Just within the first half of Biden’s term in the White House, gas prices have soared, the Southern border has been overrun, inflation has hit record highs, and a recession is quickly approaching. Not to mention the massive wave of crime and violence that is showcased every night on the local news. Still, as the Biden administration claims they are doing everything within their power to help citizens and families, Catherine Austin Fitts admitted that the problems plaguing America are not by coincidence but an agenda to eradicate the middle class.
Speaking about the current shape of the country with Greg Hunter of USA WatchDog, Fitts, who was once the United States Assistant Secretary of Housing and Urban Development for Housing under former President George H. W. Bush, noted, “This is part of the going direct reset. So there’s an official narrative. And the official narrative is they said, they’ve got to stop inflation. But in fact, let’s look very simply at what happened. They voted on the going direct reset, then they injected $5 trillion into the economy that went to the insiders, then they used COVID to shut down the part of the economy run by the outsiders or owned by the outsiders. Now the insiders have a huge amount of cash. And now, the million small businesses put out of business, those owners are trying to get back on their feet and start a new business, but they’re going to radically raise the cost of capital to the outsiders.”
Having no other way to put it, Fitts declared, “This is not a recession, this is a war. And the Fed has now ended what’s called the Fed Put. When you inject $5 trillion into the economy and do it directly, not just on the reserve track, but directly, that was part of what was so unprecedented about the going direct reset when you do that, everybody knew you’re going to kick off tons of inflation.” She added, “This is really going to put the squeeze on the middle class. So everyone knew exactly that this was going to happen, this was known. And, and the reality is, if you want to roll up central control, this is how you do it. You basically squeezed the middle class out of existence. So this is war.”
It wasn’t just the recession that worried Fitts as she also discussed the push for gun control and banning certain assault rifles. “I think people know that they’ve stolen a great deal of money, and now they’re going to come to try and get their land, and they’re gonna try and get their kids…They know that these guys want to steal their assets, and the reason they haven’t been able to do it…[is] because America is too well-armed.”
The full interview can be watched below.