2020 Annual Wrap Up: The Going Direct Reset — The Central Bankers Make Their Move with John Titus

69 Comments

1. What is the opening piano solo? It is hauntingly beautiful. Great choice!

2. Please could you post the title of the opening music? Thank you

3. You know guys, most people have a very limited understanding of money and/or the federal reserve/central banking system. People are desperate to understand what’s going on while, at the same time, they intuitively know they are getting screwed by their government on many levels.

4. This was a mind-blowing presentation that I’ve already watched three times. I’m still a bit confused by this comment by Catherine:

   “Look at that $1 trillion that the Fed put out before the downturn started … Wherever the money was sloshing in from (whether it was DOD, which would have come from monetization of Treasuries) back to the Fed – it came in from someplace.”

   Why would the Fed need money sloshing in to purchase Treasuries when it can print money out of thin air?

   1. Marin:

      It uses Treasuries to print bank reserves out of thin air – a different process than buying Treasuries from the secondary market in a QE process. I can think of several reasons why it would redirect the FASAB funds – it would be part of an avenue to get thus funds into a private equity firm or SPACe that was safer. Essentially operating a laundry.

      Catherine

      1. Thanks! Yes, I was thinking the FASAB funds might be redirected to the ESF or somehow sloshing through the liquidities facilities or even the Fed’s Repo intervention. If we can’t trust the Treasury’s audits, I don’t know how we can trust the records from anything else. Incidentally, I’m watching your Rob Kirby interview from 2018 where you’re both discussing the imminent implosion of the system, and the oligarchs (to preserve their power) forcing a global “reset” via a “control grid” and “false flags”. Well, here we are!

5. Ms. Fitts & Mr. Titus: great job, extremely helpful!

   Could you expand on a key point, when you said, “The first Going Direct phase is with digital cash”?
   — Would this be like an Apple Wallet?
   — How quickly would {paper money / coins / paper checks} be phased out? (e.g. what if some people hoard cash?)
   — How much longer will the “unit” (US dollar) remain our currency, before it becomes a ‘Fed Coin’?
   — How soon do you think this could/will happen? 1 mo? 3 mo?

   I apologize in advance if you’ve covered this already. I’m new to your site, and I haven’t searched through it in any great detail yet.

   Thank you!

6. WOW, that was amazing! I’ve posted this on FB and sent this to many people until they caught me haha and wouldn’t let me send the state of our currencies as I recorded it on my iphone….thank you for everything you’re doing! btw i sent my children to the Waldorf school in Sacramento before they were finally done with schooling and it changed the trajectory of our lives! I also walk around without a mask in the stores wherever I can, having been a practicing RN for 30 years, and it is so much more clear to see the plandemic bullshit after this! I need a tshirt to advertise to the fearful sheep!

7. WowWowWow! You two bat it out of the BallPark! You just keep getting better. Of course I’ve thought that for a decade or more each Report.
   At last I know what I read the Chinese Central Bank and the US Central Bank were coordinating Repo actions.
   I would never have caught that with out Solari Education.
   ?

8. Dear Catherine

   Just when I thought your ‘State of Our Currencies’ couldn’t be beat you come up with yet another tour de force – the Going Direct Report.

   After having read the excellent ‘Primer On Our Debt-Based Monetary System’ by John Titus, I have 2 questions about money.

   According to John, ‘Coins are physical money created and issued by the U.S. Treasury and … unlike the other three forms of money, coins are issued without any corresponding debt attached to them; coins are legal tender, meaning that they can be used to pay “all debts, public charges, taxes, and dues.” 31 U.S.C. § 5103. ‘

   I have heard stories about how some disgruntled customers or citizens will try to annoy a company or government authorities by coming to pay their bills and discharge their tax obligations or fines with a large amount of loose coins and that some companies (and even the IRS) have refused to accept the coins as payment, insisting that payment be made by transfer or cheque. Similarly, airlines now refuse to accept payment by cash and other entities limit the amount that can be paid in cash (coins as well as notes), citing anti-money laundering or anti-terrorism measures.

