{"id":65132,"date":"2023-03-07T13:18:32","date_gmt":"2023-03-07T18:18:32","guid":{"rendered":"https:\/\/olduvai.ca\/?p=65132"},"modified":"2023-03-07T13:18:32","modified_gmt":"2023-03-07T18:18:32","slug":"central-bank-digital-currency-prison-catherine-austin-fitts","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=65132","title":{"rendered":"Central Bank Digital Currency Prison \u2013 Catherine Austin Fitts"},"content":{"rendered":"
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Central Bank Digital Currency Prison \u2013 Catherine Austin Fitts<\/a><\/h3>\n<\/header>\n
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\"\"<\/a><\/strong>Catherine Austin Fitts (CAF), Publisher of The Solari Report, financial expert and former Assistant Secretary of Housing (Bush 41 Admin.), says the Central Bank Digital Currency (CBDC) is much easier said than done.\u00a0 There is a monster fight behind the scenes between commercial banks and central banks.\u00a0 CAF explains, \u201cYou have bubbled an entire economy, and now you are bringing out something (CBDC) that could shrink the bubble dramatically, and it can put a lot of banks out of the game and out of the business.\u00a0 If the central banks are going to compete directly for retail accounts, it\u2019s going to shrink the fees and business for a lot of banks.\u00a0 You are talking about cutting their income or putting them out of business.\u00a0 So, CBDC is highly controversial.\u00a0\u00a0<\/span>One reason is people are beginning to wake up and realize, oh, I am no longer an insider.\u00a0 CBDC is going to turn me into a slave, and they are going to be able to take all my assets.\u00a0 You think they could lock you down during the pandemic?\u00a0 The CBDC is the ultimate lockdown tool, and they can lock anyone down whenever they feel like it.\u201d<\/p>\n

The Fed\u2019s biggest fear is losing control of the financial system.\u00a0 CAF says, \u201cThe Fed is scared to death of the global debt growth model, and they kept this model going by growing the debt more and more and more.\u00a0 Now, interest rates are accelerating in a way . . . it shrinks your productivity.\u00a0 So, the pie that is supporting the debt, is shrinking. . . . This is a coup model just like in Ukraine.\u00a0 You push all the people out or you kill them.\u00a0 You have war conditions so you can pick everything up cheap.\u00a0 You can do this with government money to \u2018help\u2019 Ukraine….<\/p>\n

\u2026click on the above link to read the rest\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Central Bank Digital Currency Prison \u2013 Catherine Austin Fitts Catherine Austin Fitts (CAF), Publisher of The Solari Report, financial expert and former Assistant Secretary of Housing (Bush 41 Admin.), says the Central Bank Digital Currency (CBDC) is much easier said than done.\u00a0 There is a monster fight behind the scenes between commercial banks and central […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[21700,28642,28643,303,8757,3650,9699],"class_list":["post-65132","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-catherine-austin-fitts","tag-cbdc","tag-central-bank-digital-currency","tag-fed","tag-greg-hunter","tag-us-federal-reserve","tag-usa-watchdog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65132"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65132\/revisions"}],"predecessor-version":[{"id":65133,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65132\/revisions\/65133"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}