Pyramid Schemes and Ponzi Schemes Explained in One Minute

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  • เผยแพร่เมื่อ 28 ก.ย. 2024

ความคิดเห็น • 257

  • @OneMinuteEconomics
    @OneMinuteEconomics  ปีที่แล้ว +4

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  • @JonatasAdoM
    @JonatasAdoM 5 ปีที่แล้ว +375

    You've managed to explain 2 concepts under 2 minutes. Now I understand why TH-cam has never recommended your videos :(

    • @seemlyme
      @seemlyme 4 ปีที่แล้ว +1

      JonatasAdoM System is the problem 🏡 Our Life should be around these Great Qualities.....
      1, Show all living creatures; all the love and kindness as much as you can.
      2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later.
      3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most.
      4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice.
      5, Always learn and look for to improve something your life.
      6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it.
      7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success.
      8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments.
      9, Never believe anything without the proper evidences.
      10, Always try to give more than you take.
      Because it is dignity/ character of the divinity within you.
      🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all.
      People are controlled by system why?
      The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
      Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix)
      😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression.
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    • @Flekr
      @Flekr 4 ปีที่แล้ว +8

      I was just watching the video when it randomly changed to the next. Bastards don’t want people how money works.

    • @arfanhussain5941
      @arfanhussain5941 5 หลายเดือนก่อน

      ​@@Flekrfr

  • @ETHANBOT-dw3mp
    @ETHANBOT-dw3mp 5 ปีที่แล้ว +120

    I got a pyramid scheme ad before this lmfao. Its one of those "Look how rich i am, take my class and become rich like me" stuff

    • @mo4d-7
      @mo4d-7 2 ปีที่แล้ว +1

      But how are you sure it’s a pyramid scheme

    • @jaddonradebe
      @jaddonradebe 11 หลายเดือนก่อน

      ​@@mo4d-7nobody ever got rich from those courses. You might gain money but you have to pay them for lessons that are probably not how they got rich

    • @dennislambdon1787
      @dennislambdon1787 6 หลายเดือนก่อน +5

      He's selling a class so it's not a pyramid or a ponzi scheme. It's only these two(pyramid) if your not selling a product. Ponzi is lying to investors about legitimate investment then the head of the ponzi scheme uses new investments to pay existing clientele.

  • @deanchimp2556
    @deanchimp2556 7 ปีที่แล้ว +90

    (Watches video about the dangers of Ponzi Schemes and Pyramid Schemes)
    *Ad is for a pyramid scheme*

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 ปีที่แล้ว +17

      I'm really sorry but Google delivers those ads, I have zero control over them :(

    • @deanchimp2556
      @deanchimp2556 7 ปีที่แล้ว +27

      you gotta admit the irony is beautiful though

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 ปีที่แล้ว +14

      How can you not love the Internet? :D

    • @chugnuts4208
      @chugnuts4208 5 ปีที่แล้ว +1

      literally just happened

    • @sahilkumtakar7240
      @sahilkumtakar7240 5 ปีที่แล้ว

      its a test

  • @OneMinuteEconomics
    @OneMinuteEconomics  ปีที่แล้ว

    If you liked this video, I think you'll love The Age of Anomaly, my Wall Street Journal and USA Today best-selling book about preparing for financial calamities (whatever they may involve). You can buy it over at:
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  • @JonathanBrandonBissoo
    @JonathanBrandonBissoo 7 ปีที่แล้ว +14

    So that's the U.S. Treasury & Federal Reserve explained.

  • @eclecticreader961
    @eclecticreader961 7 ปีที่แล้ว +5

    This video is helpful. Thanks for putting it together.

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 ปีที่แล้ว +1

      Thanks a ton and welcome to the community, I always love it when people take a minute (heh) of their time to say something nice, comments like these always make my day. Thanks again! :)

  • @jyothichandani7218
    @jyothichandani7218 5 ปีที่แล้ว +6

    Such a good job you've done ! Thank you so much 😊😊😊

  • @net_apart7987
    @net_apart7987 2 ปีที่แล้ว +2

    thank you, the google searches for pyramid schemes just tell you the basics and how to spot it, this actually tell me what it is.