   QUESTION 1: If, as John says, coins are legal tender, then can companies legally limit or refuse to accept the coins as payment? Similarly, if I offer to settle a debt by paying cash and the counter-party refuses to accept the coins or notes I offer, then can I be considered to have discharged my debt?

   John also explains that ‘bank money is electronic money created and issued by commercial banks in exchange for debt, public or private, taken on by borrowers from the bank, whose electronic accounts at the bank are credited in the amount of their new loan’.

   QUESTION 2: If bank money is created electronically, what happens in terms of money creation and bank accounting if someone takes out a loan from a bank and then rather than transferring that amount electronically from his account withdraws that amount from his account in cash instead?

   1. John joins next week. It is on the list!

9. Hi Catherine, I have a question. If I followed your video presentation, the Fed created some $3,5Tn around the end of February 2020 with the intention that it be spent in particular ways. What were the choices the US congress had in how the money was spent?

   1. Depends on the circuit. If the money went to the banks and then to financial institutions, that is one circuit. If the money went to Treasury, given the refusal to produce audited financial statements and FASAB 56, in theory the money could have gone anywhere. I believe the money that disappeared from HUD in the first years of the financial coup likely funded the Clinton Foundation, Epstein’s operation and at least one of the private equity firms doing large venture pools to invest in Asia – remember this matched up with the East Asia financial crisis. So the buying spree was on in East Asia. China was also opening up for more investment. We saw the headline that China was the #1 target for foreign investment last year. Would not surprise me if some of this Fed money directly or indirectly through private equity firms, FASAB etc headed back into China for investments there (in part in appreciation for their role and expenses in engineering the pandemic and getting rid of Trump – See Lee Smith’s article Thirty Tyrants) as well as through China to the Silk Road, Africa etc.

      1. Thanks Catherine. While I comprehend your answer I am less sure that it makes sense. Circuit 1 may be illegal if the point were pressed. Circuit 2 is the Treasury slush fund (ESF). (I’m not sure if a couple of html links would help)
         So, for the US Congress it’s down to speed reading and passing bills to find out what’s in them 🙂
         The Thirty Tyrants is a good read, as is :
         “Creator Of The Bond VIX: It All Comes Crashing Down After 2025”
         (I think he is an optimist)

      2. In your discussion with the Corona Committee you mentioned that real estate disaster capital lacked names. This may be of interest:
         https://www.reddit.com/r/TruthLeaks/comments/67d26h/part_31_cliff_notes_awan_brotherhood_hillarys/

         1. Did not know anyone had made transcripts. Will post. Thanks.

            1. I have my own edited transcripts of around 100 of the last youtube videos before they got erased. I also have most of the GW videos.
               I was starting to work though the Reddit cliff notes when things went off the rails.

      3. Thanks for recommending the article ‘Thirty Tyrants’. Here’s a link:

         https://www.tabletmag.com/sections/news/articles/the-thirty-tyrants

10. Dear Catherine,

    One of you, I think John, mentioned the creation of a timeline and player’s list. Please let me know when that is available. I think it will be an excellent tool to show some of the people in my life who won’t sit for 2 hours. 😉

    I’d love to see a timeline of the coup from 1997 to now. That would surely be instructive and illuminating. We could go back 10,000 years but I think starting in 1997 would be enough for now. May be a good project for me.

    Thank you both for your incredible work!

    1. John’s timeline is available with the full write up at goingdirect.solari.com. Take a look at the chronologies at https://hudmissingmoney.solari.com and https://currency.solari.com. Those two provide a lot of what you want.

