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Feb. 3, 2022 - X22 Report
16:41
Ep. 2692a - See What’s Happening With The Economy, Panic Off The Charts
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Hi and welcome.
You're listening to The X22 Report.
My name is Dave, and this is episode 2,692A, and today's date is February 2nd, 2022, and the title of the episode is, See What's Happening with the Economy, Panning Off the Charts.
Let's talk about protecting your wealth.
Now, this year's already whizzing by.
You're a year closer to retirement, but are your savings a year closer?
If they're not, and you're worried you won't make it, get in touch with Noble Gold about putting precious metals in your IRA or 401k.
You won't get hassled, they'll just lay out your options.
And this month, they're gifting a free 10th of an ounce solid gold American Eagle coin with any qualifying plan you start.
So call Noble Gold at 877-646-5347.
465-347 or visit them at noblegoldinvestments.com or click the link in the description.
Let's get into the economic collapse financial news.
Now, the deep state, the corrupt politicians, the central bank, everything they're trying to do is completely failing.
The people now are noticing more and more as time goes on, and they're starting to realize who is accountable and responsible for all of this happening.
And once everything's all said and done, the people are going to make the decision.
Actually, out in El Salvador, they're already making the decision because they see the writing on the wall.
They understand what the IMF, the Private Western Central Bank system is.
They understand what the system does to their country.
And this is going to spread worldwide.
But like I said in the beginning, everything they're trying to do, where they're trying to create this new world with the Great Reset, with the Green New Deal, it is completely falling apart.
Out in California, they tried to pass this single-payer health care plan where everyone was going to pay a lot more taxes so the illegals could get free health care.
Well, that bill is dead.
It seems that the Democrat-controlled legislator Fail to pass it.
And I'm sure the people out in California are saying, whew, that was a close one.
Doesn't mean they're not going to try again.
But you can see the direction that they're heading in.
You can see what they're trying to do.
And this is what the people see.
The people see it very, very clearly.
And as time goes on and they keep pushing these things, it's just going to get worse and worse for them.
Just like here in the United States with the debt and everything that's happening with inflation, supply chain issues, it's not improving.
It's getting worse and worse.
Actually, the national debt now has hit $30 trillion.
And when you look at it, you can see during Biden's term, Which is right now, he put on a lot of debt.
But before we get to that, what's very interesting is Biden put out a tweet and he said the following.
2021 was the greatest year of job growth in American history.
Well, first of all, there was no job growth.
Remember what Trump did prior to COVID. He built the economy up.
He created a lot of jobs.
Unemployment was very low.
Then we got hit with COVID-19.
The entire economy, the global economy, was shut down artificially.
It wasn't a recession.
It wasn't depression.
It wasn't type of economic catastrophe.
We just said, okay, nobody can go to work.
So the numbers showed that people were unemployed because people weren't at work.
Those jobs were still there, waiting.
You just couldn't get in there and perform at those jobs.
Then when everything started to open up, the jobs were filled again.
It's the same jobs with the same people.
So we didn't have job growth.
The jobs were already there.
The people were already there.
We had it before.
We removed them and put them right back.
So Biden didn't do anything.
By the way, we're still missing 3 million jobs.
So actually, we've lost jobs in this whole thing.
Now, the headline came out from CNBC. And the job numbers came out.
And it says the following.
Jobs off by half a million.
Expectations were 200,000 new jobs in January, but instead, ADP reports a loss of 301,000 jobs.
Now, we know yesterday we were talking about Jen Psaki, how she was explaining how all of this had to do with Omicron.
Now, it had nothing to do with Omicron.
It had to do with vaccine mandates.
This is why we're seeing these numbers.
Because the people...
They decided they weren't going to get the vaccine.
The people and companies decided, well, if you're not going to get it, we don't need you.
And all of a sudden, we had companies letting people go or people saying, I'm not getting it, so I guess I'm going to have to quit or I'm going to have to move to a different job once I find one.
And this is why we see these numbers.
The Biden administration created this.
Just like the Biden administration created inflation.
