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- Sep 2020
Oral Roberts began teaching prosperity theology in 1947. He explained the laws of faith as a "blessing pact" in which God would return donations "seven fold", promising that donors would receive back from unexpected sources the money they donated to him. Roberts offered to return any donation that did not lead to an equivalent unexpected payment.
How does this track with the growth of Ponzi schemes and pyramid schemes in the late 1800's and early 1900's?