Tom welcomes back an always interesting guest who dives deeply into various financial topics; John Titus. Several key topics were discussed, including the banking crisis of March 2023, federal debt, central bank independence, and the implications of the Fed’s policies.
Titus began by revisiting his prediction of the banking crisis, attributing it to the Federal Reserve’s quantitative easing program during the pandemic. He explained that this led to a surge in commercial bank deposits, which ultimately caused instability when large deposits were withdrawn from banks like Silicon Valley Bank (SVB). Titus emphasized that these massive deposits, often exceeding $1 billion, were uninsured and posed significant risks when withdrawn rapidly.
He discussed how the Fed’s actions during the pandemic injected liquidity into non-bank entities, leading to a buildup of deposits in commercial banks. This created a situation where the failure of SVB was inevitable due to the withdrawal of large deposits.
Moving on to federal debt, Titus expressed concern about the growing U.S. debt and its sustainability. He highlighted that the Fed’s policies have led to a system where debt is used to finance government operations, creating a cycle of borrowing to cover interest payments. This spiral could lead to fiscal insolvency if not addressed.
The discussion then turned to central bank independence and the implications of a Biden administration memo emphasizing central bank autonomy. Titus argued that in the U.S., the Federal Reserve is not truly independent but rather an agency under Congress, which has the constitutional authority to oversee it. He warned against efforts to model the Fed after systems like the European Central Bank, which operate independently of national governments, as this could erode democratic accountability.
Titus also previewed his new series, “The War for Bankocracy,” which explores the history and power dynamics of central banks. He emphasized the importance of constitutional governance over monetary policy, arguing that Congress must maintain control to prevent abuses of power by central bankers.
Throughout the interview, Titus stressed the need for public awareness and engagement in monetary policy decisions, urging listeners to stay informed and advocate for transparency and accountability in how debt and money are managed. His analysis highlighted the interconnected risks posed by federal debt, banking instability, and central bank autonomy, emphasizing that these issues require immediate attention to prevent further economic crises.
Time Stamp References:
0:00 – Introduction
0:48 – Predicting Bank Failures
4:12 – Bank System in 2025
6:43 – Risks or Manipulation
10:06 – Fed, Deficits, & Austerity
12:43 – Fed & Fiscal Dominance
15:05 – The Debt Spiral
20:15 – Extinguish Debt?
23:40 – C.B. Gold Reserves
25:57 – U.S. Rates & Debt Rollover
27:07 – Treasury Dealers
31:25 – Fed & Inflation
34:59 – Neverending Puzzle
36:30 – Debt Solutions?
40:00 – Reverse Repo Status
45:15 – Fed ‘Independence’
50:00 – Biden Memo Concerns
52:26 – C.B. Independence
55:20 – Bankocracy Series
Guest Links:
SubStack: https://bestevidence.substack.com/
Rumble: https://rumble.com/c/c-1843407
Odysey: https://odysee.com/@BestEvidence:b
YouTube: https://www.youtube.com/@BestEvidence
Bankocracy Series Episodes: https://www.youtube.com/watch?v=y-fPI_tleUo&list=PLXr4cxq6ih6DbS8NIMK3nAiEM8AggZ_DQ
John Titus holds a masters degree in electrical engineering as well as a law degree and he uses these to pursue his “day job”. However, John is also a staunch critic of central banking the federal reserve system and his diligent research has uncovered numerous lies and deceptions from the U.S. Federal Reserve regarding their actions/policies since 2008.
John is the creator and executive producer of the “BestEvidence” YouTube channel and all of his documentaries can be found there.
BestEvidence seeks to chronicle major financial forces and legal changes behind America’s last days as a sovereign republic, as the rule of law is destroyed and the American people are disenfranchised and looted in broad daylight.
In contrast to mass media outlets that rely without exception on propaganda (comprising innuendo, spin, emotion, cropped or partial data sets, agenda-driven conclusions, “expert” opinions from people with undisclosed financial interests, ad hominem attacks—all erected on a divide-and-conquer left-right platform), BestEvidence will present issues based on facts and source data.