  • @user-uz2ij7hh6p
    @user-uz2ij7hh6p 6 ปีที่แล้ว +54

    they put us in jail if we don't pay the fee

    • @LettuceBunnies
      @LettuceBunnies 6 ปีที่แล้ว +4

      If you sign stuff they have the right to put you in jail

    • @utryping
      @utryping 5 ปีที่แล้ว +1

      @@LettuceBunnies u a fuckin sovereign m80

    • @abd_cheese7353
      @abd_cheese7353 5 ปีที่แล้ว +2

      @@LettuceBunnies he's talking about taxes

  • @PositivelyBrainwashed
    @PositivelyBrainwashed 8 ปีที่แล้ว +8

    You got one solid channel, and I think you deserve to get bigger. Any social media I can get in touch with you?

    • @OneMinuteEconomics
      @OneMinuteEconomics  8 ปีที่แล้ว

      Really glad you like it, love reading comments like these! My twitter account is twitter.com/andreipolgar and the facebook page of this channel (very new, I've never been all that active on FB) is facebook.com/oneminuteeconomics, oh and feel free to shoot me an email at oneminuteeconomics at gmail dot com :)

  • @godzilla964
    @godzilla964 5 ปีที่แล้ว +31

    All this sounds more complicated than just getting a job. Why do people even start ponzi schemes?

    • @DimitriRiggas
      @DimitriRiggas 5 ปีที่แล้ว +14

      Ryan because there’s too many stupid people in this world to get rich from

    • @saintprodigy9670
      @saintprodigy9670 5 ปีที่แล้ว +2

      DimitriRiggas 👏🏽

    • @ALHat22
      @ALHat22 5 ปีที่แล้ว +7

      Greed and money

    • @JonatasAdoM
      @JonatasAdoM 5 ปีที่แล้ว +6

      Nailed it. If only they used their creativity in a legal way.

    • @JewishKeto
      @JewishKeto 22 วันที่ผ่านมา

      Arrogance and greed.

  • @RJAImpact
    @RJAImpact 3 ปีที่แล้ว +3

    You see time and time again that FOMO kicks in and this drives the next level of investors.

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 ปีที่แล้ว +2

      Yep, I've published a video about just that in 2020: th-cam.com/video/-EK3h546Eek/w-d-xo.html

  • @rodrigoBotinellyhp
    @rodrigoBotinellyhp 6 ปีที่แล้ว +2

    Thank you so much to clean my mind. I was so confused.

  • @ThatGUY666666
    @ThatGUY666666 7 ปีที่แล้ว +10

    Thanks for the video I feel it gives a good explanation but that might just be because economics wasn't my thing. That said I have to wonder, what is the point of a Ponzi scheme? If I'm understanding it correctly there are only three ways I can see it ending for the scammer:
    1) It blows up and the scammer goes to jail;
    2) The scammer ends it before it blows up and pays off the last of their "investors" but that would ultimately result in the scammer losing money and thus defeating the purpose of the scam; or
    3) The scammer vanishes before it blows off taking the money with them, but that would mean they would likely have to give up at least some of the perks of their lavish lifestyles to avoid raising suspicion
    In the end I don't see the point since the first scenario ends in prison and the other two seem to defeat the purpose of the scheme.

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 ปีที่แล้ว +6

      Glad you've enjoyed the video, thanks for the comment :)
      The "ideal" end result as far as the scammer is concerned is most likely a variation of #3. You're right that there would be hassles involved but still, my best guess is that the scammers assume they'll "exit" with enough money to make everything worth it.

    • @SL-pg4dh
      @SL-pg4dh 5 ปีที่แล้ว +4

      Option 4 is to take all the money he accrued and invest in an actual profitable business, and use that profit to payoff his investors, until he ultimately phase out the scam.

  • @RiruKrypto_
    @RiruKrypto_ 7 ปีที่แล้ว +8

    WFG (World Financial Group)

  • @RJAImpact
    @RJAImpact 3 ปีที่แล้ว +1

    Some people also try to 'get-in', 'get-out' to cash in early before the inevitable crash.

    • @anonymous_dot_com2326
      @anonymous_dot_com2326 2 ปีที่แล้ว

      So they basically make money and leave before it collapses, damn, thats smart🤣🤣

  • @JonatasAdoM
    @JonatasAdoM 5 ปีที่แล้ว +1

    Found your video trying to find the reason behind all of the pyramid scheme videos on TH-cam.

