The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"                     USAPonzi                                      by John W. White   Mar 29, 2013

Americans earn $Billions buy $Trillions 191106
November 6, 2019
Emailed to 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/DMN, and Dallas Mayor Eric Johnson on 11/6/19


The U.S. Government is corrupt! The U.S. Government is committing a now $126.6 Trillion crime!


The corrupt and criminal U.S. Government is printing counterfeit money so Americans buy in $Trillions when Americans are earning in $Billions!


The corrupt and criminal U.S. Government is fraudulently borrowing money, so far $126.6 Trillion, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class!


The corrupt and criminal U.S. Government does this by committing a fiscal and accounting fraud, I call it The Great American Fraud! The corrupt and criminal U.S. Government is paying U.S. Government benefits to the U.S. general public and pretending like the future Americans will pay for these benefits!


The corrupt and criminal U.S. Government has converted a country that is earning in $Billions into a country that is buying in $Trillions by using one of the simplest accounting tricks; operating with Cash Accounting when it should be using GAAP Accounting!


The corrupt and criminal U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing money, I call it imaginary-counterfeit money, from the future Americans, money the future Americans do not have,  and giving it to the U.S. upper class!


Every dollar of GAAP basis deficit spending by the corrupt and criminal U.S. Government digitally prints an imaginary-counterfeit dollar and gives it to the U.S. upper class!


The U.S. upper class is getting rich with an infinite stream of imaginary-counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans!


The stock market is going up because Americans are buying an infinite stream of stuff with an infinite stream of imaginary-counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans!


Planet Earth is burning up with Global Warming because Americans are buying and building an infinite stream of environment-polluting physical objects with an infinite stream of imaginary-counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans!


America appears to be wealthy and prosperous because the U.S. Government is corrupt!


Americans are earning $Billions and buying $Trillions because the U.S. Government is corrupt!



National Debt  $22.9 Trillion 
Cash Deficit in FY2020  $1.03 Trillion 
GAAP Deficit in FY2020  $6.13 Trillion 
US Unfunded Future Liabilities  $103.7 Trillion 
US Unfunded Liabilities (GAAP)  $126.6 Trillion 
Imaginary-Counterfeit Money  $126.6 Trillion 
Total National Assets  $147.4 Trillion 

Source: www.usdebtclock.org November 1, 2019


This U.S. Government fiscal and accounting fraud is explained in much more detail on my websites (usaponzi.net and usaponzi.com) and in my fifth book on USAPonzi (USAPonziB) which is available on Amazon. My sixth book on USAPonzi (USAPonziC) will be published very soon!


John W White

Plano, TX