All Episodes
Previous Next
Jan. 30, 2022 - X22 Report
12:40
Ep. 2689a - The Economic Direction Is Becoming Clearer, People Controlled Currency
| Copy link to current segment

Time Text
I don't know.
Hi and welcome.
You're listening to The X22 Report.
My name is Dave and this is episode 2689A and today's date is January 30th, 2022 and the title of the episode is The Economic Direction is Becoming Clear, People-Controlled Currency.
Let's talk about being prepared.
Experts expect natural gas shortages and supply chain issues to soon cause rolling blackouts across multiple continents.
Millions of Europeans are already experiencing this as the countries are forced to create controlled outages due to their own natural gas shortages.
With this chilling news, everyone needs to be prepared.
This is why I The light bug is a professional-grade backup light.
It works not only as an ultra-bright light, but as a charging station that comes with tons of features for the different situations you'll face every day.
The peace of mind that the Lightbug has given me is priceless.
Right now, the creators of the Lightbug is going to give everyone 20% off their own Lightbug using promo code X20 to celebrate the new year.
Just go to lightbug.com or click the link in the description to get yours today.
Let's get into the economic collapse financial news.
Now the deep state, the corrupt politicians, the private Western Central Bank, they're having a very difficult time because their entire agenda to bring us into the Great Reset is completely failing.
And people, they can see the truth.
They can see exactly what's happening to the economy.
And this is not just happening here in the United States.
It's happening around the world.
And as it happens around the world, people are seeing that we need something completely different.
And this is why I do believe we've seen El Salvador take on Bitcoin, an alternative currency.
We see other countries ramping up with their gold purchases.
And we see states here in the United States already pushing bills to make Bitcoin legal currency.
It seems, if we go back to the very beginning where we had the revolution and our founding fathers, they wanted the states, the people of the local communities, the states, to actually have the power to make the decision, not the federal government.
And we can see that states are already plowing the way forward here.
And I do believe more is to come.
We're going to be discussing a little bit more about this a little bit later.
But first, let's talk about the economy because the entire plan of the private one central bank is completely failing.
People can see exactly what's going on.
They understand that the economy is not right.
And think about what Trump did.
Remember, He came in.
They never expected Clinton to lose.
They thought they were going to bring us into the Great Reset during Clinton's presidency with a war.
What did Trump do to counter all of this?
He actually pumped up the economy within the private Western Central Bank illusion.
He was able to stall the inevitable of the entire thing crashing.
It made it difficult for them because remember, we were starting at a point after Obama at a point where this was the new normal.
GDP was very low.
Unemployment very high.
Things weren't getting back to normal the way people remembered it.
And then Trump came in and took that normal that we were supposed to have moving forward and changed it up and brought the entire economy To a completely different level, even though he had a play within the private central bank system.
Because once the resident came in, this made it very, very easy for the people to see.
Look at the difference.
You can see when Trump was in the White House, what the economy was like.
And now when Biden is in the White House, you can see what the economy is like.
And you can see that the economy is not improving.
It's heading back to where we were and actually probably a lot worse.
He allowed everyone to see this very, very clearly.
If Clinton won and we were starting at the point with Obama and he was telling us just to get used to this new normal, this is the way the economy is going to be.
It's just going to get worse as time goes on.
You wouldn't be able to see the difference.
But now people can see the difference and they could see it very, very clearly.
And people, they're starting to realize that inflation is their enemy.
Actually, they're afraid of what is happening.
They're concerned with what is happening.
And we just got the University of Michigan, the consumer sentiment, it fell by 4.8% in January to a reading of 67.2%.
When we look at the supply chain issues with Pete Buttigieg, he's telling everyone he's figured it out.
We stopped it.
Everything's fine.
But when you actually look at the shipping logs, the shipping backlogs, they're continuing.
They didn't just disappear.
As of Friday, there were still over 100 vessels waiting to enter the ports of Los Angeles and Long Beach near record levels.
So he really didn't do anything.
And with inflation, remember going all the way back to July 4th, where they were trying to make the argument, listen, for your July 4th barbecue, you're going to save 16 cents.
Well, were we really saving 16 cents?
Not when fuel prices were skyrocketing.
Nobody was saving anything.
And now you take a look and what do you see?
Well, this is coming from the Economic Research Services and they're saying that prices for food at home or food purchased typically from grocery stores or other food stores will increase between 1.5 and 2.5% in 2022.
Lower than the 3.5% increase that occurred in both 2020 and 2021.
The retail food prices increased by a mere 3.5% in 2021, equal to the rate in 2020.
I mean, you really just can't make this stuff up.
