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July 2, 2021 - X22 Report
17:29
Ep. 2517a - The Elite Just Said The Quite Part Out Loud, The Fed Pushes Their Narrative Into CBDC
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave in this episode 2517A and today's date is July 2nd, 2021.
And the title of the episode is The Elite Just Said the Quiet Part Out Loud, The Fed Pushes Their Narrative Into CBDC. Now, let's talk about investing.
Now, we've been hearing a lot about inflation, how you don't have to worry.
But last month, the inflation rate in the U.S. had the highest rise for 29 years.
You heard that right.
29 years, 1992.
That's a big, big problem for all of us with food and gas and everything else that's going up.
But it's terrible if you're planning on retiring anytime soon.
You need to put up an inflation dam to stop your savings and assets from eroding in value.
Noble Gold's expertise in retirement planning and IRAs means their team of specialists is your first stop.
Call them about this month's offer of a one-ounce American Eagle pure silver proof coin with an IRA or 401k.
Call them at 877-646-5347 or click the link in the description.
Let's get into the economic collapse financial news.
Now, while Trump was in his presidency, we know that he created an incredible economy within the confines of the central bank illusion.
There was a reason for this.
There was a purpose for this.
To show people what the economy can do, even though he was confined by the private Western Central Bank, that all the policies from presidents before him were not put into place to help we the people in this country, to make the economy great, to bring manufacturing back, to bring down fuel prices, to make things more affordable.
The private Western Central Bank, the deep state players, the corrupt politicians, their entire agenda was not that.
And Trump, he had to show the people what the economy could do.
And that's exactly what he did because he knew that once they cheated their way in, people were going to see the difference.
Remember, they were going to revert back To their old policies.
Actually, they were going to take those old policies and multiply it by 100 because they're way behind schedule for the Great Reset.
And this is exactly what we're seeing.
Now remember, Trump, right before the pandemic, the economy was roaring under or within the central bank illusion.
And then the pandemic hit.
We closed down the world artificially.
And then the world opened up again.
Not all of it at once, but those same jobs that were there, they just opened up and people started to go back to work.
Now, think about what has been happening here.
Trump, he created an incredible economy.
He showed people what the economy could do.
Now, after the pandemic, once Joe Biden came into office, all he had to do was keep what Trump was doing, almost like the border.
But that wasn't part of their agenda.
Now we are seeing the true nature of what they want to do.
The economy now has reached a point and now it's starting to reverse.
If you look at the unemployment numbers, yes, the economy opened up in all the other states.
People went back to work.
No, Biden administration, as they say, we created three million jobs.
No, those jobs were already there.
Basically, people were just going back to them.
You didn't create them.
They were already there.
Because we shut down the entire economic system artificially so people can go to work.
So that counted as unemployment.
Then people went back to those same jobs.
There was no jobs that were created under Biden.
It's a falsehood.
And now we see the unemployment rate with all the states starting to open up, starting to inch up again.
Why would they move up if they're creating so many jobs?
Wouldn't they continue to come down?
Yes.
But remember, he has other policies in place.
So the unemployment rate went from 5.8% to 5.9%.
I wouldn't be surprised if that kept on moving up higher and higher.
Maybe up to the point in September, October, because remember, they've been paying people to stay out of work.
Those people, when their stimulus runs out, they're going to return to work Doesn't mean they created the jobs.
The jobs were always there.
People are companies, small businesses.
They're looking for people.
Remember, Trump created this.
Now, we have said this for a very long time.
You're going to start to see an economic difference between Republican states and Democratic states.
Republican cities, Democratic cities.
And we're already starting to see this.
We're seeing people move out of New Jersey.
We're seeing people move out of New York.
They're moving away.
Same thing with California and many other states.
And there was a survey done out in San Francisco and more than 40% of San Francisco residents are planning to leave the deteriorating city.
They're saying the city is just completely and utterly falling apart.
And there's no reason for us to stay here.
The homeless crisis is out of hand.
And now, for the second year in a row, people are saying, we are leaving this area.
Yes, people are seeing the difference.
