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

Peloton $32.4 Billion Market Cap by Fraud 201121
November 21, 2020
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 11/21/20


The U.S. Government is corrupt! The
corrupt U.S. Government has committed a $155.7 Trillion fiscal and accounting fraud!


The
corrupt U.S. Government is cheating the U.S. general public by promising them future benefits but is not accruing the money to pay these benefits!


The corrupt U.S. Government is cheating the U.S. general public so the U.S. upper class can buy an infinite number of Pelotons!


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 fraudulently enriching the U.S. upper class by undertaxing them and is fraudulently cheating the U.S. general public by not funding the future benefits promises to the U.S. general public!


The corrupt U.S. Government has printed $155.7 Trillion of counterfeit money and given it to the U.S. upper class to make Peloton's market cap skyrocket!


The corrupt U.S. Government is in the process of printing an infinite amount of counterfeit money and giving it to the U.S. upper class to make the stock market continuously go up


The corrupt U.S. Government has fraudulently borrowed $155.7 Trillion from the future Americans and given it to the U.S upper class so the U.S. upper class can buy very expensive exercise equipment from Peloton without having to pay for it!


The U.S. upper class is buying Peloton equipment, like it is going out of style, with $155.7 Trillion of counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


The corrupt U.S. Government is using “smoke and mirrors” to enrich the U.S. upper class!


The global economy is now operating on $155.7 Trillion of monopoly money that the
corrupt U.S. Government has fraudulently borrowed from the future Americans and given to the U.S. upper class!


Peloton appears to be
very valuable because the U.S. Government is very corrupt!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, that is printing money, I call it imaginary-counterfeit money, by pretending to borrow it from the future Americans and giving it to the U.S. upper class by undertaxing them!


Peloton's value has continued to increase dramatically because its products have become a standard in-home exercise must-have for the fraudulently enriched U.S. upper class during the Coronavirus Pandemic! Ironically, this Coronavirus Pandemic has been created by this same U.S. Government fiscal and accounting fraud (See Causing Coronavirus Pandemic)!


The following chart shows how the Peloton market cap has continued to go up since its IPO market cap of $7.2 Billion on September 26, 2019!


Peloton Market Cap 2019-2020 | PTON

https://ycharts.com/companies/PTON/market_cap


Peloton has a current market cap of $32.4 Billion because the corrupt U.S. Government has printed $155.7 Trillion (US Unfunded Liabilities (GAAP) = $155.7T) of imaginary-counterfeit money! The U.S. upper class has been given $155.7 Trillion of imaginary-counterfeit money because the corrupt U.S. Government has fraudulently deferred $155.7 Trillion of public liabilities to the future Americans!


The corrupt U.S. Government is in the process of fraudulently borrowing an infinite amount of imaginary-counterfeit money from the future Americans so Peloton can sell an infinite amount of exercise equipment, generate an infinite amount of revenue, make an infinite amount of profit, and give Peloton an infinite market cap!


The Market Cap of Peloton will continue to skyrocket until this U.S. Government corruption is properly exposed!


The Market Cap of Peloton will converge rapidly toward ZERO when this U.S. Government corruption is properly exposed!


The following commentaries explain how the corrupt U.S. Government is committing a fiscal and accounting fraud, by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting), that prints an unending and ever-increasing amount of imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, so the U.S. upper class can buy an unending and ever-increasing amount of exercise equipment!


GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class by undertaxing them!


USAPonzi-The Great American Fraud
USAPonzi-The Great American Con Game

Whistleblower Letter #3 to Planet Earth
Whistleblower Letter #6 to Congress


This accounting fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!



National Debt  $27.3 Trillion 
Cash Deficit in FY2021  $3.20 Trillion 
*GAAP Deficit in FY2021  $7.30 Trillion 
US Unfunded Future Liabilities  $128.4 Trillion 
US Unfunded Liabilities (GAAP)  $155.7 Trillion 
Imaginary-Counterfeit Money  $155.7 Trillion 
Total National Assets  $156.9 Trillion 

Source: www.usdebtclock.org November 21, 2020
*
GAAP Deficit-current


You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or by reading my eighth book on USAPonzi USAPonziE which is available on Amazon!


This is the biggest ($155.7 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