14:11 Bull crappy, but this when I hear this all about the money. Yeah, it's all about the Moolah yeah It's all the same sector now before we do any more kovat Stuff I wanted to play a couple of clips from this Katherine Austin Fitz who we know We've talked about her on the show for many years just to give us a different context and perspective On all the stuff that we have from the mainstream And what were supposed to be afraid of and how we're all going to die, and this is from the documentary Lockdown are you familiar? You know who Catherine Austen fits in
14:50 Yeah, I've seen her. Yes, I don't recall us ever Oh yeah, oh yeah Years ago years ago and that's when she was made out to be a kook in a nut job And she used to work at Housing and Urban Development, thinks she was an undersecretary. And then she ran a... or she was involved high level with investment banking. Then she started her own consultancy and puts out the Solari report Anyway, so she's been discredited for a long time as being a nutjob and I think it was probably around 2008 you know the financial meltdown. And she is now a financial advisor It looks like this interview was shot in Amsterdam for some reason that kind of came across that way to me And she ties together the coronavirus
15:47 and what is happening with central banks. We've been following for quite a while now, for months and months this talk of FedNow, this talk of the digital dollar it showed up in bills now you've got the Banking For All Act which specifies this in detail we have the Digital Euro being hyped by Fifi Lagarde, the IMF calling was a new Bretton Woods. I mean, clearly this stuff is going on in the financial systems and she ties it all together at her whole interview is like 45 minutes just have a couple of clips and here is the first one where she explains really brings those three together and then you go into detail so we had a global reserve currency system the dollar and it needs to evolve and change
16:38 long of the tooth. There's lots of unhappiness with the system and the central bankers are trying to bring a new system, and to do it they're trying to extend the old and accelerate the new, and it makes it a very chaotic thing since much of the new is being tested and tried and prototyped in it involves many different industries so I describe the new system as the end of currencies. So we're not bringing in a new currency, we're essentially bringing in a new transaction system that will be all digital and essentially end currencies as we know them. What they are trying to do involves essentially all the money on the planet so it's big, it's complicated, it's messy and the challenge they have is how you market a system
17:26 that if people understood it, nobody would want. And of course the way you do that is with a health care crisis." This to me rings true I don't know how you feel about it but sure seems like if you add some great reset sauce in there and that could be kind of what's going on and we're gonna build back better with a different financial system We've had this Swift System under attack so I find this credible And for her then to say, well what we do now in order to make this work and extend the old system. I mean clearly printing a lot of money, I don't care how immunized it is according to the New York banker but some kind inflation has to ensue somewhere if even artificial because people believe it should
18:16 And the way to do that, to then bring in the new system which I think is what we saw on the CARES Act was let's get the stimulus to people with a digital dollar. Let's do it quick! Let's do it now and they weren't ready for it so... It's a good extrapolation of what I think we've seen and how do we use the COVID in this? Well as a control mechanism What COVID-19 is, is a institution of controls necessary to convert The planet from democratic process to technocracy. So what we're watching is a change in control and in engineering of new control systems. It's much more like a coup d'etat than ours, so for 20 some years in the United States we've had a financial coup d'etat and we knew at the end of 1995 a decision was made to move much of the assets and money out of the country that was part of sort of bubbling the global economy with globalization
19:16 and they knew that once they'd finished moving all those assets, that they would have to consolidate and change the fundamental system. So after the financial coup you've stolen all of the money in the pension funds, you've stolen all of the money in the government, and now rather than turn and tell people well we stole your money, you need an excuse that will allow you to consolidate and change the fundamental system so you have a magic virus And the magic virus says, oh you know we have to fundamentally change the system. You know thanks to the magic virus there's no money in Social Security. Thanks to the magic virus there is no money in the treasury and you have your perfect magic excuse. Everything can be blamed on the virus? Yeah yeah! The magic virus can...you know it's amazing because every
20:01 implication of the financial coup has been magically solved by the magic fire. If you're a financial person and you look at the world through the mathematics of time and money, it's quite amazing that anybody believes it but they do. Thoughts so far? Sorry? Thoughts so far? I think this is nonsense but really interesting. Really okay well I've never been a big fan of some of these ideas just don't think they're accurate. The idea that You know, in fact your comment that because we think there's going to be inflation there will be inflation has not held true. No? Since QE1. Oh that's true yeah you're right and it never did. That's true well so for sure we don't know how to forecast I think we can agree on that no one knows how to forecast what's going to happen but