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Dec. 5, 2021 - X22 Report
16:56
Ep. 2644a - The Economic Truth Has Been Revealed, The [CB] Doubles Down
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Hi and welcome
You're listening to The X22 Report.
My name is Dave, and this is episode 2644A, and today's date is December 5th, 2021, and the title of the episode is The Economic Truth Has Been Revealed, The Central Bank.
Doubles down.
Let's talk about protecting your wealth.
Now, something's not adding up, is it?
Stocks are at a record high, but the government just borrowed $5 trillion.
Inflation is transitory, but just went up to 6.8%.
How much did your wages go up?
up.
Gas, electricity, a precious metals IRA with Noble Gold will help you avoid the worst of this.
And this month, Noble Gold is giving away a free American The Beautiful solid silver five ounce coin with any qualifying plan you start.
Start by calling them at 877-646-5347.
That's 877-646-5347 or go to noblegoldinvestments.com or click the link in the description.
Let's get into the economic collapse financial news.
Now, the deep state, the private Western Central Bank, the corrupt politicians, they are losing the narrative, the economic narrative.
They are not in control of it.
Now, think about what's been happening this entire time.
The central bank, the Biden administration, they've been telling us that there's no inflation.
Actually, the central bank came out and said it was transitory.
Biden actually came out and said, hey, all the economists say there is no inflation.
There's nothing to worry about.
Then all of a sudden they said, yes, it's going to be transitory for a very short period of time and it will disappear by summer.
Then they said the fall, then they said winter, then they moved it into 2022 and they kept moving the goalposts.
Now, what's very interesting about this is we know that inflation hurts the lower income people, the middle income people, and it takes a little while to reach the rich.
And we know that inflation doesn't help society.
It actually hurts society.
We've seen it in Venezuela, in the Weimar Republic.
We are seeing it in Turkey and many other places.
Now, the fake news, they're trying to get ahead of all this and try to convince people that, hey, inflation is actually pretty good and bad for rich people.
So they put out an article, and this is coming out of CNN, why inflation can actually be good for everyday Americans and bad for rich people.
And they're talking about those people that are in debt.
But if you're in credit card debt, well, that's not going to help you because the interest rate is variable.
Fixed rates, well, that's on your mortgage, and this will help you in the long term.
Well, if that is the case, then why wouldn't we have inflation all the time?
See, they're talking about the inflation when we're going back to the beginning of their system back in the 70s, when we came off the gold standard, because they're talking about wages rising.
See, back then we were on the gold standard.
There wasn't that much debt.
And when they took us off the gold standard, they were able to raise the rates to 16, 17 percent.
And people earned quite a bit on their money.
Plus, as people saw inflation in the beginning stages, remember, it's an illusion.
Wages went way up.
So did everything else.
Now we're at the end of the system.
It's completely different.
Why do you think interest rates are at zero or negative?
Why do you think wages haven't been really going up?
Because we're at the end of the system.
They're trying to make the case, but it's not working.
So if inflation is so great, why would they tell us we're not seeing inflation?
Why would they say it's transitory?
If it's so great for the people, why would the Fed need to control it over time?
Does that make any sense?
Have they really been controlling it?
No, we know they haven't been.
We know since 1913 to now, the value of the currency has dropped.
If inflation is so great, Why more journey?
Just keep it.
Why did they abandon it later on?
Why did you need a wheelbarrow to pay for a cup of coffee?
A wheelbarrow full of cash.
They're trying to make the case, but people aren't buying it.
You know why?
Because when they go to the fuel pump, when they go to buy food, when they try to heat their home, when they try to pay bills, they're realizing the truth.
Just like out in Turkey, there are major protests right now out in Turkey because they're seeing inflation.
People can't make ends meet.
They're having a difficult time.
And we can see that the fake news, they're losing the narrative.
The Biden administration, they're losing the narrative.
The central bank is losing the narrative.
And we can see that the economy is falling apart.
Now, remember, the economy is falling apart because they were preparing to bring us into the Great Reset.
Everything was in motion.
This is why the fake news is going to continually put out articles telling you that everything that you're witnessing right now is actually good for you.
Because remember, their plan was to keep the global economy shut down, to have the entire thing implode, and the excuse was going to be the pandemic.
Trump countered this.
So everything that you see from the news now, they're going to tell you it's going to be great.
Because they're pushing the narrative that the central bank wants them to push.
