By Catherine Austin Fitts
Theme:
Look at the Quadrants: Human vs. Inhuman; Centralized vs Decentralized.
Stories:
- Boris & Brexit Blues
- Bahamas & Hurricane Dorian: Commonwealth under Queen Elizabeth with the most offshore companies and accounts
- FT: Investors – $17B invested in 2018 in ag technology and start ups
- UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve
- The Epstein Affair
- Negative Interest Rates
- Hong Kong Protestors Arrested: Attacking Facial Recognition, CCTV Cameras
- Global Technocracy – Its One Thing
Hero:
NY Police Union
Let’s Go to the Movies:
Blast from the Past
Building Real Wealth with Franklin Sanders
Per the inflation discussion, a VZ friend told me most big ticket items (real estate, PP&E, etc.) are being almost given away since the society is breaking down completely.
However, fresh chicken eggs are almost priceless, as people still need to eat real food.
Net/net, “inflation” is a tricky phenomenon.
In that regard, I would appreciate any observational anecdotes you might have on the granular reality of how inflation manifests itself even as it destroys societies.
Assume VZ is Croatia, right?
Venezuela
Ah, of course. Thx.
What does “VZ” stand for?
VZ= = Venezuela
The Term is Biflation.
Necessary items inflate and unnecessary items deflate.
Individuals can’t track whats going on as they are squeezed tighter and tighter.
Things people thought hold “wealth” actually don’t, things that do, they don’t own.
We see 15% YoY reduction in the housing prices in places like destin florida. There is simply no demand.
This is the kind of flip-flop that causes unfathomable cognitive disconnect. People discover how much their capital has been mis-allocated toward liabilities (i.e., beachfront property) that they thought were investment assets.
Meanwhile, the State has trained everyone to be dependent via unsustainable safety nets.
The next cycle of biflation will likely be global and blow our collective minds.
This is the kind of flip-flop that causes unfathomable cognitive disconnect – Yes especially when it is income down, household expenses up 8-14% and real assets down. Lots of these patterns occurred in 2008-12
James:
Excellent point – inflation is indeed a tricky phenomenon especially when we are in radical technological change. Will try to add anecdotes – encourage everyone to post.
Catherine
Per the inflation discussion, a VZ friend told me most big ticket items (real estate, PP&E, etc.) are being almost given away since the society is breaking down completely.
However, fresh chicken eggs are almost priceless, as people still need to eat real food.
Net/net, “inflation” is a tricky phenomenon.
In that regard, I would appreciate any observational anecdotes you might have on the granular reality of how inflation manifests itself even as it destroys societies.
Assume VZ is Croatia, right?
Venezuela
Ah, of course. Thx.
What does “VZ” stand for?
VZ= = Venezuela
The Term is Biflation.
Necessary items inflate and unnecessary items deflate.
Individuals can’t track whats going on as they are squeezed tighter and tighter.
Things people thought hold “wealth” actually don’t, things that do, they don’t own.
We see 15% YoY reduction in the housing prices in places like destin florida. There is simply no demand.
This is the kind of flip-flop that causes unfathomable cognitive disconnect. People discover how much their capital has been mis-allocated toward liabilities (i.e., beachfront property) that they thought were investment assets.
Meanwhile, the State has trained everyone to be dependent via unsustainable safety nets.
The next cycle of biflation will likely be global and blow our collective minds.
This is the kind of flip-flop that causes unfathomable cognitive disconnect – Yes especially when it is income down, household expenses up 8-14% and real assets down. Lots of these patterns occurred in 2008-12
James:
Excellent point – inflation is indeed a tricky phenomenon especially when we are in radical technological change. Will try to add anecdotes – encourage everyone to post.
Catherine
Catherine,
I am beginning to see the system fail majority of peer groups, early 20s. The ones with “decent jobs” quickly lose any earnings to lords, student loans, and bars. Alot of my high school friends I don’t expect to ever leave their parents house.
Everything you preach about is coming on much faster than I was anticipating. A Lot of people are being squeezed.
Is this planned by the oligarchs or do they not have a hold on whats going on?
When you extend false prosperity with non-sustainable methods, it is inevitable that people go into a spiral down or are squeezed. Part of the tragedy is that they have been incentivized to learn the wrong habits, the wrong skills, etc. So when the game is up, they find themselves much further across the line. On one hand, things are planned. On the other, they are organic. So the vision is planned. Timing is often fluid. This day was predictible in 1998 – that is when the 1995/96 decision became obivous to keep the aircraft carrier sailing straight in the direction of the iceberg. If you have not watched the Sir James Goldsmith globalization warning video or read https://dillonreadandco.com – these will help you understand how intentional this was.
Remember – essentially to keep people busy during a financial coup – so they don’t interfere or understand until it is too late. This is where the entrainment came in. It has been wildly successful.
Making everyone hysterical about a rather blunt POTUS would be a great way to do that!
Catherine,
I am beginning to see the system fail majority of peer groups, early 20s. The ones with “decent jobs” quickly lose any earnings to lords, student loans, and bars. Alot of my high school friends I don’t expect to ever leave their parents house.
Everything you preach about is coming on much faster than I was anticipating. A Lot of people are being squeezed.
Is this planned by the oligarchs or do they not have a hold on whats going on?
When you extend false prosperity with non-sustainable methods, it is inevitable that people go into a spiral down or are squeezed. Part of the tragedy is that they have been incentivized to learn the wrong habits, the wrong skills, etc. So when the game is up, they find themselves much further across the line. On one hand, things are planned. On the other, they are organic. So the vision is planned. Timing is often fluid. This day was predictible in 1998 – that is when the 1995/96 decision became obivous to keep the aircraft carrier sailing straight in the direction of the iceberg. If you have not watched the Sir James Goldsmith globalization warning video or read https://dillonreadandco.com – these will help you understand how intentional this was.
Remember – essentially to keep people busy during a financial coup – so they don’t interfere or understand until it is too late. This is where the entrainment came in. It has been wildly successful.
Making everyone hysterical about a rather blunt POTUS would be a great way to do that!
Hello,
I heard reference to a comment in Ask Catherine about bad behavior by the millenials, but can’t seem to find the question/answer here? Where can I find it?
John
It is in the notes https://home.solari.com/wp-content/uploads/2019/09/sr20190905_Notes.pdf
Thank you.
Hello,
I heard reference to a comment in Ask Catherine about bad behavior by the millenials, but can’t seem to find the question/answer here? Where can I find it?
John
It is in the notes https://home.solari.com/wp-content/uploads/2019/09/sr20190905_Notes.pdf
Thank you.
Hello Catherine. Great analysis and information as always! Having weekly links to past broadcasts is so helpful to both new and old subscribers! High quality information, which I treat as recorded history, should be listened to more than once!!! One of the many values of your service. I did want to note that the link to your conversation with Junious Ricardo Stanton is apparently broken or, has disappeared!
Thanks, Fixed!
Perfect!!! This is such an important conversation…..
That was a FANTASTIC interview, indeed!