You see, Trump and the Patriots, they knew what they were doing here.
They knew what their plan was, what the playbook was.
And Trump, the Patriots, they decided, you know something?
Let them go through with it.
Let the American people see firsthand.
Let them experience their economy, what they're trying to do.
And as things get worse and worse and worse, people are going to say, we're done here.
We can't take it anymore.
I can't pay my bills.
I can't pay my car payment.
The check I'm receiving from my job isn't enough.
Wages aren't going up, but everything else is.
And that's what people are seeing.
Actually, Starbucks right now, because of inflation, which means the devaluation of the currency, Starbucks is raising their prices to offset soaring costs.
We're going to see this a lot, and we're already starting to see this all over the place, where restaurant, food stores, other stores, they're all going to be raising their prices.
Now, wages are not keeping up with it.
It's not like the 70s.
Remember, the 70s, we were pegged to the gold standard.
We didn't have that much debt, and when we came off the gold standard, What happened?
The value of the currency declined rapidly.
And the only way they could control this was to raise interest rates.
And that's what they did.
This time, it's a little bit different.
We have $30 trillion worth of debt.
We have interest rates, zero or negative, depending on where you are in the world.
So if you start to raise rates to control the devaluation of the currency, because it devalued back in the 70s because we came off the gold center, it's devaluing now because there's printing like crazy.
There's stimulus.
There's everything like that going on right now.
Let's talk about protecting your wealth.
Now, this year is already whizzing by.
You're a year closer to retirement, but are your savings a year closer?
If they're not and you're worried you won't make it, get in touch with Noble Gold about putting precious metals in your IRA or 401k.
You won't get hassled.
They'll just lay out your options.
And this month, What happens?
Well, if we have all this debt...
And there are companies and people and many others with debt, with maybe variable interest rates, and you raise the interest rates, what happens?
Everything starts to fall apart because wages aren't going up.
Yes, we have products, food, and everything else going up, but wages really aren't.
It's very, very different this time.
And they can try it, which they're probably going to do probably in March.
We're going to see an increase in rates and we're going to start to see things fall apart.
Now, what's very interesting is that Andy Puzder put this out on Twitter and he said the following about the debt.
Well, 5.3 trillion of that was partisan spending during the pandemic's economic shutdown.
Maybe you heard about it.
Biden's partisan March 1.9 trillion spending bill is what's driving hyperinflation.
Here's a chart from the New York Times.
You can literally see it.
So when you look, you can actually see with all the stimulus and all the debt that he put on, and if you go back to the $30 trillion worth of debt, and you look back from 2020, 2021, you can see there was a lot of spending going on, a lot of creation of currency.
It just goes straight up.
So that if you look at that and you compare it to what we're seeing now, we have a lot of currency in circulation.
And when you go back to January of 2021, what do you see?
You see a straight line up of inflation.
Yes, it levels off around the summertime, and then it shoots back up.
And here we are.
And actually, we're seeing the same thing in Canada, the Euro area, the U.K., Japan, not so much, but we're still seeing it move up.
But we're seeing inflation move up all over the place.
The eurozone is saying, and this is the 16 nation that shared the euro currency, rose to 5.1% in January, despite the expectations for a sharp drop to 4.4%.
It went the opposite way.
Again, all these economists, they're completely wrong.
The private ones and central banks are completely wrong.
Remember, they all told us that this was transitory.
Actually, all the way back in the beginning, Biden said, yeah, don't worry about inflation.
It's not going to happen.
It's just going to disappear.
Don't worry about it.
Is it disappearing?
No, it's not.
And you could see the deep state players are becoming desperate.
Because we know they want to bring us into the Great Reset, the Green New Deal.
Their plan is not working.
They don't have a cover story.
Everything that they try continually falls apart.
People can see exactly what's going on.
They're completely exposed to the population, just like COVID is exposed to the population of what the vaccines actually do, how the numbers were manipulated.
How masks don't work.
Now people are going to see what's really happening in the economy.
