Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says, “We’ve been printing massive amounts of dollars, and if you look at all the things we did to stop high speed debasement and unprecedented inflation, we’ve kind of run out of tricks. . . . Inflation is really sneaking up. My question: Is basically shutting down the small businesses and the small farm economy at high speed the way they have done, is that protecting us from going up a frightening inflation? Are we at Weimar Republic kind of inflation rates? I have been telling my subscribers to plant, plant and plant because the price of food is going to go through the roof. Another one of my questions: What’s pressing for war? Is the debt spiral up and the inflation spiral up, is that more than they can handle?”
Fitts also says the covert war going on now is about the U.S. dollar and countries who want to stop using it for trade. If the dollar is used less, it will be worth less and maybe much less. Fitts says, “We have tried to keep all the oil sales in the world going through the dollar. Of course, that’s put everybody back into our jurisdiction. The world doesn’t want to do that anymore. They want to be free to trade. You are seeing more and more central banks around the world doing swap lines and direct relationships between central bank to central bank to try to do what is called de-dollarization. So, you have the world wanting to move outside our channel, and you have the Anglo American alliance trying to protect the dollar syndicate. That is part of the economic war that is going on.”
Fitts says, “Whatever happens on the global stage, it means the days of the subsidy that kept the game inside America is over. So, how do you radically reduce the size of the financial footprint that stopes inflation from going wild? How do you take the subsidy away from the American middle class without a major civil war? . . . . What we did was we did the China trade, and now it’s over, and everybody in America said fine, we will go along. Well, this is the price. You have borrowed from the future and now it’s over.”
Why the sudden record gun buying in America? Fitts says, “They understand that the rule of law is steadily being diminished. They see all sorts of behavior . . . that is lawless. . . .They see people in poverty say if anything goes for the big guys, then anything goes for us. . . . Part of what is happening is we are dealing with a spiritual war, and there are serious demonic and occult forces at work. There is nothing they would love more than to stop the churches and stop people from getting together and praying and inviting in the divine and angelic hope every Sunday. I am with the President. I think stopping the churches from gathering is a very, very terrible idea.”
Fitts also still thinks gold is a good investment that will “outperform most other investments in 2020.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.