Ep. 2427a - The Economic Trap Has Been Set, [CB] Fiat Exposed
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Hi, and welcome to the show.
And welcome, your host.
You're listening to The X22 Report.
My name is Dave, and this is episode 2427A, and today's date is March 15th, 2021, and the title of the episode is The Economic Trap Has Been Set, Central Bank Fiat Exposed.
Let's talk about retirement.
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Let's get into the economic collapse financial news.
Now, what we need to understand is that Trump and the Patriots, their main agenda here is Is to destroy the deep state, the central bank, the corrupt politicians system.
And this system is not just a couple of arrests.
The system involves the economy, involves the swamp, involves non-elected leaders, involves the central bank going all the way to the top.
And Trump's plan is to trap each one of these different sectors of the entire deep state and their system.
And you can see that he's using all their weapons against them.
Go back when Trump was first president in 2016.
Everyone was out there saying, well, my God, he's taking responsibility for the stock market.
The stock market's going up.
It's going to pop.
It's going to be in a bubble.
It's going to crash.
It never happened.
Why?
Because Trump, he controlled the central bank illusion during this period of time.
He knew their playbook.
He knew how it worked.
He had the magic wand.
And the market never came down.
Now, what did Trump do?
Trump turned everything around on them.
And what have we seen since the pandemic?
Since the pandemic, he had the ability to bring manufacturing back to this country.
He had the ability to remove a lot of regulations.
He had the ability to do quite a bit.
And during this pandemic, those Chinese investors, well, they've been losing money in American corporations.
What better way to force foreign influence in a corporation than to have the company do terribly?
Look at AMC, for example.
What has been happening there?
Well, we know that the Land Wanda Group, they invested in AMC. They were one of the major holders of the stock in AMC. And AMC came out and they reported they lost about $4.6 billion for 2020.
Now, what is the Wanda Group doing?
Well, they decided to sell off a lot of it.
Because the company is not doing well.
Yes, they still have a stake in it.
But they were forced to take their money out of the company.
And I do believe that Trump and the Patriots, this was part of their plan.
To get foreign companies out of the US companies.
And they used the pandemic to their benefit.
Just like they've used the pandemic to their benefit in other ways.
Yes, the deep state, they used the pandemic.
They created it out of statistics, out of fear, and they ruined a lot of people's lives.
Because the deep state, you have to remember the central bank, they don't care about the people's lives.
They have no allegiance to a country, to a group.
Their only allegiance is to profit, period.
That's it.
And we know what their plan has been.
Their plan is to keep the US down.
They don't want the US doing well.
They don't want the US to be a shining light on the hill where other countries are looking up to it and saying, oh my God, we want to do exactly what the United States is doing.
They want the United States to fall in line with all the other countries.
This is why they're rushing and moving so quickly to reverse everything that Trump did.
Now remember Trump he was very strategic with the economy.
He wanted the economy to look amazing.
He wanted the people to feel it.
He wanted people to have money back in their pockets.
He wanted people to have that money and use it to spend in all different places.
And this is exactly what he did.
People were feeling great.
The unemployment numbers were really, really low.
And what did the deep state, what did the central bank do?
They needed the pandemic to shut him down.
They tried to crash the economy.
During the pandemic, this is why George Soros was out there in January letting everyone know the market is in a bubble.
It's going to crash.
It never did.
They tried.
And they tried again.
And again, they could never do it.
Now, during the debates when Trump was debating Biden, He knew, because this was part of their plan, he knew that Biden was going to eventually become president.
For how long?
I don't think it's going to be that long.
But he knew that this was going to happen.
He knew that everything that he did, Biden was going to reverse because his puppet masters were telling him to do this.
And we're already starting to see this.
Actually out in New York, the New York legislature, they're proposing nearly $7 billion in new taxes on the wealthy.
What do you think the wealthy are going to do in New York?
They're going to leave New York.
But remember, Joe Biden, he told us when he was running for president, he was going to raise taxes.
And this is exactly what he's going to do.
