people LOVE the term "Ponzi scheme", without actually knowing what that term means
often, people just use it as a drop-in replacement for the term "organized fraud"
example: "isn't JetBlue air-miles just a classical Ponzi scheme?"
often, people just use it as a drop-in replacement for the term "organized fraud"
example: "isn't JetBlue air-miles just a classical Ponzi scheme?"
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