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April 13, 2021 - X22 Report
18:44
Ep. 2451a - The [CB] Is The Economic Disease, The People Are The Cure
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 2451A and today's date is April 13th, 2021 and the title of the episode is The Central Bank is the Economic Disease that People...
Are the cure.
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 as the deep state, the central bank, the corrupt politicians, the mainstream media, as they push their agenda with the economy, people are starting to realize they're not doing this for their benefit.
Take, for example, Biden's infrastructure bill.
Now, the only reason he called it an infrastructure is because the people of this country want the infrastructure rebuilt.
Yes, the corrupt politicians, the mainstream media, invisible enemy, they know that this is what the people want.
So they put a title on the bill and say, this is all for infrastructure.
Even though we know that this is not for infrastructure.
This is for everything but infrastructure.
And there are certain politicians pointing this out.
Pointing out the fact that this is not going to benefit the American people.
Representative Scott Perry is out there and he's warning the people that this is going to create a Soviet-style economy if this law is enacted.
Now, why would he say that?
Because this bill...
Is not meant to give people jobs.
Remember, Buttigieg was caught in a lie saying that this was going to create 19 million jobs.
Actually, 16.3 million are going to come back by themselves.
This is only going to create 2.7 million.
Actually, probably half of that.
So this is not about creating jobs for the American people.
This is not about...
Repairing the infrastructure.
This is about their agenda.
And if you look at the bill very, very closely, you can see that about 10 billion is going to create a civilian climate core, 20 billion to advance racial equity and environmental justice.
This is not infrastructure.
This is their new world.
This is what they're trying to introduce.
But if you go deeper into this bill, you can understand the true agenda of all of this.
Remember, the Great Reset, the Paris Climate Accord, their green agenda, it's all part of the same thing.
And if you really think about what they've been doing, you can see how they're trying to transition the power.
Let's take a look at this very, very closely.
What did Biden do when he came into office?
He cancelled the Keystone Pipeline.
He also cancelled or put a temporary halt on Louisiana gas lines, which means eventually those are just going to be cancelled.
What else did they do?
They pushed for the Paris Climate Accord.
They said, oh yes, we're going to go green.
Well, if the United States...
Is no longer producing fossil fuels.
We're no longer energy independent and we're going green.
What does this mean?
It means we need to depend on another country to supply this country with batteries, solar panels.
What country does that?
China.
Why do I say this?
Well, doesn't China mine most of the rare earth minerals?
Yes, they do.
So who would have a monopoly on all this?
China.
Because right now we don't have batteries being produced in this country to meet the demand of the Biden administration's Green Deal.
It just won't work.
Actually, we'll never have the batteries because he's not planning to bring manufacturing back to this country.
This whole green energy deal is going to undermine American energy production.
That's the whole purpose of this, to prepare the United States for their great reset, their green agenda.
The power is going to be offloaded from the United States onto China.
Why do you think Trump...
Why do you think he went ahead and he wanted the country to produce fossil fuels?
Because he knew what they were trying to do.
Biden is now undoing that.
Actually, Trump also removed the regulations for rare earth mineral production.
Why?
Because he knew that So this is about transferring energy and production and manufacturing outside of the United States.
That's what they're trying to do.
But the American people are much smarter than that.
The American people understand that this is happening.
Actually, if you look at the massive coronavirus relief bill, which only a very small portion went to the American people, The American people understand this.
They realize that they're not going to benefit from this.
Actually, there was a poll that was done.
And only one third of Americans believe Democrats' massive coronavirus relief bill will benefit them.
Yes, they're only receiving a very small percentage.
The rest is going everywhere else.
Money laundering, their payoffs, you name it.
And people see this.
And what else do they see?
They see the economy falling apart under Biden.
Yes, it snapped back because the states reopened.
We're still under Trump's economy.
But everything that Biden is doing right now, It's going to hurt the economy six, seven, eight, nine months from now, a year from now, two years from now.
It just doesn't happen overnight, but you'll see it progressively get worse.
And what are we seeing already?