And remember what he said during the first of three debates.
He said the following, and this is the transcript of what Joe Biden and what Trump said.
This is Joe Biden.
By the way, I'm going to eliminate a significant number of the taxes.
I'm going to make the corporate tax 28%.
It shouldn't be 21%.
You have 91 companies, federal, I mean the Fortune 500, who don't pay a single penny in tax, making billions of dollars.
So let's just stop there.
Do you think when he raises the taxes in corporations, do you think the wealthy corporations, they're going to pay taxes?
No, they know the loopholes.
They know how to get around this.
Who's going to end up paying these taxes?
Yes, the smaller businesses.
Yes, those businesses that don't have the ability to do what the large corporations are doing.
But let me continue.
Trump said, why didn't you do it before when you were vice president with Obama?
Joe Biden said, because you in fact passed that.
That was your tax proposal.
Trump said, I got it done.
And you know what happened?
Biden said, yeah, what got it done?
Trump said our economy boom like it never boomed before.
So Trump lowered the tax rate and the economy boomed.
Why?
Because corporations have the ability to expand.
Small businesses had the ability to expand.
And when they're expanding, they hire more people.
They have job openings.
And now we see the opposite happening.
We see Biden...
He's getting prepared and ready to raise taxes.
Of course, they're using the idea that they're only doing this to the very, very wealthy.
But when we look at this, we know what happens.
We saw it when the central bank came into existence.
The central bank, they love taxes.
Why?
It has to pay for their debt.
Remember, they loan the government currency.
There's interest attached.
Who pays for this?
The people.
This is why the IRS was created.
This is why they like to raise taxes.
It enslaves the people.
It takes more money out of the people's hands and they're able to keep the economy the way they like it.
They don't want the economy really prospering.
They don't want people prospering.
They like the recession.
They like people losing everything and then building it back up.
This is their system.
Now let's talk about retirement.
Now you know inflation is killing your retirement.
The real rate of inflation, well, it just won't let you keep it up or make a profit.
You need a different approach.
Precious metals, not Robinhood or stocks that can crash and leave you losing money.
An IRA or 401k with Noble Gold is the answer.
And this month, Noble Gold is gifting a genuine, rare, Carson City-minted, Morgan Silver dollar with every qualifying IRA or 401k.
So to find out more, go to 877-646-5347 or click the link in the description.
So raising the corporate tax rate, he's going to raise it from 21% to 28%.
He's paring back tax preferences for so-called pass-through businesses such as limited liability companies or partnerships.
Raising the income tax on individuals earning more than $400,000.
And you know what's going to happen later on.
They're just going to lower that.
Expanding the estate tax reach.
A higher capital gains tax rate for individuals earning at least $1 million annually.
And him doing this, this is going to destroy the economy.
We've seen it in the past.
This doesn't help the economy.
It doesn't help the economy grow.
I know people think, well, if we just tax the wealthy, if we just tax these people, it will help out.
Yes, you'll get a flood of money in.
But what happens on the other side?
Just like the $15 minimum wage, it sounds great.
But what do corporations end up doing?
What do small businesses end up doing?
They lay people off.
What do you think the taxes are going to do?
Do you think this is going to expand businesses?
Do you think people are going to get hired now?
No, they're going to contract.
Oh, wait a minute.
This is an expense we didn't expect.
Now, we have to pay more.
Now, we can't do what we wanted to do, expand.
Maybe we have to lay off two or three people because now we're paying more in taxes.
If these small businesses don't bring in more money, they're not going to spend, just like people making $400,000 or more.
If they're paying more in taxes, they're not going to spend in the economy.
This is going to hurt the economy.
We've seen it in the past.
It does not help the economy.
Now, Trump, when he was talking to Biden, he knew that Biden was going to be president.
This was part of his plan.
He wants him to do this.
Trump set this up so people can see exactly what the central bank, what the deep state, what they have planned, what they're trying to do here.
This is their plan before Trump.
But now you can see the difference.
