- Finance guru Catherine Austin Fitts warns that central bank digital currencies (CBDCs) are part of a plan to end all currencies and establish a slavery system
- CBDCs will rapidly usher in an era of taxation without representation, leading to the end of liberty
- Fitts believes that a deliberate takedown caused Silicon Valley Bank to collapse, in an effort by a variety of players to panic the public and cause a banking run
- By creating a banking run, many will take their money out of small banks and put it with the central banks that are at the root of the problem
- Leaving the banking system isn’t the answer — finding a good local bank or credit union, and using cash, is
In The Last American Vagabond video above, you can watch Agustín Carstens, general manager for the Bank of International Settlements (BIS), spell out exactly why globalists are promoting central bank digital currencies, or CBDCs, so heavily.
“[With] cash we don’t know, for example, who’s using a $100 bill today,” he says. “We don’t know who is using a 1,000-peso bill today. A key difference with the CBDC is that Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of Central Bank liability and also we will have the technology to enforce that.”1
The video features an interview with finance guru Catherine Austin Fitts — publisher of The Solari Report2 — who has warned that CBDCs are part of a plan to end all currencies. If that happens, a slavery system, steeped in the ideologies of transhumanism and technocracy, will be ushered in.
“We’re watching events that are within a framework, which is very engineered and planned,” Fitts says. “At the root of what’s going on today is there is a group of people who are trying to totally centralize control of all financial transactions on the planet — 100% — using digital technology.”3
Taxation Without Representation
“It’s a very rare moment when a central bank is telling you the truth,” Fitts notes, but Carstens’ statements did just that, detailing how central banks can enforce rules centrally “because it’s no longer your money, it’s our money — and we can set the rules on how you can use ‘our’ money,” she says.4
CBDCs will rapidly usher in an era of taxation without representation, leading to the end of liberty. By granting complete control of individuals’ financial transactions to central bankers, CBDCs allow the government to maintain complete control.
Without financial transaction freedom — the ability to transact with whoever you want, for any purpose — there will be no freedom, Fitts says. This is a key reason why we need to preserve cash. Right now, there’s a war going on between decentralizers, who are trying to preserve financial transaction freedom, and centralizers, who are fighting among themselves over who will be in control of the system.
“And, of course, every effort is being made by the corporate media to turn the rest of us who are trying to fight for transaction freedom to divide and conquer. And so it can be very confusing to watch this if you don’t see the gist of the main game,” Fitts explains.5
Central Bankers Hiding Behind Health Infrastructure
Part of what’s going on behind the scenes is what Fitts refers to as the Going Direct Reset — the “wholesale plan”6 of The Great Reset, which has been packaged for “retail” sale to the masses. The Going Direct Reset is detailed by John Titus on the Solari Report,7 but it involves the massive amounts of money — $3.5 trillion over a few weeks — injected into the economy in 2020.
That money was largely used in a way to build out only certain sectors — like space, the smart grid and health infrastructure — while starving others. This is another facet of gaining control and also involves the rollout of digital passports under the guide of keeping the population healthy and safe. Fitts explains:8
“Essentially, build out the infrastructure of control. Get everybody on an electrical grid … and we see this dance between finance and health care. If the central bankers had to do all the centralizing control with money they would end up with everybody coming at them with pitchforks, and so they hide behind health.
We see this use of the health infrastructure basically to build the train tracks of control. So, for the central banks, for example, to do CBDC they need a digital ID. Well, you get that because you’re trying to make everybody safe, right? … So we’ve had this dance during the Going Direct Reset of using health to justify more central control.”
Was the SVB Banking Collapse Deliberate?
During the pandemic, you had the Fed pumping a massive amount of money into the economy, while one-third to half of U.S. small businesses were shut down in the name of public health.9 This wreaked havoc with people’s loan portfolios, but what caused Silicon Valley Bank (SVB), the 16th largest in the U.S.,10 to collapse?
“At Silicon Valley Bank (SVB),” Fitts says, “you have the biotech and life sciences and the tech IPO pipeline that literally sort of explodes in the bubble, and then when the bubble’s over it kind of shuts down.”
That was one aspect. Meanwhile, Fitts says, 49% of the small businesses in San Francisco shut down, “so if you’re SVB loaning to just small businesses in the Silicon Valley area … that could be as much as half your loan portfolio.”11 However, ultimately Fitts believes the collapse was a deliberate takedown — not the result of a traditional bank run:12
“We had a takedown at SVB. There’s a game going on and … what it turned into was an effort by a variety of players to panic everyone into believing … that this was going to turn into a wider contagion run.
Now if you do look at the numbers on the banking system, if interest rates continue to stay high for a long period of time and a lot of banks have to run a negative arbitrage, that’s a problem … so you’re going to have banks that get into trouble and end up going out of business in that situation … but it’s not necessarily true that interest rates are going to stay up … we don’t know.”
Creating Financial Panic Drives Business to the Criminals
The panic created over instability in the banking system may also be part of the plan. By creating a banking run, many will take their money out of small banks and put it with the central banks that are at the root of the problem:13
“To get complete control, you’ve got to kill the small guys. You’ve got to kill the small farms. You’ve got to kill the small businesses and you’ve got to kill the small banks.
So, we use the health care game to shut down the small businesses and the farms — not because they’re less productive but because the guys running the game could pick up huge market share and make a fortune stealing their businesses and picking up their asses cheap …
You pump money into your pals and then you shut down your enemies, and then your pals can go pick your enemies up for cheap … so we shut down the small farms and small business … and now we’re ready to shut down the small banks.
