Let's talk about the chessboard analogy. Remember, when you place one penny on the first square of the chessboard, and double it every square, you end up with more money than most economies.
I use the chessboard analogy to demonstrate a point - many fraudulent investment schemes offer interest rates that promise some fantastic rate of return. 20%! 30% per annum.
This is like the chessboard analogy. If an investment is offering that fantastic a rate of return, there is something wrong. Just like the chessboard, if you keep up this rate of return, eventually you will have a situation where there is not enough money in the world to support it. It literally becomes economically impossible to have this kind of constant, growing investment without violating the laws of economics.
More on this later.
I use the chessboard analogy to demonstrate a point - many fraudulent investment schemes offer interest rates that promise some fantastic rate of return. 20%! 30% per annum.
This is like the chessboard analogy. If an investment is offering that fantastic a rate of return, there is something wrong. Just like the chessboard, if you keep up this rate of return, eventually you will have a situation where there is not enough money in the world to support it. It literally becomes economically impossible to have this kind of constant, growing investment without violating the laws of economics.
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
Have a great and fraud-free day.
----------à>>>>>>>>>>>>>>>gene
tausk
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