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March 16, 2021 - X22 Report
23:21
Ep. 2428a - [CB] Is The Economic Disease, The People Are The Cure
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Oh,
- Hi and welcome.
You're listening to the X22 Report.
My name is Dave, and this is episode 2428A, and today's date is March 16th, 2021, and the title of the episode is Central Bank is the Economic Disease the People.
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Let's get into the economic collapse financial news.
Now, what we're witnessing right now is both sides battling for the economic system.
We have the Patriots on one side.
We have the Deep State, the Central Bank, on the other side.
And we've known for a very long time what the central bank, what the deep state, what they've been trying to do for many, many years.
Yes, they wanted to bring the United States into a third world nation type of scenario.
Yes, they want one world government with one currency which they can control.
And They don't want governments or elected governments to be in control.
Actually, if we go back in time during the Obama administration, during that time they were trying to pass something called the TPP, the Trans-Pacific Partnership.
And in that trade agreement, there was going to be a court that sat above governments.
And they were going to allow corporations to Non-elected individuals decide the outcome for the country.
This is what they were setting up.
It's actually called fascism.
Trump, when he came into office in 2016, he canceled it.
He got rid of it.
But with Biden as president right now, People can see very, very clearly in what they're trying to do.
They're trying to do the same thing.
They just don't have the Trans-Pacific Partnership right now.
Yes, they have it out in Europe and other areas.
But we can see what the Biden administration, actually the puppet masters, are trying to do.
They don't want small businesses to succeed.
They don't want them to survive because that's competition for the corporations.
Remember, they want big tech, big corporations.
The CCP is going to be involved in this.
Other foreign countries are going to be involved in this.
Non-elected leaders are going to be involved in this.
They're the ones that are driving the policies of Biden.
Remember, he's taking orders.
What we're witnessing right now is the creation of fascism.
Actually, we've seen this before in many countries.
If you go back to Italy with Mussolini, he had something called the Labor Charter of 1927, which we'll be discussing in just a second.
But when we look at all of this, we can see what's happening under the Biden administration.
Cost of living, it is skyrocketing.
Look at the oil prices right now.
Look at the taxes, the massive tax increases.
Look what he's trying to do.
He doesn't want small businesses to succeed.
He doesn't want people to thrive.
Because the puppet masters know that to bring the country, the United States of America, into what they want, small businesses, people cannot thrive.
Trump, remember, he showed the people what America could be.
And he did this within the central bank illusion.
Can you imagine what it would be like without the central bank?
It would be absolutely incredible.
But he just wanted the people to get a taste of it.
What it would be like to have your business expand.
What it would be like to have industry come back to the United States.
What it would be like to pay less taxes, to pay less at the oil pump.
To get ahead by a little bit.
He wanted to show the American people that everything that they've been telling us was a lie.
The economy can be much, much better than it is today.
It's not the new normal.
And if you go back to the labor charter of 1927, this is one of the pieces of legislation that Benito Mussolini, the Italian fascist dictator, Introduced in his attempts to modernize the Italian economy.
Now, the charter was promulgated by the Grand Council of Fascism and publicized in a newspaper in April 23rd, 1927.
It was mainly designed by Giuseppe Botti, undersecretary of state of corporation.
Now, the charter declared private enterprise to be the most efficient, thus helping Mussolini confirm the support of rich industrialists who were the initial backers of fascism.
It insisted that state intervention was legitimate only where private enterprise was deficient.
It created a labor court supposed to regulate labor controversies, as well as corporations aimed at superrating class conflict.
And the workers, they didn't have the possibility of electing their representatives who were nominated by the state.
These state-nominated workers, these representatives, The corporation included representatives of the firm's directors.
And if you look at what's happening today with Biden, and yes, there's a lot more to this documentation.
It's out of Wikipedia.
And it says the Labor Charter of 1972.
There's a lot that really resonates with what they're trying to do today.
And we've known this for a very long time.
Remember, like we said before, the Trans-Pacific Partnership, they wanted to put a court above the government's Which was going to be controlled by corporations, non-elected individuals, by the central bank.
That's what they've been trying to do.
Now, what's very interesting is we're starting to see the fiat system completely disintegrate.
Now, do I mean it's going to implode tomorrow?
No, I don't mean that.
What I mean is we're starting to see the first signs of people seeing the fiat system for what it is.
And remember, there's a battle going on now between the central bankers where they're trying to push in the Great Reset, which they'll be in control, corporations.
It'll be a fascist, socialist type of society.
And we have the people, the patriots, on the other side.
Now, Trump, the patriots, they've been planning this for a very long time.
They knew that they were going to have to battle the central bank.
They knew that they were going to have to destroy the private Western central bank while maintaining the wealth of the people because you don't want to destroy the system and have the people suffer because the people then, if they are suffering, well, that situation would not turn out too well because Whoever brings in something else, the people will say, yes, thank you for saving us.
So the patriots, they knew.
They needed a way to destroy the central bank and at the same time, keep the people's wealth or have their wealth protected against inflation.
So what are we witnessing right now?
