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What are the classic Ponzi schemes in human history?
Ponzi scheme is similar to a scheme that makes people believe in low cost and high return. For example, the Dutch tulip incident, 1635- 1637, when tulips were still growing in the ground, the price had risen hundreds or even thousands of times.

At that time, it could reach $65,438+0,000 light bulbs, and it became $20,000 in less than a month. This is still 1634.

At the peak, the total increase of tulip bulbs was as high as 5900%.

The cause of the incident was only that the dignitaries in the upper class favored the beautiful tulips, so speculators began to resell them. With this news and seeing the actual returns, the general public began to participate in the activities of speculation ~ its influence was so wide that even foreign investors came to eat ~ so a vigorous tulip movement began ~

In addition, there is a national endowment insurance system. In the mouth of your party, there is common prosperity first, and then there is prosperity. In fact, the operation of capital depends on Ponzi scheme, and the synonym of capital is deception.