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April 3, 2022 - X22 Report
19:12
Ep. 2741a - [CB] Warns About Bank Runs, They Have Lost And The New System Is Being Born
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I'm going to go to the next episode.
Hi and welcome You're listening to The X22 Report.
My name is Dave, and this is episode 2741A. And today, it is April 3rd, 2022.
And the title of the episode is Central Bank Warns About Bank Runs They Have Lost and the New System Is Being Born.
Let's talk about protecting your wealth.
With all that's happening in the world right now, it's no wonder you're worried.
Nobody knows what's going to happen.
And that's why you need the certainty of gold and silver in your investments.
Precious metals will keep you safe from inflation and financial turmoil.
And this month, for every qualified IRA, you'll get an incredible three-ounce silver American virtue coin, completely free as a thank you.
You know what to do.
Call 877-646-5347.
That's 877-646-5347.
Or visit 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 bankers, everything that they're trying to do, the people can see this very, very clearly.
And if you really see what is going on here, you can see the corrupt leaders, the private Western central bankers, the fake news.
They're saying one thing.
And they're doing another.
This is why you always look at their actions.
You always look at what they're doing and everything they're trying to do is completely failing.
The people now are awake.
They don't have a cover story They can't cover up what is coming.
They can try to explain it and they can keep telling us that this is going to be great for us.
But the people realize what's really going on here.
They understand that we don't have a fuel crisis.
There's no reason for fuel prices to go up.
We know as soon as Biden came into office, what did he do?
He shut down the Keystone Pipeline.
What did he do to the lease agreements?
What did he do with regulations?
Remember, the country was energy independent.
Always go back to the beginning.
Forget about all the other stuff.
It's all noise.
Everything else that you're listening to, or if Fox is saying, oh, fuel prices, then they're asking Jen Psaki some questions.
That is all noise.
Just go back to the beginning.
If Trump showed everyone that the country can be energy independent, he can bring down the fuel prices...
All you have to do is go back to that point in time and say, oh yeah, look, we're energy independent.
We're not dependent on anyone else.
And then look when Biden came into office.
Before Putin, before Ukraine, before anything else.
What happened?
Fuel prices started to go up.
Actually, he used the reserves before Ukraine crisis even happened.
So all you have to do is go back to the beginning, but you could see that these corrupt leaders, they continually tell the people, you must hunker down, you must give up, you must sacrifice.
And then you look at their actions and you see that they're not doing any of these things.
It's almost like the pandemic.
When they're telling us, you can't go out, you can't go for a haircut, you can't go to exercise, you can't travel, you can't have parties.
You saw Boris Johnson do the opposite.
You saw Nancy Pelosi do the opposite.
You saw Gretchen Whitmer do the opposite.
You saw Newsom do the opposite.
You saw all of these people do the actual opposite of what they were telling everyone to do.
And it's the same thing that's happening right now with the economy.
Look out in Germany.
The German leaders are telling everyone, you must hunker down.
You're going to have to sacrifice because we're going through inflation and Putin might shut off the oil and you won't be able to heat your house.
But if you look at these corrupt leaders, what did they do?
They gave themselves raises.
Think about this for a second.
The Germany's Chancellor Olaf Scholz, Finance Minister Christian Lindner, Economy Minister Robert Habeck and other senior officials have taken a pay raise while encouraging ordinary Germans to hunker down and prepare for the worst.
So they gave themselves 345 euros per month.
Lindner Hayback is now getting 275 euros more each month.
So think about this.
Why would they do this?
Because they know it's going to get worse, but they don't want to hunker down.
They don't want to sacrifice.
They're just telling everyone else to do this.
And if you look out in Germany, you can see the German retailers are already warning everyone.
Listen, come this Monday, we're going to be increasing food prices by 20 to 50 percent.
No wonder why these individuals gave themselves a raise.
They know what's coming, but everyone else must sacrifice and enjoy your weeds and your bugs.
That's pretty much what they've been telling everyone.
Remember, the World Economic Forum told everyone from the very, very beginning, yes, at one point it was a conspiracy theory that there was going to be a great reset.
They were going to be pushing bugs and weeds and you will give up everything.
You'll own nothing.
You'll be very, very happy.
You see, everything that you're witnessing right now, this is their plan.
You're seeing it unfold right in front of your eyes.
It's not a conspiracy anymore.
It's the truth.
And yes, it will get worse and worse and worse.
But as it gets worse and worse and worse, people are going to start to rise up.
Actually, it's already started.
And people are going to say, we can't take any more of this.
We don't want to go into your new system.
We know exactly what you're doing.
And this is going to be a complete and utter disaster for them.
Just like Russia shutting off the natural gas pipeline, the oil pipeline, because they now want all these nations to pay in rubles.
Now, Russia is saying, listen, we're not just going to hand this out.
We want payment.
We want rubles.
Now, does this mean that Germany is not going to pay up?
No, they are paying up.
Even though the headlines are out there saying that Putin backs down off of the standoff and he's not accepting rubles anymore, he'll accept euros.
Actually, if you look at what he has done, He has actually protected Russia from more sanctions.
