Money & Markets Report: July 24, 2025
Money & Markets
Crosshairs
Catherine and John open with the explosive public and political fallout from the Epstein files release. Despite bipartisan American support for transparency, they explore why Congress remains gridlocked and what this reveals about government accountability. With public patience wearing thin, they predict a turbulent political season ahead.
The conversation shifts to financial markets, where stablecoins are reshaping monetary systems while AI’s massive energy demands create new economic pressures. They examine the speculation driving asset tokenization and what it means for traditional finance.
High interest rates and labor shortages—intensified by ICE raids—are crushing American farmers. Catherine and John connect these domestic struggles to broader geopolitical tensions, US-China trade dynamics, and shifting global energy patterns. Even the Fed’s controversial building renovation spending gets scrutiny.
The episode concludes with practical resistance strategies against pervasive digital monitoring. From switching to “dumb phones” to using Faraday bags, they offer concrete steps listeners can take to protect their privacy as global and domestic policies face significant turbulent changes ahead.
Latest solari report & ask catherine
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Dear Catherine, I hope you’re well. What do we know of Africa in regards to the global picture? I know all the major players have presence there, is it just mining? What about all the wars we never hear of? If Wikipedia says 150k deaths in Sudan.. these are major events.
As for Damascus, one of the oldest cities in the world, in Isaiah it says. When Scripture uses the expression “in that day” it is understood to be an end days event. Only pointing this out to say that we are getting closer and this is not the first time, I have cited this prophecy. It’s not a question of agreeing or disagreeing with it. It just proves that God’s word is true even 2500 years later, so pay careful attention. It looks like we are getting closer to the fulfillment of other prophecies too.
Is. 17:1 An oracle concerning Damascus.
Behold, Damascus will cease to be a city
and will become a heap of ruins.
2 The cities of Aroer are deserted;
they will be for flocks,
which will lie down, and none will make them afraid.
3 The fortress will disappear from Ephraim,
and the kingdom from Damascus;
and the remnant of Syria will be
like the glory of the children of Israel,
declares the LORD of hosts.
Is. 17:4 And in that day the glory of Jacob will be brought low,
and the fat of his flesh will grow lean.
5 And it shall be as when the reaper gathers standing grain
and his arm harvests the ears,
and as when one gleans the ears of grain
in the Valley of Rephaim.
6 Gleanings will be left in it,
as when an olive tree is beaten—
two or three berries
in the top of the highest bough,
four or five
on the branches of a fruit tree,
declares the LORD God of Israel.
correction 2 1/2 tribes not trips
Is it prophesy or self-fulfilling prophecy? Our power brokers are good at using anything to get their way, even clearing the stage for prophesies.
Doubt it, but Damascus is still standing so we’ll see.
Good point- seems the Scofield Bible has a lot to do with the misappropriation of The Word.
That is a very long discussion for another venue. This is already long enough.
I don’t read that Bible, I study from the Hebrew, Greek and Aramaic
The “Israel” in the Bible is not the same Israel that was established in 1948. This gross misunderstanding by too many modern Christians is actually resulting in the worst possible form of “Taking the Lord’s name in vain”. Many Christians are (unwittingly) doing the Devil’s bidding. God help us all to see the light.
Whatever happen to the 10 tribes?
One of my favorite subjects, I have actually written a paper about this.
They became the “fulness of the nations” or the melo hagoyim in Hebrew. The only 2 places in the Bible that use that same expression ( Greek and Hebrew ) are Genesis 48 and Romans 11. Jacob blesses his 2 grandsons but raises the younger of the 2 to receive a double portion and become the “melo hagoyim” . So I asked myself, what does it mean to become the fulness of the nations?
