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

JPMorgan's Dimon fooled by US Gov Fraud 210407
April 7, 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 4/7/21


The celebrated CEO of JPMorgan, Jamie Dimon, has been fooled by the corrupt U.S. Government! We are in deep, deep trouble when supposedly the smartest financial guru on the planet cannot see that the corrupt U.S. Government is “cooking the books” to print $162.4 Trillion of counterfeit money and give it to the U.S. upper class!


CNBC Finance
Jamie Dimon says economic boom fueled by deficit spending, vaccines could ‘easily run into 2023’
PUBLISHED WED, APR 7 20216:21 AM EDTUPDATED WED, APR 7 202112:36 PM EDT


The supposedly smartest financial guru on the planet thinks the corrupt U.S. Government can continue “cooking the books” for at least two more years!


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 not using proper accrual accounting to pay for future benefit promises to the U.S. general public! The corrupt U.S. Government has fraudulently borrowed $162.4 Trillion from the future Americans and given it to the U.S. upper class by undertaxing them!


Why is the supposedly smartest financial guru on the planet ignoring this $162.4 Trillion crime?


The corrupt U.S. Government is promising future benefits to the U.S. general public but is not taxing the U.S. upper class to pay for these future benefits!


By not accruing for the future benefits to the U.S. general public, the corrupt U.S. Government has fraudulently given the U.S. upper class $162.4 Trillion (US Unfunded Liabilities (GAAP)) by undertaxing them!


By not accruing for the future benefits to the U.S. general public, the corrupt U.S. Government has cheated the U.S. general public out of $134.3 Trillion of future benefits (US Unfunded Future Liabilities) by underfunding them!


Jamie Dimon is a fool that has his head in the sand so that he can ignore this $162.4 Trillion gift that the corrupt U.S. Government has fraudulently given to Jamie Dimon and his U.S. upper class friends!


The U.S. economy appears to be booming when the corrupt U.S. Government is printing an infinite supply of counterfeit money, by fraudulently borrowing it from the future Americans, and giving it to the U.S. upper class by undertaxing them!


The U.S. upper class is doing great but the U.S. general public is getting screwed because the corrupt U.S. Government is “cooking the books”


The corrupt U.S. Government likes the U.S. upper class (they have gained $162.4 Trillion) a whole lot more than it likes the U.S. general public (they have lost $134.3 Trillion) to create a $296.7 Trillion social injustice gap between the elite and the unelite!


The U.S. general public is going to be really, really mad when they find out how the corrupt U.S. Government has been lying to and cheating them for the last 52 years! The corrupt U.S. Government is promising future benefits to the U.S. general public that it has no intention to pay because it is not accruing for these future benefits!


The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of fraudulently borrowing an infinite supply of counterfeit money, I call it imaginary-counterfeit money, from the future Americans with GAAP basis deficit spending and giving it to the U.S. upper class by undertaxing them!


Jamie Dimon needs some help getting his head out of the sand!


The corrupt U.S. Government needs to start “telling the financial truth” and stop “cooking the books”!


The following chart shows how the corrupt U.S. Government could print a quadrillion dollars (a thousand trillion) of imaginary-counterfeit money by 2040 if this accounting fraud is allowed to continue! The future Americans have a whole lot of imaginary-counterfeit money!




The U.S. upper class is getting filthy rich because the corrupt U.S. Government is fraudulently borrowing imaginary-counterfeit money, so far $162.4 Trillion, from the future Americans and giving it to the U.S. upper class by undertaxing them!


If $162.4 Trillion does not yet qualify as filthy rich, then I think a quadrillion dollars should just about do it!


Jamie Dimon really likes this accounting fraud and wants it to continue for a couple of more years!



National Debt  $28.1 Trillion 
Cash Deficit in FY2021  $3.24 Trillion 
GAAP Deficit in FY2021  $15.00 Trillion 
US Unfunded Future Liabilities  $134.3 Trillion 
US Unfunded Liabilities (GAAP)  $162.4 Trillion 
Imaginary-Counterfeit Money  $162.4 Trillion 
Total National Assets  $161.1 Trillion 

Source: www.usdebtclock.org April 7, 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