They Will Turn Your Money Off! Incoming Stablecoins More Dangerous Than CBDCs - Fitts

Introduction and Background00:00:00

Host introduces Catherine Austin Fitts, highlighting her background as an investment banker and former Federal Housing Commissioner, and discusses her transition from government service to exposing financial discrepancies.

The Roots of Corruption and Suppression00:01:52

Fitts explains how she discovered corruption while in government, the subsequent targeting of her firm by the Justice Department, and how her attempts to warn about the mortgage bubble were suppressed through character assassination.

The $21 Trillion Missing from Government Accounts00:09:27

Fitts details how the federal government has ignored financial disclosure laws since 1996, leading to massive 'undocumentable adjustments' that total over $21 trillion when combined across HUD and the DoD.

The Emerging Digital Control Grid00:18:45

Discussion on how the government uses societal distractions to implement top-down control through energy policy and a new 'bubble-blowing' machine involving programmable money and stablecoins.

Stablecoins vs. CBDCs00:23:08

Fitts argues that privately issued stablecoins are more dangerous than central bank digital currencies (CBDCs) because they lack the transparency and public policy obligations required of the Federal Reserve.

Building Personal Resiliency00:26:42

Practical advice on navigating the current financial system, emphasizing the importance of holding hard assets, maintaining cash and analog systems, and building local networks of trust.

The Ongoing Financial Reset00:34:55

Fitts discusses the 'going direct' reset that began in 2019 and outlines the systemic effort by central banks to replace traditional currency with a comprehensive digital control grid.