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Jan. 19, 2022 - X22 Report
16:22
Ep. 2680a - [CB] Right On Schedule, Fake News Projecting Rate Hikes
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Hi, and
You're listening to the X22 Report.
My name is Dave, and this is episode 2680AN. Today's date is January 18th, 2021, and the title of the episode is Central Bank Right on Schedule, Fake News Projecting Rate Hikes.
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Let's get into the economic collapse financial news.
Now, the deep state, the private Western Central Bank, the corrupt politicians, the puppet masters, they are right on schedule.
Think about what's been happening with alternative currency.
Bitcoin, gold.
Gold, they used to continually push down.
They manipulated with the paper markets.
But all of a sudden, during 2009, 10, something else emerged.
And it was cryptocurrency, Bitcoin.
And the central bankers, they didn't know what to make of this.
They weren't too worried about it in the beginning.
They still were worried about gold and silver.
And they didn't really pay that much of attention.
They did pay a little bit, but not much.
And then all of a sudden it started to gain traction.
And people started to realize, wow, this is an alternative currency.
We can use this to get paid.
We can pay people.
I can use it for my business.
And then people started to purchase it.
And as the economy continually slid and started to erode, as it's been doing for a very long time, People said, you know something?
I'm going to hedge my bet, just like I do with gold and silver.
I just have another alternative currency to use.
Fast forward all the way to today.
The central bankers are panicking over it.
You see, they thought they had everything locked down.
They thought, wow, these people are not going to know the difference.
We're controlling gold and silver.
They're not going to realize that fiat currency is in the dumps.
That it's worth absolutely nothing.
And we're going to be able to bring them right into the Great Reset.
And then, all of a sudden, Bitcoin.
Which is hurting what they're trying to do.
And there are countries right now, like El Salvador, who is deciding ahead of time to make sure that they protect Bitcoin.
The country and the people.
Now remember, the central bankers, they don't like this.
They don't want this to happen.
They don't want people to see this.
So what are they going to do?
They're going to do what they do best.
They're going to try to push cryptocurrency down as far as they possibly can.
This is why you see headlines if you've been looking around.
That Bitcoin is in a bubble.
Yes, they're going to bring it down as far as they possibly can.
They did this back in 2020, right when the pandemic first started.
They told us the market was going to crash.
The market was in a bubble at that time.
It's going to come straight down under Trump's watch.
Did it?
No.
They actually said this back in 2011-12.
Gold is going to be going all the way down to 700, 600, 500.
Did it?
No.
Look where it is today.
They're doing the same thing with cryptocurrency because too many people are starting to recognize it.
Too many people are starting to understand it.
And too many people are starting to purchase it.
Just a little bit, maybe.
But they don't want this to happen, especially with companies moving into it.
And they're going to try to make examples of these countries.
This is why they've been pushing it down.
Because they need to show the rest of the world, don't even try it.
And they will push and push and push until they can't push anymore.
Eventually what's going to happen is everything they're trying to do, it's going to fail.
We'll be talking a little bit more about this a little bit later.
But first, look out in California.
California right now, they want to create a single-payer health care plan.
Now, does this sound great?
It sounds great.
Yeah, let's do this.
Healthcare for everyone, even the illegals.
See, but they forgot to tell you the most important part of it.
That this is going to cost the people of California.
Now, the Tax Foundation, they suggest that the Assembly Constitutional Amendment, ACA 11, which requires two-thirds of both houses in the state legislature for approval, will introduce surface taxes atop the current individual income tax structure will introduce surface taxes atop the current individual income tax structure beginning at $149,500 in 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.
A graduated rate payroll tax system with a top rate kicking in for employees with more than $49,990 in annual income and a gross receipt tax of 2.3% excluding the first $2 million of business income.
Effectively, passing the legislation will increase California's taxes by $12,250 per household roughly doubling the state already high tax collection The top marginal rate for wages would raise to a staggering 18.5%, higher than the national median top marginal tax rate of 5.3%.
So basically, everyone's going to be paying for this.
Even if you never use it, you're still paying for it.
And let's add on top of all of this, that this is going to be run by what?
The government?
How do you think this is all going to play out?
Think about Obamacare.
Think about when that came into existence.
Do you know, out of all the exchanges that were put into place, 50% of them went bankrupt and Trump wasn't even in the picture yet.
Obama was still president.
And 50% of them went bankrupt.
Do you know insurance premiums skyrocketed like we've never seen before?
Because they thought by penalizing the people, the people would just go along and take the insurance they were offering.
But the people said, listen, this is too expensive.
I can't do this.
I'd rather take the penalty.
Because it's a lot cheaper than paying for this insurance.
And what happened was the entire thing started to fall apart.
And this is why Trump, when he came in, he was trying to get rid of this.
Who stopped him?
Congress.
Congress stopped it.
He did get rid of the penalty, thank God.
But he wanted to get rid of the entire thing because this isn't good for the country.
This was put together for control and to make sure the government was running everyone's lives because eventually it was all going to be centralized, just like California is trying to do.
Remember, California is the template.
How many people do you think are going to be moving out of California?
I think quite a bit.
Now, with the economy, Under Biden right now, we can see it's completely falling apart.
