Ep. 2796a - The [CB]/[JB] Have Pushed The People To The Precipice, Time Has Run Out
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 2796A and today's date is June 10th, 2022 and the title of the episode is The Central Bank Joe Biden had pushed the people to the precipice.
Time has run out.
Let's talk about protecting your wealth.
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Let's get into the economic collapse financial news.
Now everything the deep state, the private West Central Bank, the corrupt politicians are doing, it is completely backfiring on them.
I know Biden's out there and he's continually telling everyone the economy is the best that we've ever seen.
Now, he can keep continually repeating this over and over and over, but the people are not believing this whatsoever.
The people are seeing the truth.
They feel the truth.
They know what the truth is.
Because every time you go to the pump, every time you go to the store, every time you go and do something with cash, you know there's something wrong.
You feel it.
And it doesn't matter how many times the fake news or Biden or the press secretary continually repeats it.
People are not buying what they're selling.
And the entire economic system is completely falling apart.
I do believe Trump has already warned us of all of this.
This is what happens...
When you have a puppet government in place.
This is what happens when you have the puppet masters, the deep state players, the central banks, overthrow a government and push their agenda.
This is what people are experiencing.
And this is what is going to bring people to the precipice.
People are now hitting that economic precipice wall.
And as this continues, it's going to get worse and worse for the deep state players.
Think about what inflation is right now.
It's 8.6%.
Yes, that's the manipulated number.
We know this is very close to 17%.
Let's not fool ourselves here.
Or actually, is it a lot worse?
Because go back to the 30s when gold was $35 an ounce.
Now it's 18 and change.
And that's $1,800 and change.
So is it really just 17%?
Or have they been masking the devaluation of the currency for a very, very long time?
And we know that gold is manipulated.
So this is a complete and utter disaster, but let's use their number of 8.6% because the people that are experiencing this and we see that the employment numbers, they are absolutely awful.
It's not a recovery.
Total employment today is 800,000 lower than it was in 2020.
This is not even a catch up of where we were before.
If you take the trend line from February 2020 on up, we're 5 million jobs short from where we should be had we just been on that trend line.
This is catastrophic right now.
And what are the mandates of the Fed?
This always comes back to the Fed.
It always comes into play.
Their mandate is simple.
Make sure the currency doesn't devalue.
Make sure everyone is employed.
When Biden continually talks about, hey, everyone has a job.
We're recovering.
No, you're not recovering from anything.
The entire system is artificially shut down.
It's like throwing a switch off.
Everyone couldn't go to work.
And as you're not in work, unemployment kicks in and they count you as being unemployed.
Then you turn the switch back on.
The companies open up.
The people go back to their jobs.
And they're no longer counted.
He didn't create jobs.
No jobs were created.
Actually, if you really look at this, 5 million were lost because of COVID. He never got them back.
This is what everyone's experiencing.
But look what the fake news is doing.
And Bullion, Bitcoin, and BS on Telegram put this out.
And this is from the Washington Post.
They think we're stupid.
This is what they put out.
Republicans...
Are scaremongering about inflation to derail the democratic agenda?
No one has to scaremonger.
Everyone feels it.
Everyone sees it.
CNBC. The inflation scare doesn't match reality.
Really?
How about MSNBC? Why the inflation we're seeing now is a good thing.
Really?
It's a great thing.
You see, when they say it's a good thing, they're thinking back to the 70s.
Oh, inflation's great.
Your wages are going up.
The price, your houses are going, everything is great.
You see, we're not in the 70s.
We're at the end of their system.
And we've said it before.
Wages are not going to go up.
Wages are going to go the other way.
At the end of a private, what's the central bank, illusionary system, they go the opposite way.
And that's exactly what we're seeing.
And we'll be talking about that in just a second.
But first, Trump, he put this out on True Social.
This is what he said.
Just out, really bad CPI, 8.6%.
Worst number since 1981.
Employment numbers 6 million lower than it should be.
I told you so.
Should never have happened.
Absolutely.
Actually, his number is a little bit higher than what I just reported.
He must know a little bit more than I know.
Hmm.
That's interesting.
But election wizard, he breaks it down and says, all right, this is what we're looking at.
And this is the increases because of inflation.
Gas, it's up 48.7%.
Fuel oil is 106.7%.
Meat, poultry, and fish up 13.1%.
Milk up 15.9%.
Eggs 32.2%.
Coffee 15.3%.
Used cars 16.1%.
Airline fares 37.8%.
And like I said just before, inflation is moving up, which means the currency is devaluing and wages are declining.
And remember, Trump said inflation will destroy the economy.
Do they want it destroyed?
Do they want the private Western central bank system destroyed?
Of course they do.
Let's talk about protecting your wealth.
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That's 877-646-5347.
Or click the link in the description.
Because they want to move us into a people system.
That's what you're experiencing.
I know it looks dark now.
But people need to see it.
They need to feel it.
They need to hit the economic precipice wall, and they must say, we're done with this.
We're moving to something completely different.
Andy Puzder put this out on Twitter.
He said the following.
Here's May's wage and inflation rates comparison chart based on BLS data.
Food, fuel, shelter, all up more than wages.
Hitting working and middle-class Americans where it hurts most.
Biden's blame and spend policy is not working.
Please put it back the way it was pre-pandemic.
And he has a little chart here.
And it shows the Biden administration.
And it shows inflation at 8.6%, approaching 9%.
Wages have dropped from 5.6 or 7% down to 5.1%.
And you can see the trajectory of wages.
It's heading down.
Down.
Inflation is heading up.
They are now separating.
And people are really going to feel this.
So let's put this into perspective.