All the loss of jobs and everything?
Fantastic.
This is something that we need.
Trump put out a statement about jobs.
He says, America fell 340,000 jobs short of the very modest expectations set by economists.
That's because Joe Biden is a one-trick pony.
Get the vaccine.
But no one trusts the administration.
I developed the vaccine when everyone said it wasn't possible.
Now, without Trump, that's their only solution.
This administration is destroying America before our very eyes because there is no leadership.
Besides my vaccine, this is the administration of no jobs, massive layoffs, high gas and energy prices, high crime, empty shelves, open borders, and a horrendous surrender and evacuation from Afghanistan.
A lot of effort and money went into rigging the 2020 presidential election.
Only to destroy the country.
Was it worth it?
Think about what he's saying right now.
He's basically showing everyone what the deep state plan always was.
It's accelerated right now, and you can see everything.
Let's talk about protecting your wealth.
Now, stocks are at an all-time high.
The economy is wrong.
Houses are selling in a week.
Interest rates are at zero, and the government just printed $5 trillion.
What could possibly go wrong?
Meanwhile, consumer confidence hit a 10-year low, and inflation hit 6.8%, with parts of the U.S. seeing rates as high as 8%.
Something's not adding up, is it?
So, what can you do?
You can play it safe.
Putting some of your assets into precious metals will keep your money away from the volatile markets and inflation and let you sleep at night.
This month, Noble Gold is giving away a free America the Beautiful Solid Silver 5-ounce coin with any qualifying plan you start.
So talk to an expert at Noble Gold and they'll run through the options to keep your money safe.
No pressure, no hassling, no call centers, just a chance to speak to someone who knows what they're talking about for once.
How refreshing would that be?
Start by calling 877-646-5347.
That is 877-646-5347.
Or go to their website, noblegoldinvestments.com or click the link in the description.
But let's go back a little bit in time because it seems that the economic truth was just revealed.
Now, remember, going back in time, Trump decided to put certain policies into place.
He cut taxes.
And when he cut taxes, what did the fake news do?
What did Pelosi do?
What did the rest do?
They all said everyone's taxes are going to go up, and he's doing this to benefit the rich.
And this is what Nancy Pelosi said back then.
House Republicans' tax bill would increase taxes for 12% of Americans next year, according to a new report from the Nonpartisan Tax Policy Center, Pelosi said.
So back then they said taxes were going to go up.
It was going to benefit the rich.
And what happened?
Well, the evidence is in.
It took some time, but it seems the IRS data has now proven that Trump's tax cuts benefited the middle working class Americans the most.
Income data published by the IRS clearly show that on average, all income brackets benefited substantially from the Republicans tax reform law, with the biggest beneficiaries being working and middle income filers.
Not the top one percent, as so many Democrats have argued.
when you look at the analysis of the IRS tax data When you look at the analysis of the IRS tax data, one that includes the effects of tax credits and other reforms of tax codes, it shows that the filers with an adjusted gross income of $15,000 to $50,000 enjoyed an average tax cut of 16% to 26% in 2018.
The first year Republicans' tax cuts and Jobs Act went into effect in the most recent year for which data is available.
Filers who earned $50,000 to $100,000 received a tax break of about 15% to 17%.
And those earning $100,000 to $500,000 in an adjusted gross income saw their personal income tax cut by around 11% to 13%.
By comparison, no income group with an AGI of at least $500,000 received an average tax cut exceeding 9%.
And the average tax cut for brackets starting at $1 million was less than 6%.
So basically, everything that they were talking about, about the tax cut bill, is completely fake, phony, and false.
And now we have the IRS data, which absolutely proves it.
So people now are looking at the economy.
They're seeing it fall apart.
Trump is continually mentioning it, letting everyone know, look what they're doing here.
The fake news is trying to cover for the Biden administration, letting everyone know, hey, inflation's good.
You're going to love fuel prices.
They're going to keep going up.
You're going to love food costs.
They're going up.
Your wages aren't.
But don't worry about it.
It's really, really good for you in the long run.
No one's buying this.
And people are looking for the truth teller once again.
And here we are.
We have facts and data that backs this up now.
It's no longer a guessing game.
There's actually facts.
Now, we can see the IMF, they're taking this to the next step.
They're doubling down.
This is what they wanted from the beginning.
They wanted the pandemic so they could explain away why their economic system is falling apart.
Remember, they put everything in motion right now.
