来自《耶鲁大学开放课程：金融理论 第12集 第12集》

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  and you buy yachts with it, and then when they ask for their money back
  你用来买游艇 然后当他们要求还钱时
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  you tell them that you've gotten great returns
  你告诉他们 你已经得到了巨大的回报
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  and you just hand them money that new people have given you.
  而你只是把新人们给你的钱交给他们
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  So they think you've gotten great returns.
  他们认为你已经得到了巨大的回报
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  And when that second generation of people wants their money back you tell them,
  第二代人想要自己的钱时 你告诉他们
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  well, you've invested it brilliantly, you've gotten great returns,
  你投资得很好 回报极高
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  but all you're doing is giving them the money that the third generation is giving you,
  但你所做的一切是把第三代给的钱给他们
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  and you keep going like that until finally you owe so much money
  一直这样下去 到最后 欠这么多钱
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  you can't find new people fast enough to pay the people off
  你不能足够快找到新人来付清这些钱
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  and then everybody discovers the Ponzi scheme
  然后大家发现这是庞氏骗局
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  and it all unravels.
  一切被揭开
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  And the people at the beginning have made out very well
  开始的人得到很好回报