
“This isn’t the end of the road to totalitarianism, but I’m pretty sure we are in the home stretch. It feels like things are about to get ugly. […] So pick a side, if you haven’t already. But, before you do, maybe look back at the history of totalitarian systems, which, for some reason, never seem to work out for the totalitarians, at least not in the long run. I’m not a professional philosopher or anything, but I suspect that might have something to do with some people’s inextinguishable desire for freedom, and our willingness to fight for it, sometimes to the death. This kind of feels like one of those times.”
~ CJ Hopkins, Consent Factory: “The Road to Totalitarianism,” July 31, 2021
By Catherine Austin Fitts
This week, we finalize our 2nd Quarter 2021 Wrap Up by discussing our theme: CBDCs—Why You Want to Hold on to Your Cash with John Titus.
It is essential to understand the proposals underway. In my opinion, CBDCS (central bank digital currencies) are an essential part of the ongoing financial coup d’état which—if successful—will end constitutional government and human liberties in the U.S. and G7 nations. You need to take this seriously. If the existing plans are implemented for vaccine passports, you will not have to worry about how to manage your assets. It is possible that you may not have any assets. So, this is a topic well worth your attention and action.
If you are not yet practicing #CashFriday (or using cash every day) and talking to your local merchants about using the Silver & Gold Payment Calculator, you will certainly want to start after you learn more.
Please join me for the 2nd Quarter 2021 Wrap Up on CBDCs with John Titus.
In Let’s Go to the Movies, I recommend Children of Men, a 2006 movie about a dark future where humanity is facing its own extinction due to fertility issues.
This is the last week of the month, so there is no Money & Markets. You can e-mail your questions for Ask Catherine or post at the Money & Markets commentary here.
Please join me this Thursday, July 26, for the 2nd Quarter 2021 Wrap Up – CBDCs.
Talk to you Thursday!
Web Presentation
Our 2nd Quarter 2021 Wrap Up web presentation is a work in progress that grows as we publish our weekly segments. Solari Report subscribers can access it here. Use your Solari password to login.
Related Solari Reports:
2nd Quarter 2021 Wrap Up – News Trends & Stories, Part I
2nd Quarter 2021 Wrap Up – News Trends & Stories, Part II
2nd Quarter 2021 Wrap Up – Equity Overview & Rambus Chartology with Tim Caban
Privacy: a relevant movie is Anon on Netflix, by Andrew Niccol, creator of Truman Show & Gattaca, https://www.youtube.com/watch?v=RJOoYhQcQBI
Midianite: https://tomluongo.me/2021/08/20/the-fed-says-let-me-squeeze-your-dollars-5-basis-points-at-a-time/
Data: FedAccounts paper from Columbia U: https://subscriber-input.solari.com/forums/topic/cbdc-messaging-and-trial-balloons/#post-166237
Public-Private partnerships: Tech companies pledge billions for cybersecurity and hiring, in a meeting attended by JPMorgan Chase, https://www.reuters.com/world/us/cyber-threats-top-agenda-white-house-meeting-with-big-tech-finance-executives-2021-08-25/
Fertility: a dystopian sci-fi scenario from a Twitter thread, duplicated here in case it gets deleted, https://twitter.com/ne0agent1c/status/1431173757889138690
– corollary to this observation: when technology disintermediates sexual reproduction, expect basically all norms to go completely wild
– genetically engineering humans that have every physical similarity as other humans (you can even engineer them to be more or less like specific groups!) but literally 100% brain dead so it’s ethical to harvest their organs and use them for science
– caste systems? individuals will literally be unable to avoid having to fit in to a specific range of occupations they were designed for, and if they don’t fit in there, perhaps welfare will take care of them, but the genetic model is bound to be retired, if one takes my meaning.
– family will be corporatized. the vast majority of humans will be bred by corporations. the corporations will have all the legal obligations that parents have for children, and the system will work even better than the one we currently have. capitalism will guarantee jobs/welfare
– all sexual behavior and pursuits will be just wastes of energy and impediments to productivity. expect that to be rapidly bred out.
That last tweet made me wonder about the use of vaccine passports to restrict access to social activities. If there’s a fertility issue in the vaccinated, and they are the only ones allowed to socialize .. until “social businesses” go out of business. Control and segregation of social activity is control of reproduction.
