First published at 12:03 UTC on June 10th, 2019.
“In a digital age, data about money is worth more than money.” ~ Nicholas Negroponte
By Catherine Austin Fitts
This week Patrick Wood, publisher of Technocracy News, joins me to continue our discussion on technocracy. Make sure you have first listen…
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“In a digital age, data about money is worth more than money.” ~ Nicholas Negroponte
By Catherine Austin Fitts
This week Patrick Wood, publisher of Technocracy News, joins me to continue our discussion on technocracy. Make sure you have first listened to our introduction to technocracy here.
This week Patrick and I take a look at Opportunity’s Zones – a US tax shelter investment vehicle authorized by the Tax Cuts and Jobs Act of 2017.
Opportunity Zones teams are prototyping technocracy’s “last mile” in the United States. As global capital returns to North America, opportunities in real estate abound. Entrepreneurs and investors can shift enormous unrealized capital gains out of tech companies and the stock market at a relative high and into real estate and related digital integration in communities at relative low prices.
Put aside your prism of national competition. Look at the world through the prism of digital control – the competition to own and access the satellites, telecommunications, information systems, software and AI that implement “the databeast” is reaching a fevered pitch. Or as Patrick says, “data is the new oil” and we are entering a new period of “digital depotism.”
The implementation and intense competition is accelerating globally. You can see it everywhere:
burdensome EU regulatory schemes from Brussels
an invasive social credit system in China
mandated systems and software overwhelming US healthcare, forcing consolidation of independent doctors
India’s aggressive push for biometric IDs, on line payment systems and cashless requirements
central banks world wide developing blockchain and cryptocurrency systems
DOJ and FTC assertion of control of Facebook, Google, Amazon and Apple before the 2020 election
central bank manipulation of market prices – gold, oil price, and interest rates
competition for the DOD Jedi Contract as Amazon
US targeting of Huawei – who will have back door access and win in the 5G roll out?
Snowden’s Exposure of NSA,..
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