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

Coronavirus spread by USAPonzi (US Gov Fraud) 200229
February 29, 2020
Emailed to The 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, and NYT/WSJ/WP/DMN/CNBC on 2/29/20


The density of the population on Planet Earth and the mobility of that population has increased the pace at which contagious diseases can spread across the planet!


Planet Earth has become a giant petri dish of germs that is being stirred with a giant spoon, the $128.4 Trillion U.S. Government fiscal and accounting fraud that I call USAPonzi, which has made the spread of contagious diseases like the coronavirus not only inevitable but almost instantaneous!


This U.S. Government accounting fraud is a classic Ponzi scheme, that is why I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, that is providing the funds for people to travel without paying for it!


The corrupt U.S. Government is in the process of printing an infinite amount of imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, so, in theory, an infinite number of people, can ride in an infinite number of cars, fly on an infinite number of airplanes, and sail on an infinite number of ships carrying an infinite number of the coronavirus germs to all parts of planet earth and no one has to spend an earned penny!


If people had to pay real money (earned income) to pay for their traveling, we would have dramatically fewer people traveling! In fact, many of the people that today are flying and sailing to the far reaches of Planet Earth would never be able to afford these luxuries that are now routinely enjoyed by many because of this U.S. Government accounting fraud!


Americans are living far above their earned income standard of living because the U.S. Government has fraudulently borrowed $128.4 Trillion from the future Americans and given it to the current Americans, primarily the U.S. upper class, by undertaxing them (US Unfunded Liabilities (GAAP) = $128.4 Trillion)!


The U.S. Government is operating its fiscal policy with Cash Accounting rather than proper and Generally Accepted Accounting Principles (GAAP Accounting), and as a result is not properly accruing for future U.S. Government benefits! The U.S. Government is in the process of borrowing an unending and ever-increasing (infinite) amount of money from the future Americans and giving it to the U.S. upper class!


The U.S. Government, by deferring public liabilities (US Unfunded Liabilities (GAAP) = $128.4 Trillion) to the future Americans, has enriched the U.S. upper class by $128.4 Trillion by undertaxing them so they can buy nice cars, buy nice airplanes, build bigger and bigger houses, and travel the globe with this essentially unlimited supply of imaginary-counterfeit money! No real money changes hands and no real money is earned, but the U.S. upper class is living opulently because the corrupt U.S. Government is committing a fiscal and accounting fraud so that it can stealthily undertax the U.S. upper class!


This U.S. Government accounting fraud has inverted the global economic and monetary system; instead of operating the global economy with earned income augmented by some debt, we are operating the global economy with massive debt, currently $128.4 Trillion, augmented by some earned income!


The U.S. Government is printing an infinite amount of imaginary-counterfeit money so people can buy things without earning the money to pay for them and can travel to all parts of the planet with this infinite supply of imaginary-counterfeit money that the U.S. Government is creating, so far $128.4 Trillion, out of “thin air” by fraudulently borrowing it from the future Americans!


This accounting fraud has dramatically compressed the size of the planet and is allowing people that may be carrying the coronavirus to move quickly and extensively to expose more and more people to this virus! Travel, even global travel, is accessible to more and more people since the amount of imaginary-counterfeit money is increasing exponentially!


I have tried 4 times to convince the U.S. Congress that they are committing a fiscal and accounting fraud by not using accrual accounting! The following is a link to my most recent whistleblower letter to Congress!


Whistleblower Letter #4 to the U.S. Congress January 20, 2020



National Debt  $23.4 Trillion 
Cash Deficit in FY2020  $1.06 Trillion 
GAAP Deficit in FY2020  $6.13 Trillion 
US Unfunded Future Liabilities  $105.0 Trillion 
US Unfunded Liabilities (GAAP)  $128.4 Trillion 
Imaginary-Counterfeit Money  $128.4 Trillion 
Total National Assets  $146.3 Trillion 

Source: www.usdebtclock.org February 29, 2020


You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or better yet by reading my seventh book on USAPonzi “USAPonziD which is available on Amazon.


This is the biggest ($128.4 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX