The statutes prohibiting Ponzi schemes—such as the anti-fraud provisions in the Securities Act of 1933 (15 U.S.C. § 77q) and Securities Exchange Act of 1934 (15 U.S.C. § 78j(b), Rule 10b-5), along with coercion bans under the Hobbs Act (18 U.S.C. § 1951)—
apply to the Federal Reserve's perpetual money expansion and inflation policies, as they dilute wages and savings for displaced workers coerced into participation through economic necessity,
Feb 4, 2026 21:41while funneling cheap capital to billionaires accelerating robotics that cannibalize even the "new" AI jobs, potentially constituting a form of systemic fraud or extortionate redistribution without explicit consent.