We're witnessing a system.
It's a cryptocurrency system, blockchain, and Bitcoin is moving up.
Now, like I said, The central banks for a very long time, they kept their focus on precious metals.
They didn't want people to realize and understand that if precious metals started to move up dramatically, people would then look at fiat currency and say, why is fiat devaluing?
So they created a paper market.
They had to manipulate it.
The Patriots came in and they're using the cryptocurrency system, the blockchain system, Bitcoin, to move people from this fiat system and have the light shine on the fiat system as it completely implodes.
And yes, gold and silver are going to follow.
I'll explain in just a second.
How are they going to do this?
Well, I know when we hear inflation or hyperinflation, it sounds absolutely terrible.
But you need to look at it in a different way.
Yes, it's terrible because the value of your currency devalues because you need more of that currency to pay for that same exact item.
What happens if the patriots set up a system where people could be protected?
What happens if they set up a system where Where it would protect them against inflation.
Now, we're in the beginning stages of all this.
This is not the end.
But let's take a look at inflation right now.
Money printing by the Federal Reserve or by other Western Central banks has amounted to around $10 trillion over just the last year.
The amount of currency in circulation has grown to $2 trillion, breaking a record set in 1945 and showing an almost 12% increase over 2019.
The U.S. federal budget deficit stands at just about $3.5 trillion, which is over 16% of GDP, the highest it's been since World War II. Meanwhile, the U.S. federal debt has just topped $28 trillion.
Over the past year, the U.S. has overspent its revenues by a staggering 194%.
Prices are going up everywhere, even as the underlying economy remains in coronavirus inspired doldrums, specifically because consumption has been repressed with the coronavirus as the excuse.
And this is to delay Let's talk about your health.
The keto diet is one of the quickest ways to achieve a younger-looking appearance and burn fat.
The diet has been shown time and time again in studies to flatten stomachs, burn belly fat, and give unparalleled anti-aging benefits.
The problem, however, is that following a strict keto diet is difficult, if not impossible, for the average person.
Eating just one bite of the wrong type of food or supplement can reverse the effects of all the hard work you put in that day.
That's why I highly recommend my favorite keto power.
There's a 60-day money-back guarantee.
Get Keto with X22 for 51% off now by going to ketowithx22.com.
That is ketowithx22.com.
Or click the link in the description.
What's going to come?
And that is hyperinflation.
The chairman of the Federal Reserve He came out and he's saying there is no reason to be afraid of hyperinflation.
They know it's coming.
They know that they can't control it right now.
What happens to the value of money when a government prints a lot of it to spend or simply hand out to people is that the money becomes less valuable because there is more money out there.
If there's more money out there in circulation, the value of the currency decreases.
Hyperinflation is nature's gentle way of solving the problem of a society that has forgotten how to live within its means.
Hyperinflation is most unpopular with people who insist on storing their savings in the form of cash.
And I do believe what we are witnessing right now is the beginning stages to show people there's another way.
Now, does this mean people are going to take their entire savings and put it into cryptocurrency or take their entire savings and put it into gold and silver?
No, that's not what they're saying.
That's not their plan.
Their plan is to say, okay, take a portion or whatever you feel comfortable with.
And this is my personal opinion.
This is what I do.
And put it in to something where it will protect your wealth.
Because over time, that currency in the bank will continue to devalue and the currency, whatever you put in there, will continue to rise against the fiat currency.
Now remember, Gold and silver, they've been suppressed on purpose.
And I do believe when Q has told us that gold will destroy the Fed, yes, this hard asset, once it's let loose, and I do believe cryptocurrencies is leading the way, once it's let loose, it will put this gigantic spotlight on the fiat system and people will see it very, very clearly.
Now look how large Bitcoin has gotten so far.
Bitcoin is now more valuable than the world's two biggest payment networks, Visa and MasterCard, which have a combined market capitalization of $871 billion.
Bitcoin market's cap is over $1 trillion.
Think about that for a second.
Now, let's take this a step further because I talk about how gold and silver, they are manipulated.
This is done by the central bank because they focused on gold and silver because this has been money for thousands of years.
They didn't want people to realize that gold and silver have been moving up just like Bitcoin.
And I think the other day I mentioned something about Bitcoin.
I said, can you imagine If gold and silver were at the same level, if it took 35 or 40,000 or 50,000 Federal Reserve notes to buy one ounce of gold, well, if you go to the usdebtclock.org, they have something on the right-hand side, and it gives you the dollar-to-silver ratio now, the dollar-to-silver ratio back in 1913, dollar-to-gold ratio now, and dollar-to-gold ratio back in 1913.
So if we take a look at the Dollar to silver ratio back in 1913, it was $2.66 per ounce.
That means it took $2.66 to buy one ounce of silver.
Now, without the manipulation, without the central bank involved, we look at the dollar to silver ratio now.
If there were no paper contracts and gold and silver was allowed to do what Bitcoin is doing right now, right now, silver would be $4,932 per ounce.
That'd be $4,932 to buy one ounce of silver.
