Knowledge Fight Interactive Search Tool

All Episodes

Previous Next

Jan. 13, 2022 - X22 Report

20:22

Ep. 2675a - [CB] Panic, Congressman Puts Everything In Motion, Digital Gold

Large

Audio Only |

Scroll

Time	Text
	Hi and welcome, you
	You're listening to the X22 Report.
	My name is Dave and this is episode 2675A and today's date is January 12th, 2022 and the title of the episode is Central Bank Panic, Congressman Puts Everything in Motion, Digital Gold.
	Let's talk about your health.
	Weight management is a universal struggle.
	After we turn 20, the struggle becomes much harder.
	This is because our body's metabolism slows by as much as 4% each decade.
	This is why I highly recommend KetoWithX22.com.
	This is an amazing powder that helped many people lose weight in a shorter period of time than anything else they've tried.
	Much like the keto diet, it can help elevate levels of fat-burning ketones and for For every order today, Biotrust donates a nutritious meal to a hungry child in your honor through our partnership with NoKidHungry.org.
	To date, Biotrust has provided over 5 million meals to hungry kids.
	Please help Biotrust hit their goal of 6 million meals this year.
	If you want to help support your weight loss, you'll love KetoWithX22.com.
	Get up to 51% off for the next 24 hours by going to KetoWithX22.com or by clicking the link in the description.
	Let's get into the economic collapse financial news.
	Now, the deep state, the private Western central bankers, the corrupt politicians, they are trying to explain to the American people, and remember, the American people are watching everything as it progresses.
	There is no great war.
	There is no global shutdown of the economy.
	The pandemic is fizzling out.
	They don't have the cover story right now, and they're trying to explain why we're seeing what we're seeing.
	Actually, the Biden administration, with their president, Press people, they're out there saying, this is a strange phenomenon that's going on right now with inflation.
	We don't understand.
	You know, it's because of the pandemic.
	And they're trying to give all these different excuses of why this is all happening.
	But you see, in the past, normally they would have a cover story.
	They wouldn't have to explain all this away.
	They would just say, look, it's the global economy.
	It's shut down.
	What do you expect?
	Hey, look, we're in war.
	What did you expect?
	Hey, it's the pandemic.
	What do you expect?
	It's a cyber attack.
	Of course, this was what we're going to see.
	See, at this point, they don't have any of these.
	And the people are seeing it very, very clearly.
	Now, this doesn't mean the deep state, the private Western Central Bankers aren't going to try something, which they probably will.
	But you have to remember their entire goal here.
	Number one, they're trying to bring us into the Great Reset.
	And this means they have to make the people suffer.
	They have to make the people push to move into the Great Reset.
	They have to be the ones to say, you know what?
	We can't take it anymore.
	There's no food.
	Energy is gone.
	We can't heat our homes.
	Fuel prices are out the window.
	We need something different.
	This is what the private Western central bankers want people to do.
	Number two, they don't want people looking at alternative currencies.
	They don't want people to understand that there's another way.
	Now, if you're a private Western central banker and you're trying to keep control of your system, bring everyone into the great reset, you don't want people looking at gold and silver.
	You don't want people looking at cryptocurrency.
	What would you do to stop these countries, the people from looking at it and transitioning Well, if there is a country that decides, hey, we're going to do things outside of the central bank system, what do the central bankers normally do?
	They make it look like, and they push as hard as they can to show everyone this isn't a good idea.
	How do they do this?
	Remember, everything is pegged to their fake fiat system.
	They make it look terrible.
	And they manipulate the numbers to force other countries and other people not to do what this person or this country has done.
	And we can see that the IMF, the Private Western Central Bankers, they're already doing this.
	See, they're panicking because people are starting to figure out and understand what's really going on here.
	And they're getting very, very worried about this, so they have to make an example of a country or a people that decide to transition into a different system.
	Think about El Salvador right now.
	Think about what they were trying to do.
	They were moving a lot of their fiat currency into cryptocurrency, Bitcoin.
	What happened to Bitcoin lately?
	This would happen with gold and silver and everything else.
	It doesn't really make a difference.
