"U.S. dollar reserve holdings have dropped close to $1 trillion in the last eight or nine months, and that’s on a global scale. What happens when reserves drop means that foreigners have been selling U.S. government securities. They are abandoning the dollar, and if foreigners are abandoning the dollar, the question is who’s buying them? The answer to who is buying the reserves is the U.S. Treasury itself. Specifically, it is the Exchange Stabilization Fund (ESF) within the U.S. Treasury.”
Listen to the full interview with Rob Kirby at the Solari Report - solari.com
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https://www.youtube.com/watch?v=104pzMuNA0E
By Catherine Austin Fitts
‼️ In West Virginia, the race for the office of Commissioner of Agriculture could have national implications for the local food movement…
Full Report: https://home.solari.com/special-report-roy-ramey-running-for-commissioner-of-agriculture-for-west-virginia/
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https://www.youtube.com/watch?v=EbG5DcP0l3Y
Listen to the full interview at the Solari Report - solari.com. Get Dr. Breggin's blockbuster report on Anthony Fauci and filing for Ohio Stands Up at breggin.com/
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https://www.youtube.com/watch?v=wFxZL65Nuvg
By Catherine Austin Fitts
One of the most revealing CBDC case studies the world has witnessed to date involves the experience of 230 million Nigerians last year when their government debuted the “eNaira.”
Full Report: https://home.solari.com/how-a-cbdc-created-chaos-and-poverty-in-nigeria-with-jan-m-fijor/
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https://www.youtube.com/watch?v=bNIBy-PiPRw
“The swarm is headed towards us” – Satoshi Nakamoto, when WikiLeaks started accepting Bitcoin donations
By Catherine Austin Fitts
This week on the Solari Report, join me for a fascinating conversation with Sarah Wiesner of Bitcoin Embassy TLV.
Interest in bitcoin is growing. One reason is the price. Bitcoin prices are rising with the market now approaching a market capitalization of approximately $25 billion - almost five times greater than the next largest cryptocurrency.
Another reason is government policies. With central banks and governments engaged in liberal monetary and fiscal policies, involving both debasement of sovereign currencies and encouraging the creation of paper gold and silver investment vehicles, a stateless currency that is self limiting in issuance appeals to investors weary of inflation and market intervention.
However, the Bitcoin market is tiny in financial market standards - we are still at the early stages of the development of this and other cryptocurrencies. At a market capitalization of approximately $34 billion, the entire cryptocurrency market is approximately one third of the market capitalization of Starbucks. However, if the SEC approves the first Bitcoin ETF capital flow will accelerate.
Whatever happens next, digital currency volumes are likely to grow supported by communities passionate about decentralization and financial privacy. According to research produced by Cambridge University in 2017, there are between 2.9 million and 5.8 million unique users actively using a cryptocurrency wallet, most of them using bitcoin.
The $64,000 question is whether or not a trustworthy digital currency can operate on a digital infrastructure and platforms that lack integrity, controlled ultimately by the leadership promoting a global war on cash.
Listen to the full interview at solari.com
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https://www.youtube.com/watch?v=Q33uXyroJcQ