Your Money: the Ponzi Scheme Explained

[Regginyaga]

Isn't this exactly how banks work?

[b0010100b]

so a Ponzi scheme is a "blind" Pyramid scheme? Older investors inadvertently drive new investments through simply bragging about their cash.

Clever.

Greed is the best bait ever for taking a persons money. The biggest bank heist is 100's of times smaller than these greed/bad math Ponzis. people simply hand away their life saving thinking they'll get something for nothing. If it wasn't so devastating to the victims it could almost be considered an elegant proof of theory for human behavior.

[csbob2010]

@b0010100b As long as your not on the bottom of the pyramid when the fuckers decide to cash in.

[archie977]

all advertisment is fraud

[darekkhort]

I thought I was listening to a real estate agent teaching me how property bubbles are made.

[DSkeptic86]

Did you hear? The guy says that people invest very little money down in the hope of getting a 20 - 50% return on their investment. Now isn't that greed. That should have be a red light, warning signal, when the investor told them that they didn't have to invest alot and that they would receive double the amount of investment. Hmmmm. Reminds me of the sub-prime mortgage loans. Some people never learn.

[csbob2010]

@DSkeptic86 What they do is get people to invest a little bit of money, then when they actually see the big returns...they can get the same people to invest way more money. Then they get jacked. They build up their trust and then use their greed to take their money.

[DSkeptic86]

@csbob2010 Ok, thanks. Now I understand. wow

[mattychase]

This guy has a raging case of fag voice

[DappDadda]

if the American people kept a better eye on their money and on whom is elected in keeping it safe . we wouldn't be having these problems . it is our fault and now we have to fix it . ponzi schemes really? poor and uneducated people don't fall for that garbage on the streets and big biz bought it hook line and sinker...? BULLSHIT ! its all smoke and mirrors , and we are the marks .

[robinhood201218]

Sounds a lot like the US government

[csbob2010]

@robinhood201218 Sounds a lot like Social Security.

[kitchenlattice]

The best Ponzi scheme in the world is the stock market, of course. "Investments" pay "returns" by shifting money from new entrants into the scheme to older participants. The principle source of new investment is the US taxpayer via the Federal Reserve which provides nearly-no-interest "securitized" loans to investment banks and depository institutions. But this is not enough because "enough" has no meaning in a Ponzi scheme. So the next step is to "privatize" Social Security. Cha-ching!

[kitchenlattice]

IRAs were such a big hit with Wall Street that they have now invented Health Savings Accounts -- another way to put more of your money into their hands and bypass tax-paying altogether. (Of course, if they successfully privatize Social Security, that will be a direct pipeline from your payroll taxes to Wall Street and the prior investors will be able to cash out with your money in true Ponzi fashion.)

[applesalamanderpie]

Shifting funds done by rotten, low down, "shifty" people. THESE KIND OF PEOPLE carefully orchestrat their crimes by preying on family, friends & church members for example. Always trust your gutt instinct, intuition; because altho that is not proven scientific examples....we know by using our street smarts & feeling those bad vibes from scum who commit this heinous crime.

[Atm0sphere33]

One thing I'm unclear on: how is the one running the ponzi scheme supposed to profit from it

[coled82595]

@Atm0sphere33 the investors give him (or her) their money and he takes it and escapes somewhere

[Thisawareness]

Al Gore: Lord Carbon Credit Former Vice President Al Gore’s crusade against carbon dioxide emissions could make him millions of dollars. With help from friends at Goldman Sachs, Gore has established a network of organizations to promote the “climate crisis”—and keep himself in the spotlight. Gore’s crusade already has had an enormous impact on corporate decision-making and government policies.

[NinjaGhostScorpion]

They need to shut down PETA, the biggest Ponzi scheme in the world.

[divabikinis]

Why hasnt AP done a storuy on a huge pyramid scheme - Fortune Hi-Tech Marketing (FHTM)?? These guys have hurt hundreds of thousands Americans nationwide. They do 500 Million annually...Get on this AP!

[XshaunixX]

LOL! Nice voice buddy.

[AncutaMerkel]

Very informative but it went straight over my mind. I don't understand any of this. Its a good video though. I like AP its really comprehensive and high quality

[mapleleafs182]

the whole fucking economy is a ponzi scheme. We don't need money.

[snakecharmer133]

do not confuse currency for money.

[cobracarg]

@mapleleafs182 we dont need paper money... we need to get back on the gold system so our money is worth something

[mapleleafs182]

@cobracarg I was thinking about that. If we continue to use money which it looks like we will, we need it backed by an asset that cannot be controlled.

[kitchenlattice]

@cobracarg : Ha. And why do we care about gold, exactly? Just because it is a finite resource? Would any arbitrary finite resource do? Why don't we just scoop up a pile of sand and put it in a huge hourglass and call it the Holy Value Sand and set our currency against each grain? It makes no sense.

[cobracarg]

@kitchenlattice well as we all know...gold will always have value... money has to be backed by something, it doesnt have to be just gold... during our most prosperous times, we have been backed by gold and silver. if you look at the different times in history where we got out of a backed currency,, it is because of war funding...you are the person that makes no sense, sorry...

[kitchenlattice]

@cobracarg : My point is that gold is just some arbitrary, finite resource. It makes no more sense to buy a bunch of gold than it does to buy, say, real estate (which is effectively what backs our currency right now).

The grander point, however, is that a finite medium of exchange is a tool to make the rich richer and the poor poorer and nothing else.

[redwoodmountianwitch]

@mapleleafs182 If people had the maturity to only take what they need, then money would'nt be needed to organize deals and debts. If only greed did'nt exist. We are stuck in a world full of fucksticks, my friend.

[jorn1233]

@redwoodmountianwitch money creates greed



[AllergicBS]

shift funds between parties to generate an illusion of profit.

[1bibleman12]

Those Ass Holes Need to wakeUP?Pull their head out of the sandJust those Blind Church People. Being Rob With the Pencil start Praying for those ASS Holes Who were Sucker by Greed?

[spitoncat]

He explained that quite well. GRADE A

[eal1011]

shame ful thing. shame!!!!

[JH1776Publius]

Exactly the same way Social Security works!! LOL!

[daypass69]

This guy is gayer than a hand bag full of rainbows.

[shjakes]

Hear Hear and True Dat :)!!

[tico8007]

America has really gone down the hill, and from the looks of things it looks like the worst is yet to come. If I would have known this ten years ago I would have moved to Sweden.

[JH1776Publius]

Move to Sweden? I lived there for two years, you can have it. If you want to hand over 60% paycheck to the welfare state, be my guest. LOL!

[Hazn]

30% dipshit. Get your facts straight. Plus the oney goes to schools (which are free) and hospitals (we've got free health care)

[JH1776Publius]

Asshole, there is no such thing as a free lunch; education and health care are not free someone somewhere has to pay for it and that someone is the taxpayer..

Your burden includes your income tax, your tax on food, your tax on booze, your tax on everything. Which puts it up at nearly 50%. Ridiculous.

[sugarpuddin88]

Gimme a break!

Corporations are allowed to legally bribe politicians; foreign bankers control the USA by printing its money

We are at the non-sustainability point of Democracy!

The Empire devoured the State & Now NORTHCOMs homeland defense force trains on US soil to combat civil unrest in the States

America is entirely bankrupt!

Help yourself - Get another citizenship & move your currency out of the US dollar!

[xveers]

Tinfoil hat deployed~

[sl0wm0]

dumbass

[huhreally]

You gotta love Knowledge!!!!! lol...

[uae6066]

what