    • @OneMinuteEconomics
      @OneMinuteEconomics  5 ปีที่แล้ว +2

      Welcome to One Minute Economics, really hope you found it interesting! :)

  • @vxxiii4160
    @vxxiii4160 5 ปีที่แล้ว +4

    Finally this meme makes sense.

  • @marcusgill4116
    @marcusgill4116 7 ปีที่แล้ว +2

    Nice videos! have you already made the continuation video for this? cheers.

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 ปีที่แล้ว

      Thanks Mark, lemme know if you have a suggestion for a future video and I'll see what I can do :)

    • @deenad3562
      @deenad3562 6 ปีที่แล้ว +2

      Yes, and you can sell it for him for a small profit and get two friends to sell it for a smaller profit, and so on... i think thats MLM

  • @mattgursky5703
    @mattgursky5703 6 ปีที่แล้ว +6

    Sounds like you just described social security...

    • @ericwright6717
      @ericwright6717 6 ปีที่แล้ว +1

      matt gursky Lmfaooo seriously tho 😁😁

    • @SL-pg4dh
      @SL-pg4dh 5 ปีที่แล้ว

      Yup

  • @liamk3451
    @liamk3451 5 ปีที่แล้ว +4

    I STILL DON'T GET THE PYRAMID SCHEME
    i can't wrap my head around it. why is person on top getting the money from the people on the bottom, when they pay the people up one layer above them??

    • @safirazed7375
      @safirazed7375 3 หลายเดือนก่อน

      No, the people at the bottom pays the membership fees directly to Peter 0:34

    • @liamk3451
      @liamk3451 3 หลายเดือนก่อน

      @@safirazed7375this is a 5 year old comment, i’d completely forgotten id ever watched this video. idk how i didn’t take the time to pay attention to understand it, rewatching it its literally 30 seconds lol i immediately understood what he meant but thanks

    • @safirazed7375
      @safirazed7375 3 หลายเดือนก่อน

      @@liamk3451 lol I only realised it was a 5 yo comment after I typed it so I thought "eh it's fine, it's a good question actually. I'll just post it in case someone else is wondering about the same thing".

  • @kartikgorana
    @kartikgorana 7 หลายเดือนก่อน

    I've one question @oneminuteeconomics
    People can get lured into ponzi schemes bcz in their view a genuine investment is going on to give them the promised returns but what may attract someone in a pyramid scheme in the first place?

  • @vishalvarakhedkar8816
    @vishalvarakhedkar8816 7 ปีที่แล้ว +8

    Thumbs up if your'e here after watching Netflix's documentary "Betting on zero"

  • @dualexistence
    @dualexistence 3 ปีที่แล้ว

    Is there a video of all the schemes and scams one should be aware of?

  • @Theblueseaweedsoawesome
    @Theblueseaweedsoawesome 8 ปีที่แล้ว +33

    well that explain why Major Banks collapse

    • @OneMinuteEconomics
      @OneMinuteEconomics  8 ปีที่แล้ว +4

      :)

    • @vladislav43
      @vladislav43 6 ปีที่แล้ว

      False

    • @Silverado-pq6xe
      @Silverado-pq6xe 6 ปีที่แล้ว +1

      NoodlesPoodle explains*

    • @davidsamuel6018
      @davidsamuel6018 5 ปีที่แล้ว

      More like reinvented themselves, hopefully not to repeat themselves. Enough with the Pharaohs.

  • @o1fikko508
    @o1fikko508 6 ปีที่แล้ว

    So it just collapses if you can’t get new customers. You have to recruit people that successfully get new customers and trust and everyone has to trust in the system and believe it will grow. As long as it keeps growing its good. If you are willing to lose money for a while and not panic leave you are good. Noone gets scammed its just that if you can’t aquire 2 new customers or more the people above you have to pay and it continues.

  • @brakka6672
    @brakka6672 6 ปีที่แล้ว +1

    What do you think about imarketslive ?

  • @bdzfreshest3943
    @bdzfreshest3943 8 ปีที่แล้ว +10

    Is Market America a pyramid scheme? They tried to show me how they're different but their system is kind of similar to what you just explained in this video :/

    • @OneMinuteEconomics
      @OneMinuteEconomics  8 ปีที่แล้ว +3

      I'm afraid so :(
      Here's a decent short analysis I've found:
      rationalwiki.org/wiki/Market_America

    • @JonathanBrandonBissoo
      @JonathanBrandonBissoo 7 ปีที่แล้ว

      More a ponzi than a pyramid.

