All Episodes
Previous Next
June 23, 2021 - X22 Report
15:48
Ep. 2509a - [CB] All Assets Deployed To Protect Their Fiat System, Look Here Not There
| Copy link to current segment

Time Text
Oh, my God.
and welcome You're listening to the X22 Report.
My name is Dave and this is episode 2509A and today's date is June 23rd, 2021 and the title of the episode is Central Bank All Assets Deployed to Protect Their Fiat System.
Look here, not there.
Let's talk about your health.
Anyone who's tried to lose weight, tone up, or get fit has likely heard of the keto diet.
It's a diet that's been used by celebrities and Hollywood elite for years.
It works, but it's more challenging than most care to realize.
The average person cannot follow a strict keto diet for various reasons.
This is why I recommend KetoWithX22.com.
People have experienced weight loss and slimmer stomachs within days of taking the amazing powder.
It gives you the benefits of ketosis without the strict no-carb diet typically associated with keto.
You need to get KetoWithX22.com, so go to KetoWithX22.com or click the link in the description to get 51% off for the next 24 hours.
Let's get into the economic collapse financial news.
Now the central bank, the deep state, the corrupt politicians, fake news, big tech, you name it.
Everything they do is not for the best interest of the American people.
What they do is for themselves.
They make it seem like they're doing everything for the American people.
And they manipulate it so it sounds like they're doing everything for the American people.
But in reality what they're doing, it's always the opposite.
It's the opposite of what they are saying.
Does the fiat system help the American people?
Did it help that the central bank took over and they created the currency?
That they created interest which was attached to the currency where the government had to borrow that currency, which then in turn needed some type of mechanism to collect that interest in the form of taxes.
Did that benefit the American people?
No, it did not.
Think about everything that they have done.
And I'm not just talking about the private and central bank.
I'm talking about the deep state, especially with their policies and making America economically strong.
Are all the manufacturers here in the United States?
Are wages increasing like we've never seen before?
Taxes going down?
No, we see the opposite happening.
Actually, when Trump was in his presidency, what did we see?
We saw fuel prices drop, taxes being cut, businesses were allowed to expand.
We saw tariffs placed on other countries.
Those funds being brought back here to the United States, which actually helped certain industries like the aluminum industry and the steel industry.
Everything the Deep State and the Private Watson Central Bank does is the opposite of that.
That is what he was showing, we the people.
And we can see it very, very clearly now.
Because what he did was he reversed everything and he wanted everyone to see what their plans would actually do.
How they would not benefit the people.
Think about what Biden did out in the G7 with Putin, actually right after the G7. Before he even went out there, what did he do?
He gave away the Nord Stream pipeline.
Did he have any bargaining power?
No.
And then he went ahead and told Putin which Areas in this country are off limits because it would bring down the entire economic system.
It would hurt America.
Think about that for a second.
He actually pointed out and told Putin.
Now, was this to help the American people?
No.
It was to set everything up.
Is Putin actually going to cyber attack America?
No.
This is about the deep state.
We'll be talking a little bit more about that in the next report.
But we can see with Biden's plan, and it's not really Biden's plan.
Remember, he's a puppet.
He's taking the orders from the puppet masters.
Everything that they're trying to do does not help the American people, just like the Affordable Care Act.
Did that really help the population here in the United States with health insurance?
Is the health insurance system working beautifully?
No.
Basically, it was to bring the lower class onto the system where they didn't have to pay.
So now they're dependent on the government.
They were hoping that the middle class would pay for it all.
But what happened was everything got too expensive.
People couldn't afford it.
So they decided they'll take the penalty instead.
And if you actually add on a penalty and you penalize people, how great can your health insurance system actually be?
It isn't.
And now we have Biden, who's taking orders from the puppet masters, and he's trying to tell us that, listen, we're only going to be taxing the rich.
I think we heard this story before.
This was the story that the private Western Central Bank told everyone else.
We're only going to tax the wealthy.
Don't worry about it.
And then all of a sudden, it was the wealthy, the upper middle class, the middle class, the lower middle class, and the poor.
Everyone was taxed.
So he said, yes, we're only going to tax those people making $400,000.
Then we come to find out it was actually combined income of $400,000.
It was $200,000 apiece.
And what we're coming to find out is that the other portions of his tax policy, well, it's going to be the middle class death tax.
Now, there is a report out there, and this is from the Tax Policy Center.
Three quarters of households earning between $75,000 and $100,000 annually would face pay an additional $440,000 per year in taxes under the Biden's tax hikes.
At the same time, about 69% of those earning between $100,000 and $200,000 would see their tax bill rise about $830,000 on average, while 83.7% of those earning between $200,000 and $500,000 would see an increase of $2,040 on average.
Now, the report explained that Biden wants a slew of tax hikes, including raising the corporate tax rate to 28% from 21%, nearly doubling the capital gains tax rate to 39.6% from 21%, restoring the top individual income tax rate to 39.6% from 37%, and taxing capital gains at death.
The new top tax rate would directly aim at singles with taxable incomes of more than 452,700 and married couples with joint taxable income of 509,300.
Heads of households earning more than 481,000 and married individuals filing separate tax returns with income over 254,000 would also pay the higher rate.
