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What about population growth? Is the stock market a big Ponzi scheme? Guess who’s holding the bag?
by Jordanpomeroy 4y ago
What about population growth? Is the stock market a big Ponzi scheme? Guess who’s holding the bag?
- chii 4y agoit's only a ponzi scheme if there's no productivity behind the investment. The stock market is composed of companies that are mostly productive - the unproductive ones go bankrupt. Bad luck for those holding those shares, but this doesn't make the total stock market a ponzi scheme. people use "ponzi schemes" too often to incorrectly describe price increases.