Define: Ponzi scheme - a form of fraud in which belief in the success of an enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors.

So social security is objectively a multi-trillion dollar Ponzi scheme that will end in collapse.

If the Federal Reserve is the buyer of last resort for US gubmint debt then what is that scam called? The slavery scheme? It’s a far worse and more nefarious scam than a Ponzi. And it’s what we’ve all been conditioned to call normal.