LFC Comments: Catherine Fitts, former Assistant Secretary of HUD, talks about the “inflationary dollars” being created by the Federal Reserve, the purposeful draconian mandates designed to destroy small businesses, the “Mark of the Beast”, and many other changes looming on the horizon. The Covid-19 “pandemic’ is a ruse being used to reset the global financial system. We are in a spiritual war of good versus evil, and the globalists are implementing evil.
Catherine Fitts: We are not going back to the world we had a couple of years ago.
We are Entering into a War Period – Catherine Austin Fitts
BY GREG HUNTER · PUBLISHED AUGUST 23, 2020 · UPDATED AUGUST 23, 2020
Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says big change is ahead of the world, and “nothing will ever be the same.” Fitts lays out the so-called “reset” you’ve been hearing about for the past few years and says, “We are in the process that I would recall is a global reset. The entire financial system is being reset. There are two aspects of this: One is extending the old system, and the other is bringing in the new system. It’s very much being done on the fly by trial and error, but the new system is 100% digital.”
The new system, according to Fitts, will be a top down control system where “tyranny” will be the key feature. Fitts predicts, “If you look at the tyranny they are working on delivering, I don’t think most people realize how hideous some of their plans are. So, the tyranny that’s coming and the printing that’s coming is greater than anything we have seen so far. . . . The Fed started a new round of QE in March, and if you look at the extent of that, it is extraordinarily inflationary. That’s because this time around, the Fed is not just doing $3 trillion in QE. What the Fed did in three or four months, what it took them to do in three to five years during the so-called financial crisis, that is an extraordinary amount. Then you combine it with fiscal stimulus because the Fed is now buying the Treasuries . . . and the Treasury is sending checks out to Main Street. We are seeing that money going into the economy that is extraordinarily inflationary.” (Emphasis added by LFC)
Fitts describes the overall situation, “We are basically entering into a war period, and it’s dangerous. . . . There are many different layers, but this is what World War III looks like. The people running things and centralizing economic power and control are saying we don’t want to share the subsidy anymore with the general population. . . . This is a spiritual war between good and evil. Part of that war spreads out to invisible technology like mind control.” (Emphasis added by LFC)
After the Interview:
LFC Comments: We have wondered what happens to the average citizens’ savings when the Federal Reserve keeps pumping trillions of dollars into the economy? Seems to us that it will devalue the current money supply. Therefore, the purchasing power of our savings will start to erode. When we add in the ever-increasing property taxes, it spells financial disaster for those on fixed income.
Watch for the cost of food to continue to increase, gardening to become necessary and the bartering for services to be in vogue again. We remember our history lessons on the hyperinflation in Germany.
Hyperinflation in the Weimar Republic
Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923. It caused considerable internal political instability in the country, the occupation of the Ruhr by France and Belgium as well as misery for the general populace. Wikipedia