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

Printing $106.1 Trillion of Counterfeit Money!
May 11, 2017    Emailed to WSJ/NYT/DMN on May 10, 2017


The following is an Op-Ed to "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" that explains how the U.S. Government is printing counterfeit money to produce extraordinary wealth for the U.S. upper class.


The "news media" has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can "feather their own nests" and "dramatically feather the nests of their upper-class friends".


Printing $106.1 Trillion of Counterfeit Money!

May 11, 2017


The U.S. Government is fraudulently "printing" counterfeit money ($106.1 Trillion) so that it can colossally enrich the U.S. upper class.  This fraud, if it is allowed to continue, will give the U.S. upper class infinite imaginary-counterfeit wealth!


The U.S. Government has printed $106.1 Trillion of imaginary-counterfeit money and given it to the U.S. upper class. The U.S. Government has created $106.1 Trillion of imaginary-counterfeit money out of "thin air" by pretending to borrow it from the future Americans.


Let me say that one more time; the U.S. Government has "printed" $106.1 Trillion of imaginary-counterfeit money. The U.S. Government has given this $106.1 Trillion of imaginary-counterfeit money to the U.S. upper class.


No wonder we have a wealth and income gap!


The U.S. Government prints this counterfeit money by undertaxing the U.S. upper class and deferring $106.1 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans. The U.S. Government has given the U.S. upper class $106.1 Trillion by pretending like the future Americans can eventually pay this $106.1 Trillion of public liabilities. This money does not exist! This money will never exist! This is an illusion created by a corrupt U.S. Government!


The U.S. Government is corrupt! The U.S. Government is committing fiscal and accounting fraud by not using proper accounting! This is a hoax! This is a fraud! The senior officials of the U.S. Government are criminals! The global economy and the global financial system are both operating on imaginary-counterfeit money that the U.S. Government has pulled out of a hat! The U.S. Government is not using Generally Accepted Accounting Principles (GAAP Accounting) and therefore is not taxing the U.S. upper class enough to balance the U.S. Government budget. This is a fraud that is making the U.S. upper class very wealthy while cheating the U.S. Common Man by not funding the benefit promises that the U.S. Government has made to the general public.


The U.S. Government is "printing" imaginary-counterfeit money, $106.1 Trillion to date, by deferring unpayable public liabilities to the future Americans and is giving this imaginary-counterfeit money to the U.S. upper class by undertaxing them.


The U.S. upper class is getting filthy rich with fake money because the U.S. Government is borrowing fake money from the future Americans and giving it to the current Americans.


National Debt  $19.9 Trillion 
Cash Deficit in FY2017  $0.59 Trillion 
GAAP Deficit in FY2017 
$5.58 Trillion 
US Unfunded Future Liabilities  $86.2 Trillion 
US Unfunded Liabilities (GAAP)  $106.1 Trillion 
Imaginary-Counterfeit Money  $106.1 Trillion 
Total National Assets  $131.4 Trillion 

Source: www.usdebtclock.org May 11, 2017


This USAPonzi scheme has produced $106.1 Trillion of imaginary-counterfeit money out of "thin air" by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class by undertaxing the U.S. upper class by $106.1 Trillion on a GAAP Accounting basis. US Unfunded Liabilities (GAAP) = $106.1 Trillion.


This U.S. Government fraud, that I call USAPonzi, can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government.


I have published a website www.usaponzi.net that explains how this USAPonzi scheme works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans. My books "USAPonzi" and "USAPonzi2" are both available on this website in both Kindle and PDF formats.


USAPonzi
is the biggest ($106.1 Trillion) financial fraud ever perpetrated, I call it "USAPonzi: The Ultimate Government Fraud" and it is "The Biggest Ponzi Scheme on the Planet"!


John W. White

Plano, TX