As time goes on, more and more people will be seeing the difference.
Now, the White House, they put out a story to try to control the narrative of inflation.
And they put out a story that the White House said that, don't worry, this 4th of July, cookouts compared to last year, You're gonna save 16 cents.
Now, this is what they put, and there's a little GIF video here with this.
Planning a cookout this year?
Catch up on the news?
According to the Farm Bureau, the cost of 4th of July barbecue is down from last year.
It's a fact you must hear.
Hot dog, the Biden economic plan is working, and that's something we can relish.
And then they showed all the different types of food and how much you're going to save.
I mean, it's 16 cents here.
But they left out pretty much everything else.
So when you look at this, they're trying to convince you that you're saving 16 cents.
Now, let's take this to the next level here.
You're saving 16 cents.
Let's say you are saving 16 cents on this.
But remember, fuel prices have jumped up.
This time last year, the national average gas price was around $2.17 a gallon.
Right now, it's at $2.75.
On average, people are going to be paying about $3.09 a gallon.
Now, let's talk about investing.
Now, we've been hearing a lot about inflation, how you don't have to worry.
But last month, the inflation rate in the U.S. had the highest rise for 29 years.
You heard that right.
29 years.
1992.
That's a big, big problem for all of us with food and gas and everything else that's going up.
But it's terrible if you're planning on retiring anytime soon.
You need to put up an inflation dam to stop your savings and assets from eroding in value.
Noble Gold's expertise in retirement planning and IRAs means their team of specialists is your first stop.
Call them about this month's offer of a one-ounce American Eagle pure silver proof coin with an IRA or 401k.
Call them at 877-646-5347 or click the link in the description.
During this July 4th.
Now think about this.
You're gonna save 16 cents on the hot dogs and things like that.
But when you fill up your car, you're gonna be paying a lot more money, not 16 cents.
You're gonna be paying 15, 20, $25.
So let's move forward with this.
What else are we seeing?
Well, from the Wall Street Journal, They're reporting that overall consumer prices rose by 5% in May as inflation hits a 13-year high.
We have American Rising who put out a tweet and says Joe Biden's economic agenda is driving inflation to record highs, making your 4th of July gathering more expensive.
Propane, that is up by 30%.
Well, don't you need the propane to cook that food?
Well, if your barbecue only costs you whatever and you're saving 16 cents, well, you're going to pay a lot more to cook that barbecue because you have to pay 30% more.
Beef for burgers is up by 11.5%.
Buns for hot dogs are up by 30%.
And gasoline for travel is up 42%.
So where is the savings?
There is no savings.
We're seeing inflation.
They're trying to control the narrative.
They're trying to convince you that there is no inflation.
Biden's doing a great job, but people are smarter than that.
People know when they go to the pump.
People know when they go to the grocery store.
Remember, people have been doing this for a very long time.
They know what they're paying.
Most of the people out there are on a budget.
They know I have this amount of money to pay for fuel.
I have this amount of money to pay for food.
And when prices move up, or which really the value of the currency declines, people notice it right away.
I mean, if you really listen to your parents, your grandparents, and for those people that are my age, you know when you go to the grocery store, you say, wow, tomatoes are up.
Yep, look, meat is up.
You know right away.
So everything that they're saying, trying to convince the people that they're saving 16 cents, not going to work.
Now, what's very interesting is that we know the elite, the invisible enemy, the deep state players, the private central bank, they do not like the U.S. They don't like the Constitution.
They want to transform this entire economic system.
Yes, we are in a Federal Reserve Central Bank illusion, but this is not the system they truly want.
The system they truly want is total control.
Now, what's very interesting is that these oligarchs, the American oligarchs, the elite, they were being interviewed, and they said the quiet part out loud.
Take a listen.
China is doing all the things that we should be doing right now, and I can't help but think of what they've done to Jack Ma.
That amuses me, you know.
What about what they've done to Jack Ma?
He's kind of disappeared.
Well, yes, but Jack Ma's one of the swangers.
So they just cut his...
they said, to hell with you!
