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Economy Falling Apart
00:03:01
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| The End | |
| Hi and welcome. | |
| You're listening to the X22 Report. | |
| My name is Dave and this is episode 2481A and today's date is May 18th, 2021 and the title of the episode is Central Bank's Fiat System is Failing. | |
| Yes, gold will destroy the central bank. | |
| Let's talk about being prepared. | |
| Violent crimes against Uber and Lyft drivers is at an all-time high. | |
| Unfortunately, those in this field can't carry guns unless they want to risk being fired by Uber or Lyft, so there's little they can do to protect themselves. | |
| One way is using a fighter flare flashlight by Prepper's Peak. | |
| What is the fighter flare flashlight? | |
| It's the best way to defend yourself for those who can't or don't want to carry a gun. | |
| You can effectively blind attackers with the ultra bright strobe light, charge your phone with built-in power bank, light a flame with a built-in lighter, and charge it all with solar energy. | |
| I highly recommend the Fighter Flare Flashlight. | |
| Try it today for 20% off by going to fighterflare.com and use the code X20 for 20% off or click the link in the description. | |
| Let's get into the economic collapse financial news. | |
| Now as time goes on, the people of the United States and around the world, they're experiencing the central bank economy completely falling apart. | |
| That's really what this is. | |
| The world... | |
| Is living in a private Western Central Bank economy. | |
| They created it back in 1913. | |
| They updated it in the 40s. | |
| They updated it again in the 70s. | |
| And in 2000, 2009, 2010, they completely took over with their fiat system. | |
| And that's where we are today. | |
| And they know that their system is doomed. | |
| They know they can't push it any further. | |
| Yes, they can keep it on life support, but eventually it will fall apart. | |
| Now, the problem is they didn't expect Trump to counter everything that they were trying to do. | |
| They thought they had everything under control. | |
| They thought that we can bring the entire world into the new system using the pandemic. | |
| This has failed. | |
| They cannot accomplish this now. | |
| All their vaccine passports and everything that they've tried to do, yes, they're still going to try to push it. | |
| Everything that they try to do is falling apart. | |
| Because of a couple of things. | |
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Stimulus Failures Revealed
00:03:05
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| One, the United States, the cities, towns, states, they're opening up. | |
| People are going back to work. | |
| Their universal basic income where they wanted to keep everyone at home while the global economy fell apart, that failed. | |
| All the stimulus that they pushed out. | |
| Yes, they're going to blame it on the governments because that's how they work. | |
| They say, well, the governments that they had to borrow, we had nothing to do with that. | |
| And all the stimulus that they've been pushing out, they were hoping that because of the pandemic, they would have a perfectly good explanation of why we're seeing all of this. | |
| Now, without that pandemic piece, without everyone just staying home, now we're going to see everything that they had planned. | |
| But there's no cover story. | |
| That is the big problem right now. | |
| They don't have the cover story to cover up the implosion of their system. | |
| And people are going to start noticing what's really going on. | |
| Now, Blueprint Q put this out. | |
| And this is on Twitter. | |
| It says, this is fine. | |
| Everything is fine. | |
| Then gave us gasoline, lumber, home sales, coffee, wheat, corn, copper. | |
| And back in May of 2020, this is when Trump was in office, gas was $1.77. | |
| Lumber was $332. | |
| Home sales were around $283,500. | |
| Coffee was $0.96 a pound. | |
| Wheat was $5 a bushel. | |
| Corn was $3.19. | |
| Copper $2.33. | |
| Now, May 2021... | |
| Biden's in office. | |
| Instead of $1.77, we have $3.04, and that's per gallon. | |
| For lumber, we have $332, back when Trump was in office, and now we have it at $1,390. | |
| Coffee is at $0.96 a pound. | |
| During Trump's presidency, it's $1.45 with Biden. | |
| With Trump, it was $5 a bushel for wheat. | |
| Now it's $7.07 a bushel. | |
| Corn is $3.19 a bushel when Trump was president. | |
| Now it's $6.44 a bushel. | |
| Copper was $2.33 a pound when Trump was president. | |
| And now it's $4.71 a pound. | |
| Yes, everything is just fine. | |
| And then we had Mike Pompeo. | |