    • @RichardJenkinsFxCreations
      @RichardJenkinsFxCreations 7 ปีที่แล้ว

      No because you can make money just selling the products without ever recruiting. Just pay for the website usage and buy wholesale and sell retail. People here don't know what they are talking about and they think any type of referral program is pyramid or ponzi. Do real research. I still have a membership in MA but I don't push as network marketing because i like selling the products and taking the product.

    • @junichiroyamashita
      @junichiroyamashita 6 ปีที่แล้ว

      Richard Jenkins is it Organo a pyramid scheme?

    • @RichardJenkinsFxCreations
      @RichardJenkinsFxCreations 6 ปีที่แล้ว

      If you can join for free and buy wholesale and sell retail then the answer is NO. Its just as any merchant or a person with a personal business. You get products for a lesser price that you sell. Just because they added some affiliate side does not make it a pyramid scheme. If you pay to join anything and there is no product or service and it is required that you recruit to make money then that sir is a pyramid scheme.

  • @evanfisher7361
    @evanfisher7361 3 ปีที่แล้ว

    "Our financial system is a ponzi scheme because it means perpetual growth but thats a topic for another video".. Have you already made it? Can we have a link? I can't seem to find it in your channel. Would be interesting to watch.

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 ปีที่แล้ว

      Hi Evan, thanks for showing interest in my work! If you have a bit more time at your disposal, I'd strongly suggest checking out my playlist about the 2020 economic crisis (31 animations): th-cam.com/play/PLhICud5IUwVj5ICDHzrUCMhNuMvHK4kRj.html

  • @codyboothe2310
    @codyboothe2310 3 ปีที่แล้ว +1

    I just barely was contacted by someone trying to recruit me for a pyramid scheme

  • @purplecatfishz2112
    @purplecatfishz2112 7 ปีที่แล้ว

    Where is the next video? The one described in your outro

  • @PullmanMagee-t6u
    @PullmanMagee-t6u 15 วันที่ผ่านมา

    Cassidy Lodge

  • @ManuelGriffie-r8e
    @ManuelGriffie-r8e 13 วันที่ผ่านมา

    Ledner Plaza

  • @JulietAmos-n2r
    @JulietAmos-n2r 13 วันที่ผ่านมา

    Rolfson Spur

  • @RoyVasquez-r9z
    @RoyVasquez-r9z 2 หลายเดือนก่อน

    Any attorneys near Stockton CA?

  • @neno56527
    @neno56527 6 ปีที่แล้ว

    is neobux a pyramide sheme?

  • @geniusmarcsays2434
    @geniusmarcsays2434 3 ปีที่แล้ว

    Tell me what happens at level 3??? So after few levels the founder will get less than 1 dollar?

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 ปีที่แล้ว

      That would depend on how friendly your local scam operator chooses to be :P

  • @tophercundith6022
    @tophercundith6022 7 ปีที่แล้ว

    I'm confused. What does the second level get payed when the 3 level adds more people

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 ปีที่แล้ว +2

      The example I've given is an overly-simplified one. To entice people to tell others about the program, a lot of ponzi schemes have a multi-level reward system. As in Person 1 gets $500 for recruiting Person 2, gets another $200 when Person 2 recruits Person 3, gets another $50 if Person 3 recruits Person 4 and so on. Something along those lines.

  • @vladislav43
    @vladislav43 6 ปีที่แล้ว

    Like BitConnect ?

  • @aryannagariya6027
    @aryannagariya6027 3 ปีที่แล้ว +1

    Instead of monthly you should have one time investment so more people will join

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 ปีที่แล้ว +2

      Not to worry, scams come in all shapes and sizes :)

  • @BettyAbbott-m4n
    @BettyAbbott-m4n 12 วันที่ผ่านมา

    Annalise Rapid

  • @sarcastic_queenfr
    @sarcastic_queenfr 10 หลายเดือนก่อน

    This is genius

  • @Biscuitbob7
    @Biscuitbob7 5 ปีที่แล้ว

    wait how do you actually earn any profit in a ponzi scheme if ur basically circulating money?

