ponzi schemes
The FMA has carried out inquiries into how now convicted fraudster Barry Kloogh was able to exploit the trust and goodwill of his clients
5th Oct 23, 10:32am
The FMA has carried out inquiries into how now convicted fraudster Barry Kloogh was able to exploit the trust and goodwill of his clients
Deficit spending that pays for current consumption is just a wealth transfer from future taxpayers to current consumers. Economist Larry Kitlikoff et al say accumulating debt to pay for current expenses is like a Ponzi scheme
10th Jul 21, 6:24pm
19
Deficit spending that pays for current consumption is just a wealth transfer from future taxpayers to current consumers. Economist Larry Kitlikoff et al say accumulating debt to pay for current expenses is like a Ponzi scheme
Koichi Hamada likens government borrowing, especially for QE, to a ponzi scheme, something only illegal in the private sector
23rd Jun 16, 9:02am
3
Koichi Hamada likens government borrowing, especially for QE, to a ponzi scheme, something only illegal in the private sector