Catherine Austin Fitts | NARRATIVE #62 by Robert Cibis


(Improved Audio)

Mafia of the powerful

Filmmaker Robert Cibis questions the former US vice-minister and investment banker Catherine Austin Fitts about the mechanisms of the interplay between politics and finances. She reveals how massive systemic corruption leads to the replacement of democracy with orders and control, subtly at first and obviously in the corona crisis. Finally, the two discuss the simple stance that can be taken to minimize further damage.

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Hello, welcome to a new show, Narrative. I'm very honored and pleased to be here with Catherine Austin Fitts. We are in the Netherlands and we'll discuss today insights into the mechanics of our society, especially through investment and stories. Yeah, money stories. Money stories, which can be quite powerful, as we all know. And what I also saw is that everybody who talks about money talks about power, but is it really just power? No, so money is a tool. It's a financial system. Think of it as a toolkit. And it's part of the governance system and the power is in the governance system. But there's no doubt that the financial system is used for a variety of purposes, including incentivizing and controlling people.

So it's a management tool and you use it to optimize resources and manage resources and you use it to incentivize. You know, so when I used to be on Wall Street, we would never talk about how do you get to Rome? We talk about, OK, how do you engineer the money so everybody can make money going to Rome because then we can get to Rome? So it's really, you know, think of it as an incentive system. I mean, I thought of it as a shared fiction, you know, if it's just, at the end, it's nothing. It's just because you agree it's something, then it's something. Right. And, you know, if we agree that, you know, this table is the new god of our religion, it will become... It's the new god of our religion. Exactly. And if that piece of paper is money and we all agree on that, that's... But there's one difference because even if I don't believe that this money has any worth, but I know that that other guy believes it has that worth, I can use it and say, you know, I give you this and you give me these pies and apples, you know? Right. John Maynard Keynes explained the stock market this way.

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