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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Real Estate Prices are Skyrocketing 210610
June 10, 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 6/10/21


Real estate prices are skyrocketing all over the developed world because the U.S. Government is corrupt! The corrupt U.S. Government is printing counterfeit money which is causing home prices to skyrocket all over the planet!


So far, the corrupt U.S. Government has printed $149.3 Trillion of counterfeit money!


People are panic buying homes as prices skyrocket around the world
By Hanna Ziady, CNN Business
Updated 5:14 AM ET, Thu May 13, 2021
https://www.cnn.com/2021/05/13/business/global-real-estate-prices/index.html


Real Estate Prices-Globally up 6.7%

https://www.cnn.com/2021/05/13/business/global-real-estate-prices/index.html


Real Estate Prices-England up 8.5%


https://www.cnn.com/2021/05/13/business/global-real-estate-prices/index.html



Real Estate Prices-Austin TX up 24.3%

https://austin.culturemap.com/news/real-estate/03-19-21-austin-median-home-prices-nearly-hit-500000-shatters-record-abor-report/


Real estate prices are skyrocketing
all over the developed world because the corrupt U.S. Government is printing counterfeit money at an ever-increasing rate!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government is “cooking the books” by promising to pay future benefits but is not using Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money pay these future benefits! Because of this fraud, the corrupt U.S. Government has enriched the U.S. upper class by $149.3 Trillion and cheated the U.S. general public out of $120.9 Trillion of future benefits!


This accounting fraud has the effect of fraudulently borrowing counterfeit money from the future Americans so we can buy a lot of houses at ever-increasing prices all over the developed world and charge them to the future Americans!


The following notional chart shows how the corrupt U.S. Government has been fraudulently borrowing money from the future Americans since 1969. As of June 10, 2021, the corrupt U.S. Government has borrowed $149.3 Trillion from the future Americans and given it to the U.S. upper class! The rate at which the U.S. Government is fraudulently borrowing money from the future Americans is increasing exponentially and could reach a quadrillion dollars (a thousand trillion dollars) by 2045 so we can appear to pay higher and higher prices for houses we cannot afford!



 

House prices all over the developed world will approach infinity as long as the corrupt U.S. Government keeps on “cooking the books”!



US National Debt  $28.4 Trillion 
Cash Deficit in FY2021  $3.28 Trillion 
GAAP Deficit in FY2021  $13.03 Trillion 
US Unfunded Future Liabilities  $120.9 Trillion 
US Unfunded Liabilities (GAAP)  $149.3 Trillion 
Imaginary-Counterfeit Money  $149.3 Trillion 
US Total National Assets  $162.6 Trillion 

Source: www.usdebtclock.org June 10, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud/Ponzi scheme and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX