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![Catherine Fitts: "There's been a huge effort to encourage retail to go into crypto...because they're trying to prototype... programmable money... [and] keep people away from the real assets... the game of growing the debt is over...[now] we're all [scrambling for] real assets" This clip of Fitts, an investment banker, former Assistant Secretary of HUD, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), is taken from an interview with Greg Hunter (Greg Hunter) posted to Rumble on October 18, 2025. ----------------Partial transcription of clip--------------- "There's been a huge effort to encourage retail to go into crypto, partly because they're trying to prototype the programmable money and make it attractive and profitable for people to go into programmable money. So part of it was that, but they wanted to keep people away from the real assets. "If you are the big equity holders and, managers and the central banks, you want to buy gold and you want to buy land without interference from, you know, retail buyers. So if you can get the retail investors going off and buying, you know, helping you prototype your programmable money, then they're not competing with you to buy the land and to buy the real estate. "The more you can suck them over into helping build your control grid and away from getting control of the real assets, which you, you know, now that you've printed so much money, you want to get control of the real assets. That's what they've been doing. "We've been issuing more and more paper, more and more debt, more and more derivatives, more and more financial assets, but that doesn't mean we're making that. You know, the acceleration of paper, is greater than the creation of new real assets. So we are creating new real assets because we're creating new businesses, new technology, but you're creating far more financial assets. "It's very interesting. The German finance minister at the meeting in Shanghai in 2018 said, very astute comment. He said, the debt growth model is over. There are no reforms now that are not real reforms. And what he meant by that is the game of growing the debt is over. And now, like in the game of musical chairs, we're all going to scramble to get control of the real assets. "Of course, that's when all the enormous profits started attracting people into distributive ledger programmable money, because you're trying to suck them out of the real assets over here to create your control grid while you jump in and get control of the real assets."](https://image.24vids.com/tw-1980322558051520958/amplify_video_thumb/1980320457812320256/img/hEqy9QckyUGMER19.jpg)