Well, we mentioned fuel prices.
They've skyrocketed.
Lumber prices have skyrocketed.
And because the fuel price is moving up, what happens?
Well, you see inflation.
As the dollar continually devalues because they're creating more and more dollars, Federal Reserve notes, and now they're entering circulation, you see the devaluation of the Federal Reserve note.
So right now, the U.S. inflation is accelerating and increased by 2.6% in March from 1.7 in February.
That was a little higher than expected.
I do believe that these numbers are a little off.
Inflation is much, much higher.
But what do they do?
They manipulate them to make you believe that they have everything under control, just like they manipulate gold and silver through the paper market.
But since we see the devaluation of the dollar, what have we been seeing?
We've been seeing Bitcoin moving up.
We'll be getting into that in just a second.
But what's very interesting is that Ronald Reagan, when he was campaigning He warned about the dangers of inflation.
He warned the country about a disease that we need a cure.
Take a listen to what he said and you'll understand that he knew exactly what was going on.
by going deeper into debt at a faster rate than we ever have before.
It took this nation 166 years, until the middle of World War II, to finally accumulate a debt of $95 billion.
It took this administration just the last 12 months to add $95 billion to the debt.
And this administration has rung up almost one-fourth of the total national debt in just these short 19 months.
Inflation is the cause of recession and unemployment.
And we're not going to have real prosperity or recovery until we stop fighting the symptoms and start fighting the disease.
There's only one cause for inflation.
Government spending more than government takes in.
The cure is a balanced budget.
Ah, but they tell us 80% of the budget is uncontrollable.
It's fixed by laws passed by Congress.
Well, laws passed by Congress can be repealed by Congress.
And if Congress is unwilling to do this, then isn't it time we elect a Congress that will?
Now, Ronald Reagan, he knew exactly what was going on with the central bank, the deep state, the corrupt politicians.
He knew all about inflation.
He knew that this was a disease.
He knew that the people had to cure it.
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.
And what we're seeing right now is everything that is happening with the Federal Reserve system, the central bank system.
We're watching it implode right in front of our eyes.
Remember, the entire system was never meant to last this long.
They don't have the cover story of war.
They really don't have the cover story of the pandemic.
Because here in the United States, what's happening?
Businesses are opening up.
People are going back to work.
Everyone is not locked down for the next two years.
So the cover story of the central bank saying that the economy is destroyed because of the pandemic, well, that is not happening.
And now they're trapped.
Their cover story is blown.
And now you can see the system implode in real time.
I do believe that Trump and the Patriots, they planned this from the very beginning so people could see it firsthand and they could take action as it implodes.
Now does this mean we're going to go into a recession, a depression, and it's going to happen tomorrow?
No.
I don't believe the Patriots planned it this way.
I believe they knew that the central bank, they wouldn't let the economy just fall apart.
They will continually push stimulus pump money into the system to keep it alive.
And as they keep doing this, what happens?
Well, that currency is going to enter circulation into the economy, the people's economy.
When it enters the economy, what happens?
You see inflation.
Actually, you'll see inflation really take off, which means the Federal Reserve note is losing value very, very quickly.
And as that loses value, what happens?
It puts pressure on gold and silver.
It puts pressure on cryptocurrency.
Now, cryptocurrency...
Is very similar to the Federal Reserve note today, not the paper part of it, but the digital part of it, where people understand that I can use my phone, I can access it through my computer or my phone, I can see what's in my account, I can transfer some funds to another person.
So it's very, very similar.
And instead of in a bank account, you have an address.
So it's very similar to what we have today.
And Trump and the Patriots, they knew that it would be an easy way to introduce this to the people and people would catch on very, very quickly.
And as this continues, and as the Federal Reserve note devalues, what happens?
Well, cryptocurrency and soon gold and silver will follow.
They move up.
Now look what cryptocurrency is doing.
It's moving up.
As it continually moves up, people will notice this.
People will ask a question.
People will become curious.
Well, I see it's at 63,000.
Now, people might not have been curious around 30,000, thinking, well, it's a bubble.
