David’s right about the structure. Most people don’t actually hold their assets directly anymore. You hold a claim against a custodian, and that claim sits inside a system that can rehypothecate and repledge it.
— Catherine Austin Fitts (@austin_fit76995) May 25, 2026
Where I’d add to this: the reason that system was built that way… https://t.co/79Y34QRwwL
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