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April 2, 2021 - X22 Report
17:50
Ep. 2443a - [CB] Makes Their Move On Cryptocurrency, Watch What Happens Next
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave, and this is episode 2,443 AM. Today's date is April 2nd, 2021, and the title of the episode is Central Bank Makes Their Move on Cryptocurrency.
Watch what happens next.
Let's talk about investing.
Hey, it's spring again, and it's time for a clear out.
Not just the house and garden stuff, but the finances as well.
If you've been thinking about starting an IRA or a 401k, Noble Gold is giving away a genuine rare Carson City minted Morgan Silver dollar with every qualifying IRA or 401k this month.
So give your investments a spring cleaning too and go to noblegoldinvestments.com or call 877-646-5347.
That's 877-646-5347 or click the link in the description.
Let's get into the economic collapse financial news.
Now the deep state, the mainstream media, the central bank, the corrupt politicians, they're pushing everything they have.
And like we've said before, they need to reverse everything that Trump has done and then go from that point forward and bring everything into what they need it to be for the Great Reset, for the climate funding.
And that's what we're experiencing right now.
This is why Biden has come out with a $2.25 trillion infrastructure plan.
And this is why AOC is out there saying we need $10 trillion.
This has nothing to do with the infrastructure.
The entire bill has to do with climate funding.
And their green agenda to bring us into the Great Reset.
And the only way to do this is to hurt the economy.
Now remember, the pandemic is not doing it.
Yes, Europe is trying to keep everything shut down.
They're under strict instructions.
But Trump, he countered their entire plan.
They never wanted this vaccine out.
They never wanted people to think that they were able to recover from this.
They can go about their daily lives.
They never wanted the economy to open up again because they needed this pandemic to usher in the Great Reset.
So what do they need to do?
They need to bring the U.S. economy to its knees.
They tried it during Trump.
They tried to bring us into a recession.
Of course, they wanted to blame it on him.
They tried everything to bring down the market.
It didn't work.
They shut down the world economy to try to push their agenda.
Trump opened it up after, what, three weeks?
Yes, we had certain governors and certain mayors that were under instruction to keep it locked down until Joe Biden was inaugurated.
And as soon as he was inaugurated, they were given permission to open up again.
And we can see that to bring the US economy to its knees, what do they need to do?
They need to tax everyone.
They need to tax corporations.
They need to tax small businesses because this will push businesses out of the country.
This will paralyze the everyday person because as energy costs move up, as taxes move up, you have less and less to spend.
And it will hurt small businesses.
Now, Lauren Boebert, she tweeted this out.
What's in Biden's infrastructure plan?
Massive subsidies for wind, solar, electric vehicles, and other Green New Deal mandates.
85 billion for mass transit, 213 billion for energy efficient housing, 35 billion for climate change, 25 billion for racial and gender inequities.
Only 5.11% of 2.25 trillion goes to bridges, highways, roads, and main streets in critical need of repair.
This massive expansion of government control and the federal bureaucracy raises taxes to squander trillions on liberal wish lists we can't afford.
It's absolutely right.
And if you look at this, If you look at his infrastructure bill, remember, when they call it an infrastructure bill, it has nothing to do with the infrastructure because 5% is going to the infrastructure.
If you look at the tax plan, now remember, just yesterday, Biden came out and said, listen, if we have the highest tax plan, we're going to be doing better than China.
It's really going to work out for the U.S. No, it's not.
When you raise the taxes, it hurts businesses.
It hurts people.
Think about it.
Take your own household.
If you're making $50,000 a year and the taxes are 20%, And it moves up to 30%.
Does that help you?
Or does it make it worse for you?
It makes it worse for you.
If gasoline was $1.90 and it went up to $4, does that help you?
Or does it make it worse for you?
It makes it worse for everyone.
So let's take a look at other countries.
Because Biden says this is going to help the US. So other countries must have incredibly high tax rates.
Well, England has 19% tax rate on companies.
Finland has 20%.
Sweden, 21.4%.
Norway, 22%.
Denmark, 22%.
China's at 25%.
