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Can a Ponzi scheme work?
No. They all collapse of their own weight.
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What is a Ponzi scheme?
A "Ponzi scheme" is a way to trick investors. The broker (money maker) promises unusually high returns (10-50%) by investing their money in some amazing scheme: a money exchange, stock market trades,...
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Is the ponzi scheme named after Charles ponzi or carl ponzi?
Charles Ponzi. He invented the pyramidal system in the 20ies in Boston.
The concept is to pay the interests to the first investors with the money the new gives you. It actually works until there are...
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What is a 'Ponzi scheme'?
A 'Ponzi scheme' is a scheme in which investors are promised extraordinary returns, but meanwhile these returns are simply paid out from the inflow off new funds from new investors in the scheme....
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Can Christianity be considered a ponzi scheme?
Not by anyone with any sense, no. Even if you don't believe or agree with the premise, it's clearly not a Ponzi scheme. Some flavors of the "prosperity gospel" might sort of graze the edges of being...