Now, if you’re the top guys and you want to play this game, who better to shut down the small banks than panic on all the small bank depositors and scaring them and getting them to walk their deposits across the street to the criminals? … What they’re trying to do is get all their neighbors’ cattle to stampede into their corral.”
If the globalists take over, which is all but guaranteed if they control the financial system with CBDCs, they can institute worldwide slavery. But unlike in the past, technology now exists to keep track of people’s every move and control their ability to live in the modern world if they don’t obey. Fitts says:14
“The greatest most profitable business in the history of the world is slavery, more than mining, more than anything else. Slavery. That’s what this is about. Digital technology solves all the bad problems they had with slavery the last time. All those problems you can now solve with digital technology.
You can perfect your collateral — if I can implant a chip in you … then I can collateralize you. I can perfect my collateral as a banker and now we’re off to the races. I can build a slavery system and with robotics, AI and automation, I can manage it.”
How to Find a Good Local Bank
Fitts stresses that leaving the banking system isn’t the answer — finding a good local bank, and stashing your cash in a variety of places, is. While you’re there, let bankers know about the dangers of CBDCs. The Solari Report even has a template letter15 you can use to inform your bankers about the downsides of CBDCs. It reads, in part:
“It strikes me that creating a different, yet centrally controlled fiat currency that can be created from thin air and manipulated by unelected central bankers does not promote U.S. financial stability or provide citizens with consumer and investor protections — except in the sense that totalitarian governments can be financially stable through the power of taxation without representation and the ability to micromanage and regulate the spending of families and small enterprise.”
The bank or credit union you choose should not have a record of criminal behavior. Next, just as it’s a good idea to get to know the small farmers growing your food, it’s a good idea to get to know the people running your local bank.
The “No. 1 criteria is are they well managed? Are they well governed? Who owns, who manages, who’s on the board?” Fitts says. “What is the quality of the people and their experience and expertise?”16 The second criteria to look for is a steady deposit base.
“You want to look at the deposit base, you want to look at the loan base, you want to look at the investment portfolio,” according to Fitts. “And then you want to make sure that in the investment portfolio, or in their accounts, they have enough short-term investments and cash … it’s like a train. People get on and off, and you want them to have enough liquidity so they can handle the ups and downs.”
Fitts encourages everyone to get to know their community bankers and credit union executives. “If you’re concerned about your bank, go talk to your bank. If they’re doing a good job, they will answer your questions with confidence.”
How to Stop CBDCs
One of the top ways to stop CBDCs, in addition to ditching large, multinational banks in favor of trustworthy local banks or credit unions, is to use cash as much as possible, and not frequent shops that don’t accept it.17
You want to have your cash spread out, starting with keeping cash on hand in your home, ideally in a fireproof safe. Then you can expand to a safe deposit box at a bank, a small, local bank or investing in silver and gold coins. Meanwhile, talk to the people in your local community about why you’re using cash.
“Start using cash, and as you use cash talk to the small businesses that you frequent — small restaurants, small farms — and talk to them about how we can work together as customer and business to improve our endurance and resiliency and well-being,” Fitts says.18
Helping to build out your local food sources is also part of the solution, since having access to healthy food is critical to maintaining health and autonomy. “Anything you can do to build out the local food markets so that we can’t get cornered and be dependent on our enemy for food, it’s going to make a big difference to freedom,” she explains.19
There’s still time to defeat the globalists and maintain life as we know it. So, rather than feeling defeated, recognize that the opportunity exists to win this battle, one action and one individual at a time:20
“Understanding this can be completely overwhelming and depressing, but the thing I want to encourage everybody to understand is facing it … is the doorway that you walk through. And the grief you experience to get to the other side and realize there are real solutions. Because in the official narrative there are no real solutions, but if you face reality, there are real solutions.”
- 1 Odysee, Catherine Austin Fitts Interview March 31, 2023, 0:53
- 2 The Solari Report
- 3 Odysee, Catherine Austin Fitts Interview March 31, 2023, 3:46
- 4 Odysee, Catherine Austin Fitts Interview March 31, 2023, 4:24
- 5 Odysee, Catherine Austin Fitts Interview March 31, 2023, 6:06
- 6 Odysee, Catherine Austin Fitts Interview March 31, 2023, 9:42
- 7 Solari Report, Summary — Going Direct Reset
- 8 Odysee, Catherine Austin Fitts Interview March 31, 2023, 7:50
- 9 Odysee, Catherine Austin Fitts Interview March 31, 2023, 11:59
- 10 Yahoo Finance March 10, 2023
- 11 Odysee, Catherine Austin Fitts Interview March 31, 2023, 12:18
- 12 Odysee, Catherine Austin Fitts Interview March 31, 2023, 43:22
- 13 Odysee, Catherine Austin Fitts Interview March 31, 2023, 45:08
- 14 Odysee, Catherine Austin Fitts Interview March 31, 2023, 32:10
- 15 The Solari Report, Template Letter to Bank December 14, 2022
- 16 Odysee, Catherine Austin Fitts Interview March 31, 2023, 35:34
- 17 The Solari Report Jauary 15, 2023
- 18 Odysee, Catherine Austin Fitts Interview March 31, 2023, 1:01
- 19 Odysee, Catherine Austin Fitts Interview March 31, 2023, 1:02
- 20 Odysee, Catherine Austin Fitts Interview March 31, 2023, 55:59
Bypass Big Tech Censors
Two Storms, One Harvest
Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.
What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.
Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.
This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.
Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.
Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.
The Fertilizer Clock Is Already Running
While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.
The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.
Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.
The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.
Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.
The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?
The System Has No Slack Left
The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.
Today’s supply chain challenges are tomorrow’s hunger crisis.
There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.
The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.
What Joseph Knew
Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.
Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.
Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.
Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.
None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.
Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.

