"an investment scam where returns for early investors are paid from the money of later investors, rather than from legitimate business profits, and relies on a constant flow of new investors to sustain the scheme."
Sounds like Social Security to me. 🤷♂️
quoting⚡️🇺🇸 NEW - Warnock: « Mr. Musk had unmitigated audacity to call Social Security a Ponzi scheme. I guess that’s easy for a billionaire who has been living on the government dole to say »
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