The report explained while workers making $75,000 annually would not pay a higher individual income tax rate under Biden's proposal, they would see a share of their income shrink due to lower investment earnings and compensation, a byproduct of the higher corporate tax rate according to the Tax Policy Center analysis.
The Americans' family plan, as proposed, would impose a new death tax that would punish the middle-class individuals who chose to invest in America and leave something for their children rather than spend every dollar.
The plan does not move the goalposts.
It totally changes the rules of the game.
Currently, capital gains tax generally is imposed on profits when assets are sold.
Only estates worth more than 11.7 million are taxed on unrealized gains, meaning the increase in value of assets, even if they're not sold.
But Biden wants to close what he calls the trust fund loophole, reducing the threshold to $1 million.
But the analysis by Adler and California attorney Madison Spock shows how the heirs of young widow who bought a home for $250,000 decades ago could be hit with a massive tax bill upon her death.
The current law There would be no capital gains tax on the estate, but Biden wants tax on the increase in value, less an exemption of $1.25 million, at a tax rate of 40.8% on the remaining $1 million.
The tax bill would be $408,000.
So basically what they're doing here is they're just playing with numbers.
They make it seem like it's fantastic up front, but behind the scenes, everyone is going to pay, and pay quite a bit.
And people will not realize this until it's too late.
Just like with everything else.
You don't realize it until it's too late.
Take, for example, the Affordable Care Act.
Those people said, oh, yes, we would love this.
This would be great.
It's affordable because that's what's in the title.
And it sounds fantastic.
Until they put it into place.
Remember Nancy Pelosi out there saying, listen, you need to sign it.
Then you can read it.
Well, there's a reason for that, because they didn't want people to know until it was too late.
This is the same thing that's happening now.
It sounds great when they speak to you, when they say, hey, we're not going to tax the wealthy, just like the private ones and central bankers said in the beginning.
But what happens later on when it's too late?
Everyone's being taxed, and slowly but surely over time, they make you accept this.
That's how they work.
They like to have that time where they slowly introduce what they really want.
Trump actually took this away from them.
Trump made them speed up their entire plan.
Now, people can see a lot more of this very, very clearly.
And we can see the private ones and central bankers.
They're getting very, very worried about what's happening.
Remember, Trump robbed them of a war, of the pandemic.
He countered all of it.
And now the private ones and central bank is completely exposed.
If they're exposed and their fiat system is falling apart and we're going to see inflation, what do they have to stop from happening?
They can't allow people to see alternative currencies.
They can't allow people to see gold, silver, cryptocurrency moving up.
Why?
Why?
Because that would directly reflect on their system.
Look what they just did to gold.
It was approaching 1900.
Actually, it got above 1900.
And then all of a sudden, it was suppressed.
And where is it?
17 and change now.
Look what happened to cryptocurrency.
It was 60,000 plus.
And they had information come out.
They brought it down.
They had more information come out.
They brought it down.
They had more information come out.
They brought it down.
And what do we find out now?
We find out that Coinbase, they were found guilty of engaging in market manipulation.
Now, were they doing this on purpose?
Most likely.
But what else is very interesting, and also they were fined $6.5 million for false misleading or inaccurate reporting.
But the other thing that's very interesting is that the Coinbase co-founder, he's issuing a serious crypto price warning saying that Bitcoin is going to be approaching a death cross.
This is about putting fear out there, scaring people and trying to move them away from an alternative currency.
If you notice, all the news lately has been about how cryptocurrency is going to go to zero.
Remember, they have full control over the gold market through the paper market.
It's a little bit more difficult with cryptocurrency, and they have to use information to stop it from rising.
MLQ put out many different articles in one collage showing how they are pushing this information very, very hard, because you have to remember about the private ones in central banks.
They don't want people moving to alternative currency, especially when El Salvador decided to make Bitcoin Legal tender.
This is not what they want.
If they wanted cryptocurrency, if they wanted gold and silver, they'd be pushing this.
The reason why they push back against these other currencies is because, remember, it's their currency that they want.
They want people to understand and realize that their currency is the only currency.
It doesn't matter if it's paper.
It doesn't matter if it's digital.
And when we talk about digital currency, there's a difference between blockchain decentralized and the private Western Central Bank.
They will push as hard as they possibly can to stop people from...
Taking their fiat and transitioning it into another form of currency.
And they will do this until the very end.
This is how much they are panicking right now.
They realize that people are starting to understand.
And this is why they're pushing back so hard.
But eventually what's going to happen, like I said before, the people in the end, they will make the final decision.
And once inflation hits, once people really start to see how the fiat system is falling apart, the people at that point, well, they will slowly start to transition their currency into alternative currencies.
It could be gold.
It could be silver.
It could be crypto.
But eventually, people will do this to protect their wealth.
They're not just going to hold on to their paper currency.
As things start to really fall apart.
And this is what the central bankers are planning for.
Look over here.
Don't look over there.
And this is why you're going to see them really push their agenda right now.
And they're going to push it very, very hard.
Just like they did back in 2009, 2010, 2011.
When gold was moving up to 1900, their system was falling apart.
They didn't want people to realize what was going on.
So they took control of the entire system and built this gigantic illusion.
They needed to control the stock market.
They needed to control the interest rates.
They needed to control precious metals.
They couldn't let anyone see any of this.
Well, now they're completely exposed.
And now people have choices.
And now they're panicking.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
▲
Export Selection