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“The Art of Peace begins with you.” ~ Morihei Ueshiba (founder of aikido)

By Catherine Austin Fitts

This coming week, we complete the publication of our 2020 Annual Wrap Up with the theme: The Going Direct Reset with John Titus.

As a reminder, the Going Direct Reset was approved at the G7 central bankers’ meeting in Jackson Hole on August 22, 2019. It is sometimes confused with The Great Reset promoted by the World Economic Forum, which, as we will see, is not where the real power lines can be found.

The Going Direct Reset is about the re-engineering of our financial system. The U.S. dollar reserve currency system is aging, and plans are underway for a new global financial system aimed at increasing centralized global control through the use of digital technology and telecommunications and the end of liquid currencies as we know them. Our recent publication The State of Our Currencies is recommended background for this presentation.

In our discussion, John summarizes what the Going Direct Reset is, outlining the timeline and Federal Reserve actions that unfolded after the plan was approved. As John has said about the Fed’s Quantitative Easing interventions and the takedown of the economy since the announcement of the Going Direct Reset, “This is a very engineered event.” John’s full written presentation will be published at the web presentation, with a wealth of charts and graphs, descriptions, and a full chronology. We have also added an update from Rob Kirby on the derivatives market during this period.

This is an outstanding presentation from John Titus about the forces that are rocking our world. You do not want to miss it.

Food for the Soul culture scout Nina Heyn has prepared a collection of movies about living through economic change as well as a beautiful review of paintings focused on Jesus throwing the moneychangers out of the Temple.

In Let’s Go to the Movies, I suggest watching the documentary The Spider’s Web: Britain’s Second Empire, which details the transformation of the UK from a colonial superpower to a global financial superpower through the combination of the City of London and the extensive offshore haven system.

It is the last week of the month, so no Money & Markets. E-mail your questions for Ask Catherine or post at the Money & Markets commentary for the first week in February here.

Please join us this Thursday, January 28th, for the 2020 Annual Wrap Up: The Going Direct Reset. This presentation of our Wrap Up theme offers invaluable insights for those who wish to maintain their sovereignty as human beings, and their freedom.

Talk to you Thursday!

Related Reading:

The State of Our Currencies

Best Evidence: John Titus’ YouTube channel

Blackrock & Blackrock Investment Institute:

Dealing with the next downturn:
From unconventional monetary policy to unprecedented policy coordination

Larry Fink’s 2019 Letter to CEOs: Profit & Purpose

2020 Midyear Outlook The Future is Running at Us

Blackrock Investment Institute Davos Brief

Blackrock Investment Institute Davos Brief PDF

69 Comments

  1. I am not quite done watching all of your talk with John Titus because I keep stopping to read The State of our Currencies and watch more of his videos. (Thanks for the hard copy, we got it). Though I had read much of The State of Our Currencies as a PDF it just lands differently in my brain, having the hard copy to read. You and John are doing a masterful breakdown of what The Great Reset has in store for us if we don’t start making some changes at the local level. I thought you would be most interested in what Dr. Lee Merritt has to say about the medical technocracy and authoritarianism of the medical field. She would make a great guest. Her latest speech is at her website. No one bothers to put stuff on YouTube anymore that has any truth to share. https://drleemerritt.com Susan

    1. Dear Michael
      Thank you for putting me on to Dr Merritt and for the link to her excellent video.
      I made two great screenshots from the end of her presentation, one being her quote from Dietrich Bonhiffer, ‘Not to speak is to speak. Not to act is to act.’, the other being a cartoon of people crawling.
      Dr Merrit mentions an article ’10 Reasons Why the Mafia is Better than the State’. I found the article. Here are the 10 points, and I hope you enjoy them:

      “The usual argument against a society without the state (anarchy) is that we would first sink into total chaos (another meaning of anarchy, yet not the right one) and then organized crime would take over.
      Let’s assume that this is true – which it probably is not – but let’s just look at it for the sake of argument, and we find out quickly that we would still be better off with the Mafia than the current ‘state’ of affairs.
      10. The Mafia has a sense of honor – when they say they do something then they do it. That is not the case with people running the state. (Ed. comment: this is self-evident if you look from which ‘professional’ group the members are generally recruited.)
      9. The Mafia’s code of conduct is simple and clear. There is no legal double-talk and not millions of rules and regulations.
      8. When two families of the Mafia go to war they do not create millions of fatalities as collateral damages. For the Mafia that would be just bad for business.
      7. Instead of conducting a war on drugs the Mafia is happy to provide quality products to those people who desire them.
      6. When you buy protection from the government, you get protection. The Mafia limits violent crimes in the area they protect instead of just giving you a phone number to dial when you become a victim of violence.
      5. The protection of the Mafia is much less expensive at 10 to 15% of your profits versus at least 40 to 50% for the current legal syndicate.
      4. Unlike the government the Mafia actually wants your business to succeed. They know that ruining your business makes you unable to pay for their protection. They also don’t impose a huge overhead of paperwork and force you to fill out reams of self-incriminating confessions (tax forms.)
      3. The Mafia will not keep you from having guns to protect yourself. The Mafia will gladly sell you the means to protect yourself.
      2. Different than the state the Mafia will not regulate what you do in your bedroom. Instead they will offer for sale all the things you might need to increase your enjoyment.
      1. Members of the Mafia have style, dress much better and are a lot easier on the eye than government bureaucrats.
      The added advantage of having the Mafia being in charge is that the ‘protected’ do not believe that the organized crime lords have a god-given right to rule us (as most people believe the government has.) This will make it much easier for competition which will then drive down prices – something that will always happen in a free society.”