       1. Thank you very much. I really appreciate your time.

11. Mesmerizing encapsulation addressing “what they’re up to”.
    The crafty central bankers spiders web continuously weaving around us
    is caught in slow motion. Observe the evidence frame by frame-
    it’s aim to encapsulate us all. Of course those of us here –
    we are not surprised. Thank you Catherine & John Titus

12. Wow. Thanks for that comment about the Crucifixion. The events over the past year have confirmed exactly that in my mind.
    I’ll pass on the comment about Klaus Schwab and the Reset, because I think the old saying about “give me a child from the age of seven ….. ”
    Again, thanks

13. I am not quite done watching all of your talk with John Titus because I keep stopping to read The State of our Currencies and watch more of his videos. (Thanks for the hard copy, we got it). Though I had read much of The State of Our Currencies as a PDF it just lands differently in my brain, having the hard copy to read. You and John are doing a masterful breakdown of what The Great Reset has in store for us if we don’t start making some changes at the local level. I thought you would be most interested in what Dr. Lee Merritt has to say about the medical technocracy and authoritarianism of the medical field. She would make a great guest. Her latest speech is at her website. No one bothers to put stuff on YouTube anymore that has any truth to share. https://drleemerritt.com Susan

    1. Yes, have posted some of her recent videos. Thanks.

    2. Dear Michael
       Thank you for putting me on to Dr Merritt and for the link to her excellent video.
       I made two great screenshots from the end of her presentation, one being her quote from Dietrich Bonhiffer, ‘Not to speak is to speak. Not to act is to act.’, the other being a cartoon of people crawling.
       Dr Merrit mentions an article ’10 Reasons Why the Mafia is Better than the State’. I found the article. Here are the 10 points, and I hope you enjoy them:

       “The usual argument against a society without the state (anarchy) is that we would first sink into total chaos (another meaning of anarchy, yet not the right one) and then organized crime would take over.
       Let’s assume that this is true – which it probably is not – but let’s just look at it for the sake of argument, and we find out quickly that we would still be better off with the Mafia than the current ‘state’ of affairs.
       10. The Mafia has a sense of honor – when they say they do something then they do it. That is not the case with people running the state. (Ed. comment: this is self-evident if you look from which ‘professional’ group the members are generally recruited.)
       9. The Mafia’s code of conduct is simple and clear. There is no legal double-talk and not millions of rules and regulations.
       8. When two families of the Mafia go to war they do not create millions of fatalities as collateral damages. For the Mafia that would be just bad for business.
       7. Instead of conducting a war on drugs the Mafia is happy to provide quality products to those people who desire them.
       6. When you buy protection from the government, you get protection. The Mafia limits violent crimes in the area they protect instead of just giving you a phone number to dial when you become a victim of violence.
       5. The protection of the Mafia is much less expensive at 10 to 15% of your profits versus at least 40 to 50% for the current legal syndicate.
       4. Unlike the government the Mafia actually wants your business to succeed. They know that ruining your business makes you unable to pay for their protection. They also don’t impose a huge overhead of paperwork and force you to fill out reams of self-incriminating confessions (tax forms.)
       3. The Mafia will not keep you from having guns to protect yourself. The Mafia will gladly sell you the means to protect yourself.
       2. Different than the state the Mafia will not regulate what you do in your bedroom. Instead they will offer for sale all the things you might need to increase your enjoyment.
       1. Members of the Mafia have style, dress much better and are a lot easier on the eye than government bureaucrats.
       The added advantage of having the Mafia being in charge is that the ‘protected’ do not believe that the organized crime lords have a god-given right to rule us (as most people believe the government has.) This will make it much easier for competition which will then drive down prices – something that will always happen in a free society.”

