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March 15, 2022 - X22 Report
16:25
Ep. 2726a - The [CB] System Is Being Destroyed,The Birth Of A New Economic System Comes Into Focus
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Hi, and welcome, your host.
You're listening to The X22 Report.
My name is Dave and this is episode 2726A and today's date is March 15th, 2022 and the title of the episode is The Central Bank System is Being Destroyed.
The birth of a new economic system comes into focus.
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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, they brought us into their petrodollar system back in the seventies by removing us from the gold standard.
And all of a sudden, we had inflation because we were removed from the gold standard.
We saw interest rates skyrocket, and everyone thought this was great.
It's like a drug.
In the beginning, it feels incredible.
And people are like, wow, my house went up.
My salary went up.
This is incredible.
This is fantastic.
But as time goes on, the system breaks down.
The interest rates cannot stay at 16%, 17%.
People take on more and more debt.
Actually, the value of the currency continually declines and it gets harder and harder for people to survive.
And that's what we've been experiencing.
So we came into this system and I'm talking about the full fiat system back in 1971 when we came off the gold standard.
Now, we can see that this entire system has been breaking down for a very long time.
The deep state players, the private Western Central Bank, they want to move us into their new system.
The problem is that they don't have a cover story.
Everything is exposed right now.
And we can see everything firsthand.
We can see it breaking down.
We can see the economy imploding on itself.
And they have really no choice but to continue on with their agenda.
They can't go back.
They have to continue on.
And remember, the Fed is in the crosshairs right now.
They're responsible for inflation.
Remember, going back to when Trump first came into office when he was in the White House, what did the deep state, what did the private West Central Bank try to do?
They tried to raise rates to bring down the economy.
Now we're seeing inflation, which is the fiat killer, And what are they planning to do?
They're planning to raise rates.
Is this going to help the economy or hurt the economy?
Actually, Trump is doing everything to them that they tried to do to him.
And he's going to use this crisis, and I don't just mean him personally, but the patriots around the world, they're going to use this crisis to move us into this new economic system.
What we're experiencing right now is the end of the private Western Central Bank system.
It is being destroyed.
In the beginning, they shifted us or they transitioned us from a gold standard to a petrodollar.
Now, we are leaving the petrodollar.
We are leaving the globalist system.
Now, the private Western central bankers, they do believe that, oh, maybe we can bring them into the Great Reset.
But I think in the end, this is going to completely fail, especially when you see countries start to break away.
Already, we can see that Germany is out there and they're saying, listen, we can't boycott Russian gas and oil supplies.
Because it would really hurt our population more so than Russia.
And I do believe that European countries right now, they're starting to realize that energy independence and energy security is very, very important.
At this point, I don't think they're saying, oh, let's put up some solar panels.
Let's generate some wind.
They're realizing they can't be dependent.
And I do believe things are going to be changing in Europe very, very quickly.
Why?
Because Russia's Yamal Europe gas pipeline...
This is going to affect certain countries there, especially Germany.
And we'll have to see how this all plays out.
And I do believe we're heading in that direction where these countries in Europe, they're not going to depend on one country.
They're going to have multiple sources of energy.
And just like the United States when Trump was in the White House, some of them might even become energy independent if it's possible for them.
But we can see here in the United States, it's not going well for the deep state and the private West Central Bank.
Remember, they don't want people seeing the destruction of their economy where they're responsible for it.
That's something they don't want.
They like a cover story saying, oh, oh, it's Putin.
Oh, it's COVID. And this is what Biden has been using since the beginning.
He's blaming everyone else.
Yes, Jen Psaki and the rest, the whole Biden administration.
They blame everyone else except for themselves.
Because they really don't know what's going on.
They're not in control of any of this.
This came upon them way too fast.
They never expected all of this.
This is why in the beginning, when Biden said and the Fed said, oh no, we're not going to see inflation.
You see, Trump was telling a completely different story.
He was saying that we're going to see inflation and it's going to destroy the economy.
And what happened?
Well, everyone's seeing inflation.
So instead of Turning the pipeline back on here in the United States...
Going ahead and saying, okay, you can have the lease agreements.
Why don't we pump oil?
Why don't we protect ourselves right now and lower the fuel prices so people can get by?
Instead, the Biden administration, the central bank says, ah, screw the people.
We don't care if they pay $12 again or $15 again.
We're moving forward with the great reset, the green new deal.
And maybe we could purchase oil from Venezuela, from Saudi Arabia, from Iran, just to...
Calm the people down long enough until we can bring them to where we want them to go.
So what did Biden do?
He went out to Venezuela, to Saudi Arabia, Iran, and Venezuela said, no, I don't think so.
We're not doing that.
So right now, Venezuel is not on board.
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And I do believe Saudi Arabia is not on board.
And I don't think Iran, maybe they will, maybe they won't, but is this going to help?
No.
Actually, instead of just pumping the oil here and solving the problem, they rather have the people suffer.
Everyone can see this very, very carefully.
I mean, a question was asked to Jen Psaki.
Do you know how high the fuel prices are going to go?
Do you know how this is going to turn out?
What's going to happen?
Jen Psaki says, yeah, I have no idea.
They have no clue what's really going on.
All they can see is their agenda.
The central bank says, yes, we need to go to the Green New Deal.
