USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Amazon Stupidity-Amazon Worth Nothing 210730
July 30, 2021
Emailed to United Nations, Fed Chair Jay Powell, Minneapolis Fed President Neel Kashkari, Dallas Fed President Robert Kaplan, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, The U.S. SEC, NYT/WSJ/WP/CNBC/DMN on 7/30/21


In this commentary I will explain why investors are making a stupid mistake by investing in Amazon! In reality, Amazon is worth essentially nothing!


Amazon
appears to be successful and valuable because the U.S. Government is corrupt! Since 1969, the current Americans have been buying stuff from Amazon, and everybody else, with monopoly money that the corrupt U.S. Government has been fraudulently borrowing from the future Americans!


The corrupt U.S. Government is fraudulently borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans so the current Americans can buy an infinite amount of stuff from Amazon and pretend like the future Americans will pay for it someday!


The corrupt U.S. Government has already fraudulently borrowed $154.4 Trillion (US Unfunded Liabilities (GAAP)) of imaginary-counterfeit money from the future Americans so Amazon looked like it was worth $1.68 Trillion on July 30, 2021!


If we were buying stuff from Amazon with real earned income, we would not be able to buy hardly anything from Amazon and Amazon would then appear to be worth almost nothing!


But if the corrupt U.S. Government keeps on fraudulently borrowing imaginary-counterfeit money from the future Americans, the imaginary-counterfeit value of Amazon (today at $1.68T) will continue to go up!


The corrupt U.S. Government has committed a $154.4 Trillion crime by borrowing $154.4 Trillion of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class by undertaxing them and cheating the U.S. general public out of $125.8 Trillion of future benefits by not funding them!


That is the short version of this very stupid and very sad story!


The investors are making a stupid mistake by investing in Amazon! Amazon appears to be wildly successful and valuable because the corrupt U.S. Government is printing an infinite amount of counterfeit money so we can buy an infinite amount of stuff from Amazon!


But this is not only true for Amazon, it is the same story for all stocks, Americans are buying stuff from everybody with monopoly money that the corrupt U.S. Government is pretending to borrow from the future Americans!


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting!


The corrupt U.S. Government is promising and paying benefits to the U.S. general public but is not using proper and Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money to pay future benefits!


The U.S. general public is getting cheated, so far by $125.8 Trillion (US Unfunded Future Liabilities), because the corrupt U.S. Government is not accruing for future benefits and these future benefits for the U.S. general public are now unfunded!


The U.S. upper class is getting enriched, so far by $154.4 Trillion (US Unfunded Liabilities (GAAP)), because the corrupt U.S. Government is not accruing for future benefits and the U.S. upper class has been undertaxed by $154.4 Trillion!


Because of this U.S. Government fiscal and accounting fraud, the U.S. upper class is getting filthy rich and the U.S. general public is getting screwed! Because of this U.S. Government fiscal and accounting fraud, Amazon appears to be wildly successful and valuable when it is essentially worthless!


Because the U.S. Government is not using proper GAAP Accounting, the corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that it is fraudulently borrowing an infinite amount of money from the future Americans, I call it imaginary-counterfeit money, and giving it to the current Americans, so they can fraudulently buy stuff from Amazon!


This is fraud because the corrupt U.S. Government is borrowing money from the future Americans that the future Americans do not have! This is not a small fraud! The corrupt U.S. Government has already fraudulently borrowed $154.4 Trillion of imaginary-counterfeit money (US Unfunded Liabilities (GAAP)) from the future Americans so we can buy stuff and not have to pay for it!


When this fraud is exposed, Amazon will be essentially worthless!


The following chart gives a graphical projection of how the corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans over the next three decades and give it to the U.S. upper class so we could buy a whole-hell-of-a-lot more stuff from Amazon!






The corrupt U.S. Government needs to understand that GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class, which causes extreme wealth and income for the elite, oppresses the unelite, allows Americans to buy stuff with monopoly money, causes Global Warming and the Coronavirus Pandemic, and makes Amazon look wildly successful and valuable!


The corrupt U.S. Government is lying to and cheating the U.S. general public by promising but not funding future benefits so they can enrich the U.S. upper class with trillions of imaginary-counterfeit money so we can buy stuff from Amazon and not have to pay for it!


The corrupt U.S. Government is operating its fiscal policy with Cash Accounting rather than proper GAAP Accounting to make Amazon appear to be quite valuable when it is actually worthless!


Investors are making a huge stupid mistake by investing in Amazon! But investors are making a huge stupid mistake by investing in any stocks because the global financial system is in a bubble of $154.4 Trillion of imaginary-counterfeit money because the corrupt U.S. Government is “cooking the books”!

 

US National Debt  $28.6 Trillion 
Cash Deficit in FY2021  $3.19 Trillion 
GAAP Deficit in FY2021 
$17.12 Trillion 
US Unfunded Future Liabilities  $125.8 Trillion 
US Unfunded Liabilities (GAAP)  $154.4 Trillion 
Imaginary-Counterfeit Money 
$154.4 Trillion 
US Total National Assets 

$175.0 Trillion 

Source: www.usdebtclock.org July 30, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can also be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX