via LOLFed
The Japanese businessman who was arrested last week for allegedly operating a massive Ponzi scheme attracted tens of thousands of members by pitching an electronic currency that he said would double in value each year and help eliminate poverty, according to Japanese media reports and lawyers for alleged victims.
Exercise for the reader: How exactly does this differ from the Bank of Japan printing Yen to purchase Japanese equities?
I wonder when our own central bank will follow suit. (Er, “if”. I meant “if”.)
I wonder when our own central bank will follow suit.
More like when our central bank will let us in on the fact that they’ve been doing this for years. Haven’t you heard of the PPT?
… and then there’s Social Security.