Obama in the basement saying, yes, this is the direction we have to go in.
And Trump, he released this on them and accelerated everything that they wanted to do.
And they can't control it.
It's completely out of control.
And people are seeing higher fuel prices.
They're seeing inflation right now.
Producer price inflation rose to 10% in February.
And this has nothing to do with Putin.
It has nothing to do with COVID. Because look what Biden's doing.
All of this is happening.
And what's the plan?
There's no plan.
There's nothing.
Nothing's happening.
Because they don't want it to happen.
And this signals, this producer price, it signals that there's going to be more pain to come for households.
The producer price index gauges the wholesale prices of goods, which are eventually passed down to consumers.
And yes, this is going to get a lot worse.
But we see certain countries, they're already starting to protect themselves.
We have Argentina.
They're halting soy exports.
And they're saying, listen, we're going to have to protect our food source right now.
Now, this is very interesting because now countries are starting to realize that we need our own energy.
We need to protect our food.
This is a major security concern, which means these nations are no longer going to be part of the globalist system the way we think of it today.
They're going to change things around right now.
And I do believe this is coming.
I mean, look what's happening with Russia with all these sanctions and everything.
The Russian government says they have plans to create new supply routes, secure new suppliers for companies and citizens.
So right now, they're going outside of the globalist system.
They're creating new supply routes.
This is the beginning of decentralization.
The global supply chain is done.
And now we're starting to see everything shift.
Now, the other thing that's very interesting about all of this is that Saudi Arabia is considering accepting the yuan for Chinese oil sales.
Now, remember, over the past 40, 50 years, what did all these nations have to do?
They had to sell the oil using the dollar.
This is what kept the Federal Reserve System, the globalist system, operational.
Remember, they moved us from gold.
We were pegged to gold.
And then they moved us to the petrodollar system.
So right now, if Saudi Arabia decides to accept the yuan from China...
Other countries are going to say, well, wait a minute.
If they can pay in yuan, why can't we pay in our national currency?
What is this going to do?
This is going to disrupt the petrodollar system.
Think about what Trump did when he was in the White House.
Why did he have the Abraham Accord?
Why did he stop the endless wards out in the Middle East?
Why isn't the United States protecting these countries like in the past?
Why did the troops come home?
Why are they now governing themselves?
Because he's ending the petrodollar system.
Which means a new system needs to be born.
Because once you end the old system, you need a new system that's going to take its place.
Now, of course, the private Western Central bankers, they do believe, oh, this is the perfect time for the Great Reset.
Just like they thought, oh, during the beginning of the pandemic, this is why Klaus Schwab came out there and said, this is the perfect time for the Great Reset.
Yes, this is the perfect time for their agenda, but it's also the perfect time for the patriots to bring the people in a completely different direction.
Think about the survey that we went over yesterday where the people are saying, well, the Federal Reserve is going to have to do something.
I do believe in the end that people are going to want accountability.
The people are going to say, well, wait a minute.
Let's just stop right here.
Just a minute.
And I do believe this is going to happen a lot once the patriots are elected into office in the 2022 midterms.
I do believe everything is going to change.
And once the patriots have control and the patriots can actually pass real legislation, real laws to benefit the people, That's when we're going to see many, many changes.
And I do believe this is the lead-in to all of this because once the Fed starts raising rates and they're going to make this decision this week, and once they do it, All bets are off, which means that will raising the rates, will that control inflation with all the currency that's floating around in the system today?
I don't believe so.
We might see it stabilized for a sec, but I don't think it's going to stop it, which means the Fed is going to have to raise the rates again and again and again.
Now, when people see that this isn't working, the people are going to start to question the Fed.
Not just the Fed, but central banks around the world.
And in the end, what's going to happen?
I do believe the Fed is going to be chasing inflation.
They'll never be able to control it.
And this will be a complete and utter disaster for them.
And we can see that all the pieces now are being put into place.
New supply chains are being developed.
We see Saudi Arabia now considering using other currencies, which means Libya, Lebanon, Iraq.
They will also start to accept other currencies.
We did see this going back in time when we had Libya, Lebanon, Iraq.
Iraq accepting other currencies besides the U.S. dollar.
This is why the deep state had to invade, yes, invade all these countries and have regime change.
Because if they started to accept other currencies, the Federal Reserve status would disappear.
And that's what we see happening right now.
But Trump, while he was in the White House, he had to set everything up.
And I do believe this is what we're watching.
We're watching the destruction of the old system.
Yes, countries will start to say, you know something?
We need gold or we need Bitcoin.
We need something to hedge against this Federal Reserve note, which is declining rapidly.
And we don't even want the Federal Reserve note anymore.
Remember, this is not the U.S. dollar.
They brainwashed everyone into thinking that the pieces of paper that you have that's a Federal Reserve note on top, that's a U.S. dollar.
No, we borrow that currency from the Federal Reserve.
It's a debt instrument.
We have to pay interest on that piece of paper that you're holding.
This is not the people's money.
This is the Federal Reserve.
The central bank's money goes all the way up to the Rothschilds.
I do believe what Trump is doing right now is shifting everything.
I don't mean just him.
There's a lot of people involved in this.
Shifting everything to move us from the central bank system.
And this is a very big ship.
You can't move it too fast.
But it is moving.
And things are about to change.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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