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June 6, 2022 - X22 Report
19:19
Ep. 2792a - Inflation Blame Game Continues, This Will Not End Well For the [CB]
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 2792A and today's date is June 6, 2022 and the title of the episode is Inflation Blame Game Continues.
This will not end well for the central bank.
Let's talk about protecting your wealth.
With inflation now at 8.5% and maybe even higher, don't you think you need to be smarter with your money?
You need it to grow, not shrink.
You need financial freedom, not debt.
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And this month for every cash deal about 20,000, you'll get an incredible three ounce silver American virtue coin completely free as a thank you.
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That's 877-646-5347.
Or go to noblegoldinvestments.com or click the link in the description.
Let's get into the economic collapse financial news.
Now, the deep state, the private Western Central Bank, the corrupt politicians, fake news, big tech, they're having a very difficult time controlling the economic narrative, and it's completely falling apart.
No matter how many times Joe Biden comes out and says this is the best recovery we've ever seen in our lifetime, people aren't believing this because people are experiencing exactly what's going on.
And it's not just food.
It's not just fuel.
This is going to run into almost everything else.
And people are starting to feel this.
And what I mean by that is people are going to start to see homeowners.
That insurance start to move up.
Auto insurance start to move up.
This is what happens when inflation hits.
And this will continue on.
And people are going to realize, wait a minute, every single month I have less and less money.
So those people who own homes, who have homeowners insurance, They're going to see...
That increase, which will increase their mortgage, and people are going to go, whoa, whoa, what's going on here?
Why did this increase $1,000?
Why did this increase $2,000?
This makes no sense to me.
Then add on top of that, food prices, fuel prices, and everything else.
People are seeing the truth.
Now, of course, Joe Biden, he's out there telling everyone this is the best recovery we've ever seen in our lifetime, and it's actually the opposite.
Whatever these people are saying, it's always the opposite with them.
Right now, gas prices, they have surged to $4.86 per gallon.
This was two cents over the previous all-time record high from the day before.
The price of gas has gone up 25 cents a gallon in the last week.
Does everyone see their agenda?
I do believe so.
Remember when Joe Biden said the following?
He said, when it comes to the gas prices, we're going through an incredible transition.
This is all planned.
He's not going to do anything about the gas prices.
They don't care about the gas prices.
They're trying to bring us into the Great Reset, the Green New Deal.
And as they do this, they don't have that one important thing, a cover story.
See, if there was a war, if there was a global pandemic, if there was the global economic shutdown, yes, you would be able to understand what was going on.
Now, think about the pandemic or think about the war.
You wouldn't really be traveling all that much, especially in the pandemic.
They wanted everyone to sit home.
They wanted everyone to collect a check.
They didn't want anyone traveling around.
So if the fuel prices started to move up, people wouldn't really say, oh wow, look, it's moving up.
I can't afford this because they'd be sitting home working virtually.
Trump He countered all this and they don't have everyone sitting home.
Everyone's going back to work.
Everyone's traveling.
Now, people see this very, very clearly.
The same thing with inflation.
They'd be able to write this off.
Well, the supply chains where they were affected because of the global economic shutdown.
This is why we're having inflation.
And this is why we're giving you an additional check.
They don't have this either.
Their entire plan, I'm talking about the Deep State, the World Economic Forum, the Private West Central Bank, their plan is completely falling apart.
And people see the difference very, very clearly.
Actually, if you go back to when Obama was president, we're on that track right now.
They had to bring it back to that and then move forward with it.
And you could see it very, very clearly.
Don Jr.
put this out on Twitter.
He said the following.
I'd pay good money to have VP Giggles explain this.
And there's a chart here.
And it shows when Obama was president.
And it shows what the fuel costs were back then.
They were around $4.
Yes, they bobbed up and down between $3.75, $4.
But that was during Obama's term.
Then...
There's a part of the graph that says here, this is when Trump was in the White House.
Fuel prices dropped to $2.30, all the way down to $2.
Then Biden came into the office, and as soon as he was inaugurated, fuel prices just jumped.
And now they're $5 plus.
Yeah, some places are $4.75, $4.80.
Some places they're $8.
Some places they're approaching $9.
And you can see the difference.
You can see what's exactly going on.
Now, it's very interesting.
We have to go back in time for this.
Remember back November 12, 2020.
When Trump was out there saying that fuel prices were going to spike under Biden, that, yes, we're going to see inflation.
But this is what the Washington Post put out back then, and it says the following.
The Energy 202.
Conservatives predict gas prices will spike under Biden.
Experts say those fears are overblown.
Well, the experts, as usual, they're completely wrong.
Yes, the experts would be right if they had control of what was going on.
See, the experts now are no longer the experts because they don't have control anymore of what's going on.
Trump told us going back in time that fuel prices were going to go up because he knew the playbook, that we were going to see inflation because he knew the playbook, And if you know the playbook, you know exactly what they're going to do.
Now, Biden, he's not trying to make the situation better.
He's making it worse every single day.
And he did something very, very quietly.
So no one really noticed.
