The Largest Ponzi Schemes in History

31 thoughts on “The Largest Ponzi Schemes in History”

1. As a finance teacher, I can tell you that not only the Fed but any central bank is "technically" a ponzi scheme. Not only that. But the banking system and the monetary system they are the biggest player of, are much larger ponzi scheme too. If everybody tried to withdraw money from their bank at the same time there would be only a fraction of it… But the governments would be there to reassure depositors with their own ponzi scheme (public debt that will never be paid back, but rolled over and over…). And the central bank is there to help with its unlimited money creation (sometimes called money printing). But, contrary to the other ponzi schemes these are legal, and they work… and the worst that can happen is that either a sovereign default (more typical of emerging countries) or high inflation due to excessive money creation (typical of developed countries, but also some emerging countries)

2. All it would take, is everyone to quit their jobs all at once.

3. Capitalism IS the Largest Ponzi Scheme in History!

4. Was good until the Fed bit…tell me you don’t understand how central banks work

5. 20:00

6. As long as greed exists, Ponzi Schemes will evolve to new ways!
   Thanks for this video. It proves not to follow the crowd blindly. People can be mislead easily.

7. The Ponzi story is one of the most interesting stories in 1920s ish history. Like the whole thing sounds like it came from a movie or a novel except it really happened.

8. Ponzi was a real life supervillain. But all supervillains have a backstory. I think Ponzi's villain back story started when he was abandoned in a faraway country by his parents.

9. MLM are just Ponzi that want to go around laws. Prove me wrong.

   Literally just want to buy a single normal product from them and they force me to join. It's not even just about the product anymore. 😂😂

10. This guy keeps saying 50 years and I keep being like damn y’all kill somebody

11. BITCOOOONNEEEEEEEEEEEEEEEEECT

12. @21:10, wikipedia says that Alan Stanford was senteced 110 years (not 11 years) in prison for his criminal activities: wire fraud, mail fraud, money laundering, conspiracy, obstruction of justice.

13. @21:10 Alan Stanford was sentenced 11 years in prison. Only 11 years?! 😳
    11 years would have been a soft smack to his face for his mega crime.

14. Now you can add one more to the list: SBF's FTX and Alameda Research empire

15. You sound so white tough 😂
    Thanks for your content ! It's great 👍

16. Reminder that the bitcONNNEEEECCT guy was unaware of the true nature of the scheme and was actually a victim

17. Largest ponzi scam is the privately owned “Federal Reserve “ which is owned by private bankers that counterfeit money then loan it out to the government on interest! They came up with that name to fool ignorant American citizens!

18. Federal reserve is not federal and is not a reserve. And yes it's the biggest ponzi scheme…

19. I can’t believe money is more valuable than freedom and inner peace. How poor our society and humanity is!

20. Sbf. " pffff whatever, hold my FTX"

21. Axie infinity 2021 the biggest scam ponzi scheme

22. A video about scams, ended with a sponsorship by raycon. How fitting.

23. Wait so, social security is a Ponzi scheme??

24. Gonna have to update this with FTX soon

25. 25:25 also a scam

26. This did not age well. FTX is larger.

27. If you're gonna talk about the biggest ponzi schemes in history, you have to talk about government social security systems all around the world, because they are certainly the biggest.

28. "The Largest Ponzi Schemes in History"
    2022 FTX: Hold my FTT…

29. I know it was wrong, but buying out the company you got fired from, just to fire the guy that fired you, is a hilarious power move lol.

30. Thanks for that video. I’ve seen one in action and couldn’t believe how many fell for it and even got grumpy with me not wanting to buy into it. Your video should be mandatory for year 8 in school.

31. Want #7? Social security in the USA

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