Unhedged Bonus: The fraudster's guide to magic money with Tim Harford
6 snips
Apr 26, 2024 
Tim Harford, host of Cautionary Tales, discusses Ponzi schemes, their spiral out of control, and the differences from bubbles. They talk about the dangers of investment schemes, Sarah Howe's experience, and the chaos of Sam Israel's scheme. They also explore the psychology of fraudsters, the financial implications of obesity, and compare Bitcoin to Ponzi schemes.
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