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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Inflation Rate Escalating by US Gov Fraud 211115
November 15, 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 11/15/21


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books” (See
USAPonzi-The Great American Fraud)!


We live on a Planet of Fools! The corrupt U.S. Government is committing an egregious crime against the U.S. general public, and in fact against the entire planet, and either the fools really cannot see the crime or they are unwilling to admit to this now $159.4 Trillion crime that is destroying planet earth!


The corrupt U.S. Government is promising to pay future benefits to the U.S. general public but is not using proper accrual accounting to accrue the money to pay these benefits! This will create a devastating situation for the Americans that are counting on these future benefits!


The corrupt U.S. Government has cheated the U.S. general public out of $130.4 Trillion (US Unfunded Future Liabilities) of promised future benefits!


The corrupt U.S. Government has fraudulently enriched the U.S. upper class by $159.4 Trillion (US Unfunded Liabilities (GAAP)) by undertaxing them!


The U.S. Government has fraudulently borrowed $159.4 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


When the corrupt U.S. Government prints imaginary-counterfeit money, this creates inflation!


The reason the U.S. upper class appears to be so rich is because they have been undertaxed by $159.4 Trillion!


The following analysis demonstrates how the corrupt U.S. Government has over the last few years dramatically increased its rate of GAAP Basis Deficit Spending which is causing the rate of inflation to escalate!


The following chart shows the estimate by usdebtclock.org of how the fraudulent borrowings from the future Americans have been increasing over the last 7 years! These are estimates made at the end of the each fiscal year on September 30! These are estimates by usdebtclock.org because the corrupt U.S. Government is not operating its fiscal policy with GAAP Accounting and does not report its financial status according to proper and Generally Accepted Accounting Principles (GAAP Accounting)!

 

Imaginary- 
Counterfeit Money 
National  US Unfunded  US Unfunded  GAAP 
Date   Debt  Future Liabilities  Liabilities (GAAP)  Deficit  
Oct 2015  $18.4T  $79.3T  $97.7T 
Oct 2016  $19.5T  $84.1T  $103.6T  $5.9T 
Oct 2017  $20.2T  $87.4T  $107.6T  $4.0T 
Oct 2018  $21.5T  $93.4T  $114.9T  $7.3T 
Oct 2019  $22.6T  $103.4T  $126.0T  $11.1T 
Oct 2020  $26.8T  $112.7T  $139.5T  $13.5T 
Oct 2021  $28.8T  $128.7T  $157.5T   $18.0T 


The corrupt U.S. Government has been fraudulently borrowing imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class for the last 53 years by undertaxing them! This accounting fraud has been causing inflation at an exponentially increasing rate since 1969 but as this table shows the GAAP Deficit has dramatically accelerated over the last 3-4 years!


The global money supply has been fraudulently expanded by $42.6 Trillion just over the last 3 years! We will have to wait and see how the Biden agenda affects this recent trend! Inflation is going up more rapidly because the corrupt U.S. Government has just printed $42.6 Trillion of imaginary-counterfeit money and given it to the U.S. upper class!


I am a
whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $159.4 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them to create hundreds of counterfeit billionaires and millions of counterfeit millionaires!


The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result 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, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government has created a new but artificial currency that I call the imaginary-counterfeit dollar! The imaginary-counterfeit dollar, as the name implies, is imaginary (it does not exist) and counterfeit (it has no value), but it is masquerading as a real dollar! The entire planet is now operating on the imaginary-counterfeit dollar and the corrupt U.S. Government is printing more imaginary-counterfeit dollars every day by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class with GAAP basis deficit spending!


Just as an example, the corrupt U.S. Government is filling up Planet Earth with an infinite number of cars that are being purchased with the infinite number of imaginary-counterfeit dollars that the corrupt U.S. Government is fraudulently borrowing from the future Americans and giving to the U.S. upper class by undertaxing them!


This is why the U.S. Government accounting fraud that I call USAPonzi is causing Global Warming!


Americans
are fraudulently buying an infinite amount of stuff with the infinite amount of monopoly money that the corrupt U.S. Government is pretending to borrow from the future Americans!


This U.S. Government accounting fraud was started in 1969 when a scoundrel, Lyndon Baines Johnson, proposed and the corrupt U.S. Congress approved the Unified Budget but did not switch from Cash Accounting to GAAP Accounting that would properly accrue the money to pay future U.S. Government benefits to the U.S. general public!


The following chart shows how the corrupt U.S. Government started fraudulently borrowing imaginary-counterfeit money from the future Americans in 1969 and, so far, has fraudulently borrowed $159.4 Trillion and given it to the U.S. upper class!


This notional chart also gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class!


This chart shows how this fraud will create infinite inflation if this corruption is allowed to continue!





My 17th Whistleblower Letter to my congressman Van Taylor explains in more detail how this corrupt U.S. Government accounting fraud that I call USAPonzi is enriching America, cheating the rest of the planet, enriching the U.S. upper class, cheating the U.S. general public, causing global warming, causing the coronavirus pandemic, causing a hunger pandemic, setting the stage for The Greatest Depression, and destroying planet earth!


My commentary PEMMA-Planet Earth Man-Made Apocalypse 211101 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of this corruption within the U.S. Government!


This imaginary-counterfeit money will evaporate when this U.S. Government fiscal and accounting fraud is properly exposed and essentially nobody with have any money marking the start of The Greatest Depression!


The corrupt U.S. Government must start operating its fiscal policy with GAAP Accounting and commit to a balanced GAAP basis budget to eliminate this U.S. Government corruption and create a level playing field for the entire planet!

 

US National Debt  $29.0 Trillion 
Cash Deficit in FY2022  $2.80 Trillion 
GAAP Deficit in FY2022 
$17.01 Trillion 
US Unfunded Future Liabilities  $130.4 Trillion 
US Unfunded Liabilities (GAAP)  $159.4 Trillion 
Imaginary-Counterfeit Money 
$159.4 Trillion 
US Total National Assets 

$202.1 Trillion 

Source: www.usdebtclock.org November 15, 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 be downloaded from my websites in pdf format.


John W. White

Plano, TX