[StanislavPetrov]

Every central bank does. If you think the ECB is bad, take a look at Japan. Unfortunately the entire "global financial system" is based on this. But don't call it a ponzi scheme or Serious Economists will tell you why it is totally sustainable.

[afiori]

It cannot be a Ponzi scheme; if it can print unbounded amount of money there can be no risk f money running out.