      1. I did enjoy the points about the mafia. True story of a deceased friend, a Jew by birth, who grew up around the Mafia. He was a large young man at 16 and the Mafia father in the area thought he was Italian and recognized his strong intellectual abilities so put him to work as his accountant keeping track of bets and all the business of the family. At 22 he was in a severe motorcycle accident and had a NDE and met with Jesus. He wanted a different lifestyle than the sports car, rich real estate tycoon life he was living so he went to the Mafia Father, a good Catholic and explained his situation. The Father said, “Nobody leaves The Family alive and you know too much, but tell you what I’ll do. You always wanted to be a doctor, right? So, I will send Benny with you to Itally to medical school as your bodyguard and if I can see you will not ever speak of The Family business I will bless you to go on with your life as a doctor and not be part of The Family.” And that is exactly what happened. There is honor among thieves and more importantly, a heart. Not that I think their lifestyle is great, but I do believe Mr. Global’s is WAY worse. (Susan, Michael is my husband).

        1. My experience growing up around the Italian Mafia in Philadelphia is that they were honorable. One of the things I love about Wall Street back in my day. Your word was your bond. Not longer – one of the reasons that so much printing has to happen.

  2. Wow. Thanks for that comment about the Crucifixion. The events over the past year have confirmed exactly that in my mind.
    I’ll pass on the comment about Klaus Schwab and the Reset, because I think the old saying about “give me a child from the age of seven ….. ”
    Again, thanks

  3. Mesmerizing encapsulation addressing “what they’re up to”.
    The crafty central bankers spiders web continuously weaving around us
    is caught in slow motion. Observe the evidence frame by frame-
    it’s aim to encapsulate us all. Of course those of us here –
    we are not surprised. Thank you Catherine & John Titus

  4. Dear Catherine,

    One of you, I think John, mentioned the creation of a timeline and player’s list. Please let me know when that is available. I think it will be an excellent tool to show some of the people in my life who won’t sit for 2 hours. 😉

    I’d love to see a timeline of the coup from 1997 to now. That would surely be instructive and illuminating. We could go back 10,000 years but I think starting in 1997 would be enough for now. May be a good project for me.

    Thank you both for your incredible work!

  5. Hi Catherine, I have a question. If I followed your video presentation, the Fed created some $3,5Tn around the end of February 2020 with the intention that it be spent in particular ways. What were the choices the US congress had in how the money was spent?

    1. Depends on the circuit. If the money went to the banks and then to financial institutions, that is one circuit. If the money went to Treasury, given the refusal to produce audited financial statements and FASAB 56, in theory the money could have gone anywhere. I believe the money that disappeared from HUD in the first years of the financial coup likely funded the Clinton Foundation, Epstein’s operation and at least one of the private equity firms doing large venture pools to invest in Asia – remember this matched up with the East Asia financial crisis. So the buying spree was on in East Asia. China was also opening up for more investment. We saw the headline that China was the #1 target for foreign investment last year. Would not surprise me if some of this Fed money directly or indirectly through private equity firms, FASAB etc headed back into China for investments there (in part in appreciation for their role and expenses in engineering the pandemic and getting rid of Trump – See Lee Smith’s article Thirty Tyrants) as well as through China to the Silk Road, Africa etc.

          1. I have my own edited transcripts of around 100 of the last youtube videos before they got erased. I also have most of the GW videos.
            I was starting to work though the Reddit cliff notes when things went off the rails.

      3. Thanks Catherine. While I comprehend your answer I am less sure that it makes sense. Circuit 1 may be illegal if the point were pressed. Circuit 2 is the Treasury slush fund (ESF). (I’m not sure if a couple of html links would help)
        So, for the US Congress it’s down to speed reading and passing bills to find out what’s in them 🙂
        The Thirty Tyrants is a good read, as is :
        “Creator Of The Bond VIX: It All Comes Crashing Down After 2025”
        (I think he is an optimist)

  6. Dear Catherine

    Just when I thought your ‘State of Our Currencies’ couldn’t be beat you come up with yet another tour de force – the Going Direct Report.

    After having read the excellent ‘Primer On Our Debt-Based Monetary System’ by John Titus, I have 2 questions about money.

    According to John, ‘Coins are physical money created and issued by the U.S. Treasury and … unlike the other three forms of money, coins are issued without any corresponding debt attached to them; coins are legal tender, meaning that they can be used to pay “all debts, public charges, taxes, and dues.” 31 U.S.C. § 5103. ‘

    I have heard stories about how some disgruntled customers or citizens will try to annoy a company or government authorities by coming to pay their bills and discharge their tax obligations or fines with a large amount of loose coins and that some companies (and even the IRS) have refused to accept the coins as payment, insisting that payment be made by transfer or cheque. Similarly, airlines now refuse to accept payment by cash and other entities limit the amount that can be paid in cash (coins as well as notes), citing anti-money laundering or anti-terrorism measures.

    QUESTION 1: If, as John says, coins are legal tender, then can companies legally limit or refuse to accept the coins as payment? Similarly, if I offer to settle a debt by paying cash and the counter-party refuses to accept the coins or notes I offer, then can I be considered to have discharged my debt?

    John also explains that ‘bank money is electronic money created and issued by commercial banks in exchange for debt, public or private, taken on by borrowers from the bank, whose electronic accounts at the bank are credited in the amount of their new loan’.

    QUESTION 2: If bank money is created electronically, what happens in terms of money creation and bank accounting if someone takes out a loan from a bank and then rather than transferring that amount electronically from his account withdraws that amount from his account in cash instead?

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