Skip to main content

Rising Risks. Digital Currency and National Capital Accounting

Above: Marlo Oaks, Utah State Treasurer and Catherine Austin Fitts, Founder Solari Report. File images. 13 June 2025.

I attended a dinner on 13 June 2025 hosted by Marlo Oaks where Marlo's guest was Catherine Austin Fitts, former investment banker and now free market activist (see following link on Solari Report)

Solari Report – Actionable Intelligence for a Free & Inspired Life

Marlo and Catherine join as allies to address a growing concern that such initiatives as digitization of the financial system and national capital accounting pose growing risks to individual freedom and threaten democratic processes. Catherine was recently on Tucker Carlson (see following link)...

Catherine Fitts: Bankers vs. the West, Secret Underground Bases, and the Oncoming Extinction Event

...where she warned that increasing centralization of the financial system enables greater control over individuals' financial transactions and personal autonomy.

Marlo, a nationally known figure credited with playing a major role in forcing the retreat of ESG investing (Larry Fink once cooled his heels in Marlo's Utah Capitol Building reception area while Marlo completed a phone call), is now concerned that, among others, the rising specter of national capital accounting involves attempts to impose environmental regulations through financial markets, circumventing legislative oversight. Oaks believes these initiatives push ideological agendas, such as climate change mitigation without democratic accountability.

I am much appreciative to Marlo for his including me in this dinner discussion. It was great to meet Catherine. I am impelled to dig deeper to better understand the concerns raised by Catherine and Marlo. I hope to ask them both to speak at LSDM (Marlo for the third time) to apprise LSDM ROMEOs of the risks of digitization of financial assets and national capital accounting.