UK TV series “Utopia” on sterilization: https://www.youtube.com/watch?v=DFLyisOfadU
Excellent as always!! John Titus-Your strong points of presentation for me are when you incorporate charts, graphs and photo’s along with your oral presentations which allow us to focus more on what you are saying and give a deeper dimension to the meanings that may inadvertently go over our heads just watching you speak. It simply is outstanding reporting that is in high demand these days…Great Job!!!
Excellent piece. My take away is to have my money spread in cash, physical gold and silver, out of the Country and very little in the US. I do not trust the government not one bit, zero. They will somehow shut down access to our savings (assets).
I need help understanding this discussion – At what point in this video do you tell us, specifically, why we want to hold onto our cash? And how do we hold onto it when the powers that be decide to digitalize the money system?
I do not know if you are familiar with J P Morgan quotes:
“Only gold is money, everything else is credit”
And another to the effect that credit is only extended to trusted persons.
What this comes down to is that personal information is very valuable. Manage your personal data carefully and limit the controls of the banks.
A recent online payment I made came with a menued list of questions, among them was whether cryptocurrency was involved in this transaction. I do not know whether the bank would have blocked a transaction on any of the wrong answers, but this gives you a clue where this is going.
Or maybe you don’t see a problem with your bank deciding how and when you spend your credit?
Thank you for your response to my question. It seems my biggest issue is a lack of financial literacy. I need to acquire more knowledge on the subject.
However, I have been a member of a credit union since the late nineties and I do use cash much more now that Solari Report started promoting ‘Cash Friday’.
Frank:
Suggest you listen to Annual 2020 Equity Overview, 1st Quarter Equity Overview + Link Collection and 2nd Quarter Equity Overview.
We do an Equity Overview with each quarterly and annual wrap up where we discuss what this all means to your personal asset and risk management.
Thank you, Catherine. Will do.
> why we want to hold onto our cash
Cash (bills not obtained from a bank that is tracking serial numbers) doesn’t leave a data trail that can be used by Santa Klaus to compile a Naughty or Nice list that can be used to restrict future activity.
https://bringbacknormal.ie/digital-first/
As always, very helpful. I must comment on something Catherine said about the Solari group membership. I clearly knew I was engaging with intelligent and successful individuals when I joined a few years ago. But there is another, more elusive quality, that I sensed yet couldn’t quite put my finger on. And it is exactly as you say, Catherine. You are providing actionable intelligent to a growing group of RISK MANAGERS keen on navigating their families and businesses through uncharted waters. I am most grateful to you, and the remarkable experts you bring to us. I feel I am receiving the best possible executive briefings in near real time. There is, as is the case for any executive, no guarantee that I’ll make the correct decision. But I couldn’t be better informed as I set or correct my course. You are a godsend.
RISK MANAGERS! You nailed it. There is nowhere to hide. Managing risk is the key. The Red Button story is so important. If everyone pushes it we win. I for one am packing up my family and moving to a jurisdiction where I found Button pushers everywhere. The more the better. How are you managing risk? No better place to learn than here.
Beyond helpful information!
I loved the line from Catherine, “We have to end this monopoly of money.”
I’m a first-month subscriber, and after this and many other great sources on this site, I am 100% renewing my subscription.
Catherine, John – Thank you for this report !
The Bank for International Settelment’s legal agreement with the Swiss government (Headquarters agreement) is on its website. It’s a surprisingly “easy to read” document.
https://www.bis.org/about/headquart-en.pdf
I used to work in an organisation with a very similar looking agreement – the European Molecular Biology Laboratory in Germany. (Think CERN, but for biologists.) There’s income tax exemption for employees, police not allowed to enter the site, ability to run its own pension and health care system, immunity from prosecution (apart from traffic offences). There was also a “Sonderausweis”, a special pass, which in principle was like an ambassador’s pass, but I never had cause to use mine. In principle, I guess this agreement could have been used to perform research which would have been illegal elsewhere. (e.g. human embryo experimentation). In practice, I’m pretty damn sure this wasn’t happening 15 years ago, and the organisation seemed pretty clean and tidy. One problem which did however arise was that local courts had no jurisdiction to rule on staff grievances and one case I was aware of went straight to the European Court. What did (initially) shock me though, was that in the early phase of “the pandemic”, they seemed to virtually shut down. I assume they could have easily overruled all the government mandates and just said they were doing vital research work to save humanity. In principle, the director general is king of his small domain, but in practice is beholden to the states that provide funding.
The ever-popular 17 pages!
BIS founding history: https://home.solari.com/coming-soon-money-markets-report-september-02-2021/#comment-24054
Thanks Rich!