Catherine Austin Fitts

And of course, if that succeeds, and it's gone very far, but it's not all the way, so let's say we've gone 70% of the way, we have 30 more to go, if that happens, then we lose the ability to determine taxation In other words, we get no representation. If they want the money, they just take it out of our accounts.

And of course, if that succeeds, and it's gone very far, but it's not all the way, so let's say we've gone 70% of the way, we have 30 more to go, if that happens, then we lose the ability to determine taxation In other words, we get no representation. If they want the money, they just take it out of our accounts.

Sure. Monetary policy means I get to create the currency. Fiscal policy means I get to collect and spend the taxes.

Sure. Monetary policy means I get to create the currency. Fiscal policy means I get to collect and spend the taxes.

Sure. Monetary policy means I get to create the currency. Fiscal policy means I get to collect and spend the taxes.

okay so so so let's look how your federal government works your federal government grossly oversimplified gets about half of its money to you know fix the roads and do it and run the military um and it gets the money by half of the money from taxing so we all pay federal taxes we all have fees various fines whatever half the money comes from the taxes and half from where

okay so so so let's look how your federal government works your federal government grossly oversimplified gets about half of its money to you know fix the roads and do it and run the military um and it gets the money by half of the money from taxing so we all pay federal taxes we all have fees various fines whatever half the money comes from the taxes and half from where

okay so so so let's look how your federal government works your federal government grossly oversimplified gets about half of its money to you know fix the roads and do it and run the military um and it gets the money by half of the money from taxing so we all pay federal taxes we all have fees various fines whatever half the money comes from the taxes and half from where

Half comes from the central bank.

Half comes from the central bank.

Half comes from the central bank.

The central banking mechanism right now, the currency is issued with debt. It doesn't have to be, but it is. So the New York Fed, so the Treasury, your bank account as a citizen, the New York Fed is the depository for your bank account. Okay.

The central banking mechanism right now, the currency is issued with debt. It doesn't have to be, but it is. So the New York Fed, so the Treasury, your bank account as a citizen, the New York Fed is the depository for your bank account. Okay.

The central banking mechanism right now, the currency is issued with debt. It doesn't have to be, but it is. So the New York Fed, so the Treasury, your bank account as a citizen, the New York Fed is the depository for your bank account. Okay.

okay so they are the federal government's bankers the treasury account is at the new york fed and its members banks so the new york fed is owned by its members but they also act as agent so you're going to have the largest banks in the country owning and directing the new york fed choosing its president but also you know doing depository functions for the treasury so they as agent are also doing various things for the treasury okay

okay so they are the federal government's bankers the treasury account is at the new york fed and its members banks so the new york fed is owned by its members but they also act as agent so you're going to have the largest banks in the country owning and directing the new york fed choosing its president but also you know doing depository functions for the treasury so they as agent are also doing various things for the treasury okay

okay so they are the federal government's bankers the treasury account is at the new york fed and its members banks so the new york fed is owned by its members but they also act as agent so you're going to have the largest banks in the country owning and directing the new york fed choosing its president but also you know doing depository functions for the treasury so they as agent are also doing various things for the treasury okay

So they have a function called primary dealer. And a primary dealer is authorized to go borrow money using treasury bonds and bills. So they borrow money. So that's sort of part of how the currency gets into existence. And they put it in the treasury bank account. So half comes from taxes and half comes from borrowing. A lot of that coming from your retirement account or my pension fund. Wow.

So they have a function called primary dealer. And a primary dealer is authorized to go borrow money using treasury bonds and bills. So they borrow money. So that's sort of part of how the currency gets into existence. And they put it in the treasury bank account. So half comes from taxes and half comes from borrowing. A lot of that coming from your retirement account or my pension fund. Wow.

So they have a function called primary dealer. And a primary dealer is authorized to go borrow money using treasury bonds and bills. So they borrow money. So that's sort of part of how the currency gets into existence. And they put it in the treasury bank account. So half comes from taxes and half comes from borrowing. A lot of that coming from your retirement account or my pension fund. Wow.