The Wisdom Tradition | a philosophy podcast

Interview | The Missing Trillions with economist DR. MARK SKIDMORE

January 10, 2026·1h 0m
Episode Description from the Publisher

I’m happy to share with you my recent interview with Dr. Mark Skidmore, an economics professor at Michigan State University who worked with Catherine Austin Fitts to investigate industrial-scale fraud taking place within the books of two massive federal agencies: the Department of Defense and the Department of Housing and Urban Development. They discovered TRILLIONS of unaccounted transactions, suggesting not only massive fraud but, at this scale, most likely also the existence of a secret parallel financial system, which finances the buildout of a massive underground complex of black projects. Upon the publication of their research, the federal government responded by implementing a new accounting rule that now exempts federal agencies from disclosing sensitive financial transactions - a move that has rendered the US financial system completely non-transparent and unaccountable (and therefore, undemocratic)Table of Contents:00:00 How Alex started investigating the topic of the Missing Trillions08:16 How Dr. Skidmore began researching the Missing Trillions and what he and Fitts discovered31:42 A discussion of the implications of the Missing Trillions34:49 How do they Missing Trillions interface with the UFO issue?44:59 Was Nazi Germany’s secret weapons think tank (“The Kammlerstab”) the prototype for what was later built in America?47:51 Covid Retrospective

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