Ponzi scheme


subjectFinance
period1919-1920 (1 year)
infopyramid scheme, chain letter, scam artists, con artists, conman, theft, counterfeiting, corruption, fraudsters, mobsters, crime mafias, gangsters, counterfeits, US postal services, international mail, international postage
peopleCharles Ponzi, Bernie Madoff
regionus






Affordable housing

housing affordability crisis, immigration, home builders, more homes

American economy

American economy, economics, US economy, USA economy

Aureus

Roman gold coins of ancient Rome, ancient currency, ancient money, ancient coins

Austerity

zero growth society

Australian economy

capitalism vs Marxism, communism, capitalists vs. Marxists

Bank of England

central banks, central banking, The Breakdown of Money

Bank of the United States

central banks, central banking, The Money Creators

Billionaire

billionaires

Bitcoin

Bitcoin dollars, crypto assets, digital wallets, crypto wallets, Bitcoin wallets, cryptocurrency, blockchain technology

Blockchain technology

blockchain technology, cryptocurrency, thermodynamics

Bretton Woods system

Bretton Woods system of monetary management, Bretton Woods conference, Bretton Woods agreement, Bretton Woods monetary system, macroecnomics, United Nations Monetary and Financial Conference, UN Monetary and Financial Conference, tradewars, trade wars, world superpowers

British pounds

British Pound sterling, Bank of England, European Currency Unit (ECU), XEU, European Monetary System (EMS)

Capital markets

commodities, pricing, prices, labor resources, human resources

Cash

money, cash pile, investing, cash flows, cashflows, cash positions

Central banks

Central banks, central banking

Classism

prejudice to social classism, socioeconomic issues, socioeconomical issues

Coin clipping

Jews of England were arrested for clipping of money, counterfeiting coins, Roman coinage, bronze, orichalcum, copper coinage, king stamps, paper certificates, paper money, coin clippings, cheaper metals, debasement, inflation, dilution, Jews in England expelled by King Edward I

Coincidence of wants

bartering economy, double coincidence of wants

Coins

fiat money, fiat currency, let there be, let it be done, precious metals, metal coins, gold coins, silver coins

Competition

competitions, competitiveness, competitivism

Compound interest

annual returns, investing, investments

Consumer Price Index (CPI)

Core CPI, standard CPI, consumers, consumerism, standard pricing

Consumerism

consumer capitalism, consumerism, subscriptions, subscription services, consumers, consumer products, shrinkflation, inflation, Consumer Price Index (CPI)

Conventionsthaler

The Conventionsthaler, Konventionstaler, Holy Roman Empire, Cologne marks, silver coins

COVID-19

Coronavirus, CoV-2, CoVid-2, psychological manipulation, economic shutdowns, closing small businesses

Credit

Code of Hammurabi, grain loans, silver, credit vs debt, credit cards, credit card debt, international superelites, money owed to the rich, zero debt, creditors, bonds, mortgages, banks, banking, inequality

Credit cards

VISA, Mastercard, Discover Card, American Express, AMEX

Cryptocurrency

Bitcoin cryptocurrency, memetics, crypto scams, Ponzi schemes

Czech koruna

Czech crowns, Czechia currency

Danish kroner

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Denarius

Roman silver coins of ancient Rome, ancient currency, ancient money, ancient coins

Ducat

gold ducats, sequin, gold coins

Dutch Guilders

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Écu

ancient French coins, French gold coins

Emirati dirham

United Arab Emirates dirhams, UAE dirhams

Euro

European Currency Unit (ECU), XEU, European Monetary System (EMS)

European Currency Unit (ECU)

Ecu coins, ancient French coins, European Currency Unit (ECU), XEU, European Monetary System (EMS)

Federal income

national incomes

Federal Reserve

The Federal Reserve System, Federal Reserve Act, federal reserve banks, central banks, central banking

Free markets

capitalism, free markets, individualism, personal independence, individual freedoms, personal freedoms, freedom of choice, voluntary trade

French Francs

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Futures

stock investing in grain futures led to the Great Depression (1929) and a massive agricultural slump where bushels of wheat deflated in price, stocks

German Marks

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Gold & silver

gold coins, silver coins

Gold currency

Basel III, Basel 3, gold coins, gold currency

Gold standard

Fort Knox gold reserves, the birth of the petrodollars, the Wall Street 2008 financial crisis, American imperialism in the Middle East

The Great Depression of 1929

Great Depression and the New Deal

Great Financial Crisis (GFC)

Great Financial Crisis (GFC), global financial crash, global financial crisis, Occupy Wall Street, Occupy Wall St, good credit rating agency, bad credit ratings, junk bonds, financial insurance contracts, insider trading scandals, stocks, inflation, mortgages, collateralized debt obligations, CDOs

Greek Drachmas

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Housing crisis

housing crisis, nimbyism, not in my back yard, not in my backyard, nimbys, housing affordability, housing markets, home builders, more homes, home building permits, construction failures

