Amazon-Apple-other Infinite Market Caps 201014
October 14, 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 10/14/20
I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is printing counterfeit money! The corrupt U.S. Government has already printed $155.0 Trillion of counterfeit money and is printing more every day!
The corrupt U.S. Government has inverted the global financial system! The global economy is operating with what I call imaginary-counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!
The U.S. Government has been committing a fiscal and accounting fraud for the last 51 years that has produced a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of imaginary-counterfeit money and giving it to the U.S. upper class!
Because of this Ponzi scheme; Amazon, Apple, Google, Facebook, Netflix, Tesla, Zoom, Nike, and other popular companies are seeing their market caps converge to INFINITY!
When USAPonzi implodes, the market caps of these companies will plummet with many of them converging to ZERO!
The corrupt U.S. Government is in the process of printing an infinite amount of imaginary-counterfeit money so if Americans really like something, they can buy an infinite amount of it. The corrupt U.S. Government is in the process of borrowing an infinite amount of imaginary-counterfeit money from the future Americans so the current Americans can buy an infinite amount of the things they really like!
An infinite amount of imaginary-counterfeit money allows these popular companies to sell an infinite amount of products and services, get an infinite amount of revenue, get an infinite amount of profit, and get an infinite market cap!
The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not using proper GAAP Accounting, that is 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, so the U.S. upper class can buy an infinite amount of stuff they really like!
(See USAPonzi-The Great American Fraud)
So far, the corrupt U.S. Government has fraudulently borrowed $155.0 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class!
When the U.S. upper class spends this infinite supply of imaginary-counterfeit money, the U.S. general public and the rest of the planet get an infinite amount of second-hand imaginary-counterfeit money so they too can buy an infinite amount of stuff from these popular companies!
If the U.S. Government was operating its fiscal policy with proper GAAP Accounting and a balanced GAAP basis budget, we would stop buying stuff we cannot pay for, stop Social Injustice, stop Global Warming, and stop the Coronavirus Pandemic!
Unfortunately, we are so far down the road with this fraudulent accounting that we may not be able to save the planet!
USAPonzi will cause a Hunger Pandemic and The Greatest Depression and those that survive these global crises will have to realize that they must earn real money, or have a way to honestly pay it in the future, before they spend it in order to establish an equitable and sustainable global economy!
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!
My Quintet of Global Crises commentary explains on a macro basis how this U.S. Government accounting fraud/Ponzi scheme is causing major global crises!
|Cash Deficit in FY2021
|*GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org October 14, 2020
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 also be downloaded from my www.usaponzi.net website!
This is the biggest ($155.0 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White