And those same people that were lied to about the pandemic, they're going to start to understand they're being lied to about the economy.
How do you think this is all going to play out?
It's not going to play out too well, is it?
But what's very interesting is that Bloomberg, they put this out on Twitter, and it's very interesting.
It says, cutting off sunlight to fight climate change is a risky last-ditch option.
But at the rate we're going, it could be necessary.
So, are they really talking about scorching the sky?
I mean, I've heard this phrase in The Matrix.
Are they really becoming this desperate Because they're panicking.
Because everything they're trying to do is completely exposed.
That they'll actually move in this direction.
I do believe they're starting to try to make the case that this is something we have to do now.
Of course, the people are not going to go along with this.
The people understand that this whole climate hoax is one gigantic hoax.
And the people are going to realize, no, you don't want to block out the sun.
We need the sun.
There is no global warming climate change.
Climate always changes.
We need the sun, and the sun changes.
It has activity, less activity, and it changes everything that we're seeing.
That's why if you go back in time, you can see that during the 70s and moving forward, they kept changing their story.
Oh, we're going into an ice age in the 70s.
Oh, by the way, in the 90s, it's global warming.
Oh, by the way, in 2000, moving forward, it's just climate change now.
They just keep changing it.
But it seems there might be signaling something here.
Because they're becoming desperate.
They're panicking.
They understand they don't have the leverage.
And we can see the people now, the people of countries, they're starting to prepare because they understand what the private West Central Bank is.
They understand that the currency in the end, this paper that everyone carries around or the digital blip in your account, which the bank really has no cash, no nothing there.
It's just a digital blip.
People are going to start to realize that all of this is going to evaporate.
And this is why we're going to see more and more countries, and it's already started, where they're going to be shifting everything and allowing other forms of currency.
This is why we see here in the United States certain states starting to allow Bitcoin mining.
They're pushing bills through to make it legal tender.
And we see out in El Salvador Even though what the central bank did where they pushed cryptocurrency down to try to force El Salvador back into their system, El Salvador is fighting back.
So now El Salvador is seeking a permanent solution for over 4 million Bitcoin users.
The government of El Salvador focuses on this new wallet for stability and uptime, scalability and social impact.
They're already preparing to deploy about 1500 Bitcoin ATMs around the country to more steadily serve the population.
Think about what they're doing right now.
They're preparing for something.
Just like if someone prepares with food or toilet paper.
People say, okay, something bad's going to happen.
You better be prepared because one day you will not be able to get toilet paper.
And of course, people say, that's ridiculous.
I'm stocking up on toilet paper.
I mean, I go into the supermarket now.
I see tons and tons of toilet paper.
It makes no sense whatsoever.
And then all of a sudden, we have the pandemic and people are running around looking for toilet paper.
People would never, ever believe that this could happen.
Just like now, there are countries, and I do believe there's gonna be a lot more countries, that are going to prepare for a currency that implodes.
People already know and see it coming.
People are very worried about food because we're starting to see food shortages or empty shelves.
Yes, they might have been stocked up again, but you know what happens.
Once they push their agenda, and I'm talking about the private wasn't central bank.
This is when everything starts to disappear.
I do believe we're seeing the beginning stages of the supply chain issues.
And I think this is going to get worse and worse as time goes on.
Because the economy is not improving.
That's not going down.
The Fed is getting ready to raise rates and tighten.
They're preparing to create a controlled economic collapse.
This is what they're preparing for.
And there are countries and people are going to be getting prepared for this.
Just like people are getting prepared for a very long time with food, toilet paper, supplies and everything else.
And I do believe people should prepare because we can see we're in a certain period of time where the deep state players in the private Western Central Bank, they're completely exposed.
They don't have the leverage.
And they're becoming desperate.
Panic is off the charts right now.
And they're afraid.
They're afraid that people are going to rise up against them and their system will not be accepted.
And it won't be accepted because the people in the end are going to make a final decision and they're going to realize from everything that's going on that the private Western Central Bank, the puppet masters and all the rest have been lying to we the people for a very long time.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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