	They had to show everyone, and especially that country, if you do this, it's going to be a disaster for you.
	And this is exactly what we see happening right now.
	We'll discuss a little bit more about this a little bit later.
	And we're also going to discuss how a congressman now introduced a bill to shut down...
	Parts of the central bank system where they want to bring us.
	We'll be discussing all this a little bit later, but first, let's take a look at this economy here because we can see that inflation has risen to 7%.
	Now, this is, and this is in 2021.
	This is the highest level since 1982.
	So that was 39 years ago.
	In 1982, inflation was at 7.1%.
	Remember, we were coming off the 70s back then where we saw very, very high inflation.
	This is why the interest rates were very high.
	Now, remember, Going back to the 70s, what did the central bank have to do back then?
	They had to raise the interest rates to control the inflation.
	Why?
	Because we came off the gold standard.
	As soon as we came off the gold standard, the value of the currency dropped like there was no tomorrow.
	That's why we saw inflation.
	This is why they had to bring the interest rates up.
	Now, remember, at the same time, we had wages.
	And everything else moving up at the same pace.
	So this was okay because you can do this at the beginning of this system.
	But it's a little different at the end of the system, which we'll be discussing in a little bit.
	But since we're seeing inflation and since we had inflation over 2021 here, even though they told us it was transitory, it was never going to last, it was going to disappear, it never did, we can see that things are up quite a bit.
	And this is what people actually notice.
	They don't go, oh, look, it's 7% and I'm going to the market.
	No, they look at it and they say, wow, look at the prices.
	They're way, way up.
	That's what actual people notice.
	They can tell them it's 1%, but if you go to the market and meat is double, the 1% is meaningless.
	So this is what people have seen, and this is coming from Charlie Belello.
	Gasoline is up 49.6%.
	Used cars, 37.3%.
	Gas utilities, 24.1%.
	Meat, fish, eggs, up 12.5%.
	New cars, 11.8%.
	Food at home, 6.5%.
	Electricity, 6.3%, and so forth and so on.
	And this is what people actually notice, because they earn their wages, they go to fill up their car, they go to the market, they buy food, and they realize, okay, here's my paycheck, this is what I paid, I paid the same thing just a couple weeks ago, and now I have less.
	That's what people actually notice.
	Now, like I said in the beginning, the beginning of the central bank system when they took us off the gold standard, it was very, very different because wages, the prices of food and everything else all went up at the same time because we're coming off of the gold standard.
	We were removed from the gold standard and all of a sudden the currency, the fiat currency from the central bank devalued like crazy.
	Is it the same today?
	No, it is not.
	And Andy Puzder put this out on Twitter.
	Here's the wage growth versus inflation charted updated for December based on BLS data.
	The blue line on top...
	Real wages are increasing.
	Redline on top, they're decreasing.
	Despite Biden admin claims, the situation for American consumers continues to deteriorate.
	So when you look at this and during Trump period of time, because this individual separated Trump and then Biden during Trump's presidency, wages were moving up and inflation was dropping.
	During Biden's administration, inflation now is above wages and wages are declining.
	That's the difference.
	And the central bankers, they're trying to do the same thing they did back in the 70s.
	They know that this isn't going to work, but it sounds good when they're talking about it.
	The people say, okay, this is great.
	We're going to control inflation.
	Yes, this is what we like.
	But actually what the central bankers, and let me translate for you, we're not actually going to control inflation.
	What we're going to do is we're going to slowly bring down the entire economic system.
	We can't tell you this, but this is actually our plan.
	Let's talk about your health.
	Weight management is a universal struggle.
	After we turn 20, the struggle becomes much harder.
	This is because our body's metabolism slows by as much as 4% each decade.
	This is why I highly recommend KetoWithX22.com.
	This is an amazing powder that helped many people lose weight in a shorter period of time than anything else they've tried.
	Much like the keto diet, it can help elevate levels of fat-burning ketones.
	And for every order today, Biotrust donates a nutritious meal to a hungry child in your honor through our partnership with NoKidHungry.org.
	To date, Biotrust has provided over 5 million meals to hungry kids.
	Please help Biotrust hit their goal of 6 million meals this year.