You can see Trump, where he gave the money back to the people, gave the money back to the businesses so they can expand.
Now you can see their plan perfectly.
You really couldn't see it when you switch from Obama, like from Clinton to Bush to Obama, because it was pretty much the same plan.
There was really no difference there.
Now, Trump went overboard in removing regulations, cutting taxes, placing tariffs, allowing businesses to expand, stopping the Middle Eastern wars.
He made the United States energy independent.
Now people can see the difference when the deep state, when the central bank puts their plan into place.
And guess what the people are going to do?
They're going to say, we don't like this.
This is what we're watching right now.
It's waking a lot of people up because I'm going to tell you right now, those people who own businesses, those people that employ people who are making $400,000 or small businesses or those people who are working at a job of $400,000, that's going to hit their wallet.
And they will understand who they should vote for next.
They will understand that this is no good.
This is not what we wanted.
And that's a lot of people in this country.
And this is all working to the benefit of Trump and the patriots.
This was done on purpose.
He knew the playbook.
He wanted people to wake up.
And how do you wake people up economically?
You tell them, we're gonna take your money.
Once you tell people that, once you tell businesses that, hardworking Americans, we're going to take more of your money for no reason whatsoever.
Well, the reason is to pay for their climate agenda.
People are gonna say, I don't, this is not good.
And you're going to see a lot of people really wake up now.
Now, what's very interesting, We know that crypto prices, they've been rising.
And I said that gold and silver, they're eventually going to follow.
Yes, the central bank, they have the ability to manipulate gold and silver using the paper markets.
And I do believe they're using cryptocurrency right now to put a lot of pressure on the central banks to expose the fiat currency so people can understand and realize the fiat currency is worth absolutely nothing and then eventually what's going to happen you're going to see precious metals move up crypto is going to move up it's going to put the spotlight on fiat currency we're already starting to see countries We're
Russia exported about 13.73 tons of rough gold in January.
That's about 1.5 times year on year.
And it seems that the United Kingdom accounted for more than 90%, 12.9 tons of all Russian gold exports in January.
Poland's central bank, they're going to be buying at least 100 tons of gold, a 30% plus increase from current reserves.
Remember, Trump, Q, we've been told that gold is going to destroy the central bank.
It's going to destroy the Fed.
When cryptocurrency moves up, right now it's hovering between $56,000 and $57,000.
Yes, it's going to move up and down.
That just shows you what the fiat is really worth.
Because think about it, to buy one Bitcoin, it takes 56,000 US dollars.
The same thing with gold.
Gold has been moving up again.
To buy one ounce of gold, it takes 1,700 US dollars.
Go back to the 40s with Bretton Woods, Gold was at, what, $35 an ounce?
That tells you everything you need to know.
That the fiat currency is losing value every single day.
And this is going to put the spotlight.
It's going to put pressure on the fiat currency.
And as more and more people see this, they see crypto rising.
They see gold rising.
It puts a gigantic spotlight on the central bank fiat system.
And yes, in the end, gold, crypto, it will destroy the private Western Central Bank.
This will destroy the Great Reset.
The people are going to make a decision of which direction they want to go.
And what's very interesting coming out of MarketWatch, they had a title of the article that says, Americans ready to pour $40 billion into Bitcoin and the stock market as stimulus checks arrive.
Why would people be pouring it into Bitcoin?
Because as Bitcoin moves up, people see their wealth increasing compared to what they have in the dollar.
The same thing with precious metals.
Yes, that is going to follow.
This is all part of the plan to destroy the private Western Central Bank.
And once people make the decision, once people understand it, They'll realize that the fiat currency is worthless.
What better way to transition the people into a new system than to have the new system protect your wealth?
That's what precious metals does.
That's what cryptocurrency is doing right now.
It's protecting your wealth.
It's keeping up with the devaluation of the dollar.
Actually, if there was no manipulation on gold, I'm pretty sure that gold would be very, very close to where cryptocurrency is today.
And I do believe this is a sign of where we are headed.