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

Chinese are NOT Grand Champions of Currency Manipulation!
The United States is the undisputed Grand Champion

April 4, 2017   Emailed to WSJ/NYT/DMN on April 5, 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 operating a Ponzi scheme fiscal policy by using fraudulent accounting that is making the United States of American the undisputed "Grand Champion" of currency manipulation.


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".


Chinese are NOT Grand Champions of Currency Manipulation!

The United States is the undisputed Grand Champion!
April 4, 2017


U.S. President Donald Trump addresses a crowd at Boeing's South Carolina facilities on February 17, 2017 in North Charleston, South Carolina.      Reuters Feb 23, 2017


President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices.


President Trump clearly does not realize the implications of the current U.S. Ponzi scheme fiscal policy that I call USAPonzi. He has openly accused the Chinese of being the "grand champions" of currency manipulation. The United States of America has to be the UNDISPUTED GRAND CHAMPION of currency manipulation.


The U.S. Government is creating imaginary-counterfeit money out of "thin air" by deferring public liabilities to the future Americans. The U.S. Government does this by operating with Cash Accounting rather than the proper GAAP Accounting (Generally Accepted Accounting Principles). By deferring $105.7 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans the U.S. Government has given the current Americans $105.7 Trillion of monopoly money. I call this monopoly money "imaginary-counterfeit money" because the U.S. Government imagines that the future Americans will eventually be able to pay these public liabilities but it is counterfeit because the future Americans can never pay these public liabilities. This is what makes a Ponzi scheme a Ponzi scheme. This is currency manipulation on steroids.


When the U.S. Government gives the current Americans $105.7 Trillion of monopoly money that has to win the currency manipulation Grand Championship "hands down". We can buy everything in China, several times over, with the $105.7 Trillion of monopoly money that the U.S. Government has fraudulently borrowed from the future Americans and given to the current Americans.


This currency manipulation is how the U.S. Government is Making Americans Rich without Working; the U.S. Government is fraudulently borrowing an exponentially increasing stream of monopoly money from the future Americans and giving it to the current Americans.


This currency manipulation is why the United States has such a large Trade Deficit; we are buying stuff from other countries with an exponentially increasing stream of monopoly money that the U.S. Government is fraudulently borrowing from the future Americans and giving to the current Americans.


This currency manipulation is why the cost of housing is increasing exponentially.


This currency manipulation is why the stock market is going up exponentially.


This currency manipulation is why the cost of healthcare is going up exponentially.


This currency manipulation is why we are paying our athletes and entertainers millions with their pay increasing exponentially.


This currency manipulation is why we are filling our cities and countrysides with big houses that we cannot afford, our cities with luxury towers we cannot afford, our roads with cars and trucks that we cannot afford, and our skies with airplanes that we cannot afford.


The imaginary-counterfeit money that the U.S. Government borrows from the future Americans has no long term value because the future Americans can never pay any of these trillions of deferred public liabilities. It appears to have value today because it is masquerading as real U.S. money.


The Grand Champion Currency Manipulator is producing an exponentially expanding bubble of imaginary-counterfeit money that currently stands at $105.7 Trillion.


This exponentially expanding bubble of imaginary-counterfeit money, currently $105.7 Trillion, will evaporate when USAPonzi implodes.


Someone needs to have the nerve to tell Donald Trump that he is the President of the Grand Champion Currency Manipulator.



National Debt 
$19.9 Trillion 
Cash Deficit in FY2017 
$0.59 Trillion 
GAAP Deficit in FY2017 
$5.60 Trillion 
US Unfunded Future Liabilities 
$85.8 Trillion 
US Unfunded Liabilities (GAAP) 
$105.7 Trillion 
Imaginary-Counterfeit Money  $105.7 Trillion 
   Total National Assets  $130.3 Trillion 

Source: www.usdebtclock.org April 4, 2017


This U.S. Government fiscal and accounting fraud 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 fraud 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.


This is the biggest ($105.7 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