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May 5, 2022 - X22 Report
13:13
Ep. 2768a - The Other [CB]s Are Following The Fed, Right On Schedule
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I don't know.
and welcome you You're listening to The X22 Report.
My name is Dave in this episode, 2,768 AM. Today's date is May 5th, 2022.
And the title of the episode is, The Other Central Banks Are Following the Fed Right on Schedule.
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Now, the deep state, the corrupt politicians, the private Western Central Bank...
They are right on schedule.
The Fed, they started to raise rates and we know what happens next.
The other private Western central banks, they're waiting for the signal.
They're waiting for the central bank, the Fed, to raise its rates.
And since it did, other central banks are now following along.
This is exactly what the Patriots thought was going to happen.
Actually, if you go back to the time...
When Trump was in the White House, they were doing exactly that.
They were raising the rates and other central banks, they were following along.
Because to bring the entire global economic system down, you need to coordinate with the other central banks.
The other central banks have to be on the same page, which they're definitely going to be.
And they're going to do exactly what the patriots think they're going to do.
They're going to raise rates to bring down the entire system.
Now remember, we're heading into a recession.
We see other countries are already there.
And we can see that the crisis now is looming.
The Biden economy, it just gets worse and worse as time goes on.
And what are we seeing?
We are seeing inflation.
We're seeing high fuel costs.
We're seeing debt.
We're seeing the GDP, which is in the tank.
And now all of a sudden we get a new report about jobs.
And all of a sudden, the jobs are tanking.
Steve Cortez put this out on Twitter.
He said the following, terrible news for manufacturing jobs.
Just released ISM jobs index falls off a cliff, nearing contraction read.
Under 50.
Recession looms as Biden and McConnell's inflation crushes our economy.
Absolutely.
And we're starting to see that there are companies now looking to lay off people.
Now, this is happening very, very quickly.
Now, as the central bank continually raises rates and accelerates their plan, they're just going to bring down the economy that much faster.
Now, remember, we have two things happening right now.
We have the Great Reset and we have the Patriots allowing the private West Central Bank to destroy their own system.
They're going to use this against them.
And it's happening every single day now in real time.
Now, what's very interesting is that we're getting information from Challenger Grand Christmas.
They track which companies are planning to lay off and things like that.
And if we look at the jobs, weekly jobless claims increased from 19,000 to 200,000.
Productivity plunges at 7.5% rate in the first quarter.
So now there are signs that higher labor costs are starting to hurt small businesses, especially those in the leisure and hospitality industry.
A separate report from global outplacement firm Challenger Gray and Christmas...
This is the second straight monthly increase in layoffs, and it was led by the leisure and hospitality industry.
The rise in layoffs was in sync with the ADP National Employment Report, which showed the smallest private payrolls gained in two years in April as employment businesses with less than 50 workers fell.
There's no getting around the fact that the tight state of the labor market has pushed real labor costs for employers well above levels consistent with the Fed's 2% inflation goal.
Labor costs are homegrown and signal that the Fed still has significant work to do to bring down inflation, which means they're going to have to accelerate everything.
I don't believe everything that they're doing where they're raising the rates is ever going to stop inflation.
It's just going to get worse and worse as time goes on.
And I do believe this is why Trump continually tells us that inflation is going to destroy the economy.
Actually, inflation is going to destroy the fiat system.
And this is why Trump and the patriots are allowing the private West Central Bank to do what they do best.
They're going to destroy their system no matter what.
Why don't use it against them?
Now, we're going to see certain things happen in the economy, especially with housing and many other industries.
Because as you raise the rates, what happens?
Well, in the housing market, it pushes people out of the market.
So the housing industry is going to have a tough time right now.
But we can see other private central banks, they're following in the footsteps of the Fed.
The Bank of England is now raising rates.
Now, is this the best time to do this?
Well, the Bank of England is actually helping drive the UK into recession.
Isn't that interesting?
Rather than raising rates in the middle of a living standard crisis, the bank should be doing what?
Cutting them.
So the Bank of England, they went ahead and they raised their rates from 0.75% to 1%.
This is the highest level since 2009.
And the UK is quite clearly already in a recession.
The rate rise we saw today is exactly the opposite of what is needed.
Now, do they care?
No, of course not.
Their plan is to bring down the entire global economic system to bring us into the Great Reset.
They need to get rid of the old system.
They need to create a crisis.
This is how it works.
They created a crisis in 1971.
They told us there were gold speculators in the market.
They did this because they needed to move us from the gold standard over to the petrodollar standard.
And this is why they needed that crisis.