       1. I did enjoy the points about the mafia. True story of a deceased friend, a Jew by birth, who grew up around the Mafia. He was a large young man at 16 and the Mafia father in the area thought he was Italian and recognized his strong intellectual abilities so put him to work as his accountant keeping track of bets and all the business of the family. At 22 he was in a severe motorcycle accident and had a NDE and met with Jesus. He wanted a different lifestyle than the sports car, rich real estate tycoon life he was living so he went to the Mafia Father, a good Catholic and explained his situation. The Father said, “Nobody leaves The Family alive and you know too much, but tell you what I’ll do. You always wanted to be a doctor, right? So, I will send Benny with you to Itally to medical school as your bodyguard and if I can see you will not ever speak of The Family business I will bless you to go on with your life as a doctor and not be part of The Family.” And that is exactly what happened. There is honor among thieves and more importantly, a heart. Not that I think their lifestyle is great, but I do believe Mr. Global’s is WAY worse. (Susan, Michael is my husband).

          1. My experience growing up around the Italian Mafia in Philadelphia is that they were honorable. One of the things I love about Wall Street back in my day. Your word was your bond. Not longer – one of the reasons that so much printing has to happen.

14. Some of you may enjoy listening to Patrick Byrne on the stock settlement. He goes into the business of naked shorts etc.

    https://www.youtube.com/watch?v=qtkaMx12otQ&feature=emb_logo

15. Pleased to meet you.

16. We outnumber them by something like 515,000:1. What are WE doing?

    1. Looked like good odds to me when I started down this road in 1991. Have been shocked at the reluctance to join those of us on the road. Looked like a better plan than going along. Still does. OPPORTUNITY EVERYWHERE!

       1. Received the hard copy Injection Fraud in the mail and then later read the Ellis Medavoy interviews by Jon Rappoport ( thank you for recommending his work ). Combined with other knowledge gained from having a Solari subscription – WOW. I see your point that there is opportunity everywhere – this is why I AM an optimist.

    2. Dear Jane

       In his poem ‘The Mask of Anarchy’ written in 1819 Shelly famously says, ‘Ye are many; they are few’.

       Do watch the short video clip ‘The Tiny Dot’ by Larken Rose.
       https://www.youtube.com/watch?v=IS9sxqsozjg

17. Catherine,

    I am only new to your content and I subscribed immediately after listening to your YT video where you explained transhumanism (Which was removed).

    I just want to say thank you, I am still learning how to best use this site.

    1. Thanks Goran. Perhaps the Solari Report this week will help.

18. What does it mean that the Federal Reserve and the Chinese Central Bank are working in lockstep to ending repo? I saw it in Bloomberg this week.

19. Thank you Catherine and John for this presentation. It is way above my brain grade but I listen and hope that I will truly absorb as much as I can from you both.Leslie

20. Dear Catherine,

    Given your discussion with John Titus, I have two questions: (1) Do you know for certain that the ownership of the PBOC is not private? (2) I have recently noted that my stock portfolio is slipping. Could it be that they are punishing retail investors for the recent losses of the Hedge Funds?

21. Catherine, I want to say that this interview was like a $500 per person conference and I got in for the cost of a Solari subscription. Logging into Solari is an educational opportunity. Thank you.

22. Could you comment on the potential impact of the GME short squeeze and it’s potential to create havoc?

    1. Suggest you read the last three stories on the situation at Wall Street Parade. This is not a “retail investor” phenomenon. I would note that Reddit has a !50MM investment from Tencent. With a new Administration, seems to me that Game Stop offers a serious opportunity for anyone with significant content who can benefit from that access.
       Will see how this plays. But it looks to me that the Dark Pools/NY central bank crew has set this up. Where they want to take it remains to be seen.

       1. Hopefully the underlying companies also find a way to benefit.

          https://www.businessinsider.com/gamestop-insiders-likely-cant-cash-in-stock-all-time-high-2021-1
          AMC, whose stock climbed 180% this week, went so far as to leverage the stock frenzy. It wiped out $600 million in debt when a private equity firm elected to convert its corporate bonds into AMC stock. Crenshaw said she thinks GameStop should try to address the situation proactively, like AMC did, rather than waiting out the storm. “There has got to be a way to use some of this to strengthen the company rather than wait for it to grow weak again,” she said.