Remember that Ephraim and Manasseh’s mother was an Egyptian but Jacob/Israel raised up his grandson’s to be like sons replacing Ruben and Simeon ( for very good reasons) Ruben stole his concubine as a power play. Simeon and Levi killed the all the Shechemites in a very deceptive way for raping their sister Dena. ( God does not whitewash anything which is why I love the Bible)
From Exodus, Ephraim was always the leader of Northern Kingdom. Judah the leader of the Southern Kingdom. This is a very long discussion because it has to do with both of them acting as a type of Messiah, but they were clear leaders. ( think Joshua and Caleb) Ephraim’s kingdom after Solomon was in total apostasy and once again worshipped the golden calf, made their capital Samaria instead of Jerusalem. Jeroboam kings after him brought back the baals etc. This was thanks to Solomon. . Solomon brought all the foreign women in who brought their gods. There is always a relationship between spiritual and marital adultery. The Northern Kingdom had 3 waves of Assyrian exile and the Assyrians were know to scatter and mix their captives to keep them from regrouping. The Northern Kingdom lost their identity as Israelites for the most part ( may be a few exceptions who joined to the Southern Kingdom) .
At the end of time ( see Ezekiel 37:15-28) they will come back. They are not Jews. Big mistake is that people confound Jews and Israelites. . All Jews are Israelites but all Israelites are not Jews. The word Jew is tricky because in the New Testament as people call it, it can mean Judeans or the religious leaders in Jerusalem. Context is everything. The expression did not come until after the Babylonian exile of the Southern Kingdom a couple of hundred years after the Northern exile. The exile of Judah lasted a distinct period of 70 years, but not all of Judah ( Judah, Benjamin and part of Levi) came back. Only about 40,000 did ( see the books of Nehemiah, Ezra etc).
I believe the Northern Tribes became as gentiles and are mixed in totally with the nations but at the end of time will be reidentified according to the prophet Ezekiel and Hosea and Isaiah and others. The come out of the nations through the gospel of the kingdom. God divorced them for breaking the covenant but then Yeshua laid his life down to save them. It’s a much longer discussion than this but the grace of God is absolutely amazing and most of us really don’t understand how amazing it is that our creator becomes our redeemer even when we are completely rebel against him. I’m not saying God takes this lightly.. Just saying he is full of love and grace and most of us don’t appreciate it as much as we should.
Yeshua is the kinsman redeemer, as was Boaz in the Ruth story. He redeems not only the people , but the land. In order for the bride to remarry her husband must die. This is a regulation in the Torah. The bridegroom Yeshua had to die to renew the covenant with Israel. That is precisely what he did and he laid his life down, but also that the nations too could come into the covenant. He did not chose Israel because they were bigger or better, but for the glory of his Holy Name so that the nations would come to know him too.
Mary, Actually that is not what the Bible says. God said to Abraham take your one and only son and bring him to be sacrificed referring to Isaac. He told Abraham that all the families of the earth would be blessed through his seed, promise repeated to Isaac and Jacob. Your argument is not with me, but with the Scriptures.
God promised Israel the land and is very specific about the boundaries. I don’t think they will receive their inheritance until Yeshua returns to planet earth. God loves the world but he has a plan of redemption where he gets all the glory and a lot of people have a problem with that, but I just don’t argue with the creator of the universe.
The main idea is that the nations will ultimately worship him in spirit and in truth, but redemption is for all that turn to him and I include Yeshua in that since they are one. ( composite unity) He’s God, and I’m not so I don’t decide about these matters. In the meantime lots of nations doing crummy things, including our own.
He also says one day there will be a new heavens and a new earth. I look forward to that day because right now is not so great. The really great news is in him we receive a resurrected body with no sickness, no more dying, no tears. That is not limited to any one set of people but those who believe and receive the promise of life based on Yeshua’s death and resurrection.
Actually, no Joyce: In no way do I consider you an authority on the Bible. It seems you have fallen into the same trap as too many modern Christians. Your literal interpretation is way off-base. The Bible was written as a Parable, as were all Mystical texts of that time.
“Israel” is not a Hebrew word, it is three Egyptian words: “Is” from Isis, the feminine Spirit, “Ra”, as in the Son-God Ra, the Masculine mind, and “El”, meaning, “of the Angelic realm” (why all Angels’ names end in “el”).
In other words Is + Ra = El, which means, Those who successfully unite the feminine Spirit with the masculine Mind will enter the Angelic realm. How does one do that? By being mentally “still”. Only then will you “know God”. How do we become mentally still? By practicing meditation. That’s what “Be still and know…” means. The Judeans, the “chosen people” who camped on the East side? The “East side” refers to the right hemisphere of the brain, which is accessed only after we deliberately slow the waves of the left brain, which is what is done through meditation. The pineal gland gets activated, melatonin is released, and the right side of the brain is accessed: this is where we encounter God, as Jacob tells us in Genesis: ” I have seen God face to face, and I call the place Peniel.”
Also, I still want to know: Are you Ok with the genocide in Gaza if it means the Jewish will get to live there unopposed?
Mary,
The Israel in the Bible is a geographic location and a people. The Jews do not represent all Israel but probably 2 1/2 trips and not even all of them. This is the great mystery that Paul talks about in Romans 11. Israel ( 12 tribes ) was scattered among the nations on numerous occasions, but God knows exactly where they are. They were chosen to be a light to the nations ( not that they did this well most of the time which accounts for the scattering) so that the nations would come to know “the God of Israel”. The God of Israel will make himself known at the end of days and there will be no doubt as to who he is. The nation that was established after WWII is albeit a very imperfect nation ( as are all the other nations) but it had to be re-established so that prophecy would be fulfilled. Isaiah prophesied that too.
The nations will turn against the nation of Israel ( maybe they have brought some of this on themselves ) but that is written. The end of the story is that God makes Israel, Egypt and Assyria a praise in the midst of the nations. I think the point is that God’s ways are not our ways, but he is just and his justice will prevail. The nations have all sinned and fall short of his glory. This is why Yeshua came and died for all of us. Yeshua will come again and reign and he will come in his glory and everyone will know who they have to bend their knee to.
I have no doubt that there are Jews in Israel who represent a part of physical descendants of Jacob, but there are also many Israelites who do not even know that they are because of all of the scatterings and mixings. The other piece is that anyone from any nationality can be “grafted into Israel” through Yeshua, like the story of Ruth the Moabite who married the great grandfather of King David because she loved the God of Israel and his people she was grafted in.
The most important thing is that we don’t forget, the God of Israel has a redemption plan for this evil world system. Right now that battle is heating up because Satan knows his time is short on planet earth. Keep your eyes on Yeshua and you will not go wrong. He is the Prince of Peace, Mighty God, Wonderful Counselor and will not disappoint but man will so… that’s the Cliff notes version.
If we know where we are on the prophetic calendar we can expect things to get very wild and difficult but we should not forget who is our redeemer. I think the hardest things for all of us is to realize that God’s grace extends to many, even those we think are not worthy, that would include the unredeemed of Israel as well as the unredeemed from many more nations. None of us are worthy, only Yeshua. Worthy is the Lamb who was slain as the Bible says.
God came in flesh to redeem mankind, not because we deserve it but because he loves us and wants a relationship with his creation but he gives us free will, unlike the Beast System which will try to enslave people because it’s Satan’s system who comes to rob, steal and destroy. God is a God of love.
When Yeshua was dying he said, “Father forgive them ( speaking of the Jewish leadership and the Romans) for they don’t know what they do”. They crucified the King of Glory but that had to be, in order to redeem mankind and he went willingly because that was the only way to purchase a people for himself. He paid with his own blood and then overcame the death, so that we may have life. This is profound.
He was incarnate into the lineage of a people that Moses called “stiff-necked” so what can I tell you? God takes the foolish things of the world to confound the wise.
Throughout the Chronicles of the Kings of Israel there were good and bad ones, so nothing new under the sun and that changes nothing of God’s redemption plans. He is just and will deal with people accordingly. So glad he’s God and I’m not.
Hating Israel ( that doesn’t mean you cannot criticize their leaders… the prophets did)
is not a great place to be in a spiritual sense because you are opposing the God of Israel. It’s a fine distinction and I hope I am making sense. You can criticize Netanyahu, but don’t criticize the God of Israel, just try to understand his plan for the redemption of humanity.
Dividing the land is a very bad thing. The prophet Joel says God will enter into judgement with those who divide his land and scatter his people, so all the nations calling for a Palestinian State ( that never existed in history ) are calling judgement upon themselves. Again, that doesn’t mean that Israel is perfect or doing good things, it means that God is able to judge Israel for their sins and the nations at the same time. We should never be confused about this.
Very overly simplistic but not inaccurate in the least.
Joyce, your Theology is wildly and ironically materialistic. “The Chosen People” have exactly zero to do with genetics, nor geography. It is a shame you are so misguided, and I am not going to do your homework for you: Dig deeper. I do wonder though, do you agree with the Israeli extermination of Palestinians?
Yup. God is a God of equal opportunity
Catherine,
Dr. Farrell’s PhD means that he studies are on the Church Fathers who are post-biblical. This is a very complicated discussion but there was a separation between Israel and the the gentile believers that took place over a period of 200-300 years after Yeshua which culminated in Constantine a Roman Emperor declaring himself “head of the church” and changing the calendar and incorporating paganism with the Bible to appeal to the pagans. Most believe he did this to consolidate his power because the believers were willing to die for their faith.
There were Jews who believed in Yeshua in those days and many who didn’t but eventually the Gentile believers overwhelmed the numbers of Jewish believers in the 2nd Temple period. ( this division I believe was allowed by God so the gospel would go forth to the nations)
Eventually what we get is “replacement theology” i.e. the idea that Israel is replaced by “the church” . The word church means “the called out assembly” from the Greek word ekklessia .Yeshua said, on this rock I will build my “called out assembly “or church.
Paul later on tells us that “the rock” is Yeshua who was in the wilderness when Moses was supposed to speak to the rock but instead was so frustrated with the Israel that he struck the rock. He was the rock that brought forth the living water.
God’s called out assembly started in the the wilderness with Israel and a mixed multitude who left Egypt with them and attached themselves to Israel.
Here is the great confusion today. Part of Israel is still unredeemed ( has not recognized their Jewish Messiah-Yeshua)but more and more are beginning to since the State of Modern Israel was formed. I have met Orthodox rabbis in Israel who secretly believe and are studying him in the Torah in a yeshiva in Jerusalem.
The restoration of all Israel will happen prior to his return, and supernaturally eyes will be opened to their Messiah, so if you want to use English terminology you would say they will become part of the church.
I would prefer to say that “church” is grafted into Israel so there is no more Greek or Jew, in Messiah we will all be one. Paul says in Yeshua you are all part of the Commonwealth of Israel.
Many Israelites were mixed into the nations so for all intensive purposes look and act like Gentiles. They will be gathered up too, as the gospel of the kingdom goes out to the “lost sheep of the house of Israel” and to the nations.
I will leave you with one question to ponder. If God promised Abraham, Isaac and Jacob something that is forever (olam) and through these promises brought us Yeshua, if he can change his mind visa via the promises to the Patriarchs, can he not change his mind in his promise to all of us through his son Yeshua?
My presupposition is no. God does not lie. He is the same yesterday, today and forever. Based on this I rest in the totality of his promises.
Mary, Israel by the way means according to the messenger of YHVH who wrestled with Jacob ( who could well be a pre-incarnate Yeshua)Genesis 32:28 Then he said, “Your name shall no longer be called Jacob, but Israel, for you have striven with God and with men, and have prevailed.” Israel is a man, a nation that physically descended from Jacob and a Land which used to be called Canaan, that God gave to the Israelites when they came out of Egypt. Read the book of Joshua ( Yehoshua-salvation is of God)
The beauty of all of this is God is a god of shalom ( wholeness) and many of the divisions we see will be healed when the Prince of Peace appears. Sometimes hard to envision in the current environment.
In the meantime, Catherine, I hope you will study these things for yourself since you are very smart. There are many Phd’s in all kinds of Bible study and I can assure you that most of them DO NOT agree. Their degrees come from many great institutions like Oxford etc.
I just had a major disagreement with one who doesn’t think CBDC and the like have anything to do with the Mark of the Beast. I am looking forward to hearing his response.
The apostles were fishermen, not scholars. God’s spirit is able to lead any of us in truth when we sincerely seek him, because if we are born of his spirit, he leads us in all truth.
Most of the Scribes and Pharisees ( the educated class) did not understand who Yeshua was, so they crucified him.
As for genocide, no, I don’t believe in genocide and I personally hear lots of conflicting reports of what is going on in Gaza, so I try not to talk about things that I am not 100% sure of. I am sure that there are wicked people on both sides of the conflict and innocents ones, but I trust God will sort that all out instead of talking about things that I do not have first hand knowledge of.
Israel should never have given up Gush Katif years ago under Ariel Sharon, and they would not have this problem. The world did not say a word when they removed their own people from their own land.
I have zero confidence in Netanyahu because he willingly gave his own population a bioweapon, and bragged about it and his government has ample security to stop what happened on Oct 7, but …I have no confidence in Hamas either because they put their own population at risk all the time and sit with big bank accounts in Qatar. When Yassar Arafat ( an Egyptian, not a “Palestinian” ) died his wife was left with billions. All of these people are corrupt and all of their civilian populations suffer.
Yes, Netanyahu is an equal opportunity killer.
Farrell has a PHD in Patristics from Oxford. He says that Israel refers to the people of the church and that it is neither genetic based or place based. I have not researched independently but believe he is right.
It’s curious to compare two amounts mentioned in this report:
$2.5bn to repair the Fed building
$3.8bn aid to Israel
I wonder which one is the bargain.
I find it hard to get my head around such a sum just to do a renovation. It makes me wonder how much the Fed building is worth to begin with and how much it would cost just to tear it down and rebuild it.
Just as an aside, it cost EUR 183 million (not billion) to rebuild and restore the Frauenkirche in Dresden.
The excessive costs of repairs of the Fed Reserve building probably has to do with skimming, organizations like secret societies have expenses that need to be paid.
A number of problems: serious security issues and needs, Washington is built on a swamp, have to follow all government rules and procedures, Davis Bacon etc.
It’s never been clear to me why the taxpayer is footing the bill for the Fed building’s allegedly necessary renovations.
The Fed is a privately owned corporation, run for private profit, by its owners-its member banks. Why aren’t they paying for it?
I wonder if the entire story hasn’t been fabricated for the purposes of producing the cringefest which was the photo op of Trump and Powell visiting it, sporting hard hats, and Trump bossing Powell around while they disagreed over the cost of the repairs (link below). It looked like a humiliation ritual for Powell, which I guess was the point.
Incidentally, I’m no architect, but the building they were in looked extremely rudimentary to me-like a bog standard block of apartments found in any major city. Not something the overpaid suits at the Fed would be satisfied with. My guess is that it was probably filmed (with multiple takes) in a TV studio.
https://www.youtube.com/watch?v=8VM3rrY742M
Fed profits, if any, go to the Treasury. So if an item reduces profits, it is coming out of the taxpayers dividends.
Thanks, Catherine.
Couple of follow up questions. Surely the profit the Fed makes on seigniorage alone are absolutely gigantic? Irrespective of whether the money created is printed or typed into existence.
I would describe this as a “direct” profit, in the commonly understood sense of the word-i.e., the difference between the cost of producing and selling a good or service.
Is it also fair to say that the Fed makes far more money from “indirect” profit, via the Cantillon effect, and the slow, gradual transfer of wealth upwards to its owners, over many years?
I think most of the profits you are thinking of are made by the members who own the NY Fed or the other Fed banks as well as the any parties who have access to the data.
Financial Times reports that Gaza is descending into mass starvation https://x.com/FT/status/1949072914675847316
It’s so awful and I don’t know what to do. Have called my Senators, the Reps, the White House, Speaker Johnson (nobody ever answers at any of his 4 numbers!). I pray, I cry, I fantasize about escrowing my taxes until I feel adequately represented. I mean, at this point since I know where my money is going, is it not on me to withhold support? If I don’t, am I not complicit? I feel it’s too late anyway. Are Israeli’s the most propagandized people on the planet, second only to a contingency of US Christians? Not expecting answers, just needed to vent.
Understood. I hope the day is coming when tax escrows can happen.
Adherolt (from Alabama) said: “Let me be clear, we will not stop until we have taken out Hamas.” Katie Britt and Coach Tuberville basically said the same thing.
I was in a pissy mood and disgusted. So, my last email said: please choose one of the following, because at this point it has to be one of them.
I support:
A. – pedophiles
B. – human trafficking
C. – blackmail
D. – I am being blackmailed.
I think I need to add genocide and all of the above to the list. I think we should all send this type of questionnaire to our Congressmen. I obviously received some sort of form letter.
Can we indict them all – including RFK jr. – for accomplices to murder, and trafficking? It just seems there has to be a way for us to get out of this. Voting is a waste of energy and time, calling the representatives is a complete waste of time.
Ask them for a list of second passports and offshore accounts.
An anecdotal note about mind control and the weather…my phone weather apps are telling me we’re in a record heat wave. Social media too. Keeps talking about how hot it is. I live in Florida. Newsflash…it’s the end of July. It’s always hot. Perhaps other parts of the country are experiencing unusual heat…I don’t know. But the temps where I live have a high of 95 this week. That’s normal for late summer in the Florida. And in fact, we have a decent breeze so it isn’t that bad. But yet, everywhere I go, people are talking about how unusually hot it is and global warming. Every waitress, cashier, or contractor I interact with mentions the heat. It’s because they are being fed constant media about the heat on every digital platform. Has anyone else noticed this phenomenon? I grew up here and it would often get up to 100 degrees here in the 1990’s during the summer. Yet, we have one week of mostly 90 to 94 degrees in an unusually cool summer (so far) and everyone is talking about global warming and unprecedented heat. Official reality continues to further divorce from actual reality everyday in every part of our lives.
I thought they dropped the ‘global warming’ narrative and now use ‘climate change’ because we have both highs and lows. Agree, that is normal it has always been this way, we have had the ice age, we have had droughts, unfortunately, people do not study history or even remember more than 5 years either way and buy into things that are being ‘sold’ to them. I cringe when I see solar farms and giant wind turbines that are a blight on our environment. Trees and orchards are being cut down for solar farms and the wind turbines are like something out of science fiction. Such an environmental blight. We should be planting trees. Wind turbines will be obsolete within 10 years and cost 1/2 M to take down, imagine the falling down wind turbines and how ugly it will be when we can no longer maintain them and they no longer work and we can’t afford to remove them. Oh, I guess if we do they go into a landfill. Great for the environment. It is all about money, not the environment. LED lightbulbs are supposed to last 20 years, well they don’t, and they are bad for your eyes.
`Cognitive dissonance. I assume inducing it is a strategy.
I am in Europe and the weather bureau iPhone defers to, seem entirely unable to “predict” the weather and whatever is predicted changes in any event.
It has messages like “Severe Weather Warning : Moderate Thunderstorm”.
About 8 years ago I used to rely upon the Swiss Meteo app which predicted rain starting in the next half hour with accuracy but that has also fallen into chronic unpredictability.
The public schools in Geneva Switzerland start the new academic year mid-August so the canton came up with a Heatwave Policy for when the school buildings get too hot and the children would be allowed to stay home instead of, say, starting the academic year in September as it used to! (Although my husband thinks this is partly a commercial decision to “extend” the summer holiday season in the region instead of there being a rush for limited accommodation and the like. 🤷♀️ )
I live in Edmonton, Alberta. The talk about Climate Change seems (?) to be slowing down a bit here. Maybe, that’s because it’s a really COLD summer. It’s July, and my furnace turned on a few times, for crying out loud! My tomatoes and cukes are very unhappy this year, and only about 30% of my potatoes sprouted.
I wonder what this means to the harvests in North America and Europe.
That’s what I have personally experienced…a cooler year. I live on an island just off the coast of Florida. June is normally hot but has nice cool breezes. July is when the breezes slow and July through September are hot and humid. But this year, June was very mild and the first half of July was mild. That’s why it strikes me as odd that everyone around me is talking about how hot it is…because it hasn’t been a hot year
I like the new music better than the old. Also nice to have some new music.
I am here to also comment on the music which is lovely, thanks Solari team!
🙂
Ditto
Isn’t the reconcile of the question of robust economic growth with a poisoned population, the Larry Fink observation about paradigm change (Fink paraphrase: it is now possible to have growth with declining population due to AI/automation/etc) that you pointed out in a video clip not so long ago Catherine?
Not that I personally believe it will work, just strongly suspect that is in fact the elite thought process these days.