Fed Defending Dollar No Matter What Crashes – Catherine Austin Fitts

“Catherine Austin Fitts (CAF), Publisher of The Solari Report and former Assistant Secretary of Housing (Bush 41 Admin.), says what is coming for the economy is pain–and lots of it.  CAF explains, ‘We are either in a major correction or we are going to go into a bear (market), and a lot of it depends on many different politics.  If you look at the money being pumped out . . . on climate change, on green energy, environment and all these different new sort of scams, it depends on how they inject money.  It’s either a major correction or it could turn into a bear (market).  There is no way to tell because it is purely political.’”(very thought-provoking discussion)

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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