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Author Topic: The Ponzi Factor: The Stock Market is a Ponzi Scheme  (Read 787 times)

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Offline trad123

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The Ponzi Factor: The Stock Market is a Ponzi Scheme
« on: June 18, 2022, 05:06:37 PM »
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    2 Corinthians 4:3-4 

    And if our gospel be also hid, it is hid to them that are lost, In whom the god of this world hath blinded the minds of unbelievers, that the light of the gospel of the glory of Christ, who is the image of God, should not shine unto them.

    Offline Geremia

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    Re: The Ponzi Factor: The Stock Market is a Ponzi Scheme
    « Reply #1 on: June 18, 2022, 05:30:08 PM »
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    • Both capitalist and socialist economic systems are Ponzi schemes.

    Pius XI, Quadragesimo anno (1931)
    Quote from: §105
    In the first place, it is obvious that not only is wealth concentrated in our times but an immense power and despotic economic dictatorship is consolidated in the hands of a few, who often are not owners but only the trustees and managing directors of invested funds which they administer according to their own arbitrary will and pleasure.

    Basically, usury makes the stock market "profitable".
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