How Money Works

https://www.youtube.com/watch?v=FwkcwlGQdAQ

Initial Coin Offering (ICO)

token sale, cryptocurrency tokens, token sales, tokens sale, Mastercoin the first ICO, Initial Coin Offerings (ICOs)

Idiosyncratic return

idiosyncratic returns, idiosyncratic return volatility, financial reporting quality, investments, investment risks, asset returns, all assets, idiosyncratic risk management, idiosyncratic risks, idiosyncratics

Income

taxable incomes, low wages, low wage earners, average workers, regular people, normal people

Income Tax

Income Tax Acts, taxable incomes

Inflation

money printing, devaluation, borrowing, interest rates

International markets

international markets, global markets, internationalism, globalism, globalization, Marxists

Irish Punts

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Italian lira

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Keynesian economics

consumer demand, economic stimulus packages, economic growth, environmental destruction, full employment, social welfare, capitalism, booming businesses, tax the rich, high taxes, income taxes, pre-neoliberalism, public services, government services

Leprechaun economics

fake rich, fake economy, Apple is soley responsible for 25-30% of Ireland's growth in GDP

Lincoln Greenbacks

central banks, central banking, United States Notes, $450 million US Notes, constitutional money systems, Hazard Circular newspapers, internationalists, National Banking Act of 1863

Luxembourg Francs

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Managed decline

organized collapse, population decline, survival economics, survival economy, collapse of the Roman empire, conquests, spoils, slave labor, slave labour, slaves, plebian farmers, plebs

Marxian economics

Marxists, materialism, Marxism, revolutionary socialism, worker coops, revolutionary socialists, revolutionaries

Meaningless work

real definition of work, definitions of work, work definitions, greed, American Dream, craftsmanship, farmers, farming

Modern Monetary Theory

treasury bonds, money, MMT, macroeconomics, debt, money policy, monetary policy

Money

money, interest, employment

Money sequence of value

the life sequence of value, the death sequence of value, globalization

Money supply

Occupy Wall Street, inflation, money printing, currency, transactions

Money velocity

money velocity chart, money velocity formula

Norwegian kroner

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Numismatics

Numismatics, numismatists, study of money, study of coins, medals, metals, coin collectors, collect coins

NZ dollars

New Zealand dollars

Obol

Aegina obols, Roman obolus, ancient Greek coins, apothecaries, apothecary

Knickerbocker crisis (The Panic of 1907)

The Panic of 1907, Knickerbocker crisis, worldwide financial crisises, three Copper Kings, the Copper Kings

Paper money

Fiat currency, gold, silver, copper, iron bars, pearls, salt, coins

U.S. petrodollar

US petrodollars, US petro dollars, quantitative easing (QE bailouts), monetary supply, treasury bonds, treasuries, cash money

Ponzi scheme

pyramid scheme, chain letter, scam artists, con artists, conman, theft, counterfeiting, corruption, fraudsters, mobsters, crime mafias, gangsters, counterfeits, US postal services, international mail, international postage

Portugese Escudos

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Pound sterling

British pounds, British pound sterling

Reichsthaler

Reichsthalers, Roman currency

Retirement crisis

retirement crisis, retirment planning, retirement dreams, seniors living, adult living, running out of money

Savings

affordable housing costs, discipline, self control, spending too much, budgets, budgeting, delayed gratification, investments, IRAs, zero retirement savings, saving for later, property ownership

Sestertius

Roman gold coins of ancient Rome, ancient currency, ancient money, ancient coins

Silent Depression

The Great Depression, the silent recession, the Silent Depression, great financial crisis, great recessions, silent recessions, the great depression, immigrations, real estate

Silk Road

Silk Road China, Han Dynasty of China, Eurasian trade routes, the Mongols, the Levant, the Great Wall of China, the Black Death, Pakistanis, Uygurs, the Silk Road Project

Silk Road (crypto)

Dread Pirate Roberts (Ross Ulbricht), narcotics distribution, illegal Bitcoin transactions, drugs and crime, money laundering

Silk Road (Darknet)

dark web markets, marketplaces, drugs, Bitcoin transations, Bitcoin payments, Bitcoin crypto payments, the dark web, the darkweb, the dark net, the darknet, the deep web, the deepweb, whistleblowing, whistleblowers, weapons, identity theft, indentity fraud

Spanish Peseta

European Currency Unit (ECU), XEU, European Monetary System (EMS)

Stock market

stock markets, stocks, stock trading, investing, stock traders

Stocks

stock markets were proposed in 1792 and in 1830 the first stock was sold on the (New York Stock Exchange (NYSE)

Title

land trusts, title deeds, title foundations

Tokenization (NFTs)

NFTs, nifties, niftys, non fungible tokens, equity shares, blockchain tokenization, crypto assets, digital assets, real assets

TradFi

traditional finance systems, traditional financial systems, DeFi, decentralized finance

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