It's going to pop any second.
Now, when it hit 50,000, people said it's a bubble.
It's going to pop any second.
Now, it's at 60,000.
Well, it's a bubble.
It's going to pop any second.
But the people, as they continually to acquire this and they hold it, because remember, this is not like a stock where you're buying it, selling it.
Yes, there might be a couple people that are doing that, but most of the people are holding it.
They're holding it because it protects their wealth.
Now, does it mean that you take, let's say you have 5,000 in your account and you move it over to Bitcoin?
No, you don't need to.
See, that's the whole point of it.
You only need to take a small portion of it.
Let's say you take 500 or 1,000.
And once this moves up to 70,000 to 8,000, you've already matched what you have in your account.
You're already there.
You've just protected your wealth.
Without doing much.
Actually, you're letting the central bank do it all for you.
I do believe this is what Trump and the Patriots wanted.
Because we know that the central bank system is imploding.
They're doing this work for you.
All you have to do is take action.
You can either put it in gold or silver.
You can put it in cryptocurrency.
Put it in both.
It's up to you.
The choice is yours.
But as we move along, we're going to see things rapidly change, especially when stores, MasterCard, Visa, and the rest come online and you're able to start to...
Well, you can purchase now, but as this expands, people are really going to take notice.
It's not just going to be this...
Little investment that everyone talks about.
This is gonna be talking, everyone's gonna be talking about a currency, which is also protecting your wealth.
You can also get paid in it.
You can also purchase things with it.
So it's no longer a static investment.
It's the new currency.
And yes, gold and silver will always be there.
Gold and silver will protect your wealth.
And I'm talking about physical gold and silver, not the paper market.
And we can see that there are certain politicians that have seen this happening.
And they've said that this was going to happen.
And this was on the squawk box.
And this is what the tweet says, and I'll let you listen to what was discussed.
It says they tried to ignore it to make it go away.
Jamin Dimon will tell you that, says GOP leader on Bitcoin.
This is something that those who regulate, those who are in government that make policy better start understanding what it means for the future.
Take a listen to the entire conversation.
So I wanted to ask you about this.
It's totally out of left field, but we've got Coinbase coming with a direct listing.
I looked back when you were on.
It was July of 2019.
We were talking about Libra, and you didn't like Libra, but you were very positive about Bitcoin, which subsequently went from 7,000 or 8,000 to where the new high today at 63,000.
Coinbase now coming public.
When a lot of government types...
You're very rare for someone to be positive about this.
And I don't know if you saw Secretary Yellen and Fed Chair Powell talking about it.
Do you think that they have a feeling or a good understanding of digital currencies or Bitcoin at this point?
Do they need a little remedial reading, a little reading of the Bitcoin standard?
What would you suggest?
Well, I think I was right then and I'm right now.
I think they tried to ignore it to make it go away.
I think Jamie Dimon will tell you that from the beginning he was wrong.
This is moving towards the future.
They should not ignore it.
They should not only learn more about it, but the basis is going to continue to grow.
Now the Federal Reserve, the central bank around the world, they are addressing this.
They're telling you that criminals use it.
They're telling you it's not a currency.
They're telling you that the fiat currency has nothing to fear.
But does the fiat currency have something to fear?
Yes.
Because when the people decide...
On a new currency, there's nothing the central bank can do.
Now, does this mean that Bitcoin is just going to skyrocket and go straight up?
No.
We know the central bank, they will try to use as much information as possible to push it back down.
They'll push it as hard as they can.
Yes, we'll see it rise.
We'll see it fall.
But when you step back and you take a look at the big picture, just like with gold and silver, you'll see that it kept moving up.
If the central bank continues to do what they've been doing, which they have to, And as it gets worse and worse, and as Biden and the central banks around the world, as they keep pushing stimulus, as they keep printing, yes, it's going to get worse, which means gold and silver, Bitcoin, are going to continually move up.
It won't end.
And the people...
In the end, they'll make their decision of what currency they want to use.
They will be the cure.
They will cure the central bank disease.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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