We know that the trucker mandates went into effect and the Canadian truckers, they are now protesting against the mandates.
They are parading around saying, you know, medical freedom, we want freedom, no mandates.
And you could tell that they're very, very angry.
Now, once again, this has just begun.
Most likely in a couple of weeks, maybe a month or two, we're going to see the ramifications of all of this.
And I do believe this is what's going to start the supply chain issue.
And we're going to see the beginning stages of it.
Yes, we see it out in the ports, but this is really going to make it a lot worse, especially now it's going to cost a lot more money and we're going to see inflation.
Add on top of that, fuel prices continually moving up and everything else.
Now, think about what the Fed is ready to do.
The Fed is ready to raise rates this year three times.
I do believe they're going to start this in March.
We'll have to see if they actually do it.
If they do, that is a signal that this is the path that they're heading down.
And we know from the past, because we saw it back in 2019, when Trump started to call them out on it, what they're going to try to do with this.
They're going to try to destroy the economy.
Remember, it's going to be a controlled economic collapse.
Now, what's very interesting, and it seems that they definitely are prepared to do this because we see Politico out there already getting ahead and projecting that rates are going to be great for the economy.
So they already have the headline, Why the Economy Can Survive Higher Rates.
So they're already projecting out there, letting everyone know that this is a go.
Now, is this really going to be great for the economy?
No, it's not.
I mean, the first rate, nothing really much is going to happen.
As they continue to do it, they're going to reach that sweet spot.
And it's not going to take that long.
Where everything starts to fall apart.
Especially when we have inflation, higher fuel costs, the mandate in Canada for trucking.
This just all adds fuel to the fire.
And it's going to get worse and worse as time goes on.
And if you really think about it, think about everything else that's been going on geopolitically.
You see, the central bank, the deep state players, they're becoming desperate right now.
And once you're desperate, you do really stupid things.
And we're going to see them do stupid things.
And people are going to recognize this, especially with the economy.
Just like everything else that they've been doing.
Now, we can see that the deep state players, the private Western Central Bank, they do not like what El Salvador has done.
They decided to take on Bitcoin.
And we can see with the IMF and the private Western Central Bankers, they're going to make an example of El Salvador.
Because remember, they already reported, oh, since Bitcoin has gone down, they lost billions and billions of dollars.
And now we have Moody's They're going to downgrade El Salvador because of their sovereign debt due to Bitcoin.
Think about this for a second.
Did we see this coming?
Yes.
We talked about this a couple of weeks ago.
When the IMF came out and talked about El Salvador with Bitcoin and how much they lost, and it's not a good thing.
They want them to change course.
They're going to...
Push and push and push until they say, I give.
This is what the bullies do.
Think about COVID. Think about your constitutional rights.
They're doing the same thing with the economy.
They don't want people realizing and noticing that they're alternative currency.
See, they're not that worried about gold and silver that much anymore because they can control that very, very easily.
They're very worried about Bitcoin because people can see Bitcoin and the fiat currency.
And as the fiat currency loses value, which means we're seeing inflation, Bitcoin moves up.
Now, yes, they pushed it down right now.
Most likely, they started to sell a lot.
They bought a lot.
They sell a lot.
That's how you bring it down.
And they're going to try to use this To their advantage.
Now, how long is this going to last?
I don't think it's going to last that long.
Think about 2020.
Remember when Soros came out and said, yeah, the markets are overheating.
There's a big bubble in the stock market.
It's going to be coming down.
What did they do to bring down the markets?
They sold a lot of stock and they sold and they sold and they sold to bring it down.
They were hoping that everyone would follow along And they would sell off to destroy the economy.
It didn't work.
They're doing the same thing here.
Big players are selling off, selling off, selling off, hoping that people join in and get rid of their Bitcoin.
They do this with gold also.
Back in 2010, 11, 12, 12.
When gold hit 1900, all of a sudden, boom, it was slammed with the paper markets, and people said, I'm getting out right now.
This is their strategy.
They use the same exact playbook every single time, and people are starting to notice.
And you know what people are doing right now?
Everything the central bank does, everything the corrupt politicians do, the puppet masters do, it's always the opposite of what the we, the people, should be doing.
And we see this time and time again.
Think about it.
Go back.
Let's just go back to 2008.
Bernanke, we're not projecting a recession or depression or anything like that.
What happened?
The opposite.
Everything they tell you, the opposite always happens.
Oh, the market is overheating.
It's a bubble.
It's going to be coming down during the pandemic.
The whole thing's going to crash.
No, it didn't.
Now Biden has the media telling us that the economy is great.
Hmm.
I wonder what's going to happen.
We have the central bank, the IMF, and the rest pushing Bitcoin down.
They want everyone to do what?
Get out of it.
The opposite's going to happen.
See, it's always the opposite with them.
Whatever they say, whatever they're doing, it's always the opposite.
And we see this time and time again.
Even with the bills they pass, with their fancy titles that make it sounding really great, it's always the opposite.
And soon we're going to see things change.
Yes, Bitcoin might go down a little bit more, but I do believe when all's said and done, and they pushed and they pushed and they pushed, we're going to see something completely different.
And we can see they're preparing to bring down the economy.
They're already projecting out there.
They're already preparing for this.
And this is something that we need to watch.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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