	If you want to help support your weight loss, you'll love KetoWithX22.com.
	Get up to 51% off for the next 24 hours by going to KetoWithX22.com or by clicking the link in the description.
	And they know that they need to do this because they need to bring us into the Great Reset.
	Why?
	Because they started the ball rolling during the beginning stages of the pandemic.
	They had governments print like crazy.
	Governments borrowed like crazy.
	They pushed stimulus like crazy.
	They actually took it and brought it out into the everyday economy.
	See, back in 2008, 2009, moving forward, The printing was to other central banks into the stock market.
	The banking systems would invest into the stock market to keep that propped up.
	And it never really hit the everyday economy.
	This was a little different because the pandemic said, gave them an opportunity to bring us into the Great Reset.
	Klaus Schwab even admitted to this.
	He said, this is the perfect opportunity to bring everyone to the Great Reset.
	So what we're going to do was going to create stimulus.
	We're going to have helicopter money, it's going to go directly to the people, and the people are going to put it into the economy.
	And now we have a lot of currency in the economy.
	That means we're seeing inflation.
	Now, remember, as we see inflation, that means the value of the currency is declining.
	And we can see the IMF is out there and they're a little worried about cryptocurrency.
	A new report by the International Monetary Fund suggests crypto and equity markets have become increasingly interconnected across economies over time, which raises financial stability concerns.
	The research found that Bitcoin and Ether, which rarely correlated with major stock indexes before the pandemic, helped diversify risk for investors by acting as a hedge against swings in other asset classes.
	Now, the correlation coefficient between Bitcoin and the S&P 500 has surged to 3,600 percent going from 0.01 to 0.36 after April 2020.
	Given crypto assets, relatively high volatility in valuations, remember, when it's pegged to the U.S. dollar and there's manipulation, they can make it look like it's highly volatile.
	Their increases, code movement could soon pose risks to financial stability, especially in countries with widespread crypto adoption.
	Think about what they just said here.
	Their increases, co-movement, could soon pose risks to financial stability, especially in countries with widespread crypto adoption.
	It further called for a coordinated global regulatory framework to guide national regulation and supervision and mitigate the financial stability risks stemming from crypto ecosystems.
	So when they say countries that adopted crypto...
	What country comes to mind?
	El Salvador.
	Why would the private Western Central Bank care about a country that adopted cryptocurrency?
	Because now they're outside of the central bank system.
	Now they have to show everyone that if you do this, We will make it so difficult for the people of the country, for the government, we will make it look like cryptocurrency is devaluing.
	And this is exactly what they're doing, because they're going to put pressure on everyone to try to force everyone out of crypto.
	This is what they did with gold.
	Remember 2008-2009, gold was hitting like 1900.
	They needed to force everyone out of gold.
	So with the paper markets, manipulation, they started to bring it down.
	Now, during this period of time, El Salvador...
	Has lost 10 million amid crypto slump.
	Now, think about this for a second.
	It doesn't mean they sold it and now they're getting less.
	Just holding it, they're saying they already lost 10 million.
	So this is almost like the stock market, if you really think about it.
	This is just on paper.
	They really didn't lose anything as of yet because, as we can see, crypto is starting to move back up.
	Now, once again, they're trying to push Bitcoin.
	As much pressure as possible on these countries, on the people.
	So the people say, listen, I don't think this was a good idea.
	I think we need to back out of this.
	And we'll have to see what El Salvador does.
	Now, does this mean that people are just going to drop it and run just like when gold dropped?
	No, what people do now is they realize what's going on here and they decide that, you know something?
	I am going to purchase some more of it.
	Actually, there is a billionaire.
	His name is Bill Miller and there's others who are investing in cryptocurrency.
	And people were asking him about his investments.
	What do you invest in?
	What's your portfolio look like?
	And people were kind of shocked when he said, hey, by the way, half of my portfolio is in Bitcoin.
	This is his argument.
	Bitcoin provides an insurance to financial catastrophe that no other asset can provide and is the only investment that can increase in value by 10 or 50 times.
