1. Ponzi - Noun
2. Ponzi - Adjective
Ponzi (not comparable)
(finance) Pertaining to a scheme whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable.
Ponzi (plural Ponzis)
A Ponzi scheme.
Only Ponzi schemes should depend on confidence. Governments should never need to "restore confidence.” Cascading rumours are a product of complex systems. Governments cannot stop the rumours. Simply, we need to be in a position to shrug off rumours, be robust in the face of them. Nassim Nicholas Taleb
Some calamities - the 1929 stock market crash, Pearl Harbor, 9/11 - have come like summer lightning, as bolts from the blue. The looming crisis of America's Ponzi entitlement structure is different. Driven by the demographics of an aging population, its causes, timing and scope are known. George Will
No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run. Mitchell Zuckoff
A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from actual earnings. Amy Goodman
We do not live in an economy, we live in a Ponzi scheme. Douglas Rushkoff
Our oceans have been the victims of a giant Ponzi scheme, waged with Bernie Madoff-like callousness by the world's fisheries. Daniel Pauly