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

Traveling Free by Cheating 200914
September 14, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 9/16/20.


Americans are “Traveling Free” because the corrupt U.S. Government is cheating!


Americans are “Traveling Free” because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class!


Planet Earth is experiencing what may well be the most dramatic wealth and income inequality in the history of the planet because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class! The U.S. upper class is fraudulently getting filthy rich because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class by undertaxing them!


Planet Earth is experiencing global warming, climate change, wildfires, and hurricanes because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class! The corrupt U.S. Government is in the process of fraudulently borrowing an infinite amount of money from the future Americans and giving it to the U.S. upper class so the current Americans can build and buy an infinite number of environment-polluting physical objects which is causing global warming and climate change!


Planet Earth is experiencing what may be the most serious health crisis (the Coronavirus Pandemic) in the last 100 years because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class!


Planet Earth is facing a looming Hunger Pandemic because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class!


Planet Earth is facing a looming global depression, I call it The Greatest Depression”, because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class!


Planet Earth is facing total destruction because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion from the future Americans and given it to the U.S. upper class


The corrupt and criminal U.S. Government is in the process of fraudulently borrowing an infinite amount of counterfeit money from the future Americans so the current Americans can drive, fly, and sail whenever and wherever they might want to without have to pay for it! So far, the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class so more and more current Americans can “Travel Free”!


The corrupt U.S. Government has created $154.4 Trillion of counterfeit money out of “thin air” by pretending to borrow it from the future Americans and giving it to the U.S. upper class!


The corrupt U.S. Government, by not using proper accrual accounting, is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, so the current Americans can travel without having to pay for it! The corrupt U.S. Government has simply and fraudulently deferred the cost of our travel to the future Americans!


That is the nature of a Ponzi scheme, pretend like the late participants in the scheme will pay for the stuff that the early participants in the scheme are buying!


The current Americans are buying cars with imaginary-counterfeit money. The current Americans are buying boats with imaginary-counterfeit money! The current Americans are buying airplanes with imaginary-counterfeit money! The current Americans are buying oil and gas with imaginary-counterfeit money! The current Americans are buying plane tickets, bus tickets, and Uber rides with imaginary-counterfeit money!


The current Americans, rich and poor, are traveling by car, boat, and airplane with imaginary-counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


That is why we have so many cars on the road! That is why we have so many boats on the water! That is why we have so many airplanes in the air! When the corrupt U.S. Government borrows an infinite amount of imaginary-counterfeit money from the future Americans, the current Americans can build, buy, and operate an infinite number of cars, boats, and airplanes!


The $154.4 Trillion of imaginary-counterfeit money that the corrupt U.S. Government has so far fraudulently borrowed from the future Americans can build and/or buy a whole-hell-of-a-lot of cars, boats, airplanes, oil, and gas!


The corrupt U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, so the current Americans can “Travel Free”!


One of the more serious consequences of this fraud is that we can get coronavirus germs transferred all over the planet almost instantly because as time goes on, more and more Americans can “Travel Free” carrying these coronavirus germs! The corrupt U.S. Government is in the process of fraudulently borrowing an exponentially increasing amount of money from the future Americans so an exponentially increasing number of Americans can “Travel Free”!


This also explains why America has more coronavirus cases and deaths than most other countries.  We have a lot more money ($154.4 Trillion of imaginary-counterfeit money) than most countries so more and more Americans can “Travel Free” to carry coronavirus germs all over America and all over the rest of the planet!


By printing an infinite amount of imaginary-counterfeit money, eventually every American will be able to “Travel Free” all of the time!


Furthermore, many countries have a very limited number of entry and exit points into and out of the country that can be easily locked down, while America has many entry and exit points where coronavirus germs can come into and go out of America! Unless we lock down all of our many entry and exit points with the same rigorous policy, germs will continue to make their way into and out of America!


Furthermore, Americans have an endless supply of imaginary-counterfeit money so an endless number of Americans can “Travel Free” to distribute these germs both locally and globally!


This Ponzi scheme, that I call USAPonzi, is causing four global crises (See Quadrilogy of Global Crises (economy, climate, health, and hunger)) that are setting the stage for The Greatest Depression and if this Ponzi scheme is continued it will Destroy Planet Earth!



US National Debt  $26.8 Trillion 
Cash Deficit in FY2020  $3.13 Trillion 
*GAAP Deficit in FY2020  >$28.3 Trillion 
US Unfunded Future Liabilities  $127.6 Trillion 
US Unfunded Liabilities (GAAP)  $154.4 Trillion 
Imaginary-Counterfeit Money  $154.4 Trillion 
US Total National Assets  $125.7 Trillion 

Source: www.usdebtclock.org September 14, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$28.3 Trillion (>$154.4T-$126.1T = >$28.3T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


This is the biggest ($154.4 Trillionfinancial fraud ever perpetrated, I call it USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX