Consolidating Control with Catherine Austin Fitts
Unlimited Hangout with Whitney Webb
Whitney Webb
4.9 • 1.2K Ratings
🗓️ 21 April 2023
⏱️ 85 minutes
🧾️ Download transcript
Summary
Whitney is joined by Catherine Austin Fitts to discuss the current financial situation and what to expect in the short term, why the US government is using the crisis to push for greater bank consolidation, the FedNow service and the role commercial banks are set to play after the rollout of CBDCs.
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Originally published 04/18/23.
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Transcript
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| 0:00.0 | Hey, you're listening to Unlimited Hangout. I'm your host, Whitney Webb. Though some of the panic of the recent |
| 0:06.8 | U.S. banking crisis has subsided and things seem calmer, big things are still happening beneath the surface |
| 0:12.3 | that suggests that the crisis hasn't really ended at all and will likely get worse in time. Not unlike the 2008 |
| 0:18.8 | financial crisis, which really began to unfold in 2007, the current |
| 0:23.0 | banking crisis is likely to continue and enter a new and more troubling phase in the not-so-distant |
| 0:27.5 | future. Essentially, it seems that the current column on the surface has allowed the powers that be, |
| 0:33.1 | or rather the financial powers that be, to kick the can down the road, giving them time to line |
| 0:37.9 | things up so they can control and manage the situation once chaos and panic return. |
| 0:43.8 | Yet, regardless of if and when another crisis rears its head, the aftermath is likely to be seen |
| 0:48.8 | as an opportunity by the powers that be to roll out or dramatically advance the long-awaited |
| 0:53.9 | central bank digital currency |
| 0:55.5 | or CBDC paradigm. Expected moves by the U.S. Federal Reserve, including the launch of its Fed Now |
| 1:01.1 | service in July, as well as the regulatory crackdown on any would-be digital currency competitors, |
| 1:06.4 | seem to suggest that the march towards programmable money continues to progress, crisis or no crisis, panic, or no panic. |
| 1:13.6 | Joining me today to discuss the current financial situation, the CBDC rollout, and much more |
| 1:18.3 | is Catherine Austin Fitz. |
| 1:20.1 | Catherine is the president of Solari Inc., which publishes the Solari Report, and she is also |
| 1:24.8 | a managing member of Solari Investment Advisory Services. |
| 1:28.6 | Prior to Solari, she held top positions at the Wall Street Investment Bank, Dylan Reed |
| 1:32.6 | and Co. and was also Assistant Secretary of Housing and the Federal Housing Commissioner |
| 1:36.8 | for the Department of Housing and Urban Development. |
| 1:39.4 | For longtime followers of independent media, Catherine's name should be familiar for her investigations |
... |
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