David Stockman: The Dynamics Of An Impending Dollar Demise September 29, 2019 6:05 pm by IWB U.S. Treasuries have become a massive Ponzi scheme that investors buy because they are assured of continuous profits… by Jay Taylor via Jay Taylor Media David Stockman illustrates how U.S. Treasuries have become a massive Ponzi scheme that investors buy because they are assured of continuous profits thanks to QE.