The Threat of Financial Transaction Control
Catherine Austin Fitts | The U.S. Federal Reserve and its central banking allies are engineering unprecedented changes in the financial system. How do we know this? Because they speak openly about what they intend to do. | I want to show you three 1-minute videos today that describe the vision of total central control currently being implemented by the central banks. ● The first is a clip from an IMF panel in October 2020. The speaker is Agustín Carstens, the general manager of the Bank for International Settlements (BIS) in Basel, Switzerland. The BIS is the central bank of central banks, which enjoys the powers of sovereign immunity. The Federal Reserve is one of 63 central banks which are BIS members, including the Bank of England, the European Central Bank, and the Bank of China. In this clip, Mr. Carstens is describing the nature of central bank digital currency or CBDC. The BIS is leading a global effort to implement CBDC, including a partnership with the Federal Reserve. Let’s see what Mr. Carstens says about where he hopes our money is going.