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> The social security administration could also be considered a Ponzi scheme, but it still provides tremendous value to a lot of people. Government runs a debt
by bb88 5y ago
> The social security administration could also be considered a Ponzi scheme, but it still provides tremendous value to a lot of people.
Government runs a debt and finances it on the bond market with US Treasuries. That's not a ponzi scheme.
Edit: Not sure why the downvotes, but it's true and will continue to be true in the forseeable future.