| He tweeted this out on May 18, 2021, and it says the following, Democrats only pretend to care about jobs. | |
| Our administration protected the environment, but we didn't do it on the backs of the American worker. | |
| There were more job openings than people looking for work for much of these past four years. | |
| And what Biden and the central bank, what they're trying to do, they're trying to keep people from going back to work. | |
| This is why they're continuing with their stimulus agenda. | |
| See, this was supposed to go on for a very long time. | |
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Why Bitcoin Matters
00:09:29
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| It was never supposed to be countered. | |
| But what's happening right now? | |
| The states are not going along with their plan. | |
| Let's talk about being prepared. | |
| Violent crimes against Uber and Lyft drivers is at an all-time high. | |
| Unfortunately, those in this field can't carry guns unless they want to risk being fired by Uber or Lyft, so there's little they can do to protect themselves. | |
| One way is using a fighter flare flashlight by Prepper's Peak. | |
| What is the fighter flare flashlight? | |
| It's the best way to defend yourself for those who can't or don't want to carry a gun. | |
| You can effectively blind attackers with the ultra bright strobe light, charge your phone with built-in power bank, light a flame with a built-in lighter, and charge it all with solar energy. | |
| I highly recommend the Fighter Flare flashlight. | |
| Try it today for 20% off by going to fighterflare.com and use the code X20 for 20% off or click the link in the description. | |
| Florida already said, listen. | |
| We're no longer doing the pandemic unemployment. | |
| Texas just announced that we're no longer doing the pandemic-related unemployment benefits. | |
| So now we have 18 states that are no longer going along with the pandemic unemployment benefits. | |
| These 18 states just countered The central bank's plan. | |
| And there's going to be many, many more states joining this. | |
| Which means the central bank plan, it's going down the tubes. | |
| Everything that they want to do will fail. | |
| Does that mean they're not going to try again? | |
| Of course they are. | |
| Remember, they need to keep everyone away from precious metals and any type of alternative currency. | |
| Because if people get wind that there's an alternative currency, That will allow them to move from a system that is imploding into a system that will protect their wealth. | |
| They need to do whatever they possibly can to force people away from that. | |
| And they've been doing this for years with the precious metals market. | |
| They've been suppressing gold and silver on purpose to keep people away from it because over time if people We're watching gold and silver and they saw gold go from $200 to $500 and then from $500 to $1,000 and then $1,000 to $2,000 $2,000 to $5,000 $5,000 to $10,000 10,000 to 15,000, all the way up to $34,000. | |
| That's what the usdebtclock.org says right now, if we use the calculations going all the way back to 1913. | |
| People would then start to question the fiat system, not just here in the U.S., but around the world. | |
| And they could never, ever allow that to happen. | |
| And then we have something that they can't control. | |
| Yes, they're trying to control it, but it's very, very difficult. | |
| We have cryptocurrency. | |
| And they do not like cryptocurrency whatsoever, not because of what they're telling you. | |
| That's their cover story. | |
| Oh, we don't like Bitcoin because criminals use it. | |
| Oh, speculators use it. | |
| It's very dangerous. | |
| Yeah, like the stock market is perfectly safe. | |
| Right. | |
| We have no problem with that. | |
| But cryptocurrency, that's crazy talk. | |
| So they keep putting out the stories about cryptocurrency, like Bitcoin. | |
| Where the hackers behind the Colonial Pipeline, they received 90 million of Bitcoin before shutting it down. | |
| Now, of course, they're going to continue to use these stories because they're trying to convince people that you don't even want to look at it. | |
| Stay away from it. | |
| Just like they told everyone that gold is a barbarous relic. | |
| Now, China, for the millionth time, They said that they're going to ban financial and payment institutions from cryptocurrency business. | |
| Now, what are they so afraid of? | |
| Why are they so worried? | |
| And what did they say? | |
| Well, they warned investors against speculative crypto trading. | |
| Haven't we heard this before? | |
| Go back to the 70s. | |
| Didn't we have speculators in the gold market? | |