And Trump countered it, so now they're bringing in Omicron to continue with their plan.
But it's not going to work.
Why?
Because the world is not going to be shut down.
It's too late for that.
Yes, countries are trying to lock down because they're taking their orders from the top.
They're trying to bring us back to where we were supposed to be back in 2020.
But this isn't going to happen.
It's going to fall apart.
And we can see the IMF out there, the head of the IMF, they're saying that the global economic growth projections from the IMF will likely be downgraded due to the emergence of Omicron variant.
Now remember, the IMF, they always put out their projections and pretty much they've been wrong almost every single time.
They were expecting the global economy to grow by 5.9% this year and 4.9% next year.
Now they're saying they're going to have to downgrade all of this because of Omicron.
It might even get a lot worse.
They're blaming everything now on Omicron, the pandemic.
They're going back to their original plan.
But the world is waking up.
The world is protesting.
The world is fighting back.
And their plan?
It's not going to go anywhere.
They can try, but it will fail.
And we can see it failing already.
Now, we know from the past couple of weeks, we had Hillary Clinton, the SEC, the chairman of the SEC, some rich individuals, all saying that we don't like Bitcoin.
The SEC chairman said, listen, Bitcoin can replace the dollar.
Hillary Clinton says, we need to get rid of Bitcoin.
The central bank says, we need to get rid of Bitcoin.
Wealthy individuals who are the insiders say, we have to get rid of Bitcoin.
So we could see what they were leading up to.
To get people away from an alternative currency, almost like gold and silver, what do you have to do to it?
Well, you have the paper markets for gold and silver.
What do they do?
They suppress it.
So this way you say, oh, you know what?
I don't want that.
It's going down right now.
What are they doing with Bitcoin?
We see that certain individuals in Wall Street, remember, Wall Street doesn't want Bitcoin.
Wall Street wants their system that they have.
Basically, they were selling Bitcoin off.
They were pushing it down.
Why?
Why would they do that?
Why would they use information to push it down?
Because they're trying to steer people away from it, just like they steer people away from gold and silver.
But the smart people, they realize what's happening.
And watch how everything starts to bounce back.
You see, people no longer are listening to these individuals.
People see something very, very different now.
And as time goes on and the economy fails and you see more inflation, people become wise to all of this.
And actually, they wait for them to do these type of things.
Why?
Because why would you purchase something if it's 70,000 a coin?
Wouldn't you wait until it drops to 40, 42 and then goes back up?
Same thing with gold.
Remember when gold was dropped to $1,100?
This was back in 2011 or so.
You didn't purchase it when it was at 1900.
You waited because you knew what the central banks were going to do.
They're going to manipulate it.
So every time it moved up, people waited until they pushed the paper markets and made it fall.
People then gobbled up the gold and silver and then they waited again and it was a game that everyone played.
The same thing's happening with Bitcoin.
People are starting to realize the game.
Once you understand the game, you know how to play it.
And a lot of people are starting to do this.
This is not going to hurt the alternative currencies.
This is actually going to make them more attractive to everyone.
And people are not selling off because, oh, look, it dropped.
Actually, people are doing the opposite.
And this is going to hurt them in the end.
Everything that the private Western Central Bank, these Wall Street individuals and the rest, everything that they're trying to do, Will not benefit them in the end.
The narrative that they're trying to control will not benefit them in the end.
People understand.
They know what's going on now.
Just like with inflation.
I mean, you could put out article after article telling you how great it is.
But when you're sitting there and you're working and it costs $10 a gallon for gas and food is doubled, You know firsthand that, no, this is not good for me right now.
This is not helping me.
This is making it harder for me to survive.
This is why their argument, this is why their whole entire narrative is going to fail in the end.
The same thing with alternative currency, the same thing with everything.
They're on the losing end of all of this this time.
You know why?
They don't have the cover story.
They don't have the Great War.
They don't have the pandemic that they were pushing.
Even though they're trying to get it back, it's not going to work.
This is why you see protests today.
You see it in Germany.
You see it in France.
You see it in Belgium.
You see it in Austria.
You see it in Australia.
You see it in New Zealand.
You see it all around the world.
Did you see protests back in 2020?
No.
You see it now because people...
Are waking up.
The central bank, the deep state players, they're doomed.
The people are going to continually call them out.
The people are going to know who's responsible for all of this.
And in the end, the people will want something completely different than what they're offering.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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