Post
Topic
Board Economics
Re: How long can the US dollar ponzi scheme continue?
by
johnyj
on 03/07/2013, 22:23:20 UTC
I don't think the dollar fits the definition of a ponzi scheme.
"An investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks" - Merriam Webster Dictionary


It's not even a ponzi scheme, it is pure theft and robbery since the gold backed them were removed 1971. But the interesting thing is, people seems do not care to be robbed  Roll Eyes