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Yeah this is exactly what the author was talking about - this absurd “well actually everything is a Ponzi scheme!”. If you think that wall street investors are
by Traster 6y ago
Yeah this is exactly what the author was talking about - this absurd “well actually everything is a Ponzi scheme!”.
If you think that wall street investors are the same as gamblers and the entire American economy is a Ponzi scheme then you have lost touch with reality. You have quite literally got to the point where your definitions have expanded to the point of being meaningless.
- dmingod666 6y agoUS govt is printing paper like there is no tomorrow. Obama printed more money than all previous presidents and trump outdid him. You guys are doing it for your internal problems. The world currencies are pegged to the dollar. Anytime money is added it reduces the value of existing money. Any country that manages it's currency this badly faces consequences of hyper-infaltion. US is shielded by this by being the reserve currency. The moment it loses this status, and any major power decides to reject the dollar because the value is getting inflated away the whole house of cards will come crashing down. Sure, it's not happening tomorrow. Is it never going to happen, I don't think so..