Not exactly. The biggest Ponzi scheme is Social Security. Steal from the workers, extort from the employers, tax the recipients, and hope you live long enough to get your money back (ignoring time value of money). Die before you get it all and you lose.
Not exactly. The biggest Ponzi scheme is Social Security. Steal from the workers, extort from the employers, tax the recipients, and hope you live long enough to get your money back (ignoring time value of money). Die before you get it all and you lose.