          1. Check out Wall Street on Parade. Best coverage so far on the GameStop run up.

23. Catherine

    In my profession the conversations I have with with people that I train have a similar structure as the conversations you have with John. Let them take the lead and see what they can do and where it goes. John Titus is a fantastic addition. Our time on this planet is certainly well spent sharing knowledge and experience to those that want to know. Thanks for your many insights on building real sustainability in all areas.

    1. So glad you agree – John is a fantastic addition. Really loved this one.

24. well over a decade ago i was on a train in Switzerland, going to or from St Gallen, sharing a compartment with Kashya, a talkative & sexy East European woman who for some reason shared her views of the Swiss with me–“my husband is at the central bank,” she said, and with his friends they ran the country. The Swiss are guests in their own country, she explained. she claimed to be the wife of Philipp Hildebrand; i was impressed with her forthrightness but surprised by the arrogance. a few years later i saw her again, in the newspapers–
    https://www.politico.eu/article/central-bankers-in-the-line-of-fire/

    1. Fortuitous numerology for messages.

       Hildebrand’s wife, Kashya, exchanged 400,000 Swiss francs (€330,000) into dollars … If Enria were to resign or – God forbid – be forced out by a scandal in the near future, bank regulators everywhere would get the message: “Nice job you have there – it would be a shame if anything happened to it.”

    2. Yes, quite a story there.

25. “The Spider’s Web” is horrifying and I’m certain it can be replicated in the U.S. This explains absolutely everything that seems to be mysterious and unexplainable here. It’s a cancer. The solution would require people to awaken in mass. But as long as MSM is the primary ‘educator’ to the general public, I don’t see a viable solution. Perhaps starting a people’s news network quite unlike the bought and paid for NPR/PBS can be arranged?

    1. Hmmmm…that is what we all have been doing these many years.

       You will see in Dillon Read and the Aristocracy of Stock Profits describes how as the money went missing from DOD and HUD, the amount of money in the offshore havens grew by a similar amount.

       What a coincidence!

26. Looking forward to Jan 28!

27. Dear Catherine,

    I only came across your work relatively recently, but I’m delighted I did so. Thank you for everything you do to expose what’s really going on in the world.

    I was wondering if you (or any subscribers) could help me with the answer to a couple of questions, based on interviews I’ve heard you give.

    1) The concept of “perfecting collateral”. What exactly does this mean?

    2) You mentioned that the eighteenth/nineteenth century slave trades died out, not because they were abolished per se (as we’ve led to believe), but due to protests from insurance providers. Why was this?

    Thanks again,

    Thomas Curran

    1. Perfecting collateral is placing a lien against property so that buyers or subsequent lenders have notice there is a debt against the property. With real estate this is done with mortgages; personal property like cars have liens on the title. These are then recorded with the register of deeds, secretary of state and so on. This is how all are made aware of liens against property. You can’t do this with a person, however, unless perhaps you brand them. Even so, a slave can run away. Also, Catherine pointed out, the slave owners borrowed money on their slaves and then sold them without repaying the debt – basically the collateral disappeared. Insurance companies would lose money if they insured the slave owner or the creditor against the loss of a slave (collateral) for the same reason. Hence, their revolt and refusal – they only insure when the odds are in their favor.

       1. There was an incident where a slave ship hit the doldrums. The cargo wasn’t insured against death by starvation or dehydration. They were, however, insured against drowning – a risk that wasn’t too likely. The slavers threw the slaves overboard so they could collect the insurance. Another reason for insurance companies to revolt.

       2. Dear Pam,

          Thank you so much for taking the time to reply to my questions, much appreciated.

    2. Perfection under the law

       https://en.wikipedia.org/wiki/Perfection_(law)

       I said it was because of bank losses in the City of London and because the Haitian Rebellion could not be put down despite several attempts

       1. Thank you for the clarification Catherine, apologies for misquoting you.

          I just finished watching your interview with John Titus, fascinating stuff. I love his “Mafiacracy Now” video series. Looking forward to the future shows.

