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Navigating Reality with Dr. Mark Skidmore

Reality is that which, when you stop believing in it, doesn’t go away.” ~ Philip K. Dick

By Catherine Austin Fitts

Dr. Mark Skidmore is a professor of Economics and holds the Morris Chair in State and Local Government Finance and Policy in the Department of Agricultural, Food, and Resource Economics at Michigan State University (MSU). He also serves as Director of MSU’s North Central Regional Center for Rural Development.

Dr. Skidmore joined our event hosted by Rob Kirby in Toronto in August. He graciously took time before returning to Michigan to share his latest thinking about how to manage our “map” of reality. These insights reflect his journey from “official reality” to expanding his understanding of the world as a result of the financial crisis and bailouts, reviewing $21 trillion of undocumentable adjustments in the federal accounts, and witnessing the adoption of FASAB 56.

We discuss the challenges of understanding and navigating a reality and “official reality” that are increasingly divergent and how to avoid being misled by nonsense along the way. Based on my discussion with subscribers, finding a sensible approach to the fracturing of the world around us is of great importance.

Please e-mail your questions for Ask Catherine or post them at the Money & Markets commentary here. 

Talk to you Thursday!

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Upcoming Reports:

September 19, 2019 - A Hero's Journey with Linda Moulton Howe

From the Site:

Catherine’s Money & Markets Report: September 12, 2019

Hero of the Week: September 12, 2019 – Pamela Anderson

Let’s Go to the Movies: September 12, 2019 – American Factory

Join Catherine and Help Attorney Alan Phillips

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Just a Taste


Catherine’s Money & Markets Report: September 5, 2019


Special Solari Report: Truth Telling 9/11 with Dr. Niels Harrit & Thomas Meyer

An Anniversary Prayer – September 11, 2019

2019 Tea Time with Catherine
Portland, OR and Malvern, PA


Blast from the Past:  Human Communications Between Reality and Official Reality with Jon Rappoport


Inflation: How Bad Can It Be? with Rob Kirby

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.” ~ Herbert Hoover

By Catherine Austin Fitts

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What subscribers are saying about: Inflation: How Bad Can It Be? with Rob Kirby

"Dear Catherine

Thanks for another great interview.

As you say, the globalists want a one world currency. In order to achieve this they are supporting cryptos however they are also suppressing the gold price. I find it ironic because gold is really the original one world money.

(I heard somewhere that there is a difference between “the gold price” and “the price of gold” but the difference it not clear to me.)

I’ve read that China is taking advantage of the low gold price (or price of gold) to acquire gold on the cheap, their aim in acquiring gold is probably to establish a gold-backed yuan as an alternative to the US$. That doesn’t make sense to me. If that happens, then couldn’t the US simply print more dollars, buy the yuan, and thereby basically get the Chinese gold for free. Can you please briefly explain to me how this would work?"


"I recall the high inflation under President Carter and the subsequent high interest rates we had back then. So why do we now have high inflation but low interest rates? In the previous interview you had with Rob Kirby, Rob explained how interest rates have to be kept low in order to guarantee the banks’ profits on their interest rate swap positions. If I understood his explanation correctly, if interest rates rise then the banks stand to lose a bundle on their swap books. Considering the enormity of the banks’ swap books, given the choice between following an interest rate policy which will save the banks or save the economy, it seems obvious which one the Fed is choosing.

You mentioned your article “The Precious Metals Puzzle Palace”. It contains lots of good information, and is definitely worth reading."

"Great interview. Speaking of environmental wack-a-doodle-ness… and speaking of Canada… did you see the British Columbia’s Supreme Court ruling on the Dr. Michael Mann defamation law suit against Canadian skeptic climatologist Dr. Tim Ball? https://principia-scientific.org/breaking-news-dr-tim-ball-defeats-michael-manns-climate-lawsuit/ Ball challenged Mann, a Penn State University climate professor, regarding his ‘hockey stick’ graph which supposedly demonstrates global warming. Not only did the judge throw out the case, he also ordered Ball’s legal fees be paid. Quite a coup, actually, for those in the scientific community pushing back on misleading data used by climate scientists to push a climate change agenda."

See story here.

About The Solari Report

A weekly briefing with Catherine Austin Fitts and specialized experts, The Solari Report helps to navigate you through the shifting political and financial climates while building your wealth.  Learn more and subscribe here.

Nothing in this Solari Update should be taken as individual investment advice. Anyone seeking investment advice for his or her personal financial situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate investment strategy.

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