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

The Imaginary Stock Market!
January 12, 2017


The Stock Market Bubble explained


The stock market is imaginary! The stock market is a hoax! The stock market is imaginary because most of the money in the world is imaginary because the U.S. Government is corrupt. Since 1969, the U.S. Government has been borrowing imaginary-counterfeit money from the future Americans and giving it to the current Americans. The U.S. Government can get by with this fraud because no one wants to accept the fact that the U.S. Government is being run by a bunch of criminals.


The U.S. Government attempts to conceal this fraud and corruption by using a fraudulent accounting system. Simply by using Cash Accounting to assess and report its financial condition, the U.S. Government has fooled the entire planet into thinking that the United States of America is rich and prosperous.


Proper GAAP Accounting (Generally Accepted Accounting Principles) clearly reports that the U.S. Government is making financial commitments that it cannot keep. The U.S. Government has borrowed $104.8 Trillion from the future Americans and given it to the future Americans. Someday soon the planet is going to wake up and realize that the future Americans cannot pay a ballooning tax bill that as of today is $104.8 Trillion. $104.8 Trillion is in fact a whole hell of a lot of money (See How Much Money is 2.5 Trillion Dollars?).


This is plain and simple a $104.8 Trillion Ponzi scheme! This is a $104.8 Trillion fraud!


I would encourage the reader to read "The Theory of Imaginary Money" to better understand how imaginary money is created by the U.S. Government. Simply stated, the U.S. Government is pretending to borrow money from the future Americans that the future Americans cannot pay.


The U.S. Government has borrowed $104.8 Trillion of imaginary-counterfeit money from the future Americans and given it to the current Americans with GAAP basis deficit spending. Americans are buying stuff from all over the planet with this imaginary-counterfeit money. The companies that are selling these products are making lots of imaginary-counterfeit profits because of all of the imaginary-counterfeit revenue they are getting from these imaginary-counterfeit purchases. The investors are then investing their imaginary-counterfeit wealth in the stock of these imaginary-counterfeit companies.


When the foundation of the dominant country on the planet is corrupt, the entire planet is then filled with corruption. We have a corrupt U.S. Government! We have imaginary money! We have imaginary companies! We have an imaginary stock market!


What you are watching on CNBC every day is all a hoax and has been for the last 48 years. Lyndon Baines Johnson was a scoundrel that "pulled the wool over the eyes" of the U.S. Congress and everyone in the United States loved the results of this fraud and corruption so much that we have all been faking it for 48 years in the hopes that the rest of the planet does not realize that we are cheating them by producing imaginary-counterfeit money to buy their goods and services.


The stock market that we watch every day on CNBC is an imaginary stock market. The companies are having most of their products purchased with imaginary money. The companies are collecting imaginary revenue. The companies are making imaginary profits. The stock in these companies is being purchased with imaginary money. And it all started because, in FY1969, the U.S. Government started borrowing imaginary money from the future Americans.


The more imaginary money the U.S. Government borrows from the future Americans, the richer the U.S. upper class becomes. The more imaginary money the U.S. Government borrows from the future Americans the more the stock market goes up. And this is not just for the U.S. stock market but for the global stock market. Americans are using their imaginary money that the U.S. Government has fraudulently borrowed from the future Americans to buy stuff all over the planet.


The U.S. Government is committing fiscal and accounting fraud by "borrowing" imaginary-counterfeit money from the future Americans and giving it to the current Americans. As of today, January 12, 2017, the U.S. Government has borrowed $104.8 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the current Americans with GAAP basis deficit spending.

 

National Debt 
$20.0 Trillion 
Cash Deficit in FY2017  $0.59 Trillion 
GAAP Deficit in FY2017   $5.65 Trillion 
US Unfunded Future Liabilities  $84.8 Trillion 
US Unfunded Liabilities (GAAP)   $104.8 Trillion 
Imaginary-Counterfeit Money  $104.8 Trillion 
Total National Assets  $127.2 Trillion 

  Source: www.usdebtclock.org January 12, 2017


I have just published a new website www.usaponzi.net that I think better explains how this fraud works to create "The Imaginary Stock Market".


This fraud is also explained in CliffsNotes format (USAPonzi CliffsNotes) and is also explained in much more detail on my website www.usaponzi.com and in my book “USAPonzi” which is available on Amazon in Kindle and Paperback formats and on my www.usaponzi.net website in both Kindle and PDF formats.


This is the biggest ($104.8 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and it is “The Biggest Ponzi Scheme on the Planet”!