The median family income in the U.S. is $67,500 or $5,600 per month.
Now, of course, this is before taxes, so we're just going to use this number before taxes.
At the present rate, according to Bloomberg, an average family will pay an extra $5,200 this year due to increased costs.
So think about that.
It's one month's salary.
So you're only getting paid for 11 months now.
On average, if someone's making $67,500 a year, if you're making less, it's a lot worse.
If you're making more, it's a little bit better.
But as time goes on, it will then catch up because this number will continue to grow.
And those people making $100,000, then $150,000, then $200,000.
This is the way it works.
People are really feeling it.
So instead of getting 12 months worth of salary, people are getting 11 months.
If you make less, it's 10 months.
See how this works?
And the entire system is completely falling apart.
Actually, as the Federal Reserve raises rates, it affects the housing market.
We discussed this many, many times before in many other reports.
Because what does it do?
It pushes people out of the market.
Because now your income doesn't go that far because the rates are higher.
So it pushes you out of the market.
So what's going to happen?
People are going to try to sell their house and there's going to be no people.
And that's what we're experiencing.
Actually, Yahoo News is even admitting to this saying U.S. mortgage applications are in meltdown.
Of course they are.
Because the entire system is completely falling apart.
Everything that they're doing is not working, especially with fuel.
Most Americans aren't going out saying, hey, oh God, the fuel prices are moving up.
I'm going to buy an electric car.
You know what they're saying?
And Rasmussen did a poll.
They said, we're not going to drive anymore.
Yeah, maybe we used to drive on, you know, for vacation or just for fun.
Now we're only going to use the car for work and that is it.
We're not going to drive anywhere else.
So according to a survey, 66% said they are actually driving less because of rising gas prices.
So people are already saying, yeah, we're not driving anywhere.
They don't say, hey, I'm going to buy an electric car.
They can't afford it, especially when wages are going down and the value of the currency is decreasing.
And that's why the Umich sentiment has completely collapsed.
And this is the confidence of the people.
So in June, it crashed from 58.4 to 50.2.
Massively below the 58.1 expectations.
It's cratering right now.
And the stock market, because of all the information coming out, that is crashing right now.
Actually, Microsoft, Google, Apple, and many other stocks, they're all declining.
It's completely falling apart.
And what's very interesting about all of this is C3 on True Social kind of sums it all up.
And I do believe this is what Trump and the Patriots wanted everyone to see, that these individuals...
In government who've been there many, many years.
They've never run a business.
They've never had to work on their own.
They never started anything on their own.
All they've been doing is taking funds from we, the people.
And they've been laundering money, making themselves very, very wealthy.
They've never really had to work for themselves and make it.
Because when you spend 40, 50 years in government, You're living off the government.
And you're also living off all the money laundering money and everything else that you've been doing.
So they have no clue how to run anything.
And this is what C3 says.
When a crooked career politician with no legal business experience that's owned by China and hates America is in the White House, you get the Biden economy.
Especially if they add in the agenda trying to bring us into the Great Reset.
When a businessman with decades of business experience that's owned by no one and loves America Two is in the White House, you get the Trump economy.
It's that simple.
And yes, C3 is absolutely right.
Trump, he ran a business.
He might have had businesses fail, but when you have things fail, you learn from them.
You understand how you can get around these things and actually make your businesses better.
I mean, everyone looks at failure and says, oh my God, I don't want to fail.
Actually, sometimes it's the best thing to fail because then you learn Why this happened?
You learn how to fix it.
It's almost like those people that like to repair things.
A lot of these people, they like to break things so they teach themselves how to repair it.
So when people are...
The fake news is out there saying, oh, Trump had a bankruptcy.
Guess what?
He knows how to navigate through a bankruptcy.
Let's see.
What does Biden know how to do?
He doesn't know how to do this.
But we know the truth of the matter is that they're trying to bring us into the Great Recept.
This is...
What a puppet regime does, they're only focused on their own agenda.
They don't care about the people.
And the people, as this continually progresses, the people, they see and understand what actually is going on.
And the people, they are revolting against this.
All they have to do is go to the pump.
All they have to do is go to the store.
And yes, we all have this in common.
And Trump and the patriots, they knew that if you just give people an incredible economy, show them how the country can be energy independent, unemployment numbers are really, really low.
Inflation is really, really low.
Wages are moving up.
All you have to do is show people that it's possible.
And once people see this, they say, wow, this is pretty good.
See, people, I don't know if a lot of people realize how good it was when Trump was in the White House, what he did to the economy.
But now...
They can really see it.
Even those people that were out there saying, no, we want Biden, we want the orange man, we want him gone, he's bad man, bad tweets.
I don't think they realized how good the economy was.
But what's very important about this is he showed everyone, look, under me, look what the economy looked like.
Under Biden, this is what you get.
You want to go with the Puppet Masters?
You want to go with the Private West Central Bank?
They're going to give you more of this and actually it's going to be a lot worse because they're going to make everyone's lives miserable.
Think about what they've done since 1913.
Since 1913, they've made people's lives miserable, especially when we approached 1971 when we came off the gold standard and we went full fiat.
That's when everything started to fall apart.
And now we're at the end of their system, and the end of their system, it's a complete and utter mess.
And this is why they're trying to push us into the Great Reset.
And this is why Trump and the Patriots needed to show everyone and pull the curtain back so everyone can see the private Western Central Bank system for themselves.
You don't have to hear it from someone.
You see it.
You understand that they're not doing anything to benefit you.
And as it gets worse and worse and people struggle and struggle and get angrier and angrier, The people, in the end, they're going to hit that wall and they're going to demand change.