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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
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"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 #moneywealth

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A typical Ponzi scheme involves taking money from investors, then paying them off with money t…

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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

About Amy Goodman

Amy Goodman was a Journalist from United States (1957–present).

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Frequently Asked Questions

Who said "A typical Ponzi scheme involves taking money from investors, then paying them o…"?
This quote is attributed to Amy Goodman, a Journalist from United States.
When did Amy Goodman live?
Amy Goodman lived from 1957 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.