Netflix Miracle by Fraud 190117
January 17, 2019
In this commentary I will explain how Netflix has been able to achieve outstanding financial performance (Netflix Miracle) since it was founded in 1997!
The Netflix Miracle is also explained in my August 30, 2018 commentary FANG Miracle/Debacle since all FANG stocks (Facebook, Apple, Amazon, Netflix, and Google) have astounding growth and performance because of the U.S. Government fiscal and accounting fraud that I call USAPonzi which is printing counterfeit money at the current rate of $16.7 Billion a day!
Netflix announced on January 15, 2019 that it was raising its prices by 13-18%!
Netflix can keep raising its prices because the U.S. Government is printing counterfeit money at an exponentially increasing rate so that we can enjoy Netflix without having to pay for it!
Netflix is one of the most successful internet companies!
Netflix is the world's 10th-largest internet company by revenue. (wikipedia.org)
Netflix stock price at IPO May 24, 2002 was $1.21.
Netflix stock price on Jan 17, 2019 was $351.39.
Netflix Market Cap on Jan 17, 2019 was $153.24B.
How is it possible that a company founded in 1997 can now be worth $153.24B?
There are two reasons why this has happened:
1) Netflix has produced a product that has great interest for the viewing public!
2) The U.S. Government is printing counterfeit money by fraudulently borrowing it from the future Americans and giving it to the current Americans.
This second reason is obviously what has produced this $153.24 Billion valuation!
The U.S. Government has printed $122.1 Trillion of counterfeit money and given it to the current Americans. Many Americans do not have to work for a living because they are living on the counterfeit money that the U.S. Government is producing by fraudulently borrowing it from the future Americans.
Americans are flush with money because the corrupt and criminal U.S. Government is using fraudulent accounting to print $16.7 Billion of counterfeit money every day!
Americans have a lot of time to watch Netflix because many of them do not have to work for a living because the U.S. Government is printing enough counterfeit money to pay their living expenses!
Americans have a lot of money to pay for their Netflix subscriptions because the U.S. Government is printing counterfeit money at the current rate of $16.7 Billion a day!
The 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 and giving it to the current Americans by deferring public liabilities to the future Americans. So far, the U.S. Government has deferred $122.1 Trillion (US Unfunded Liabilities (GAAP)) to the future Americans so the current Americans have the time to watch and the money to pay for their Netflix entertainment!
The U.S. Government is not operating its fiscal policy with proper GAAP Accounting!
The Netflix success is really not that much of a miracle, it is the result of a corrupt and criminal U.S. Government choosing to create counterfeit wealth and prosperity in America by committing fiscal and accounting fraud!
The Netflix Miracle will come to an abrupt end when this U.S. Government accounting fraud is properly exposed! When the U.S. Government starts telling the financial truth, we will not have near as much time or money to watch Netflix!
The Netflix stock price will plummet when the U.S. Government starts telling the financial truth!
I predict that the stock market will fall by 85% or more when this U.S. Government accounting fraud is exposed!
This accounting fraud is not only causing the Netflix Miracle and the FANG Miracle, it is Destroying Planet Earth because we are filling Planet Earth with an unending and ever-increasing number of environment-polluting physical objects that are being bought, built, and operated with this unending and ever-increasing stream of imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!