Catherine Austin Fitts:
"The bankers [have] put Trump in to get the control grid for them... [but] everybody wants... their own control grid. The Chinese and the Russians don't want the City of London controlling their CBDC... [so these powers are] fighting with each other."
This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (@solari_the), is taken from a discussion with CapitalCosm (@CapitalCosm) posted to YouTube on January 10, 2026.
----------------Partial transcription of clip---------------
"What happened was, when the administration came in, I had said in 2024, the bankers are going to put Trump in to get the control grid for them. And in fact, that's what happened. But it was moving so quickly, Danny, I literally, I would do an interview like this, and I couldn't remember all the things he'd done last week. They were moving so fast.
"So we just started to make a collection and I could send people and see it, but it's remarkable the speed. They're moving in three areas. One, they're trying to get a digital ID through the REAL ID system. Two, they're trying to get programmable money. And instead of starting with CBDC, there's too much backlash against that. They want to do stablecoins and asset tokens, making it programmable and do it that way. And then I think down the road they'll do CBDCs once they get that going.
And then the third is they have to put the local infrastructure. So they need the Flock cameras, they need the increased telecom override of local whatever, and all sorts of hard infrastructure, including the data centers. And now, as people can see that, they're beginning to push back. Now, are they ready to implement the control grid? No, but they're on their way.
"And is it too late? Can we stop it? Yes, we can stop it. And one of the reasons we can stop it is if you look at all the people who are building it and financing it, it's us, right? So they're a small group of people.
"And, one of the things I'm seeing, at least in the local areas, the more people realize, you know, when I first tried to warn people about the control grid, people of means truly believed, oh, I don't need to worry about that. I have enough money. I can, you know, my money will solve the problem.
"And when I was working on Wall Street, that was true. You can make enough money, and then the tyranny and the corruption wouldn't. Couldn't get to you. You could protect yourself and work around it. Right? Okay, but now we're talking about a system. When it locks into place, I can have five gazillion dollars and they can just take it.
"I mean, that's what happened to me in 1998. I remember it well. So, this is a whole different model. And what I'm seeing are more and more people saying, wait a minute. You know, this kills the goose that lays the golden egg. I'm not going in for this. Now that model is being snapped into place all around the world.
"And the fights you see are not, you know, the BRICS saying, we want to be free, and the Empire saying, we want to do the control grid. Everybody wants to, to control their own control grid. You know, they, the, the Chinese and the Russians don't want the City of London controlling their CBDC. Do you know what I mean? So, now here's what's funny. The worse this gets, the more they start fighting with each other."