  • @BalakThir
    @BalakThir 7 ปีที่แล้ว +2

    good video but I don't really understand the ponzi scheme :/ if the schemer take the existantes investors's money and give it to the new investors what's the kind of benefit he will get?

    • @Igor_054
      @Igor_054 7 ปีที่แล้ว +3

      + nothing lasts The schemers take part of the money to themselves. In really big schemes, this part could be just a small percentage of the total money and yet make the schemer rich.

    • @ericwright6717
      @ericwright6717 6 ปีที่แล้ว +1

      nothing lasts what you do is you take the money from other people and keep some for yourself then you give a little bit back.. The more people the better..but if there's not too many people than others will grow suspicious. Basically if I gave you a 1,000 dollars you might take 900 of it then promise others they'll get a 100 a month. And it keeps going. So really the scammer has to make sure they know what they're doing

    • @ericwright6717
      @ericwright6717 6 ปีที่แล้ว

      Igor Oliveira exactly

    • @ericwright6717
      @ericwright6717 6 ปีที่แล้ว

      Igor Oliveira it's more like donating money to them without knowing

    • @deenad3562
      @deenad3562 6 ปีที่แล้ว +1

      No, it takes the new money to pay existing investors... but its usually just their monthly "interest" so the scammers can spend much of the rest of the money while reeling in new investors all the time... usually implodes within 4 to 8 yrs

  • @yulanboothby6101
    @yulanboothby6101 5 ปีที่แล้ว

    Anyone know anythign about The ACN Business Opportunity?

    • @kawaiisenshi2401
      @kawaiisenshi2401 5 ปีที่แล้ว

      I considered it, but my town is too small lol

  • @ibahesjproductions6009
    @ibahesjproductions6009 6 ปีที่แล้ว +2

    Bitconnect..

  • @deadaccount5313
    @deadaccount5313 7 ปีที่แล้ว +1

    Go Animate?

  • @jmwloup5110
    @jmwloup5110 8 หลายเดือนก่อน +1

    some sort or math scheme was promised 1min but you took nearly 2

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 หลายเดือนก่อน

      Even 1:59 is still ONE MINUTE and fifty-nine seconds :D

    • @jmwloup5110
      @jmwloup5110 7 หลายเดือนก่อน

      @@OneMinuteEconomics 1 min AND FIFTY NINE SECONDS to be exact

    • @d.bcooper2271
      @d.bcooper2271 4 หลายเดือนก่อน

      ​@@OneMinuteEconomics intentionally misleading your followers

  • @dont_trust_any1_even_ur_waifu
    @dont_trust_any1_even_ur_waifu 2 ปีที่แล้ว

    We give them money and they then go to the fed reserve and create more then we lose more to higher prices

    • @OneMinuteEconomics
      @OneMinuteEconomics  2 ปีที่แล้ว

      It's (fortunately or unfortunately, heh) not that simple :)

    • @dont_trust_any1_even_ur_waifu
      @dont_trust_any1_even_ur_waifu 2 ปีที่แล้ว

      @@OneMinuteEconomics It actually is that simple :) Good try at your snarky comment though! :) Looks like your low IQ led you to be brainwashed into boycotting Russia as well so I can see that you don't understand how the world works :)

    • @OneMinuteEconomics
      @OneMinuteEconomics  2 ปีที่แล้ว

      For what it's worth, I'm a Mensa member, so if you value IQ that much, I am pleased to inform you that mine is most likely bigger than yours :P If there is anything you'd like me to address with respect to the Russia boycott I stand 100% behind, feel free to ask me anything there and I'll do my best to answer in a non-snarky manner

  • @lordhideyoshi8957
    @lordhideyoshi8957 6 ปีที่แล้ว

    So is it legal

    • @David-zd7ss
      @David-zd7ss 6 ปีที่แล้ว

      Lord Hideyoshi not in most places

  • @ryannryder3095
    @ryannryder3095 หลายเดือนก่อน

    Our American dollar

  • @jihadventures
    @jihadventures 6 ปีที่แล้ว +1

    one of the worst business!

