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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Imaginary-Counterfeit Money-current
October 12, 2021


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is in the process of fraudulently borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans and giving it to the U.S. upper class!


As of October 12, 2021, the corrupt U.S. Government has fraudulently borrowed $157.8 Trillion from the future Americans and given it to the U.S. upper class!


The following is a chart that gives a notional projection as to how public liabilities (US Unfunded Liabilities (GAAP)) and imaginary-counterfeit money will increase over the next three decades!


This chart indicates that our public liabilities and our imaginary-counterfeit money could be as much as a Quadrillion (a thousand Trillion) by 2041!





The corrupt U.S. Government has created an artificial currency, I call it the imaginary-counterfeit dollar, that is masquerading as a real dollar! While a real dollar has a nominal correlation with the value of labor expended, the imaginary-counterfeit dollar has been artificially fabricated by the corrupt U.S. Government and is uncorrelated to labor expended or to the real dollar!


The imaginary-counterfeit dollar is simply the money that the corrupt U.S. Government has fraudulently borrowed from the future Americans with GAAP basis deficit spending and given to the U.S. upper classImaginary-counterfeit money has a one-to-one relationship with the public liabilities assumed by the U.S. Government! I call it imaginary-counterfeit money because it does not exist (imaginary) and has no value (counterfeit).


The corrupt U.S. Government has inverted the global monetary system that is now operating on imaginary-counterfeit money that has been fraudulently borrowed from the future Americans rather than real money that has been earned by performing a valued task or by producing a valued product.


The corrupt U.S. Government has already fraudulently borrowed $157.8 Trillion of imaginary-counterfeit money (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them! The corrupt U.S. Government is fraudulently borrowing $20-50 Billion more imaginary-counterfeit dollars every day from the future Americans with ongoing GAAP basis deficit spending and giving it to the U.S. upper class by undertaxing them (GAAP deficit in FY2021 = $18.04T/365 days = $49.4B/day)!


When the U.S. Government assumes infinite public liabilities, the U.S. upper class gains an infinite amount of imaginary-counterfeit money!


The U.S. upper class has been given $157.8 Trillion of monopoly money but the entire planet has been fooled into thinking this is real money since it is being printed by the U.S. Government!


Americans
, primarily the U.S. upper class, have been buying stuff with monopoly money for the last 53 years!


America
and the U.S. upper class are getting rich with monopoly money because the corrupt U.S. Government is fraudulently borrowing imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class by undertaxing them!


As of October 12, 2021, the corrupt U.S. Government has fraudulently given the U.S. upper class $157.8 Trillion of imaginary-counterfeit money by running a classic Ponzi scheme that I call USAPonzi-The Great American Fraud!


End of commentary