• zifnab25 [he/him, any]
    ·
    edit-2
    2 years ago

    Proven long-term highly lucrative systematic exploitation of working people :is-this: Paying passive investors with their own deposits minus a hefty administrative fee

    :blob-no-thoughts: Critics of a Socio-Economic Policy Try Not To Call It a Ponzi Scheme Challenge (Easy - :read-theory: , Impossible - :grillman: )

    • invalidusernamelol [he/him]
      ·
      2 years ago

      It's only called a Ponzi scheme because his targets were wealthy investors, of he was doing it to workers then he'd just be a shrewd businessman

      • zifnab25 [he/him, any]
        ·
        2 years ago

        Walked into that sentence half expecting "its only called a Ponzi scheme if it comes from the Ponzi region of Wall Street".