shapes.

We said it's essentially 100 interest, but we're dividing it by 12 per month, but we're compounding it 12 times.

Fossil fuels are also essential for the creation of plastics and polymers, key ingredients in computers, entertainment devices and clothing.

We're losing about one million or so apex predators every year just to plastics and that's just the apex predators.

Hourly compounding, I will charge you 100 divided by the number of hours in a year, which equals 0.0114 per hour.

This picture doesn't exactly show the plastics that I would like it to show, because I haven't been out there myself.