What exactly is interest—and why does it shape everything from your savings account to the global economy? In this episode of Capital Compass, we break down the hidden mechanics behind simple and compound interest, the time value of money, and why "free money" through interest-bearing accounts may be anything but. From ancient lending practices to today’s credit-heavy economy, we investigate how interest works, who benefits, and who bears the risk. Whether you're just starting your investing journey or refining your financial strategy, this episode gives you the compass to navigate interest rates with clarity.