Now, if we look at gold, dollar to gold ratio back in 1913, it was $28.74 per ounce.
That means it took $28.74 to buy that one ounce of gold.
What is it today?
$35,309.
That means it would take $35,309 to buy that same one ounce of gold.
What is cryptocurrency doing right now?
Hovering around what?
$54, $55, $56,000?
Look where gold is.
Without the manipulation.
And yes, there is manipulation.
The central bank concentrated on gold and silver.
This is going to be their downfall because people are looking at cryptocurrency.
People are looking at it because it protects their wealth against what?
Inflation.
The patriots are going to use the central bank's weapons against them.
Remember, when the central bank brings down their system...
They need a cover story.
They need something to hide what they've been doing.
They don't have this right now.
So people can see this very, very clearly.
And I do believe what the patriots are doing right now is they're using this mechanism of cryptocurrency to protect the people's wealth.
And they needed a way to open the door, which they did.
And once the door is open, people are going to walk through it.
And yes, as time goes on, more and more people are going to walk through it.
And eventually what's going to happen is things aren't going to make sense because people, as they pile in to cryptocurrency and more and more companies and more and more payment centers use it, everyone's going to be looking at fiat currency.
Now, yes, gold and silver are suppressed.
That is going to break free.
This is going to destroy the central bank system because this is what they were counting on.
They were counting on backing their system with gold and silver and convincing the people that they have this new system that's going to work.
The problem is there's cryptocurrency now in the equation.
So their plan to use gold and silver as a backing This is going to destroy them in the end because people are not looking in that direction.
And once the central bank starts to completely fall apart and as people decide where they want to place their funds for protection, you're going to see gold and silver start to move because they're going to lose control over this.
Actually, they're going to lose control of the entire system.
This is what hyperinflation does.
The central bank, and this is their system, remember, it's the Federal Reserve note.
They will lose control of their system.
And once we start to see hyperinflation, this is where they lose control of gold and silver.
And this is where you're going to see gold and silver start to move.
Yes, people are going to pile into gold and silver, just like they're piling into cryptocurrency.
The people are going to make a decision.
Do you want to stay with the fiat system?
Or do you want to go with a new system?
This is the beginning stages of it, of moving everyone.
Listen, the central banks, they moved everyone from a gold system into a petrodollar system in the 70s.
You might have not known it.
Maybe you weren't alive at that time.
Why do you think we saw inflation?
Why do you think we saw the interest rates move up?
Why did housing, salaries, why did they have to be adjusted?
Because we came off the gold standard.
That meant the Federal Reserve note lost value.
We experienced that already.
We experienced what it felt like to come off a gold standard and go onto a system which is full fiat.
People believed at the time they were making more money.
They believed their home, their valuables were worth more, but they really weren't.
They were just adjusting to the devaluation of the Federal Reserve note.
Now we have the opposite happening.
We have gold and silver and cryptocurrencies.
So as the Federal Reserve note loses value, as it continually drops, you're going to see cryptocurrencies and gold and silver take off.
People are going to be protected against cash.
Now, those people that stay in cash, what happens?
Well, they lose the value every single day.
And what do I mean by this?
Well, let's take for example, today we'll just use cryptocurrency.
Let's say cryptocurrency is at 55,000.
As you hold your cash next month, the month after, the month after that, cryptocurrency goes from 55 to 60 to 65 to 70.
That means it's taking more of your Federal Reserve note to pay for that same Bitcoin because it's losing value.
Let's take gold, for example, or silver.
Let's take silver.
It's at $25 an ounce.
So today is at $25, so it takes $25 to buy that one ounce of silver.
A month from now, it might be $50 an ounce.
That means it takes 50 of those Federal Reserve notes to buy that same ounce.
Another month goes by.
It's $75 an ounce.
And as you can see, the value of your fiat continually drops.
Precious metals is countering the inflation.
Cryptocurrency is countering the inflation.
Move out this process to a year from now.
How much are you going to need just to maintain your wealth?
Now, those people that get in early and decide, you know something?
I'm thinking to buy a little bit of silver.
I'm thinking to buy fractions of cryptocurrency to protect myself.
What happens?
Well, if it moves up to 60,000 in this cryptocurrency or 65 or 70 or 75,000, you're protected.
That small investment protects you throughout this period.
The same thing with gold and silver.
Yes, people are going to get into it.
They're just going to get into it at different times.
Some people will make out better than others.
Other people will not.
But eventually, people will say, you know something, I better do something to protect myself because this is getting worse and worse as time goes on.
Some people might not even ever get into it.
And they just might keep their cash, which will be worthless because if Bitcoin or gold and silver, let's use Bitcoin, is up to 300,000 and gold and silver is at 35,000, what are they going to have to do at that point in time?
They're going to have to take that Federal Reserve note that is devalued and use it to get...
They're wealth protected.
It's just going to take a lot more of those Federal Reserve notes, but eventually everyone will be in it.
It all depends on the time that everyone gets into it.
But this system that's being created right now, a people system, will protect the people from the central bank system.
The central bank system is the disease.
The people system is the cure.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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