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Can you taper a Ponzi Scheme?

“Stocks are up, bond yields are down and economists are speaking of full employment: Everything seems perfect and improving. But I remain a non-believer in these modern monetary methods. If it were this easy, mankind would have solved the economic problems a long time ago.” ~ James Grant https://tinyurl.com/yyswa8x2
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If it can be tapered without the bottom falling out it is by definition not a ponzi scheme.