And of course, they throw in the term, it's going to be temporary, but we know it's not temporary.
It's been like this for 50 plus years now.
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So they're doing the same exact thing.
They're creating this crisis.
But the problem is they have nowhere to point the finger.
See, back then they used gold speculators.
Now they don't have anyone to point the finger at.
So I do believe what's going to happen is they're going to start pointing the finger at each other.
And it seems that it has already started.
Because Janet Yellen was out there saying that Biden's spending did feed inflation.
Now remember, Janet Yellen, she was head of the Fed.
Her allegiance is to the central bankers.
It's not to the United States of America.
It's not to the people of this country.
The private Western central bankers, their allegiance is to the private Western central bank system.
And she's already starting to point the finger to say, hey, this is the individual that's responsible.
Why?
He's disposable.
In the end, he's just the front man.
They don't care if they get rid of him.
They don't care if he takes all the blame.
And that's exactly what's going to happen.
But I do believe what's going to happen is that this is going to go way past Biden.
Yes, in the beginning, people are going to blame him.
Yes, people are going to say, well, you caused inflation.
Yes, Janet Yellen is going to be saying this.
Other private West central bankers are going to say, yes.
Well, if governments didn't spend so much...
Well, we wouldn't be having this problem.
And we'll probably see that statement coming up very, very soon from all over the world, from all different private Western Central Banks.
And they'll be pointing the finger at the leaders of the country because the private Western Central Bank, they don't want to be blamed for any of this.
So they rather point the finger at other individuals, especially those people in the country.
Now, remember, they're the ones who kicked this off.
They're the ones who created the pandemic.
They're the ones who put their plan into motion where they were going to keep everyone at home.
They were going to have the governments print and print and print and print.
And everyone was going to receive a check at home.
The debt was going to rise so quickly.
The entire system was going to shut down supply chain issues, everything that we're seeing today.
But the cover story was going to be that the pandemic shut down the global economic system.
And that's why we're seeing all this.
Since they put everything into motion, since everything is moving forward, they can't stop because they already started it.
And since they can't stop, they need another cover story.
Yes, they'll probably blame a lot of the elected leaders because they don't really care about them.
They'll probably try to bring in the cyber attack agenda.
They're going to do whatever they possibly can to try to cover this up.
But I do believe in the end that this is going to completely fail on them because they don't have a cover story.
The people are watching this very closely and the people know and they're starting to learn that the Federal Reserve and other central banks, they have mandates and they need to follow these mandates and they're there to actually enforce these mandates and make sure that the economy stays steady.
And the people are going to see that the economy is not staying steady.
And as inflation continually moves up and the Fed says, okay, we've got to raise the rates again.
Okay, we have to raise the rates again.
And people are watching this saying, okay, the Fed is doing all this, but they can't stop what's happening right now.
Inflation is destroying the system.
This is going to be a complete and utter disaster for them.
And I do believe that Trump and the patriots, they knew this from the very, very beginning because they knew the playbook and what they were planning to do.
They knew they were ushering in the plandemic to push this.
Yes, it had many different agendas.
They had to get Trump out of office.
They had to put the resident in there to move forward with their plan because if Trump was in office, would they be able to move forward with the Great Reset?
No.
See, Trump and the Patriots, they knew this.
So they said, you know something?
Let's use this to our advantage because we have the leverage.
Let the people see the truth.
Let them destroy the system.
Let it all fall down on their watch.
And that's exactly what's happening.
The entire system is going to be falling apart on the criminal syndicate's watch.
And the people are going to see this very, very clearly.
See, the people now are awake enough.
They understand what's really going on, especially now with the economy completely falling apart.
Right now, 77% of the people say the economy is absolutely awful.
There's going to be no improvement under Biden.
They already know this.
And I do believe that the poll numbers for what the Fed is doing, those are going to start to rise.
They're going to say, yeah, the Fed can't handle the situation.
You're going to see those numbers start to move up like we've never seen before.
And then you're going to have the Fed and Biden.
You're going to see them blame each other as time goes on.
We already see it starting.
Janet Yellen is already making the announcement.
Yes, it's Biden's fault.
He spent too much.
It's not the Private Western Central Bank.
I know she's not part of the Private Western Central Bank, or is she?
And she is going to protect the Private Western Central Bank at all costs.
Because they don't have an allegiance to a government or a people.
So yes, she will be blaming Biden.
Other individuals in other governments will be blaming their leaders.
And we're going to see this across the globe.
But nothing's going to stop what's happening.
The people are awake.
You can't put them back to sleep.
They're trapped in their own agenda.
And the clock is ticking down.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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