Neither the stock market nor the dollar are ponzi. For one thing, the value of the dollar trends downward not upward.
https://twitter.com/RAC/status/1490431030045544449
The value of stocks comes from expectations about future corporate profits. Sure, ponzi meme stonks happen like $GME, but the stock market as a whole isn't a ponzi scheme.
Ponzi currencies mean "deflation". The dollar is a managed currency that "inflates". The value we place on a dollar isn't some arbitrary fiction, it comes from its utility and fungibility, as well as certain government demands.
Now gold is certainly ponzi. The value people place on gold comes purely from what future people will pay for it.
Social security is not a ponzi scheme. The value of your social security benefits aren't defined by trying to convince future people to buy into it.
https://twitter.com/B_Dogood/status/1490460128662937601
Sure, your payments now go to current retirees, and when you retire, your payments will come from future young people paying into the system. But the "value" isn't determined by ponzi mechanics.
The value is determine by government rules instead. The government is going to mess with the rules forcing people to contribute to the system and limiting people taking money out of the system. Your expectations of your retirement is betting on future Congress decisions.
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