Monday, December 3, 2007

Pyramid scheme legality

Pyramid schemes are only legal when you can't tell who's going to get screwed at the end. Stocks and money are both pyramid schemes (think about it, who would accept cash today unless they expected to be able to spend it tomorrow), but the end of an individual company or the U.S. stock exchange or the end of the United States is unpredictable, so it's OK.

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