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

Why Healthcare costs are increasing!
July 11, 2017    Emailed to WSJ/NYT/DMN on 7/12/17


The following is an Op-Ed to "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" that explains "Why Healthcare Costs are increasing"!


The "news media" has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can "feather their own nests" and "dramatically feather the nests of their upper-class friends".


Why Healthcare costs are increasing!

July 11, 2017


Healthcare costs are increasing because the U.S. Government is creating an infinite amount of money out of "thin air" to pay for our healthcare! The U.S. Government is operating with fraudulent accounting so that it can stealthily and fraudulently borrow an ever-increasing amount of money from the future Americans to enrich the U.S. upper class and to pay for U.S. Government provided healthcare services!


The U.S. Government is using Cash Accounting rather than the proper GAAP Accounting and as a result is operating a massive Ponzi scheme (USAPonzi) that is borrowing an ever-increasing and unbounded amount of money from the future Americans to give unlimited wealth to the U.S. upper class and to pay an unlimited amount for U.S. Government provided healthcare! When the U.S. Government will pay an unlimited amount for healthcare services, the healthcare service providers will be willing to charge an unlimited amount for healthcare services! A pet alligator will grow to fit the size of the bathtub!


As the history of Ponzi schemes has demonstrated, they are great for the early participants but they are hell for the late participants. USAPonzi has been operating since 1969 and therefore is one of the longest running Ponzi schemes in history and it is clearly "The Biggest Ponzi Scheme on the Planet"! But as they say, the bigger they are the harder they fall! Ponzi schemes implode when the late participants are clearly informed that they are victims of a Ponzi scheme. The future Americans are in for a massive economic and financial shock when the U.S. Government finally admits to the fact that it has been running a Ponzi scheme for 48 years which I have named USAPonzi!


This fraud is enriching the U.S. upper class by fraudulently borrowing an unlimited amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class by undertaxing them!


This fraud has already fraudulently borrowed $106.7 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class! This is a fraud because the future Americans do not have $106.7 Trillion!


This fraud is fraudulently borrowing an unlimited amount of imaginary-counterfeit money from the future Americans so the U.S. Government can appear to pay for an unlimited amount of healthcare services! The U.S. Government is paying for healthcare services with counterfeit money that has been fraudulently borrowed from the future Americans!


This fraud is fraudulently borrowing an unlimited amount of imaginary-counterfeit money from the future Americans and giving it to the current Americans which is causing the stock market to continuously set new record highs. Americans are buying products, services, and stocks with counterfeit money that has been fraudulently borrowed from the future Americans! The U.S. Government is handing out what will become an infinite amount of counterfeit money to the current Americans so they can buy products and services that they cannot otherwise afford! That is why the stock market is continuing to set new record highs! Pumping an ever-increasing $106.7 Trillion of imaginary-counterfeit money into the U.S. and global economy is causing the stock market to go up and up and up.


This fraud is fraudulently borrowing an unlimited amount of imaginary-counterfeit money from the future Americans and giving it to the current Americans which is causing real estate prices to continue to increase! Americans are buying houses with an ever-increasing amount of counterfeit money that is being fraudulently borrowed from the future Americans!


This fraud is fraudulently borrowing an unlimited amount of imaginary-counterfeit money from the future Americans and giving it to the current Americans which is causing the price of oil, gas, and gold to increase. Americans are buying oil, gas, and gold with counterfeit money that is being fraudulently borrowed from the future Americans! When the U.S. Government borrows more counterfeit money every day, the price of oil, gas, and gold tend to increase day by day. These prices do not go up in a straight line but they have been increasing for the last 48 years that this Ponzi scheme has been operating. The U.S. Government is creating counterfeit money, with GAAP basis deficit spending, faster than the economy is producing oil, gas, and gold. This is what is causing inflation (See Inflation-A Byproduct of USAPonzi)!


Healthcare costs will approach infinity if this U.S. Government fiscal and accounting fraud is allowed to continue! The future Americans have an infinite supply of imaginary-counterfeit money so the U.S. Government can continue this fraud for a long time!


Someone in the U.S. Government has to muster up the courage to inform the general public that the U.S. Government is corrupt and is running a Ponzi scheme by not operating with GAAP Accounting!


GAAP Accounting is a mandatory requirement to properly estimate what future benefits the U.S. Government afford. The current Cash Accounting methodology gives the U.S. Government no clue as to what is affordable and what is not! The U.S. Government must "accrue" the money to pay these future benefit promises and GAAP Accounting is the accounting system that must be used to determine how much money needs to be set aside to pay for future benefits!



National Debt  $20.0 Trillion 
Cash Deficit in FY2017  $0.67 Trillion 
GAAP Deficit in FY2017 
$5.54 Trillion 
US Unfunded Future Liabilities  $86.7 Trillion 
US Unfunded Liabilities (GAAP)  $106.7 Trillion 
Imaginary-Counterfeit Money 
$106.7 Trillion 
Total National Assets 

$132.3 Trillion 

Source: www.usdebtclock.org Jul 11, 2017


This U.S. Government 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.


I have published a website www.usaponzi.net that explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans. The www.usaponzi.net website is an introduction to my more detailed website www.usaponzi.com and my books "USAPonzi" (Nov 22, 2015) and "USAPonzi2" (May 1, 2017) which are available on Amazon to better explain this fraud/Ponzi scheme.


This is the biggest ($106.7 Trillion) financial fraud ever perpetrated, I call it "USAPonzi: The Ultimate Government Fraud" and it is "The Biggest Ponzi Scheme on the Planet"!


John W. White

Plano, TX