          You mentioned Bitcoin (briefly). I’m a Bitcoin bull, I expect it to continue to perform very well this year. However, I agree that it’s being manipulated and won’t last long term. Based on Bitcoin’s typical four year boom/bust cycle, my current prediction is that after it peaks this year, we’ll see yet another long “crypto winter”, followed by its final bull run in 2025. Once it inevitably crashes from there, I think it will be outlawed/disappeared in some way, and that’s the time CBDCs will be ushered in to replace it, and all the other cryptos that still exist at that time.

          Of course it could happen sooner (i.e., after this year’s bull run), but I don’t think Carstens, Powell, Lagarde, Georgieva and Co. are ready just yet.

          This is simply my best guess at this stage.

28. Looking forward to this report. Your interviews with John Titus are some of my favorites. Very informative!

    Thank you both!

29. I wanted to share this Celtic myth with you and all the subscribers here, Catherine:

    at the mountain at the end of the world, where the sun bids farewell to the land and to the day before he presses on to the land of the rising sun. There, a whole nation guards the gate they call a window. It is the last earthly entrance to that unmani- fested world from which we come forth as travelers into our mothers’ wombs. It is also said to be the window through which we pass after our sojourn in this illusion of time. That nation is called Ixtlan and they remember that all men are brothers past all pretense and arrogance. They are the “people of the window” to the present that is aeternal.

    1. Now that is fascinating.

       1. I heard you were possibly coming to the University of Reason to speak!

          1. Oh I just talked to my friends at the University of Reason- they run the Grand Theft World podcast as well.

             I look forward to hearing you there next month!

       2. A Master
          A master sees sleeping in all he encounters saying,
          “Awake! for morning in the bowl of night
          has flung the stone that put the stars to flight.
          Good morning!”

          Master is parapatetic.
          He or she walks around,
          encountering people along the street.
          When a master sees someone who is overly preoccupied
          with the material world, master smiles, and passes by.
          But when a master sees someone disturbed
          by what they’ve been taught to believe and what they
          remember in their own hearts as true,
          a master stops.

          “Good morning. I have come with a question for you.”
          “For me? You have a question for me?”
          “Yes. Do you remember?”
          “Do I remember? Do I remember what?”
          “Do you remember that you have the power?”
          “The power? Well, I don’t… Well, the power!”
          “Good, then I suggest that you use it!
          Oh, and if you should have questions about
          how to use the power, just call on me or
          any master and one of us will appear in your
          heart (in your own voice) and whisper the answer.
          Good day!”

30. you state the 2020 annual rap up report will be available on 1/6/21 where is it?? it’s not easy to move within your site. Please let me know what i’m missing

    1. Mike:

       The first audio published on 1/6. There is a 4 week roll out – one a week for the month. Each publishes with a commentary and then we add audio and transcript. They all link to the Wrap Up web presentation. The different sections are added throughout the month. If you link over to the web presentation there is material relating to the first three weeks. More will go up on Thursday for Going Direct. After the web presentation is finished, we roll them up into a magazine format – published in PDF and the hard copy.

       Hope this helps.

       1. Dear Catherine, This woman is simply incredible!
          https://www.youtube.com/watch?v=3mPIomjWwd4

          This is the Dr Lee Merrit Interview and it’s the best explanation i’ve heard so far about the virus and the vaccine and what to expect. Please include her in your circle. thanks!

          1. I liked the interview with Lee Merrit as well, however I remember thinking that someone should send her Catherine’s – Planet Lockdown Interview, because Lee apparently has not been introduced to the “Vaccine is not a Vaccine” concept and what “IT” actually is, and how “IT” theoretically is intended. I agree that Lee could be a valuable team member.

          2. Yes, good one. Posted. Thanks!

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