This is not true at all as most investments have some intrinsic thing of value. A stock is a predicted stream of future earnings. A Ponzi scheme produces nothi

This is not true at all as most investments have some intrinsic thing of value. A stock is a predicted stream of future earnings. A Ponzi scheme produces nothing and only survives through new investment. Stocks don’t need future investment as they can just pay out dividends forever based on the companies earnings. Equating these two things seems fraudulent at worst and stupid at best.