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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Shortages-More Money than Stuff 210724
July 24, 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 7/24/21


The U.S. Economy appears to be so strong that we are encountering product shortages!


But the problem is not product shortages, the problem is too much counterfeit money!


I am a whistleblower! The U.S. Government is corrupt!


The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government is cheating the U.S. general public so that it can enrich the U.S. upper class! The corrupt U.S. Government is not accruing for future benefits to the U.S general public so it can undertax and enrich the U.S. upper class!


The U.S. Government is “cooking the books” to borrow an infinite amount of counterfeit money from the future Americans and give it to the U.S. upper class!


We now have more counterfeit money than we have stuff!


We appear to need more houses!


Forbes
The Housing Shortage Is Worse Than Ever—And Will Take A Decade Of Record Construction To Fix, New Reports Say
July 16, 2021


We appear to need more cars!


The New York Times
‘The Market Is Insane’: Cars Are Sold Even Before They Hit the Lot
July 15, 2021


We appear to need more semiconductors!


The Wall Street Journal
Intel CEO Says Chip Shortage Could Stretch Into 2023
July 22, 2021


And now we appear to need more school supplies!


USA TODAY

School supply shortage: Backpacks, shoes could be hard to find, so shop early, experts say
July 23, 2021


These product shortages are easily explained! The corrupt U.S. Government is printing counterfeit money faster than the planet can make stuff!


The corrupt U.S. Government is “cooking the books” by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting) which is causing the corrupt U.S. Government to borrow an infinite amount of money from the future Americans so we can buy an infinite amount of houses, cars, semiconductors, and school supplies and charge them to the future Americans!


Since 1969, when the U.S. Government adopted the Unified Budget, the corrupt U.S. Government has been fraudulently borrowing money from the future Americans and giving it to the U.S. upper class! As of July 24, 2021 the corrupt U.S. Government had printed $153.5 Trillion of counterfeit money so we can buy stuff and charge it to the future Americans!


Americans
have been buying stuff with monopoly money that the corrupt U.S. Government has been printing with GAAP basis deficit spending since 1969! usdebtclock.org estimates that the corrupt U.S. Government is printing $47.4 Billion of monopoly money every day (GAAP Deficit in 2021 = $17.30T/year = $47.4B/day) and giving it to the U.S. upper class by undertaxing them!


No wonder we have product shortages! An infinite amount of counterfeit money can buy a lot of houses, cars, semiconductors, and school supplies!


The corrupt 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 not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The following is a notional chart that shows how, with the current fraudulent fiscal policy, the corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans over the next three decades to fraudulently enrich the U.S. upper class and fraudulently print so much imaginary-counterfeit money that we are encountering product shortages!





Why can’t the financial experts see where we are getting all of the money to keep buying more and more stuff? A few quadrillion dollars of imaginary-counterfeit money will buy a lot of stuff!


The corrupt U.S. Government is simply borrowing more imaginary-counterfeit money, so far $153.5 Trillion, from the future Americans every day and giving it to the U.S. upper class so we can fraudulently buy more stuff!


The Criminals in Washington are causing product shortages by printing an infinite amount of imaginary-counterfeit money!

 

US National Debt  $28.6 Trillion 
Cash Deficit in FY2021  $3.19 Trillion 
GAAP Deficit in FY2021 
$17.30 Trillion 
US Unfunded Future Liabilities  $124.9 Trillion 
US Unfunded Liabilities (GAAP)  $153.5 Trillion 
Imaginary-Counterfeit Money 
$153.5 Trillion 
US Total National Assets 

$174.6 Trillion 

Source: www.usdebtclock.org July 24, 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