Now, why did Trump drop the tax rate to 21% here in the U.S.? To be competitive with other countries.
Actually, I think he would like to get rid of it altogether and use tariffs to pay for the government spending.
This is what our founding fathers actually envisioned.
So bringing our tax rate up to 28%, this is not going to help the U.S. It's going to hurt it like we've never seen before.
And the U.S. corporate tax rate will be the highest of the 37 countries in the Organization for Economic Cooperation and Development once France implements their reduction to 25.83%.
So what are they trying to do here?
They're trying to hurt America, not make America great.
And then we have Pete Buttigieg.
What is he doing?
He's been telling us that we might have to place a tax on every mile that you drive.
Yes, this is the carbon tax.
We've talked about this going way, way back.
It was a conspiracy theory, but it seems that all the conspiracy theories are starting to come true.
Let's talk about investing.
Hey, it's spring again, and it's time for a clear out.
Not just the house and garden stuff, but the finances as well.
If you've been thinking about starting an IRA or 401k, Noble Gold is giving away a genuine rare Carson City minted Morgan Silver dollar with every qualifying IRA or 401k this month.
So give your investments a spring cleaning too and go to noblegoldinvestments.com or call 877-646-5347.
That's 877-646-5347 or click the link in the description.
And what did he try to pull over on the American people?
Well, he tried to make everyone believe that he was riding his bike to work.
But someone caught him on camera where he got out of a Suburban, which is a big truck, gas-guzzling truck, and then they unloaded his bike and rode the last little portion to work.
So he's trying to pretend that he's saving energy.
By riding his bike, but he took the truck almost a full distance, except for the last little part.
But as he rode his bike, the truck followed him.
So we have Pete Buttigieg on the bike, and he has a couple of trucks following him.
Did he save anything?
No.
What is he doing?
It's called propaganda.
He's trying to fool the American people.
That's what he's trying to do.
Now, yesterday we mentioned how Biden said having the highest tax rate for companies is going to really help America.
And he said something else that's kind of ridiculous.
Well, actually, it is ridiculous.
Raising taxes will not slow the economy.
How in the world won't it slow the economy?
What happens when companies are taxed at a higher rate in different states?
Do they say, oh, this is fantastic.
You know what?
We really got to stay in this state.
It's incredible.
No, they move out.
They cut jobs.
So if Biden implements these tax rates, companies are going to move.
And yes, that means the economy is going to slow because people are going to be out of work.
But this is their plan.
Is anyone believing this?
I don't think so.
But we can see with Trump's economy, everything that he put into place, everything that he did.
Remember, everything that Biden's talking about is not in place yet.
This is what he's proposing to do.
This is what he wants.
This is what the...
Actually, I should say the Deep State Central Bank wants, the Puppet Masters.
This is what they want.
So right now, we're still under Trump's economy.
Biden hasn't done anything with the economy.
Yes, he's told the Keystone Pipeline people, you're going to be out of work.
He's canceling the lease agreements in Louisiana.
They're going to be out of work.
But with everything opening up right now, this is still what Trump put into place.
And what do we see happening?
Well, the unemployment rate, when you open everything up, it dropped to 6%.
The U.S. added 916,000 jobs.
Remember, the entire system was shut down artificially.
So when you bring the system back online and all the states start to open up and people go back to work, what happens?
Everything that Trump did, well, you can see it improving again.
The economy is going back to where it came from.
Yes, I know the economists and the financial pundits, they said, we're going to be in this great recession, depression for a very long time.
We can never recover.
Well, it seems that they're wrong again.
Now, what's very interesting is that manufacturing, since everything started to open up and manufacturing started to come online once again, in March, we saw new orders just skyrocket.
Now, the Institute for Supply Management, ISM, they said the index of the national factory activity jumped to a reading of 64.7 last month from 60.8 in February.
That was the best reading since December of 1983.
Now, the economists, they didn't think it was going to be this high.
They only thought it was going to be around 61.5, but it came in at 64.7.
And remember, anything above 50 in the ISM index indicates expansion in manufacturing.
And that is what we're experiencing.
