Quote:
Originally Posted by woj
Federal Reserve and Ponzi Scheme are actually quite similar, they both create money out of nothing... One is a scam, the other is an institution that helps stabilize the economy, how effective it is, is debatable, but comparing it to a Ponzi scheme isn't really THAT far off...  |
ponzi schemes take money from later investors to pay off the earlier investors, adding more & more investors until the pyramid collapses upon itself, unable to payoff all the investors. in no way whatsoever is that how the central bank operates.