Ep. 2535a - Businesses Are Now Complaining About Inflation, Economic Distraction Coming
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 2535A and today's date is July 23rd, 2021 and the title of the episode is Businesses Are Now Complaining About Inflation, Economic Distraction Coming.
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Let's get into the economic collapse financial news.
Now the central bank, the Joe Biden administration, the deep state players, they were all trapped.
They didn't even see it coming.
They thought they had it made.
They thought they pulled one over the entire world.
And then everything that they were planning to do was completely countered.
And now, because of what they have done, because they were setting up for a global implosion, they put everything into place, we're starting to see what's really going on.
The people around the world are going to see what's really going on because it's not just the United States.
It's every single country.
Remember, the entire global economic system Is controlled by the private Western Central Bank system.
They're the ones who control it.
They were trying to push their agenda to bring everyone into the Great Reset.
They thought they had a cover story.
They thought everything was a go.
And now it's turning on them.
Everything they thought was going to happen is now turning on them.
Remember, they prepared for this.
This is why they wanted the governments to continually borrow the currency.
Keep everyone at home.
Pay everyone.
They didn't care what happened.
They didn't care if money was out in circulation and there was inflation because they would be able to explain it all.
Well, it's not our fault.
It's actually because of the pandemic.
That is the problem.
Now look what we're seeing.
We're seeing inflation all over the place.
And if you notice, the central bank, the Biden administration, the ECB, and all the other private central banks, they're having a difficult time explaining this.
Yes, they've been telling us, don't worry, it's just going to go away.
Nothing to worry about.
Just like in 2008 when Bernanke came out and said, listen, hey, we're not forecasting a recession anytime soon.
Just go about your business.
Everything is absolutely fine.
And what happened?
We saw a recession in the same exact year he was predicting there was no recession.
So here we are today, and we're going to be talking a little bit more about this a little bit later.
But what's very interesting is out in California, we know to watch California, we see Governor Newsom, he welcomed the nation's homeless into California.
Now he signed the largest homeless investment bill in the state history, where he wants all the homeless from all other states to come into California.
Think about that for a second.
The state that has a huge amount of debt, the state that has to continually borrow.
Why would they do this?
Well, it seems they're pushing a certain agenda.
And actually, the Los Angeles Sheriff Alex Villanova, he came out and he held a Facebook form and he said, that's really not what we need to do here in Los Angeles County.
He said the Venice Boardwalk encampment includes homeless people from 23 states.
But since LA County has half of the state's entire homeless population, we're not in a position to have all these people show up.
However, Governor, if you wish to have them in your vineyard, in your property, in your mansion, by all means, you have the freedom to invite them there.
But here in LA County, we're pretty much full.
And yes, all you're going to see is streets lined with homeless people.
Is this how you solve a problem?
No.
This is how you create a problem.
This is how you beg for more federal funds.
This is how you bring the state into the position of where they need it to be when we move into the Great Reset.
And we can see that the people of California, they're saying, we don't want this.
This is why Newsom is being recalled.
Because people are starting to realize and see firsthand what this individual is about.
Instead of bringing all the homeless people there, what should happen is we should create jobs.
But remember, the private wasn't central bank.
Their agenda, along with the deep state, they don't want to create jobs in the US. Actually, what have they been doing for a very long time?
They've been moving the jobs out of this country.
This is why Trump, when he came into office, what did he do?
He renegotiated NAFTA. He placed tariffs on China.
He was using that money to fund the farmers.
With the tariffs, he was able to revitalize certain industries.
He was bringing back companies.
Bringing back jobs.
Making deals with companies.
Don't move out of this country.
Before Trump, what were they doing?
Well, all the manufacturers, where were they moving?
China or to other countries.
Why?
Because the private world's central bank is imploding on itself.
As the currency continually devalues, can all these manufacturers stay here and manufacture their products?
What would the people see?
They would see inflation, which is the devaluation of their currency.
Most of the people probably wouldn't be able to afford a lot of the products today.
So what did the central bank have to do?
They needed to move everything out of the US and pay the people in other countries pennies on the dollar to create these products.
Plus, their agenda was to move the entire system, the central bank system, into another country.
This is the Great Reset.
And this is what we're seeing today.
And now with their entire push to bring us into the Great Reset, which they're not getting, people now are seeing inflation.
Businesses are complaining about inflation.
We know the CEO of Gristidi's supermarket said, yes, we're going to see food prices move up 10 to 15%.
Now we have Whirlpool's CEO, Mark Bitzer, He said his company is going to run face first into one billion worth of inflation this year.
He says we have raised prices across the globe and we feel we are in a pretty good position to mitigate the effects of raw materials.
He noted that the peak increases due to inflation would be materializing in the current quarter.
What happens as inflation continually gets worse and worse and worse?
What happens?
People are going to struggle.
People are going to have a very difficult time paying for these items.
It means you have less currency in your pocket.
Look at the fuel prices now.
Do you have more money in your pocket or do you have less?
You have less.
When you go to the supermarket, the same thing's happening.
We're not just seeing this here in the United States.
We're seeing it all over the world.
Out in the UK, we're seeing that the shelves, they're going bare.
A lot of people are panic buying because they see prices moving up.
This is what happens.
Just like when the Colonial Pipeline was hit, did we really have a fuel shortage?
No.
People panicked, went to the pumps, filled up extra tanks.
And remember, these gas stations, they only receive fuel maybe once a week.
They were not prepared to have everyone run to the station and not just fill up their car, but fill up all other tanks.
And this is why we saw some type of shortage.
Same thing with the toilet paper shortage.
People just ran and just got toilet paper.
Someone put out news.
Ooh, there's a toilet paper shortage and people ran to get this.
Same thing with disinfectant and everything else.
What happens when we're starting to see inflation and People are noticing this, and this is something the patriots want them to notice.
They want them to feel it because this is the only way you can have people demand change.
You can't just explain it to them.
Hey, by the way, What would you do if, you know, everything went up in price?
Well, you don't know what you're going to do because you never experienced it before.
Just like if we go back to the Great Depression.
Yes, you can look back in time, but during that period of time, while individuals were going through the Great Depression, they felt it very, very differently because they lived it.
The same thing's happening now.
You're going to live through this.
You're going to experience it.
And a lot of people are going to wake up from this.
Actually, we're all going to wake up from this because we all have the same thing in common.
If you cannot pay your electric bill, if you can't pay your insurance, if you can't pay for things, there's a problem, just like with the Affordable Care Act.
Most of the small businesses, the most of the people that were paying for the Affordable Care Act, which is the health insurance, they couldn't afford it anymore.
I'm not talking about the subsidized people, the people who were In the lower bracket, those people, their health insurance was getting paid for by the government.
They were okay.
But the large chunk of people in the middle, they couldn't afford it.
They rather take the tax penalty at that time because it was less expensive and they took their chances.