Last Friday, the Biden administration raised the mandatory amount of biofuel, specifically ethanol.
That must be blended within the U.S. gas gasoline supply.
The previous amount of 10% was raised to 15% by the Environmental Protection Agency, the EPA. This is likely to lead to two sets of bigger issues.
Less food and higher gas prices.
Well, let's tackle the first issue.
The Renewable Standard RFS is a government mandate passed in 2005 and expanded in 2007.
That requires growing volumes of biofuels to be blended into US transportation fuels like gasoline and diesel every single year.
Approximately 40% of corn grown in the US is used for ethanol.
Raising the amount of ethanol required in gasoline will result in the need for more biofuel, which is corn.
With farming costs and outputs already under pressure, this could be problematic.
Now, the second issue.
The EPA enforces the biofuel standard by requiring refineries to submit purchase credits, known as Renewable Identification Numbers, or RINs, to the Environmental Protection Agency, proving the purchases.
This enforcement requirement sets up a system where the RIN credits are bought and sold by small refineries who do not have the infrastructure to do the blending process.
This is going to be a problem.
The other issue...
Ethanol is a valuable source of octane in finished gasoline, but it is chemically different than petroleum gasoline and cannot be used in concentrations above 10% in small engines, like outboard motors, motorcycles, lawnmowers, generators, or chainsaws, or in any cars made before 2001.
Complicating matters further, most cars on the road today still aren't warrantied to run on gasoline with more than 10% of the ethanol.
What do you think is going to happen?
As the amount of ethanol is increased to 15%, do you think engines are going to malfunction?
I do believe so.
So let's review this.
What are we going to see?
We're going to see less food as more corn is needed for ethanol, higher prices for finished and blended gasoline, vehicle engines breaking down at a much higher rate.
Let's talk about protecting your wealth.
Now, over the years, you've probably tried different investments in stocks and mutual funds, so you know they can be up and down all over the place.
But with inflation running at 8.5%, it's the highest rate for 40 years.
Do you need uncertainty?
Being able to sleep at night knowing your investments aren't about to crash is worth its weight in gold.
And speaking of gold, if you've been jumping from one investment idea to the next, a gold IRA with Noble Gold is perfect.
With gold, you shield your gains from taxes, you keep the real value of your wealth, you own global assets, something tangible, and you protect your wealth against an economic crash.
What's not to like?
And this month, for every cash deal above $20,000, you'll get an incredible 3-ounce Silver American virtual coin completely free as a thank you.
You can't go wrong with Noble Gold.
Call Noble Gold at 877-646-5347.
That's 877-646-5347 or click the link in the description.
Is this part of their plan to bring us into the Great Reset?
The Green New Deal?
Absolutely.
Can you see it very, very clearly?
Are people rejecting this?
Yes, from the poll numbers, we see people are not going along with this whatsoever.
They know who's causing it, they know who's not fixing it, and they know who to blame.
Now, while all of this is going on, you would think the Biden administration would say, okay, don't worry, I got the answer for this.
We're going to use the Defense Production Act to ramp up fuel production.
Yes, we're going to drill here in the United States.
We're going to become energy independent.
No, of course they're not going to do that.
Yes, Trump did this.
But what are they going to do?
No, they're going to use the Defense Production Act to ramp up production of clean energy.
More solar panels, more wind turbines.
Their objective is the Green New Deal.
This is going to backfire on them.
Remember, Trump and the Patriots, they completely accelerated the plan.
They are not prepared for this.
They're not ready for this.
And everything that they're trying to do is going to backfire.
Because once people don't have energy, once people can't drive their cars, once their engines start to break down and fuel costs continually increase, what do you think people are going to do?
Oh, let me go buy an electric car.
No!
No one's going to do that.
First of all, the grid can't handle it.
Second of all, what produces the electric?
Oh wait, are we getting it from the sun?
Are we getting it from windmills?
Oh no!
That means more coal production.
That means more natural gas production.
That means more oil production.
This is a complete and utter disaster.
And I do believe Trump and the Patriots, they knew this.
They're showing the people this is their plan.
Do you want this plan?
Do you like what they're doing here?
Is it going to benefit you?
Is it going to help you in the future?
And people are starting to realize that, no, this is not going to help me whatsoever.
Now, remember, when Trump was in the White House, he showed people, look, I'm going to keep corporations here.
I'm going to make sure they don't open plants in Mexico, in China, in Taiwan, out in Vietnam, that companies stay here.
And I made sure, by dealing with these certain companies, to stay here.
Now we're starting to see companies, because of regulations and everything that's going on, they're starting to move their operations to other places.
One of them is John Deere.
They're moving out of this country to Mexico.
And Trump, he put this out on True Social.
This is what he said.
I had this stuff shut down.
But here we go again.
An otherwise great company, one which my company does a great deal of business with, John Deere, will be moving a large part of its tractor and cap assembly operations facility in wonderful Waterloo, Iowa, to Mexico by 2024.
Right before the presidential election.
I would not have allowed this to happen without serious recrimination.
