At the end of May 2026, the US Treasury Secretary boasted on television that they had seized around one billion dollars of Iranian cryptocurrency, simply "grabbing" the wallets , and that some owners probably hadn't even noticed. In July, the Treasury Department froze another 131 million . This wasn't a mistake; it was a publicity stunt. Starting in January 2027, every American stablecoin issuer will be required to have this exact shutdown button technically available. Welcome to the Great Reset, self-service edition.

Former US Under Secretary of Housing and Urban Development Catherine Austin Fitts has been preaching for years that we are in the midst of a transformation that is siphoning capital upwards and dismantling the financial freedom of the masses. One might consider her a Cassandra. The only inconvenient thing is that her key points can now be found in legal documents, BlackRock papers, and EU regulations. And at almost every stage, the same name appears: BlackRock.

Welcome to the Great Reset: BlackRock planned, BlackRock bought, BlackRock managed, BlackRock made a fortune

The building plan was on the table in August 2019.

On August 1, 2019, the BlackRock Investment Institute published a paper with the innocuous title "Dealing with the Next Downturn ." It was authored by former central bankers, including former US Federal Reserve Vice Chairman Stanley Fischer and Philipp Hildebrand, president of the Swiss National Bank until 2012. The proposed solution is "Going Direct": the central bank should put money directly into the hands of public and private spenders, and monetary and fiscal policy should be coordinated. Three weeks later, the monetary policymakers met for a symposium in Jackson Hole . The most interesting detail is in the fine print: interest rates in Europe and Japan may be at their lowest point as long as physical cash still exists. You don't have to be a conspiracy theorist to understand who's in the way of this equation . On September 17, 2019, the New York Fed then pumped up to $75 billion into the repo market, months before anyone was even talking about a virus. BlackRock is selling this concept as an inflationary tool with an exit date. Who decides when the emergency ends? The central bank.

Covid as a redistribution machine

Then came the crisis, for which the plan had already been written. Six relief bills provided around $4,6 trillion , according to the US Government Accountability Office, while the Fed simultaneously inflated its balance sheet from about $4 trillion to nearly $9 trillion . And whom did the New York Fed hire on March 24, 2020, to buy corporate bonds with this money? BlackRock . Hiring the architect as the executor is what Washington calls expertise . According to the published terms of the contract, BlackRock was also allowed to use the central bank's money to buy its own bond ETFs, naturally on neutral ground with its competitors. The bottom line, however, looked different: According to a Fed study, around 200,000 more businesses than usual disappeared in the first year of the pandemic , primarily hairdressers, nail salons, and other small businesses. The researchers emphasize that this is fewer than feared. That's immensely comforting for the hairdresser. Fitts' claim that the closures were deliberately intended to create deflation is not supported by any document. The calendar, however, confirms that large businesses were propped up while small ones were shut down.

Welcome to the Great Reset: BlackRock planned, BlackRock bought, BlackRock managed, BlackRock made a fortune

Energy is the next pandemic

Fitts calls the current energy crisis the second wave of the same transformation. It is certainly real: The Strait of Hormuz has been largely closed since spring, and the US Energy Information Administration expects diesel stocks to remain below their five-year low well into 2027. This wasn't triggered by a central banker, but by war. Nevertheless, the spoils are being distributed according to a familiar pattern, just like in a perfect storm : The eight largest oil companies earned a combined total of around $93 billion in the second quarter of 2026 , almost twice as much as a year earlier. And it was those at the pump who paid the price.

The off switch is now called Stablecoin

Fitts sees the greatest danger not in central bank digital currencies, but in private stablecoins. The US has banned government-issued digital currencies by executive order and celebrated itself as a savior of freedom. At the same time, the GENIUS Act obligates every issuer to be able to freeze and seize assets upon request . It will come into effect no later than January 18, 2027.

