Quote:
Originally Posted by 1centaur
I honestly do not believe the people citing Ponzi are thinking at all about abolition. I think they just want to tell people to stop pretending it will be all right and if they start talking arithmetic the eyes will glaze in under 10 seconds. I think there are many better ways to achieve the original mission, even if it is just literally investing in 5-year Treasury bonds (in a trust), for example, and raising the age limit to something closer to expected life span, as was intended.
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When 1centaur speaks about financial issues, I listen.