USA must fight back.
No more losing our jobs and businesses again to other countries.
America first.
So once again, Trump, when he came into the White House, what did he do?
He showed people how he could keep companies in this country.
He showed how he can go to certain areas...
Maine and Wisconsin and many other places and show people, look, I can take those industries and restart them.
And now people can see this very clearly.
He also showed, listen, I can place tariffs on China, on Europe.
I can give this to the farmers and help them out and help their business.
I can keep fuel prices low because I can make the country energy independent.
I can do all these things.
I can even renegotiate NAFTA to help out.
Which he did.
And now everyone's seeing the opposite.
The opposite is now happening.
Now, what's very interesting is we've seen the blame game continue with inflation.
We see that Joe Biden, he pointed to the Fed.
Janet Yellen says, I had no clue what was going on.
Of course, remember, she was head of the Fed.
She knows exactly what's going on.
But she starts to blame now Joe Biden.
Everyone is blaming each other now about why inflation is doing what it's doing.
But we know that Janet Yellen, she was the head of the Fed.
Now she's head of the Treasury.
And we know that she has all these tools at her disposal.
She knows exactly what was going on.
Actually, Tom Massey comes out.
He says the following.
Congress and the Fed are the main causes of the inflation we're experiencing now.
Anyone claiming that they didn't see this coming should not be in a position of influence and never should have been.
Isn't it funny that everyone else outside of the fake news, outside of the corrupt politicians, all said that this inflation was not transitory.
This inflation was going to get worse and worse.
All those people were right, and all the experts, the economists, the Fed, the head of the Treasury, Biden, the fake news, they were all wrong about what was really going on.
Just like they said that fuel prices weren't going to go up.
That's just ridiculous.
Experts are saying, no, fuel prices will stay the same.
We all know that their agenda is completely different, and back in the day, they had control.
Now, they have no control.
They really don't know what's going on.
Trump and the Patriots, they're the ones who are really in control.
And actually, you can see this very, very clearly, that the experts who were being filled in on what was going to happen, they were easily able to report, oh, this is what the economy is going to do.
Oh, the stock market is going to come down.
Now, they have no clue because the deep state players, they're not controlling all of this.
Plus, Trump and the Patriots, they knew that they were trying to bring us into the Green New Deal, into the Great Reset.
And what did Trump do?
He took everything that they had and reversed it Put him behind schedule and they had to catch up.
By doing this, he knew exactly what was going on.
Now remember, this was not supposed to happen in this short period of time.
It was supposed to take years and years and years and they were supposed to blame it on a cover story.
So the experts, yes.
They would be right saying, oh no, the fuel prices, they're not going to really go up because the fuel prices, it would have taken a very long time for fuel prices to go up and they would have made the argument, no, we're going to be fine.
It only went by 10 cents or 5 cents or 50 cents.
It's not that big of a deal.
You see, they wanted this to happen very, very slowly.
Trump, the patriots, they needed to accelerate this.
So you didn't have to wait for this.
It wasn't a conspiracy.
You weren't waiting for things to happen.
You're seeing them happen one after another in a very short period of time.
And it's going to get worse and worse.
This is the transition into a new system.
And it's not the deep state system.
It's not the private-west central bank system.
It is the patriot system.
Yes, Trump and the patriots, they're using the central bankers.
They're using the World Economic Forum to do what they do best.
Destroy their old system and try to bring us into the new system.
Trump and the Patriots, they're going to do the old flipperoo on them, and they're actually going to bring us into a people's economy.
And people need to see why we don't want to go into their system.
And this is what Trump and the Patriots are trying to show everyone.
Do you want to go into their system where you're going to be eating bugs?
Where you're going to be...
Using electric cars, your house is going to be powered by electric, and this is going to be windmills, solar panels.
You saw what happened in Texas in the winter.
There'll be no backup generators.
There'll be no backup oil or natural gas.
If you don't have power from these natural resources, you just don't have power.
You might freeze to death.
Remember, they don't care about this.
They think of us as serfs.
And now people are seeing this very, very clearly.
And they're also seeing how they don't care.
And that is very important.
And this is going to backfire on all of them.
And this is what Trump and the Patriots wanted.
They needed the people to see everything very, very clearly.
So the people decide we don't want to go in this direction.
We want to go in a different direction.
We need a solution to this problem.
Something that's going to benefit the people.
And I do believe Trump and the Patriots, they're going to present this.
And it's going to go up against what the World Economic Forum, what the private central bankers are going to present.
And the people are going to see a very, very big difference.
And at that time, the people are going to say, okay, you know something?
The deep state, the Biden administration, the puppet masters, the private West Central Bank, the World Economic Forum, they all lied this entire time and the people see the lies.
They see how they're not doing anything to stop this.
The people see this and they're going to see the other solution and the people are going to say, you know something?
I like this solution better because now we see the criminal activity of the Central Bank We see what they've been trying to do.
And we see that this other solution, which is a people solution, this will benefit all of us.
Like I said before, the people in the end, they're going to make the final decision.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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