Now, the deep state, the central bankers, even though they're telling us they're not worried about cryptocurrency, they're not worried about gold or silver.
Remember, gold and silver, it's a barbarous relic.
It's not really money.
Same thing with cryptocurrency.
Criminals use it.
It's not really currency.
It's something that you shouldn't be looking at.
Well, it seems they're panicking a little bit because now the IRS, which is part of the central bank establishment, they're going after people who are cryptocurrency holders.
So the District of Massachusetts, the federal court authorized the IRS use of the John Doe Summons on Boston-based Circle Internet Financial Inc., which is a global crypto finance company that facilitates peer-to-peer payments of traditional fiat currencies.
A John Doe summons enables the IRS to gather information about a group of unidentified taxpayers who could be violating the tax laws.
Under the summons, Circle must give the names of the Americans whom the IRS believes they have not accurately reported or paid their taxes.
The IRS is specifically seeking information about U.S. taxpayers who conducted at least $20,000 in cryptocurrency transactions between 2016 and 2020.
They're very nervous about cryptocurrencies.
And they're coming after those individuals.
And remember, this is outside of their system.
Now, yes, if you cash it back into fiat currency, yes, they can tax you.
Not if you lost funds, only if you gained funds.
Now, what's very interesting is that China is trying to use cryptocurrency to push their digital yuan project.
Because they're saying to everyone, look, look how cryptocurrency is doing.
Digital currencies are good and maybe we should introduce the digital you want.
Now remember, the central bankers, their plan was to have China as the new powerhouse.
Yes, there was going to be a great war.
Yes, once the war was over, they would have to move the entire private Western Central Bank system.
It would be the Great Reset.
And I do believe China was going to be part of this.
Now, yes, there are different factions in Europe.
There's different factions in China.
But the overall power, the private Western Central Bank, those at the tippy-tippy top, they're the ones who are actually calling the shots.
So what are we seeing here?
We're seeing Bitcoin move up.
So we're seeing a surge in cryptocurrencies.
And China is saying this might be driving up interest in our digital yuan.
Now remember, the People's Bank of China, the PBOC, They banned Bitcoin in the country.
Now we need to go back to 2014.
As they were looking and studying digital units and digital currency back in 2014, Since then, Beijing has cracked down on all use of all cryptocurrencies, including Bitcoin, and cryptocurrency trading has been halted on some 100 exchanges in the country since 2017.
Now, why would they shut this down?
Because they didn't want anyone looking at the blockchain.
Because, remember, they want to usher in their digital currency.
This is the central bank.
That is trying to push in their own digital currency.
This will be controlled by one organization.
Yes, in the beginning, we might see multiple digital currencies, which they're going to try to push in the Great Reset.
And eventually what they're going to do is they're going to combine it all into one.
And this has been their plan for a very, very long time.
Remember, they wanted a great war.
It would have made it a lot easier for them to do all of this.
But now the pandemic is not giving them what they want.
Cryptocurrency is rising.
Soon gold and silver is going to break out and follow in Bitcoin's footsteps.
And they're going to have a disaster on their hand.
And they know this.
So what do they do?
Well, they need to do something.
And it seems that's where we're at.
The people, they're watching this very carefully.
They understand what's going on.
And in the end, the people around the world will make the final decision.
Yes, the central bank can tell everyone, you must use this.
But if the people say no something, we don't want to.
We have an alternative.
Actually, if you look, With Visa and MasterCard, PayPal, Venmo, Morgan Stanley, Tesla, and many others, ATM machines popping up in stores.
A lot of little stores are saying you can use Bitcoin to purchase goods.
The choice will be much, much easier.
Does that mean gold and silver are completely out?
No.
Gold and silver is a store of wealth.
Gold and silver has been around for a very long time.
And people understand gold and silver.
That's why governments, central banks around the world, this is why they have gold.
Because if fiat was actually king, they wouldn't hold gold.
There'd be no reason to.
But again, both can exist.
We can have cryptocurrency and gold and silver.
We have it today.
The difference is the cryptocurrency will not be controlled by the central bank.
The battle is on.
And I do believe that people are going to make the final decision.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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