But when you actually look at beef, it has doubled in price.
When you look at bacon, it has gone up by 30% in the last quarter.
Milk has gone up by 40%.
Fish, eggs, poultry are between 30% and 60% higher than a year ago.
Fresh fruits and vegetables still rising in price.
Food producers have announced price increases in products from 8% to 60% in the next few months.
Beverages and sports drinks are rising 20% beginning in March.
Kraft food, they announce processed meat, lunch meat, price increases up to 30% in a few weeks.
But according to the USDA, don't worry about it.
There's nothing to see here.
We have everything under control.
Do they?
No, the people are seeing the truth.
The people are understanding exactly what's going on.
And then we have the Atlanta Fed.
They always predict what the GDP was going to be like.
And now, the initial GDP Now model estimates for real GDP growth in the first quarter of 2022 to just 0.1% on January 28th.
It's on a verge of a contraction.
And everything that we saw before is starting to fall apart.
And people are seeing this.
People are understanding this.
And across the world, as inflation hits, remember, inflation destroys the fiat system.
Inflation brings their system down because with inflation, you can see the true nature of the fiat currency.
You can see that it's worth nothing.
This is what people saw in Weimar Germany.
As hyperinflation hit, they realized the paper they were holding was worth absolutely nothing.
And if they were holding gold at the time or silver at the time, that was the real money.
And they realized, look, I went to the store and this is how you can tell.
You go to the store, you go to a coffee shop, and if they tell you, oh, hey, coffee is $3, and you come back the next day, and it's $7, and then the next day it's $15, you realize coffee's not changing.
It's the currency.
It's the amount of currency that's in circulation.
It's losing value.
And as it loses value, you don't have the same purchasing power.
This is what's been going on for a very long time in this country.
This is how their system works.
It keeps you working harder and harder and harder.
It keeps you in debt.
And this is why I do believe the people of this country, not just this country, but around the world, they're starting to figure this out and they're starting to realize we must have an alternative.
It could be gold.
It could be crypto, Bitcoin.
But we must have an alternative, something that is outside of this central bank system.
Remember, we've been living in an economy that has been controlled and created by the private Western Central Bank.
We've been taught their system to make everyone think that this is the way the economy runs.
It doesn't.
This is their system, just like with big pharma.
You think that, oh, hey, all these medicines and everything that's out there.
No, this is their big pharma illusionary world where they keep everyone hooked on their drugs.
This is not really health care.
It's a drug market.
The same thing with the economy.
And we're starting to see states now where they're already saying, listen, we're going to introduce bills now to recognize Bitcoin as currency.
Dennis Porter put this out on Twitter.
It says, So that's Mississippi.
Then we have Arizona.
Arizona introduces Bill to make Bitcoin legal tender.
So we have it in Texas.
We have it in Florida where they're looking at Bitcoin, where they're mining Bitcoin.
The states seem like they're leading the way.
That the states are going to tell the federal government, you know something?
We're going to use a different currency.
Actually, going back to the founding fathers, each state, the banks in the states, they created their own currency.
It wasn't centralized.
See, the private West Central Bank, they like everything centralized where they can control it.
They didn't like it that it was so decentralized.
Well, this is exactly what cryptocurrency does.
The creation of it, just like gold and silver, is decentralized.
There's not one entity that Which is a private corporation controlling the creation of currency.
And this is why the private Western central bankers hate it so much because they lose control and who gains the control?
The people.
And it seems at this point that the states are starting to move in this direction.
And I do believe as things get worse and we enter a period where inflation is off the charts, we're already starting to see that, and people are starting to really notice this and start to suffer.
Remember, the private Western Central Bank, the World Economic Forum, they're doing this to make the people suffer.
Yes, it's a controlled economic implosion because they're trying to bring us into the Great Reset.
But once again, the patriots, they're going to use this entire event to bring the people in a completely different direction.
Now, the deep state, the private, Washington, the World Economic Forum, they do believe they're doing this to bring us into their system.
But I do believe what's going to happen in the end.
Trump, the patriots, they're going to use what's happening where they bring the people to the precipice.
And remember, it's the same agenda, bringing people to the precipice.
But the World Economic Forum, the Central Bankers, bring the people to the precipice to bring them into their new system because they want the people to say, we need change.
What can we do?
And they just say, hey, we just happen to have a system here and we're ready to go.
I do believe Trump, the patriots, as the people reach the precipice, they're going to show them a completely different world.
A world that does not include the private West and central bankers.
A world where people prosper.
A world that is completely different than what we're in today.
And people are going to gain control of the currency once again.
And the people will set their own destiny.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
▲
Export Selection