| And this is why we had to temporarily come off of the gold standard? | |
| Well, it wasn't really temporary. | |
| It was over 50 years. | |
| But they used the same exact wording. | |
| Very interesting. | |
| They're trying to keep everyone away from the alternative currency because if everyone got together and everyone decided and now it's easier than ever to make a move Their entire system would be destroyed in a push of a button. | |
| That's what they're so afraid of. | |
| Now with gold, it'd be a little bit more difficult because you would have to get the physical gold. | |
| Is gold an incredible store of wealth? | |
| Absolutely! | |
| Is silver? | |
| Absolutely! | |
| But with cryptocurrency, people can do it very, very easily. | |
| The world can do it very, very easily. | |
| Now, in the posts, there was one post that said gold will destroy the Fed. | |
| Now, does that mean physical gold? | |
| Something that is compared to gold? | |
| Because what's very interesting is that there are many different articles now coming out about cryptocurrency. | |
| And here's the latest, and this is from CNBC. And it says the following. | |
| The total value of the cryptocurrency market is now above $2 trillion, putting it nearly on par with the amount of gold held as an investment. | |
| Crypto supporters often cite the potential for Bitcoin to rival gold as long-term store of value. | |
| Investors need to find return streams that can hedge debasement risks and be diversifier of equity risk at higher levels of inflation. | |
| This is coming from Bernstein, noting that cryptocurrencies can fit that bill. | |
| That's very interesting. | |
| So if Bitcoin is reaching that level, Area of gold. | |
| And from the post, we know that gold will destroy the Fed. | |
| Does it mean physical gold? | |
| Or does it mean something else? | |
| But we know one thing for sure. | |
| The deep state players, the private Western Central Bank, they're very worried about alternative currencies, especially those currencies that people can just move right into without blinking an eye. | |
| And that's what they're panicking over. | |
| Now, yesterday when I talked about the energy that is being used by Bitcoin, by mining gold, by the financial institutions, the banking institutions, the banking institutions, it's not about creating the currency. | |
| It's the transactions, it's the ATM machines, it's the data centers. | |
| Creating the currency takes no energy. | |
| But all the transactions and everything else takes a lot of energy compared to Bitcoin, compared to gold. | |
| So when we're talking about energy, that's what we were talking about. | |
| But we noticed that there's a lot of news with Elon Musk about how there's an energy problem, how he doesn't want to use it to sell Tesla cars, which was not a big part of the business, and how he was going to sell Bitcoin. | |
| Well, it brought the price of Bitcoin down, which I find very interesting. | |
| There's a lot of people now purchasing it at this lower price. | |
| I mean, is it really that low? | |
| I mean, it's hovering between $42,000 and $44,000. | |
| Think about that for a second. | |
| $42,000, $44,000. | |
| And that's how many dollars it takes to buy one Bitcoin. | |
| If you go to the usdebtclock.org, it says that gold should be around $34,000. | |
| It's very interesting how they're very, very close to one another. | |
| And we can see the central bank, they're in a deep panic over this. | |
| And as more and more people wake up, people are going to make the move. | |
| Remember, we're in the beginning phases. | |
| We've seen all this before with gold. | |
| Remember when gold hit 1900? | |
| And then in 2011, 2012, it was pushed all the way down to 1100. | |
| People thought, oh, it's going to go to 700. | |
| It never did. | |
| That's the central bank. | |
| That's the fake news trying to push their agenda. | |
| They're trying to keep people away from it. | |
| They've done this for a very long time, but I think the people are catching on now. | |
| I think the people are starting to realize what's really going on and understanding their game. | |
| Because when they put that news out there, the smart people, what do they do? | |
| They buy it, just like the real estate market. | |
| When the real estate market crashes, yes, I know there's a lot of people that sell, but the smart investors, you know what they do? | |
| They pick up the cheap real estate because they know that it will start to move up again. | |
| And I do believe the central bank's push, well, it's failing, just like the Great Reset. | |
| Listen, everyone, thanks a lot for listening. | |
| Be well, be safe, and especially be prepared. | |