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Interest Rate Swaps with Rob Kirby
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The Missing Money – How Would You Write the Movie? with Rob Kirby
Technocracy with Patrick M. Wood
The 2018 Annual Wrap Up: The Real Game of Missing Money Web Presentation

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“There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.” ~ Herbert Hoover

By Catherine Austin Fitts

Last week, I had the privilege of spending time in Toronto with Rob Kirby of Kirby Analytics.

Rob expects inflation to accelerate dramatically. I asked him to join me to talk about the current level of inflation and the sovereign treasury and central bank tactics that have been used to prevent hyperinflation to date. Given the extraordinary monetary and fiscal interventions underway, what are the tactics now available to offset a rapid acceleration of inflation? We connect the dots between various policies—such as lab-grown meat, the wacky “green new deal,” and $7 trillion spent on the Middle East wars—and the challenges of managing inflation.

There is no doubt that trade wars and “slowbalization” raise the likelihood that foreigners will send dollars back to the United States. Rob and I touch on some of the wildcards that could offset extreme inflationary pressure in the future—including war and breakthrough energy.

This is a wide-ranging discussion that will help you understand the push for technocracy and central control—and inspire you to build resiliency in the face of rising prices for basic necessities.

In Let’s Go to the Movies, I recommend Too Much Money for anyone who would like a basic introduction to inflation and currency debasement.

Subscribers can e-mail or post questions and story suggestions for Money & Markets for September 5th here.

Not a subscriber yet? You are invited to join here!

Talk to you Thursday!

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22 Comments

  1. They can certainly tell us we can eat dog food and that it will be plant-based, but it will not be plant-based. Dr. Gary Null, the only person I know who owns a 40 acre animal sanctuary in Florida doesn’t even feed his dogs, dog food because its unhealthy crap, he actually feeds all his animals at his sanctuary plant-based food.

    I detected a bit of cynicism in the tone of Mr. Kirby, as a former urban farmer, I encourage Mr. Kirby to visit an actual fruit farm or veggie farm like the one I used to have or even come to my home and check out my backyard homestead, why? to learn what plant-based really means. See it’s unclear to me if the cynicism is against vegetables or against these corporations.

    Today I made my delicious onion-tomato gravy which serves as a base for a lot of Indian dishes I cook. I used red onions from my own backyard and lots of tomatoes from my own backyard, still getting tomatoes in this late December, God bless Texas and yes, my onion tomato gravy, is plant-based. Come on down to my home, anyone, and learn what plant-based really means or you can probably visit the Fortunate Fruit Farm, the owners are Solari members, I am sure it would be very educational, I hope to visit them someday.

  2. Money Talks. We are in the midst of the confounding of that language comparable to the legendary Babel event. “They shall not trade lest they come to us for clearing.” Thus spoke The Lord.

    That’s my overview of the strategy at the top, based on the discussion.

    1. Yes. That is indeed it. This is why the “blockchain trance” is so very irritating.

      1. Seriously, it’s not hard picturing a strategy that lets cryptos proliferate, starting a chain reaction of failures in them, then rescuing the victims with a central bank model, screwing those in disfavor for conspiracy or whatever and then you don’t even have to print money. FASAB 56 sets the stage for currency without accountability. “Beware, the savage jaw… Of 1984!”

          2. PS: Cryptos are like The Titanic, the ship that “God Himself couldn’t sink!” It stands to simple logic that computers have or get the keys to open the coins for transactions, so they are ipso facto, not secure. That’s not even taking into account the slight time manipulations that now might be possible, where your code entries could be viewed just a few seconds before you actually enter them. They’re not doing this stuff for fun.

        2. John Dzwoncyk,

          Couldn’t agree more. The curtains are rising on the stage for the show to begin!

          1. S.electric
            The solution is analogous to the sentiment expressed in the rhetorical question “What if they gave a war and nobody came?”
            In CAF terms, “What if they offered treats and no one bit?”

  3. Great interview. Speaking of environmental wack-a-doodle-ness… and speaking of Canada… did you see the British Columbia’s Supreme Court ruling on the Dr. Michael Mann defamation law suit against Canadian skeptic climatologist Dr. Tim Ball? https://principia-scientific.org/breaking-news-dr-tim-ball-defeats-michael-manns-climate-lawsuit/ Ball challenged Mann, a Penn State University climate professor, regarding his ‘hockey stick’ graph which supposedly demonstrates global warming. Not only did the judge throw out the case, he also ordered Ball’s legal fees be paid. Quite a coup, actually, for those in the scientific community pushing back on misleading data used by climate scientists to push a climate change agenda.

      1. I would vote to not let the zombies put a crazy picture on you. Patty Hearst you are not.

        1. I just meant in terms of word formulation. I would go crazy, but can’t keep up with the world doing it.

  4. I recall the high inflation under President Carter and the subsequent high interest rates we had back then. So why do we now have high inflation but low interest rates? In the previous interview you had with Rob Kirby, Rob explained how interest rates have to be kept low in order to guarantee the banks’ profits on their interest rate swap positions. If I understood his explanation correctly, if interest rates rise then the banks stand to lose a bundle on their swap books. Considering the enormity of the banks’ swap books, given the choice between following an interest rate policy which will save the banks or save the economy, it seems obvious which one the Fed is choosing.

    You mentioned your article “The Precious Metals Puzzle Palace”. It contains lots of good information, and is definitely worth reading.

    1. A Note – I am in Nova Scotia and the power is out. I am told that 85% of Nova Scotia is without power today – so will be without electricity and local Internet for 1-2 days. I have enough juice on phone and laptop to post this message. So apologies if my responses are delayed. I have a full tank of gas so should have enough gas to get to the a power area. This is good practice. A reminded as to why I have a generator at my house.

      Andrew:

      Negative interest rates – grossly oversimplified – comes from central banks engineering significant monetary inflation and buying up sovereign bonds, corporate bonds and stocks. Greenspan says high saving rate due to demographics. Total BS. Fiat currency system is buying up the planet – including sovereign bonds. Interest rate swaps are a major tool to engineer the process as Rob has described. Then the governments direct the money into the various approved places and shut off others to help keep a lid on inflation. It is remarkably managed – and control files and entrainment are very big parts of it.

      1. Dear Catherine
        If things are really bad I hope you are able to see this. Please post a message on Solari if you need any money, food, supplies, a ticket or a rescue team. Or post a landline number where you can be reached. Please let me know if there is anything I can do or send to help.

        1. Doing great I travel with disaster recovery kit driving from Cape Breton today unspeakably beautiful listening to Bach cantatas for New Years thanks!?

  5. Dear Catherine

    Thanks for another great interview.

    As you say, the globalists want a one world currency. In order to achieve this they are supporting cryptos however they are also suppressing the gold price. I find it ironic because gold is really the original one world money.

    (I heard somewhere that there is a difference between “the gold price” and “the price of gold” but the difference it not clear to me.)

    I’ve read that China is taking advantage of the low gold price (or price of gold) to acquire gold on the cheap, their aim in acquiring gold is probably to establish a gold-backed yuan as an alternative to the US$. That doesn’t make sense to me. If that happens, then couldn’t the US simply print more dollars, buy the yuan, and thereby basically get the Chinese gold for free. Can you please briefly explain to me how this would work?

    1. Possibilities are endless, so don’t know the details on what the Chinese are planning. Will look more closely once I start researching the currency piece for 2nd Quarter Wrap Up – soon!

  7. CNBC says there is ‘virtually no inflation’ … so this will be another very important Solari Report.

    Can’t wait …

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