There shouldn’t be such Ponzi schemes to begin with. They knew that they would be able to do funny stuff with the figures.
Yes, I make my statement with the thought that it is a good way to phase it out.
And it really needs to be phased out.
Sadly, we have a LOT of entitlements that can’t be phased out. The way they go away is for the country to collapse under their weight. The phoenix that rises from the ashes then starts fresh.