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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Fed gets another Fool-Christopher Waller 210418
April 18, 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 4/20/21


Donald Trump has named another fool or another crook, Christopher Waller, to the Federal Reserve Board and the U.S. Senate has confirmed his nomination!


We will never be able to address the looming economic and financial disaster that we are facing until we have leadership that understands what is happening and is prepared to talk about it and to do something about it! How can so many so-called experts be totally oblivious to the fact that the corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that has us plunging headlong into The Greatest Depression!


Christopher Waller is just one more so-called expert that has no clue what is happening or is just another corrupt U.S. Government official that is ready and willing to enrich the U.S. upper class by cheating the U.S. general public!


We need to line up Christopher Waller with all of the senior officials in the U.S. Government and ask them one simple and telling question:


Are you a fool or a crook?


You are a fool if you do not know that the corrupt U.S. Government is committing a $162.6 Trillion fiscal and accounting fraud!


You are a crook if you do know that the corrupt U.S. Government is committing a $162.6 Trillion fiscal and accounting fraud!


You cannot choose to be sort of a fool and sort of a crook!


Bloomberg Economics
Fed’s Waller Says U.S. Economy ‘Ready to Rip’ With Strong Growth
By Steve Matthews and Catarina Saraiva
April 16, 2021, 10:40 AM CDT 



The U.S. central bank should continue to maintain monetary stimulus even as the U.S. economy is starting to experience rapid growth, said Federal Reserve Governor Christopher Waller.


“Just because the growth rates are really good and everything’s looking like we’re heading out in the right direction, we’re still trying to make up a lot of ground,” the most recent addition to the Fed’s board told CNBC in an interview on Friday. “We’ve got a long way to go. There’s no reason to be pulling the plug on our support until we’re really through this.”


Waller, the former research director of the St. Louis Federal Reserve, was sworn onto the board in December after the U.S. Senate confirmed his nomination by former President Donald Trump.


Fed Governor Christopher Waller says the economy is “ready to rip” when the economy is plunging headlong into a massive global depression that I call The Greatest Depression!


Urgent message to Fed Governor Christopher Waller:


The reason the U.S. economy appears to be “ready to rip” is because the rate at which the corrupt U.S. Government is fraudulently borrowing imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class is increasing exponentially and is expected to be about $40 Billion a day in FY2021!


How can the economy be “ready to rip” when the U.S. Government has an income of $3.48 Trillion and a Cash Deficit of $3.25 Trillion?


How can the economy be “ready to rip” when the U.S. Government has an income of $3.48 Trillion and a GAAP Deficit of $14.53 Trillion?


How can the economy be “ready to rip” when the U.S. Government has an income of $3.48 Trillion and US National Debt of $28.2 Trillion?


How can the economy be “ready to rip” when the U.S. Government has an income of $3.48 Trillion and US Unfunded Liabilities (GAAP) of $162.6 Trillion?


How can the economy be fairly “ready to rip” when the U.S. Government has promised future benefits to the U.S. general public of $134.4 Trillion and does not have a penny to its name?


How can the economy be fairly “ready to rip” when the U.S. Government is “cooking the books” to enrich the U.S. upper class by cheating the U.S. General public!


How can the economy be fairly “ready to rip” when the U.S. Government is “cooking the books” by not using accrual accounting to fund the future benefit promises to the U.S. general public!


How can the economy be fairly “ready to rip” when the U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them?


How can the economy be fairly “ready to rip” when the U.S. Government is giving the U.S. upper class infinite wealth and the U.S. general public cannot put food on the table for their families!


How can the economy be fairly “ready to rip” when the U.S. Government is burning up Planet Earth with Global Warming?


How can the economy be fairly “ready to rip” when the U.S. Government has caused a Global Pandemic?


How can the economy be fairly “ready to rip” when the U.S. Government is giving the U.S. upper class $40 Billion every day by undertaxing them!


The so-called experts are fooled because the stock market keeps going up because the corrupt U.S. Government is running a Ponzi scheme that is in the process of borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class!


The so-called experts need to recognize that the economy is not just about making the U.S. upper class rich!


Fed Governor Christopher Waller is totally out of touch with reality and is ready to get in line with the rest of the crooks in Washington!


Fed Governor Christopher Waller apparently is just another corrupt U.S. Government official that is prepared to enrich the U.S. upper class by screwing the U.S. general public and then shout that the economy is “ready to rip”!


On what planet does Fed Governor Christopher Waller live?


US National Debt  $28.2 Trillion 
US Federal Tax Revenue  $3.48 Trillion 
Cash Deficit in FY2021  $3.25 Trillion 
GAAP Deficit in FY2021 
$14.53 Trillion 
US Unfunded Future Liabilities  $134.4 Trillion 
US Unfunded Liabilities (GAAP)  $162.6 Trillion 
Imaginary-Counterfeit Money 
$162.6 Trillion 
US Total National Assets 

$161.4 Trillion 

Source: www.usdebtclock.org April 18, 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