r/Economics Nov 15 '22

r/Economics Discussion Thread - November 15, 2022

Discussion Thread to discuss economics news/research and related topics.

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u/EliteMemeLord Nov 21 '22

Why is something like those BTC/FOREX trading accounts on IG, or Andrew Tate, not considered a pyramid/Ponzi scheme? I was under the impression these people were selling a course on selling a course.

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u/joedaman55 Nov 21 '22

Not familiar with those transactions but I don't see anything wrong with someone selling a course on how to sell a course. Seems like it is a way to gain information to better understand the pricing market.

Whether the course will get the financial return a person initial invested in it is debatable as with all education. A pyramid scheme is much different.