	I think the average investor should ask himself or herself, what do you have in your portfolio that has that kind of track record?
	Is very, very underpenetrated.
	Can you provide a service of insurance against financial catastrophe that no one else can provide and can go up 10 to 50 times?
	The answer is nothing.
	Now, he calls it digital gold.
	Now, this is not the only individual that calls it digital gold.
	There are many other people that call it digital gold.
	And that is very interesting because as we know, gold is going to destroy the Fed.
	Now, what happens if digital gold is the lead-in and gold follows?
	And with gold, everyone looks at it because it's physical.
	People see the value increase when they lose control and it actually destroys the central bank system.
	Because think about what people are going to experience when gold starts to move up.
	See, if you have crypto and you have gold, both of these alternative currencies moving up, While the fiat currency is declining and people see this, what effect does it have on the fiat system?
	People are going to leave it.
	And people are going to look for a safe haven.
	And the central bank system The central bank players do not want this to happen.
	And they will push and fight to the very, very end.
	They will continue to do this and push fear to show that if you do this, you're going to lose everything.
	But in the end, I do believe these people are going to be the winners because the central bank will cease to exist.
	And we can see there are certain congressmen now, and there's a lot of bills waiting in the wings.
	This is just another one.
	And Tom Emmer, he is a congressman.
	He presented a bill prohibiting the Fed from issuing a central bank digital currency.
	Now, are these bills going to do anything right now?
	No, they're going to sit there in Congress.
	When will these bills actually do something?
	When there is an event, when there is a crisis.
	And I do believe Trump and the Patriots, they're going to use this to their benefit.
	And when there is something like this, all these bills that have been waiting in the wings, all of a sudden, here they are.
	Maybe we need to take a look at them.
	Maybe we need to stop the central bank system.
	Maybe we need to go back to the gold center.
	Maybe we need to use crypto.
	Maybe we need to stop them from using a central bank digital currency.
	Maybe we need to audit the Federal Reserve.
	And I do believe we're going to see all this come into play as time goes on.
	Now, this doesn't mean the central bank is just going to sit back and take it.
	You can see already they're trying to put pressure on other countries and the people.
	And they're going to continue to do this until the very, very end.
	In the end, they're going to become very desperate and they might resort to other things because they don't want to lose control.
	Remember, this is not part of their plan.
	Their plan is to bring us into the Great Reset.
	Their plan is to have full and utter control of the world.
	This is countering their plan.
	And you can see their panic right now.
	You see, if they weren't panicked, they wouldn't care about El Salvador.
	They wouldn't try to bring down with information by selling off Bitcoin and whatever else they do.
	They wouldn't care.
	But because they care, because they're worried about this, you can tell that they're panicking.
	And this is going to get worse and worse for them as time goes on.
	Well, I'll just have to see how this all plays out.
	But I do believe in the end, the people are going to see it all.
	The people are going to make the final decision.
	The people are going to realize we should have never had a private Western Central Bank.
	And if we go back, just like we said yesterday, go back to the founding fathers, They already knew this.
	See, now the people have to experience what they experienced.
	Now they have to understand why you should never have a private Western Central Bank.
	Remember, they fought for freedom.
	They fought against a private Western Central Bank back then.
	Now, the people have to see it firsthand.
	The people have to understand what exactly is going on.
	Once people understand They'll tell the story why this can never, ever happen again.
	Now, does this mean the central bank is going to try in the future to try to come back in?
	Yes, they've done it time and time again.
	And yes, people will have to fight for freedom once again.
	But at this point, it had to be shown to the people because the people don't even know what the Federal Reserve is.
	A lot more people are learning about it and people are going to understand it a lot more as we enter the crisis.
	And this is going to show the people the truth about the economy.
	Listen, everyone, thanks a lot for listening.
	Be well, be safe, and especially be prepared.

▲