  • @MsPaulieboy
    @MsPaulieboy 5 ปีที่แล้ว

    Cx

  • @sheldinvenus6475
    @sheldinvenus6475 6 ปีที่แล้ว

    So the Ppl on the bottom layer suffer

  • @jesussavesjesusgodlove7042
    @jesussavesjesusgodlove7042 7 หลายเดือนก่อน +3

    🛐🙏❤facts💓❤💗❤❤💞❤💕💗💖💕❤❤💖😭Heavenly Father JesusGod, I know that I am a sinner. I know that I deserve the consequences of my sin. However, I am trusting in Jesus Christ as my Savior. I believe that His death and resurrection provided for my forgiveness. I trust in Jesus and Jesus alone as my personal Lord and Savior. Thank you Lord, for saving me and forgiving me! In Jesus Mighty God's holy name, Amen!"
    💗❤❤💞This Gospel message if you continue to believe this message, you will be saved: For I delivered to you as of first importance what I also received: that Christ died for our sins in accordance with the Scriptures, that he was buried , that he was raised on the third day in accordance with the Scriptures, and that he appeared to Cephas, then to the twelve. Then he appeared to more than five hundred brothers at one time,

    • @something-hs1ui
      @something-hs1ui 4 หลายเดือนก่อน

      Nothing to do with the video

  • @subscribefornoreason7390
    @subscribefornoreason7390 5 ปีที่แล้ว +1

    Looks like Bitcoin.

  • @xCRiPPLESx
    @xCRiPPLESx 8 ปีที่แล้ว +16

    I't not one minute...

    • @Daniel-cy6kq
      @Daniel-cy6kq 8 ปีที่แล้ว +37

      Fucking nailed that apostrophe dude

    • @OneMinuteEconomics
      @OneMinuteEconomics  8 ปีที่แล้ว +18

      It's not exactly 60 seconds long but gimme a break here :)
      I do my best to keep videos in the "1 minute and x seconds" zone, where x is preferably on the low side.
      For some videos, 60 seconds is enough. I even had a 54-second one. For others however, those extra seconds make the difference between a video that does a proper job explaining whatever its meant to explain and a video that leaves people scratching their heads.

    • @cooliesass
      @cooliesass 7 ปีที่แล้ว +1

      +One minute Economics The video was fine...it's the annoying ads before the videos that p**s me off to no end. I know the ad is not your fault. The ads are so annoying that I mute the sound, click thumbs down (No, I will not buy whatever they are trying to shove in my face.) and I skip all ads asap. Sometimes I get so fed up with getting ads every time I try to watch a video that I just click to another video until I find one that has no ad.
      Glad I waited and watched your video...thanks!

    • @nicewhenearnedrudemostlyel489
      @nicewhenearnedrudemostlyel489 6 ปีที่แล้ว +1

      the ad, actually IS his fault. lmao. -____________-

    • @Silverado-pq6xe
      @Silverado-pq6xe 6 ปีที่แล้ว +1

      cooliesass YEAH, WE SHOULD STOP ADS FROM BEING ON TH-cam SO CREATORS DON’T MAKE MONEY AND WE GET TO WATCH EVERYTHING WITHOUT WASTING OUR TIME EVEN THOUGH IT’S ALREADY FREE! YOU’RE SO SMART HOW ABOUT WE JUST MAKE EVERY TH-camR BROKE fucking idiot.

  • @mets23q
    @mets23q 2 หลายเดือนก่อน

    Sounds a bit like bitcoin

  • @Jameru1208
    @Jameru1208 5 ปีที่แล้ว

    Sino pumunta sito dahil sa rigen at kapa

  • @joeyrinard6997
    @joeyrinard6997 2 หลายเดือนก่อน

    Irs .federal reaerve banks ...little peope

  • @tamlamoore7962
    @tamlamoore7962 4 หลายเดือนก่อน

    NATIVE AMERICAN PEOPLE ARE ABORIGINAL PEOPLE OF TURTLE ISLAND..WE ARE NOT RELATED..ASE HEKA AMEN RA AHO MOORE NATION GRAND RISING KARMA..REST IN PEACE..LAND BACK

  • @Happy23913
    @Happy23913 3 หลายเดือนก่อน

    Numerology:
    PYRAMID SCHEME =
    FALSE CHRISTS =
    139 + 76 = 215
    A false god to worship as a means to fulfillment, happiness, and wealth. God wants a to be OUR TRUE FULFILLMENT, BY THE WORD MADE FLESH AND SALVATION in Jesus Christ the WORD OF GOD, we live by love and love each other, and THROUGH GOD’S HOLY SPIRIT

  • @tamlamoore7962
    @tamlamoore7962 4 หลายเดือนก่อน

    AMERICAN INDIANS ARE ABORIGINAL PEOPLE OF TURTLE ISLAND..WE ARE NOT RELATED..ASE HEKA AMEN RA AHO MOORE NATION GRAND RISING KARMA..REST IN PEACE..LAND BACK

  • @elizabethsawada2659
    @elizabethsawada2659 5 ปีที่แล้ว

    Hahahaha kaloka yan ang nangyari sa akin at least naPubokan ko Hahahaha

  • @bongoutofwater
    @bongoutofwater 5 ปีที่แล้ว

    that was 1 and a half minutes

  • @alnilam8048
    @alnilam8048 ปีที่แล้ว +1

    Andrew tate has left the chat💀

  • @gregsanders6862
    @gregsanders6862 หลายเดือนก่อน

    Sounds like priamerica to me

  • @WhatSoEverThingsAreLovely
    @WhatSoEverThingsAreLovely 6 ปีที่แล้ว +4

    Now its called a Trump Scheme!!

  • @kennmarkgomez4716
    @kennmarkgomez4716 6 ปีที่แล้ว

    A comedy show for broke people

  • @jayantahalder010
    @jayantahalder010 7 หลายเดือนก่อน

    Fake no one investment

  • @kennmarkgomez4716
    @kennmarkgomez4716 6 ปีที่แล้ว

    Another broke show

  • @rileycacabacker8097
    @rileycacabacker8097 13 วันที่ผ่านมา

    8746 Alverta Place

  • @n_n
    @n_n 8 ปีที่แล้ว +142

    Good video, exactly what I wanted to know.

    • @OneMinuteEconomics
      @OneMinuteEconomics  8 ปีที่แล้ว +11

      Very happy to hear that, thanks a lot :)

    • @seemlyme
      @seemlyme 4 ปีที่แล้ว

      Yolp System is the problem 🏡 Our Life should be around these Great Qualities.....
      1, Show all living creatures; all the love and kindness as much as you can.
      2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later.
      3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most.
      4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice.
      5, Always learn and look for to improve something your life.
      6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it.
      7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success.
      8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments.
      9, Never believe anything without the proper evidences.
      10, Always try to give more than you take.
      Because it is dignity/ character of the divinity within you.
      🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all.
      People are controlled by system why?
      The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
      Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix)
      😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression.
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    • @humanchannel7825
      @humanchannel7825 4 ปีที่แล้ว +1

      see you later are u ok

  • @Shadow91507
    @Shadow91507 2 ปีที่แล้ว +41

    Better video than the other ones trying to explain the difference. Basically the difference is:
    Ponzi: the scammer does all the work.
    Pyramid: the scammees also have to do the work.

    • @OneMinuteEconomics
      @OneMinuteEconomics  2 ปีที่แล้ว +4

      Glad you liked the video, thanks for the kind words :)

    • @Shadow91507
      @Shadow91507 18 วันที่ผ่านมา

      @@OneMinuteEconomics I'm back after two years cuz I forgot the difference bw the two schemes. Glad this vid and this comment are still up. :)

  • @OneMinuteEconomics
    @OneMinuteEconomics  4 ปีที่แล้ว +10

    One Minute Economics needs your help! Please give me a minute (heh) of your time by watching the following video if you find the channel useful, literally anyone can help (either financially or by spreading the word about my work): th-cam.com/video/io04ckq1X1M/w-d-xo.html

  • @sanchitaagte8215
    @sanchitaagte8215 2 ปีที่แล้ว +14

    perfect explanation, and within such a short timeframe too, I'm intrigued. keep up the great work!!

  • @Jazzdude_
    @Jazzdude_ 5 ปีที่แล้ว +9

    I have a "webinar" on sunday, about a project / company that I think solely relies on such pyramid schemes. I will listen to what they have to offer, but will be very sceptical. Thanks for the quick summary of this topic.

  • @winterkingbitcoin8594
    @winterkingbitcoin8594 5 ปีที่แล้ว +2

    This is how real money system work in real life. Only boss is usa federal reserve! Rest of people losing money!

