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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Federal Reserve Fooled by U.S. Gov Fraud 210716
July 16, 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 7/16/21


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


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government is “cooking the books” to give infinite counterfeit wealth to the U.S. upper class!


The corrupt U.S. Government has
fraudulently borrowed $151.0 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class by undertaxing them!


The Federal Reserve Bank has been fooled by this U.S. Government fiscal and accounting fraud!


The U.S. Government is being run by criminals and fools!


The Federal Reserve Bank is being run by fools and criminals!


We are truly in a sad state of affairs when the Federal Reserve Bank does not realize that the U.S. Government has stolen $151.0 Trillion from the future Americans and given it to the U.S. upper class and the U.S. Government does not realize that they have committed this $151.0 Trillion crime!


The Federal Reserve report to the U.S. Congress on July 14, 2021 had two sets of fools telling each other how great a job they each are doing to create a strong U.S. economy when both the U.S. economy and the global economy are on the verge of The Greatest Depression because of this U.S. Government fiscal and accounting fraud!


Fed Chairman Jay Powell reported to the U.S. Congress that the U.S. Economy is strong! Nothing could be further from the truth! The U.S. Economy appears to be strong because the U.S. Government is printing an infinite stream of counterfeit money and giving it to the U.S. upper class!


Fed Chair Powell and his associates on the Federal Reserve System Board of Governors have been fooled by the U.S. Government fiscal and accounting fraud that I call USAPonzi!


It is quite disturbing to me that the Federal Reserve Bank has lost track of $151.0 Trillion!


The corrupt U.S. Government has borrowed $151.0 Trillion from the future Americans and given it to the U.S. upper class and the Federal Reserve Bank has no clue where this $151.0 Trillion came from!


The U.S. Government is pretending like the future Americans will someday be able to find an infinite pot of gold at the end of the rainbow to pay our public liabilities (US Unfunded Liabilities (GAAP)) that currently total $151.0 Trillion!


We have fools in the U.S. Government that are committing this fraud and apparently, they do not know it and now we have fools in the Federal Reserve Bank that cannot recognize this $151.0 Trillion fraud!


What Fed Chair Powell failed to mention in his report to Congress is that the corrupt U.S. Government is fraudulently borrowing an infinite stream of counterfeit money, so far $151.0 Trillion, from the future Americans and giving it to the U.S. upper class to fraudulently stimulate the U.S. economy!


Americans are buying everything under the sun with this infinite stream of counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans and neither the U.S. Government or the Federal Reserve Bank realize that this is happening!


This accounting fraud is causing dramatic economic inequality in America! Many
Americans are barely surviving, some Americans are living well, and the U.S. upper class is living opulently because the corrupt U.S. Government is printing an infinite stream of counterfeit money and giving it to the U.S. upper class! This accounting fraud is enriching the rich and cheating the unrich and no one in the U.S. Government or in the Federal Reserve is willing to admit to this fraud!


I am convinced that a lot of people in high places are aware of this devastating fraud but no one wants to be the one that exposes it!


The corrupt U.S. Government is printing an infinite stream of counterfeit money so the current Americans can buy stuff and charge it to the future Americans!


This is why Amazon, Microsoft, and Nike are selling so much stuff! This is why China is selling so much stuff! This is why oil producing countries are getting rich! This is why we have so many cars on the road! This is why we are flying on so many airplanes! This is why we are going on so many cruises! This is why we are building so many houses, condos, and apartments! This is why we are living so close together that we created the Coronavirus Pandemic!


We are buying stuff with counterfeit money that the corrupt U.S. Government is pretending to borrow from the future Americans!


We are filling up Planet Earth with T-shirts, tennis shoes, smartphones, computers, cement, cars, airplanes, cruise ships, houses, condos, apartments, airports, cities etc. etc. that are being purchased with the infinite stream of counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, that is in the process of printing an infinite stream of counterfeit money, I call it imaginary-counterfeit money, that is not only fraudulently stimulating the U.S. economy, it is enriching the U.S. upper class, cheating the U.S. general public, and destroying Planet Earth by causing Global Warming!


The approximate value of an imaginary-counterfeit dollar is $1/(US Unfunded Liabilities (GAAP) $151.0T) but the future Americans have a whole lot more imaginary-counterfeit dollars so the corrupt U.S. Government can just keep on printing more imaginary-counterfeit money forever!


The following is a notional chart that shows how the corrupt U.S. Government has been fraudulently borrowing imaginary-counterfeit money from the future Americans since FY1969 when the U.S. Government adopted the fraudulent Unified Budget! The corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) over the next three decades to fraudulently enrich the U.S. upper class, to fraudulently stimulate the U.S. and global economy, and to incinerate Planet Earth!





The U.S. Government and the Federal Reserve Bank have got to stop fooling themselves, each other, and Planet Earth and start telling the truth!

 

US National Debt  $28.5 Trillion 
Cash Deficit in FY2021  $3.30 Trillion 
GAAP Deficit in FY2021 
$14.3 Trillion 
US Unfunded Future Liabilities  $122.5 Trillion 
US Unfunded Liabilities (GAAP)  $151.0 Trillion 
Imaginary-Counterfeit Money 
$151.0 Trillion 
US Total National Assets 

$174.1 Trillion 

Source: www.usdebtclock.org July 16, 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