In this secret system, as much as $100 trillion has been stolen from the US government since 1998. Thanks to this theft, the American retirement and social welfare system will soon be completely bankrupt, leaving millions without benefits. Is Bitcoin the answer to protecting what you have now?
Can Bitcoin Circumvent Economic Tyranny?
Finance guru Catherine Austin Fitts and Aleks Svetski, editor of Bitcoin Times magazine, discuss the breakdown of our economy and potential solutions
Svetski believes Bitcoin not only is the answer to economic tyranny, but to individual sovereignty, while Fitts believes central bank control mechanisms are still at play within it
Fitts argues for building a new economy based on health, cooperation, peace and transparency, and recommends investing in things that will keep you alive
Svetski argues that in order to build any of the above, we must start with an incorruptible foundation. The “language of value” (money) cannot be owned or issued by any man-made political authority; it must emerge organically as a transparent, voluntary ‘constitution in code’
A major hurdle is overcoming the globalists’ mind control and propaganda influence. Everyone agreed that this is why people must be educated across multiple dimensions, not just money, but health, individuality, philosophy, ethics, economics and more
Fitts believes a successful transition requires preventing the control grid from coming into place, and clawing back the money that has been stolen. Since 1998, at least $21 trillion, and perhaps as much as $100 trillion, has been stolen from the U.S. government
Today, I’m pleased to bring you two guests — finance guru Catherine Austin Fitts, whom I’ve interviewed before, and Aleks Svetski, editor of The Bitcoin Times magazine and host of “The Wake Up Podcast.” During dinner at an event in Miami, Florida, Svetski helped me understand why Bitcoin not only stands out head and neck above all the other cryptocurrencies, but is in direct opposition to them all.
I’ve strongly believed Bitcoin will be an important tool to get out from under the financial tyranny we’re in, where central banks are essentially robbing everyone blind.
Fitts, president of the Solari Report, disagrees. She knows the financial system inside and out, having spent decades exposing corruption and fraud, both within the banking industry and government, and she believes there are far better ways than investing our hard-earned money in cryptocurrencies, as the globalists have already inserted a number of control mechanisms within the cryptocurrency system.
Regardless of which side of the fence you’re on, you’re bound to learn something from this conversation. If you’ve dismissed Bitcoin as a passing fad, Svetski’s expertise may assuage your concerns. On the other hand, if you’ve been banking on Bitcoin being the answer to the impending financial crash, Fitts may inspire you to rethink how you protect your wealth.
Our Only Choice: Being Controlled or Being Free
If you want to understand what’s happening to our financial system, I encourage you to listen to this three-hour interview. I cannot cover all the details covered in this article, so to get the whole story, please set aside the time to listen to the whole interview, or read through the 95-page transcript.
In summary, Austin Fitts explains how the globalists — “Mr. Global” is her nickname for this secret system of governance — and the central bankers of the world in particular, have since 1998 siphoned out and stolen $21 trillion or more from the U.S. government in a financial coup d’état.1,2
Thanks to this theft by the central bankers, the American retirement (including health care benefits) and social welfare system are not adequately funded, leaving millions of aging Americans with diminished or no Social Security or Medicaid/Medicare benefits.
The primary reason for the theft, however, is to reengineer the U.S. government and political system as a whole. In short, the globalists’ plan is to take over the government by centrally controlling our economy, and then declare everyone who was promised health care and retirement as expendable.
According to Fitts, if we allow this financial coup to continue and consolidate, Bitcoin and the Bitcoin community may help pull that coup off. As explained by Fitts, slavery is the most profitable business in investment history. Digital technology now allows Mr. Global to return to a legalized form of slavery on a global scale. The theft that is underway is ultimately intended to control people.
“Mr. Global wants a culled, reengineered population,” she says. “He is going for the people because that is what has the most value, along with the other living things on the planet — including the planet itself. All value begins and ends with living intelligence and life whether it is expressed in financial and transaction tools or not.
Mr. Global has created scores of mechanisms to persuade people to sell out [other] people using fiat currency — pump and dump, pump and dump. Dealing with it is sufficiently frustrating and has us all trying to create workarounds.”
A Different Kind of ‘Reset’ Is Required
Fitts is convinced that the best, and perhaps only way out, of this situation is to deal with the secret governance system that is impacting and frustrating all of us and take action to ensure that we do not allow an all-digital financial system to go into place. If we believe Bitcoin is the optimal form of digital system, the problem is not Bitcoin: The problem is if it is part of an only-digital system.
Fitts also underscores that currencies cannot work without the underlying economy being in balance. That means we need to invest in the real assets we need to stay alive and free, things like local food production, local businesses or a personal water well.
She stresses that keeping cash is important — that we mustn’t enter into a wholly digital financial system, especially one monopolized by central bank digital currencies (CBDCs) and private crypto, which are in combination designed to strip us of both national and individual sovereignty.3
I believe a successful transition requires both preventing the control grid from coming into place, and clawing back the money that has been illegally taken. A ‘reset’ in which the takers get to keep their winnings is a different world than one in which the equivalent value is returned. ~ Catherine Austin Fitts
While Svetski agrees on some points, he still believes Bitcoin can be part of the answer,4 and that the focus should be on building a new financial system in such a way that it cannot be co-opted by anyone. The question, of course, is how.
As explained by Fitts, addressing taxation5 is perhaps the most important part of the puzzle. We also need to a) prevent vaccine passports and digital ID wallets and related blockchains from being implemented, as they are an integral part of the control system Mr. Global is trying to erect, and b) figure out how to get the money back that was stolen.
“There is $21 trillion missing from the U.S. government — we have no way of knowing what the real number is in terms of cash and credit. It could be smaller or bigger,” she says.
“I believe a successful transition requires both preventing the control grid from coming into place, and clawing back the money that has been illegally taken. A ‘reset’ in which the takers get to keep their winnings is a different world than one in which the equivalent value is returned.”
Can Bitcoin Safeguard Our Freedom?
Part of the globalists’ plan is to gain control of ALL resources, and they’ve made great strides toward that during the last two years. The question is, how do we get out of this situation and reclaim those resources?
As mentioned, while I’ve been convinced that Bitcoin, a decentralized digital currency, was a major part of that answer, Fitts has some very pertinent concerns that we need to digest and fully understand. We also need to understand what money actually is, and what an ideal currency would actually look like and how it would function. All of these issues are reviewed in this discussion.
“In 2017, I did a very long and serious due diligence into Bitcoin,” Fitts says, “and I had two baskets of concerns, one related to whether or not the Bitcoin exchanges in the industry were doing a responsible job of communicating with potential investors.
I'm an investment adviser and there's a world of regulation about how you make sure that an investor has full and fair disclosure. It's the equivalent of informed consent, in financial terms.