Catherine Austin Fitts
๐ค SpeakerAppearances Over Time
Podcast Appearances
If you do it through the owners of the Fed, through their private subsidiaries, you're going to have โ some degree of freedom so it gives you more freedom oh my god yeah so if you think this is improvement you have another thing coming anyway but what they're planning to do on stablecoin which i have to say as a financial matter is quite clever Remember the pallets of cash you sent to Iraq?
If you do it through the owners of the Fed, through their private subsidiaries, you're going to have โ some degree of freedom so it gives you more freedom oh my god yeah so if you think this is improvement you have another thing coming anyway but what they're planning to do on stablecoin which i have to say as a financial matter is quite clever Remember the pallets of cash you sent to Iraq?
If you do it through the owners of the Fed, through their private subsidiaries, you're going to have โ some degree of freedom so it gives you more freedom oh my god yeah so if you think this is improvement you have another thing coming anyway but what they're planning to do on stablecoin which i have to say as a financial matter is quite clever Remember the pallets of cash you sent to Iraq?
Okay. This is going to be the digital equivalent of the pallets of cash sent to Iraq because what they want to do with stable coins. So a stable coin is just a bank deposit or a treasury bill or bond. So it's fully collateralized by a dollar. You put a dollar in and these stable coins are going to, I mean, you have some stable coins that do gold or other things, but these are going to be dollar.
Okay. This is going to be the digital equivalent of the pallets of cash sent to Iraq because what they want to do with stable coins. So a stable coin is just a bank deposit or a treasury bill or bond. So it's fully collateralized by a dollar. You put a dollar in and these stable coins are going to, I mean, you have some stable coins that do gold or other things, but these are going to be dollar.
Okay. This is going to be the digital equivalent of the pallets of cash sent to Iraq because what they want to do with stable coins. So a stable coin is just a bank deposit or a treasury bill or bond. So it's fully collateralized by a dollar. You put a dollar in and these stable coins are going to, I mean, you have some stable coins that do gold or other things, but these are going to be dollar.
And this is going to create a huge market for the treasury bills and bonds. and the bank subsidiaries will create the stablecoins that would be fully collateralized in treasury bonds or bills. But then you can send them out on Google Payment and Apple Payment and all the wallets around the world.
And this is going to create a huge market for the treasury bills and bonds. and the bank subsidiaries will create the stablecoins that would be fully collateralized in treasury bonds or bills. But then you can send them out on Google Payment and Apple Payment and all the wallets around the world.
And this is going to create a huge market for the treasury bills and bonds. and the bank subsidiaries will create the stablecoins that would be fully collateralized in treasury bonds or bills. But then you can send them out on Google Payment and Apple Payment and all the wallets around the world.
And literally you can get people from Bolivia to South Korea coming into your state and using stablecoins. So you're literally gonna tend for the global population try and get everybody off of their local currency into stable coins. And you're going to pump out massive amounts of private credit to make it really attractive. So you're just going to hand out money and get everybody on the dollar.
And literally you can get people from Bolivia to South Korea coming into your state and using stablecoins. So you're literally gonna tend for the global population try and get everybody off of their local currency into stable coins. And you're going to pump out massive amounts of private credit to make it really attractive. So you're just going to hand out money and get everybody on the dollar.
And literally you can get people from Bolivia to South Korea coming into your state and using stablecoins. So you're literally gonna tend for the global population try and get everybody off of their local currency into stable coins. And you're going to pump out massive amounts of private credit to make it really attractive. So you're just going to hand out money and get everybody on the dollar.
Yeah, of course.
Yeah, of course.
Yeah, of course.
I think as soon as you pass the genius act, it can go very, very fast.
I think as soon as you pass the genius act, it can go very, very fast.
I think as soon as you pass the genius act, it can go very, very fast.
I'm assuming it's going to pass sometime soon. If it doesn't pass before the session breaks, it'll pass in the fall, is my guess. So it could you could really see the world rock. Now, our problem in America is Trump aware of all this stuff. Or what do you think?
I'm assuming it's going to pass sometime soon. If it doesn't pass before the session breaks, it'll pass in the fall, is my guess. So it could you could really see the world rock. Now, our problem in America is Trump aware of all this stuff. Or what do you think?