Part 1 NEW Extended Chat : Rocco & Catherine – What is Money?

Catherine Austin Fitts: Catherine is the president of Solari, Inc., publisher of the Solari Report, and managing member of Solari Investment Advisory Services, LLC. Catherine served as managing director and member of the board of directors of the Wall Street investment bank Dillon, Read & Co. Inc., as Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration, and was the president of Hamilton Securities Group, Inc. Catherine has designed and closed over $25 billion of transactions and investments to-date and has led portfolio and investment strategy for $300 billion of financial assets and liabilities.

Catherine graduated from the University of Pennsylvania (BA), the Wharton School (MBA) and studied Mandarin Chinese at the Chinese University of Hong Kong. She blogs for the Solari Report at

Rough Time Codes:

111:00Intro’s and background

11:00What is Money?

15:00Currency- Gold/ Silver

17:40: Gold has an intrinsic value that doesn’t depend on trust. Trust, meaning, as long as one can verify it is real gold, not fake, you don’t need to trust the person selling.

21:10– Hyper- Materialism. This refers to a culture removed or divorced from what an economy is really about. Are we mere hamsters on a manipulated wheel?

23:00 – Knights Templar. Historical aspects of paper money

25:55 – Banks use to print their own money

Edited By: Rajie Kabli

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