And yes, he's receiving payment in rubles.
So this is his tactic, and this is coming from Ms.
Shedlock.
Russia President Putin demanded rubles for energy.
His concerns was that new EU sanctions that would freeze euro-denominated accounts of Russian energy supplies.
One of Putin's fears stems from the fact that payments for gas shipped in April get paid later in the month or in May, depending on the contract.
A second fear is European sanctions on the Gazprom Bank.
The EU said no to his demand, yet the gas still flows.
This prompted misguided reports that Putin backed down.
What really happened here?
German Chancellor Olaf Scholz, you know, the one that got a raise, Agreed to Putin's clever way around the problem of ruble payments.
The EU will pay in euros and via a separate account at Gazprom.
The euros are immediately converted to rubles.
So when Putin first announced the ruble payment demand last week, European officials, they rejected it, saying the move would violate contract terms.
but the Kremlin published a presidential decree outlining the mechanism to allow foreign buyers to convert their dollars and euros into the Russian currency through a state-controlled bank.
The Kremlin decree mandates that delivery starting from April 1st be paid for in rubles.
Foreign buyers need to open special ruble and foreign currency accounts at Gazprom Bank to handle the payment, which can be done remotely.
Buyer transfer foreign currency to pay for the gas into their accounts.
Gazprom Bank converts the funds into rubles on the Moscow exchange and transfer rubles into the buyer's ruble account for payment to Gazprom.
The payment is considered complete when the rubles reach Gazprom's account.
The impact on the ruble is now very limited because Russian corporations are already required to sell 80% of their foreign exchange earnings for rubles under the capital controls imposed by the Western nations after Russia went into Ukraine.
This maneuver means energy suppliers will have to sell 100% of euros and dollars to the Russian central bank for rubles.
And are they going to place sanctions now on the bank?
No, they're not.
Actually, he protected this and he's receiving and he's forcing the other countries to pay using euro and dollars, which are then converted into rubles and they're accepting rubles.
So the gas isn't shut off, and they're receiving payments in rubles.
Think about this for a second, and what he did here.
Let's talk about protecting your wealth.
With all that's happening in the world right now, it's no wonder you're worried.
Nobody knows what's going to happen.
And that's why you need the certainty of gold and silver in your investments.
Precious metals will keep you safe from inflation and financial turmoil.
And this month, for every qualified IRA, you'll get an incredible 3-ounce Silver American Virtue coin, completely free as a thank you.
You know what to do.
Call 877-646-5347.
That's 877-646-5347.
Or visit noblegoldinvestments.com.
Or click the link in the description.
Now, what's very interesting here in the United States, we can see Jen Psaki, she's circling back a lot.
She's trying to explain that, no, no, everything has to do with Putin.
Food is going up because of Putin.
Gas is going up for Putin.
The economy's falling apart because of Putin.
But reporters are now calling her out on all of this.
Fox News' Jackie Henrik said, wait a minute, we're looking at the timeline, we're looking at the graphs, and fuel prices and food prices were going up before everything that happened in Ukraine.
Now, of course, Jen Psaki's saying, well, it went up a lot more once this happened.
But the only reason it's going up is because they decided, and we have to go back to the beginning for this, They decided this country will no longer be energy independent.
Remember, Trump showed everyone that the country will be and it can be and will be energy independent, which means we're not dependent on anyone else, which means if we're energy independent, fuel prices are not going to go up.
So Biden, if you go back to the beginning, and this is what Jen Psaki continually avoids, and actually all the reporters do, too.
If you go back to the beginning, just like the pandemic was, What is the common denominator of all of this?
The common denominator for all of this is that Biden, the puppet masters, the private Western central bankers, they decided we are no longer going to use the Keystone pipeline.
We're not going to have the leases in Louisiana, Mississippi, and the rest.
We're going to enforce more regulations to make it tougher for oil companies to drill and things like that and get permits.
They did all of this way before Ukraine.
And this is why we saw gas prices go from $2 to $3, 10 cents, 20 cents.
So really fuel prices went up a dollar plus when Ukraine didn't even happen.
Now, if we were energy independent, we wouldn't be having a problem right now.
But remember, this is all part of their agenda.
This is their agenda to bring us into the Great Reset.
The problem is everything that they're doing is out in the open and people can see all this very, very clearly.
Now, the other thing that Biden wants to do, and he put this out on a tweet, and it wasn't really him, it was the Puppet Masters.
It says, a firefighter and a teacher shouldn't pay a higher tax rate than a billionaire pays.
That's not right.
It's funny how they don't use millionaires anymore, because actually, Joe Biden and the rest, Maxine Waters, they're all millionaires.
So you can't say, oh, millionaires, because that's them.
Now they have to say billionaires.
Actually, most of these individuals are very close to being billionaires.
Let me continue.
My budget contains a billionaire minimum income tax to make sure billionaires pay their fair share.
So what does he want this tax to do?
Remember, they're doing and they're using the same playbook they used When the Federal Reserve came into existence, don't worry.
We're just going to tax the wealthy.
You don't have to worry about the middle class, lower middle class, the poor.
You won't get taxed.