Welcome to the Great Reset: BlackRock planned, BlackRock bought, BlackRock managed, BlackRock made a fortune

Finance Minister Bessent rejoiced: This would give billions of people access to the dollar, and demand for US Treasury bonds would skyrocket. Later, he predicted a tenfold increase in the market by the end of the decade. At the same time, Norway's sovereign wealth fund proposed withdrawing nearly $80 billion from US Treasury bonds. The professionals are leaving; small savers worldwide are supposed to fill the gap via a mobile app. And who manages the bulk of USDC's reserves? A BlackRock fund . Its CEO, Larry Fink, also serves as co-president of the World Economic Forum . He had the "ad interim" designation removed internally . Fitts' argument is cold: A central bank is bound by parliament, a private issuer only by its terms and conditions. Control remains with the state, accountability is privatized, financed by the crypto brothers.

After money, everything else comes under control.

Stablecoins are just the prelude. In his 2025 annual letter, Larry Fink wrote that every stock, every bond, and every fund could be tokenized. As a prerequisite, he specifically mentioned a digital identity . Coinbase CEO Brian Armstrong raves: Tokenized stocks open the US market to four billion people without brokerage accounts . In other words, the world's savings are to be channeled onto the same digital tracks whose stablecoin component already has a legally mandated off switch – complete with mandatory identification. Who profits from this is revealed in the quarterly report. BlackRock reported record assets of $15,3 trillion and a 31 percent increase in revenue in July 2026. Fink added that the depth of customer relationships had never been greater. We take his word for it. Plan, buy, manage, collect: four stages, one sender.

Welcome to the Great Reset: BlackRock planned, BlackRock bought, BlackRock managed, BlackRock made a fortune

The EUSSR does the same thing with a stamp.

On July 9, 2026, the European Parliament voted 416 to 169 in favor of negotiations on the digital euro . Most merchants will be required to accept it, but how much you're allowed to hold remains unclear. From July 10, 2027, business cash payments exceeding €10,000 will be prohibited ; deposits above this amount at bank counters will be reported to the authorities. Officially, this is only to prevent money laundering, for your protection , of course. The digital collar illustrates where this leads . Switzerland, on March 8, 2026, at least enshrined the Swiss franc and cash supply in its constitution with a 73,4% majority , while the more far-reaching initiative failed with 45,6%. A paper sign, but one that Bern would first have to publicly tear down.

Welcome to the Great Reset: BlackRock planned, BlackRock bought, BlackRock managed, BlackRock made a fortune

Secret books, transparent citizens

While every major cash transaction you make is supposed to be logged, the government that orders the shutdown button keeps its own books in the shadows. An economist at Michigan State University, together with Fitts, found $21 trillion in undocumented accounting adjustments in official Pentagon and Department of Housing reports for the years 1998 to 2015. This doesn't mean that $21 trillion has vanished, but rather that no one can verify its existence. The oft-quoted Rumsfeld speech of September 10, 2001, spoke of $2,3 trillion that could not be traced , not of stolen money. In 2018, the FASAB 56 standard followed , which allows government agencies to alter public financial reports to protect classified programs. Your wallet is to become transparent; its balance sheet can be retouched.

He who holds the cable doesn't need tanks

Fitts claims that central banks seize capital, labor, and freedom of movement every 80 to 120 years. This is an unsubstantiated rule; the counting method is inconsistent (from the founding of the Fed in 1913 to 2019) and inconsistent (from Bretton Woods in 1944 to 2019). However, Roosevelt's 1933 ban on gold demonstrates that states do indeed access savings during crises . Their antidote is therefore old-fashioned: use cash , keep analog avenues open, and park assets where they aren't tied to a leash. The Great Reset isn't coming with boots, but with an update. Anyone wanting to read the plan in 2019 could download it from the world's largest asset manager, which currently manages reserves and reports record figures. From January 2027, the off switch will be law, and the minister who has already authorized the seizure is boasting about it on television. They don't take your money away – they just make sure it was never really yours – and they call this "financial inclusion"!

They Will Turn Your Money Off! Incoming Stablecoins More Dangerous Than CBDCs - Fitts
They Will Turn Your Money Off! Incoming Stablecoins More Dangerous Than CBDCs - Fitts

Transparency note: Illustrations were created digitally and are for illustrative purposes only. This article has been editorially reviewed and approved.

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