Whether Social Security is a Ponzi scheme is beside the point. Unlike Social Security, Ponzi's investors did not know their returns came from newer investment. The term is being used as a scare tactic, and has been since at least when G. Gordon Liddy made the same accusation.
March 4, 2025 at 2:23 PM
Whether Social Security is a Ponzi scheme is beside the point. Unlike Social Security, Ponzi's investors did not know their returns came from newer investment. The term is being used as a scare tactic, and has been since at least when G. Gordon Liddy made the same accusation.
J.B. Lenoir: "Feelin' Good"
December 5, 2024 at 2:02 AM
J.B. Lenoir: "Feelin' Good"