I will briefly depart from my typical discussion of the Real Estate ponzi scheme just to comment on the Fed’s latest ponzi scheme. They are now paying off old dumb investors (bank shareholders) with new dumb investor money. We are the new dumb investors…
Literally the definition of a ponzi scheme...
I will briefly depart from my typical discussion of the Real Estate ponzi scheme just to comment on the Fed’s latest ponzi scheme. They are now paying off old dumb investors (bank shareholders) with new dumb investor money. We are the new dumb investors…