>>And 0.1% annual growth is still exponential... if you multiply something by 1.001 many times over, it will grow. The press won't be impressed, though.
>
>Yes, right, the base of the exponent can be very small (close to one as in this case), and it is still technically an "exponential function"! But the popular term "exponential growth" has a somewhat different meaning.

Like many things in economics ;-)