  • @erockbrox8484
    @erockbrox8484 9 หลายเดือนก่อน +1

    Math question: If we do a Pyramid Scheme and we have infinite people who join, does it actually work?
    How about this? Do a slow Pyramid Scheme where the scheme is passed down from generation to generation. Does it actually work now? As long as its slow enough and new people are born and pass it down to the next generation then does it actually work?

  • @icr0823
    @icr0823 7 ปีที่แล้ว +4

    +1 sub keep doing what you're doing

    • @OneMinuteEconomics
      @OneMinuteEconomics  7 ปีที่แล้ว

      Welcome aboard Eshan, very happy to have you as a subscriber :)

  • @PelonMusk
    @PelonMusk ชั่วโมงที่ผ่านมา

    Rich Dad/Poor Dad is an example of an investment scam.

  • @Tdotttttt
    @Tdotttttt 3 ปีที่แล้ว +1

    lol animation is so cute. Who did that???

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 ปีที่แล้ว

      Glad you like the animation Ram, I also agree the characters are cute! It's Vyond

  • @truthbetold4024
    @truthbetold4024 8 ปีที่แล้ว +2

    good video

  • @tomedy_official
    @tomedy_official 2 ปีที่แล้ว

    0:36 after correction he doesn't pay them at all, they are basically earning their own money.

  • @MultiSciGeek
    @MultiSciGeek 2 หลายเดือนก่อน

    Ohh can you explain that last point plz?

  • @misskobeyoshi2500
    @misskobeyoshi2500 6 ปีที่แล้ว

    This is what Phillip Defranco was doing with betterhelp scam

  • @DanielMcPherson-u5v
    @DanielMcPherson-u5v 5 วันที่ผ่านมา

    Larkin Estates

  • @JamalStemler-m4s
    @JamalStemler-m4s 16 วันที่ผ่านมา

    Fernando Mission

  • @TheGodric96
    @TheGodric96 5 ปีที่แล้ว

    I came from the movie Rebirth lol

  • @prebuiltdownline
    @prebuiltdownline 3 ปีที่แล้ว

    Pyramid spelled backward is Dimaryp...hmmmm....okay....break that into 3 words, and you get: Di Mary p
    in other words you get: Die Mary ;-p ......OH SHOOT, OHH CRAP, NO WAY, A CRYPTIC MESSAGE!!!!

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 ปีที่แล้ว

      If they're not out to get us, they sure are out to get Mary! :D

  • @vincearo5164
    @vincearo5164 5 ปีที่แล้ว

    Is Kuvera a pyramid scheme?

  • @reasonablerage4370
    @reasonablerage4370 8 หลายเดือนก่อน

    Pretty much every government pension plan, aka scam plan.

  • @ParodyGuyVideo
    @ParodyGuyVideo 3 ปีที่แล้ว

    damn, that soceity for you! #BidenIsNotMyPresident

  • @bouhannacheabdallah
    @bouhannacheabdallah 5 ปีที่แล้ว

    bullshit scheme

  • @kowner2752
    @kowner2752 2 ปีที่แล้ว

    NFTs

  • @manjit9932
    @manjit9932 5 ปีที่แล้ว

    Paul Denino

  • @octaviusdelmonte9019
    @octaviusdelmonte9019 4 ปีที่แล้ว

    So, basically, religion? ... Only the investors aren't even interested in making a "profit". Well, perhaps an intangible "prophet" that never shows up.

    • @OneMinuteEconomics
      @OneMinuteEconomics  4 ปีที่แล้ว

      There are unfortunately quite a few charlatans who prey on people in precisely a pyramid scheme manner on the religious front :(

  • @johnharrington4757
    @johnharrington4757 5 ปีที่แล้ว

    question, how can a you pay other investors in a ponzi scheme if it is the same money?

    • @alfsleftnut9224
      @alfsleftnut9224 5 หลายเดือนก่อน

      These schemes rely on the fact that not everyone takes their money out at the same time

  • @Imaqt090
    @Imaqt090 3 ปีที่แล้ว

    Sounds like social security

    • @OneMinuteEconomics
      @OneMinuteEconomics  3 ปีที่แล้ว

      If we are to be intellectually honest... it does :)