3 ms·

By that definition every pyramid scheme is rational (of course only until you run out of greater fools).

• toenail 5mo ago
  What's the pyramid scheme here? The Netherlands are the top producers of tulips today, seems like a sustainable business. A temporary inefficiency in markets does not make a pyramid scheme.
  • gbear605 5mo ago
    Pyramid schemes are defined by the price and structure. A business that sells knives is a fine business. A business that sells overpriced knives by promising that you can then find someone else to sell more knives for you at an even higher price is a pyramid scheme. Selling tulips is a fine business. Selling tulips at an insanely high price by promising that the market for tulips will keep on expanding and increasing the price of tulips is a pyramid scheme. (Well, maybe not quite a pyramid scheme, the structure isn't right. But it certainly wasn't a sustainable business model.)
    • bluecheese452 5mo ago
      Cutco?
      • gbear605 5mo ago
        That was the comparison, yes