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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Nvidia Insanity Parabolic by US Gov Fraud 211118
November 18, 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 11/18/21


Nvidia has seen its stock price and market cap increase at an insane parabolic rate over the last few years because the corrupt U.S. Government is printing counterfeit money!


The corrupt U.S. Government has borrowed $161.1 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so the current Americans can buy a whole-hell-of-a-lot of chips from Nvidia!


Nvidia gets a dramatic twofold benefit from the corrupt U.S. Government printing an infinite amount of counterfeit money:


-1) many Americans do not have to work for a living.
-2) when Americans do not have to work for a living, they want to play games.


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 entire planet refuses to believe that the U.S. Government would print $161.1 Trillion of counterfeit money and give it to the U.S. upper class!


People should start getting suspicious that something unusual is happening when Nvidia’s stock price increases from $4.00 to $316.75 in just seven years!


People should start getting suspicious that something unusual is happening when Nvidia’s market cap doubles in seven months ($381B (Apr 23, 2021) to $792B (Nov 18, 2021)!


                                                                                                                                                                 


The unusual thing that is happening is that the corrupt U.S. Government is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so the current Americans can fraudulently buy an infinite number of chips from Nvidia with monopoly money!


CNBC TECH
Nvidia approaches $800 billion market cap following strong earnings report
NOV 18, 2021
Samantha Subin


Nvidia shares briefly rose more than 11% Thursday after the company beat earnings and sales expectations for the third quarter.


As of market close, Nvidia’s stock was up more than 144% year to date.


Jim Cramer said it’s slated to be the next trillion-dollar company on CNBC’s “Squawk on the Street”.



Nvidia shares briefly rose more than 11% on Thursday morning after the company beat earnings and sales expectations for the third quarter. The stock closed up more than 8%.


The chip company reported adjusted earnings per share of $1.17 and revenue of $7.1 billion. Analysts expected $1.11 earnings per share and revenue of $6.82 billion.


Earning per share rose 60% year-over-year and revenue was up 50% from a year ago. Nvidia also said it expects $7.4 billion in revenue in the current quarter, beating the $6.86 billion forecasted by analysts.


As of market close, Nvidia’s stock was up more than 144% year to date. On CNBC’s “Squawk on the Street,” Jim Cramer said it’s slated to be the next trillion-dollar company. Its market cap briefly passed $800 billion thanks to the rise in the share price on Thursday.


This is insanity! This is insanity on steroids!


The corrupt U.S. Government is borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class so the current Americans can buy stuff from Nvidia, Apple, Amazon, Microsoft, Netflix, Tesla, Nike, Rivian, etc. etc. with monopoly money!


Wall Street has not yet discovered that the corrupt U.S. Government is printing an infinite amount of counterfeit money so Nvidia, and many other companies, can sell a whole-hell-of-a-lot of stuff!


By printing $161.1 Trillion of counterfeit money and giving it to the U.S. upper class, the corrupt U.S. Government has created a “bird’s nest on the ground” for Nvidia!


When this corruption within the U.S. Government is exposed, Nvidia's stock price and market cap will both converge to ZERO!


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 $161.1 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of stuff  with monopoly money!


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!


This 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 notional 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 $161.1 Trillion and given it to the U.S. upper class!


This 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 so the entire planet can buy a whole-hell-of-a-lot more chips from Nvidia with a Quadrillion dollars of imaginary-counterfeit money!





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!


The fools on Wall Street have been fooled by the criminals in Washington! In the defense of Wall Street, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!

 

US National Debt  $29.0 Trillion 
Cash Deficit in FY2022  $2.80 Trillion 
GAAP Deficit in FY2022 
$15.15 Trillion 
US Unfunded Future Liabilities  $132.1 Trillion 
US Unfunded Liabilities (GAAP)  $161.1 Trillion 
Imaginary-Counterfeit Money 
$161.1 Trillion 
US Total National Assets 

$202.5 Trillion 

Source: www.usdebtclock.org November 18, 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