And everyone, yes, a tax.
The wealthy, yes, we're not going to get...
And what happened over time?
Didn't really take that much time.
Everyone had to pay taxes.
So now...
They want to implement taxes on billionaires, but Tom Fitton explains.
Fact check.
Every American is subject to tax on certain income.
Biden wants to change federal law to be able to, unconstitutionally, tax assets in addition to income.
Today, it is the wealth assets of Elon Musk.
Tomorrow, the equity in your home and the value of your car will be taxed.
Now think about this for a second.
They want to start taxing the billionaires and they're going to look at their homes, their cars, their art and everything else and they're going to tax their assets.
What is this every year?
Now, people are gonna say, well, that sounds great.
They have enough money.
What do you think is gonna happen after next year and the next year?
Then they're gonna say, oh, it's millionaires.
Oh, then it's the middle class.
Yes, they're gonna exempt themselves.
Yes, they're not gonna pay.
Why?
They're gonna funnel it through their institutions and everything else.
But the everyday person's going to pay.
Can you imagine paying additional taxes on your car, your home, and everything that you own?
Actually, doesn't this remind you going back in time when there were kings and queens and serfs, and they kept saying, we'll just tax the people again.
Oh, we'll just tax the people again.
Aren't they really doing the same exact thing?
Aren't we seeing the same pattern over and over?
Isn't this what the founding fathers fought against?
I do believe so.
Now, the other thing that's very interesting is that the EU, they're warning that during this Ukraine war, this might trigger bank runs because of fake information.
Now, it seems like they're panicking right now.
And remember, Ukraine is their money laundering system.
Is something about to happen?
Are they panicking?
And are they putting this out there because we're about to see these individuals that use Ukraine as their system on a money loading, are they going to start to move their assets?
And they're going to try to make it seem like the everyday person's moving their funds.
Now, the everyday person might move their funds.
They might move it into Bitcoin.
They might move it out of the country.
I do believe they're preparing for something very big.
And the other thing that's very interesting is that the 19th million Bitcoin has been mined.
And this is why it matters.
With less than 2 million Bitcoin left to be mined, Bitcoin's limited supply has just gotten even more limited.
The 19 millionth Bitcoin has just been mined.
Data from Bitbo shows leaving less than 2 million Bitcoin remaining for miners to put in circulation as the Bitcoin network tick tocks its way through a fixed issuance schedule until it reaches the 21 million supply limit and doesn't create any new Bitcoin ever again.
By ensuring that Bitcoin cannot be spent twice and that the block reward does not yield more than it should at any given time, the distributed network of Bitcoin nodes can indirectly enforce the supply limit as the block rewards trends towards zero over the next century.
In addition to bringing scarcity to the digital realm, Bitcoin, therefore, also enables a predictable monetary policy scheduled ahead of time, which breaks away from the current monetary system where governments and policymakers can increase the issuance of money as we've tangibly experienced over the past couple of years.
Currency debasement is not possible with Bitcoin, and its users' purchasing power is protected.
Actually, it's the same with gold.
Bitcoin's inflation rate is known ahead of time through a software protocol enforced by thousands of computers scattered around the globe.
As the block reward trends to zero until the next century, new Bitcoins will not be issued and miners would reap only the fees of transactions on the Bitcoin blockchain.
To protect people's purchasing power, Bitcoin has a predictable policy, which enables planning for the future as users can rest assured that nobody will debase their money.
Now think about what the private Western Central Bank has said, where the World Economic Forum and others said, no, no, we're going to be on the blockchain, but we're going to use a central bank digital currency.
Is there a limit to the amount of currency that they can produce?
No, there isn't.
Just like today.
Actually, once we came off the gold standard, once we came off of that, what happened?
The central bankers, they could just continually print and print and print.
What do you think the central bank digital currency is going to be?
They can just continually create it and actually corrupt certain politicians or buy them off.
It works a little bit differently with gold and Bitcoin.
Gold, there's a limited amount of quantity.
It's not easy to obtain.
The same thing with Bitcoin.
It's decentralized, just like gold, and it's not easy to get.
And there's a finite amount, which means you won't have the problems that we're seeing today.
And this is why the World Economic Forum, the Private Western Central Bankers, this is why they don't want gold.
This is why they don't want Bitcoin.
They want their own.
Remember, the central bank, they will only create a currency that they can completely control and create and continually create over time.
But we can see that with everything exposed today, people are not going along with their plan.
The people are going to object and reject everything that they're trying to do.
And we can see it's already started.
And what's happening right now is we're seeing a new system being built while the old system is being destroyed.
We're seeing the globalist system completely fall apart.
They're destroying it themselves.
I'm talking about the private with central bankers.
They're imploding their own system, a new system where there are countries using their national currencies.
They're actually pegging their currency to gold.
Soon, I do believe we're going to see Bitcoin all of a sudden being used for international trade.
And this has already begun.
So we have an old system that is being destroyed and a new system that is being born right now.
And this will continue as time goes on.
The Great Reset, the Green New Deal, it's already dead.
They're just trying to keep it alive.
But the people don't want it.
Not just here in the United States, but around the world.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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