He basically gave speech when he said to a one-party state, you guys are a bunch of jerks and don't know what you're doing and I know what I'm doing and I'm going to do it better.
And he was going to wade into banking and no rules and just do whatever he pleased.
He also bought banking to a lot of unbanked people.
The Chinese communists did the right thing.
They just called in Jack Ma and said, you aren't going to do it, Sonny.
And I wish we had a...
I don't want all of the Chinese system, but I certainly would like to have the financial part of it in my own country.
So they just admitted that they want a financial system like the Chinese have.
Where they can shut down certain things.
Well, we're getting pretty close to that.
Think about PayPal.
Think about all these other institutions that just willy-nilly shut down people because they say, you know something?
We just decided that you violated the terms of service.
Even though they can't present any proof.
That is just the beginning.
If the private Western Central Bank had it their way, if these elite, the invisible enemy, if they had it their way, they would have a central bank digital currency.
They would push total control.
And like I said before, they are now pushing their narrative of trying to convince the American public That if you like crypto, if you like Dogecoin, if you like Ethereum, if you like any of these things, you're going to love the new Fed coin.
Remember, they're using cryptocurrency to push their central bank digital currency.
They're not going to be using the cryptocurrencies.
They don't have control over it.
It's decentralized.
They don't create it.
They can't stop people from using it.
All they're doing is using it to push off of and have their central bank digital currency look attractive.
That's why they're telling you that it's volatile.
I'm talking about the cryptocurrency market.
That's why they're telling you that criminals use it.
Use our safe central bank currency It's private, it's secure, and it's not volatile.
This is what they're trying to do, and this is coming from the St.
Louis Fed.
You've likely heard of Bitcoin, maybe even Dogecoin.
But what about Fedcoin?
Read more about the world of central bank digital currencies.
They're already pushing their narrative.
But like I said from the very, very beginning, people already know.
It's too late.
They thought they would be able to use this.
They thought they'd be able to convince the people.
They thought that they had the upper hand.
Now remember, they were going to push this with a cover story, a war, a pandemic, but now they can't.
What are people going to see?
Oh, it's called inflation.
If people see inflation, well, they're going to say, well, wait a minute.
This is your system.
It's breaking down.
Your fiat currency is losing value.
Why in the world would we go into your new system that you control?
Why don't we use something that's completely separate and apart?
And actually, let's take this a step further.
The new system right now, well, it's keeping up with your devaluing currency.
Even gold and silver is keeping up with the devaluation of the fiat system.
Gold is around $1,700.
Bitcoin is at $33,000, $34,000 a coin.
It takes 33 or 34,000 Federal Reserve notes to buy one coin.
Think about it.
It's keeping up with the devaluation of the fiat system.
Actually, if they didn't use the paper market to control the precious metals market, gold, silver would be right where cryptocurrency is today.
And yes, if they allowed that to happen, people would be scratching their head saying the fiat system is dead.
They know it.
But right now they're completely exposed.
And as they're exposed, as we move along in real time, people can see and make a decision for themselves.
And as time goes on and it gets worse and worse and worse, people will make that decision.
The central bankers know this.
They know they're running out of time.
They know they don't have a cover story.
Yes, they're gonna continue to push.
They're never gonna give up.
They never give up.
They won't give up until the very, very end, until they completely lose, and the people decide we are no longer using this, and then all of a sudden, boom, we have a crisis, an event, we don't need the central bank system, or the new Congress says, well, wait a minute, your system's imploding, we're seeing high inflation, we need to see what's going on here.
Start the audit.
Find out that they've been dealing in criminal activity and that all of a sudden the Federal Reserve is gone.
No, it's not going to happen in a week or two.
That's a very slimmed down version of what's going to happen.
But we can see that the people, in the end, they will be rising up, just like with election fraud, just like with the border, just like with crime across the United States, just like critical race theory.
Yes, eventually the people will rise up and the people will demand something different because they could see it all.
They could see the board.
It's exposed now.
The people, the patriots.
They're in control.
Listen to everyone.
Thanks a lot for listening.
Be well, be safe, and especially be prepared.
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