Catherine Austin Fitts reveals how a financial coup is underway, where bankers control fiscal and monetary policy, moving towards an all-digital programmable money system that acts as a control mechanism rather than currency. She shares her journey from Wall Street to government, exposing systemic corruption and the implications for society and individual freedoms.
Catherine Austin Fitts, a former Wall Street investment banker and government official, shares her eye-opening insights into the current state of the economy and the financial system. She reveals a disturbing trend where a financial coup is underway, fundamentally changing how money and power operate in the United States and globally.
Fitts recounts a conversation with the president of the largest pension fund in the country, who warned her that "it's too late" to save the country financially. According to him, the elite have "given up on the country" and plan to move all the money out starting in the fall.
She later understood this as a financial coup d'etat, where bankers have taken control of both fiscal and monetary policy. This coup is being executed by leveraging massive amounts of debt and siphoning money out through unconventional channels. The process is described as a "just do it" method, bypassing traditional checks and balances.
One of the key elements of this financial coup is the transition to an all-digital financial system with programmable money. Fitts explains that programmable money is not a currency in the traditional sense but a control system.
With programmable money, the rules governing transactions can be set by banks or central banks, controlling:
This system effectively enforces a control grid through money itself, which Fitts equates to a form of slavery rather than freedom.
Fitts points out that within Washington, there appears to be no faction truly on the side of the people. Instead, all are working towards implementing this control grid. The critical questions remain:
Fitts shares her personal journey, which began in a neighborhood devastated by narcotics trafficking and mortgage fraud. Observing boarded-up homes and families struggling in cramped conditions, she was driven to understand how money works and why it seemed to fail communities.
Realizing that understanding local money issues required understanding global financial systems, she pursued a career on Wall Street. She worked at Goldman Sachs and other firms, gaining experience across various departments to grasp the full scope of financial markets.
Eventually, she recognized that the system was rigged from Washington, prompting her to move into government roles to understand how the Central Bank and Treasury operate.
Catherine Austin Fitts’ insights reveal a complex and troubling transformation in the financial system, where control is increasingly centralized in the hands of bankers and central authorities. The shift towards programmable digital money represents not just a technological change but a fundamental alteration in freedom and control.
Her journey from a troubled neighborhood to Wall Street and government service underscores the depth of systemic issues and the urgent need for awareness and action.
Understanding these dynamics is crucial for anyone concerned about the future of money, power, and liberty in society.
This conversation is part of the "Little by Little" series with Andy Shechtman, providing deep dives into critical economic and social issues.
