Ep. 2797a - Economic Narrative Has Backfired On [JB]/[CB],Transition Away From The [CB] Continues
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave in this episode 2797A and today's date is June 12, 2022 and the title of the episode is Economic Narrative Has Backfired on Joe Biden and the Central Bank.
Transition away from the Central Bank continues.
Let's talk We're good to go.
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Let's get into the economic collapse financial news.
Now, everything the Deep State, the private Western Central Bank, the corrupt politicians are doing as they're following their agenda to bring us into the Great Reset, the Green New Deal, it is completely falling apart.
They have lost the narrative.
The American people are no longer believing what the Biden administration is saying, no longer believing what the Fed is saying, and this will continue as time goes on.
Actually, there was a new poll and it found that most people believe the Biden team Is letting gas prices rise intentionally in order to get the country off of fossil fuels?
Now, the poll, it was given by the Trafalgar Group, and they asked a question.
Do you believe the Biden administration is intentionally letting gas prices rise to make Americans use less fossil fuels?
53% said absolutely yes.
They believe the Biden administration is allowing it to happen to purposely force Americans to use less fossil fuels.
Another 39.6%, however, do not believe that this is the case.
And 7.4% are unsure.
As this continues, it's going to get worse and worse from the Biden administration.
Remember, Biden came out and told us, yes, we are transitioning away from fossil fuels.
We're moving into the Green New Deal.
Actually, Pete Buttigieg and the rest, they've been saying the same exact things.
And the people realize that they're the ones who caused this problem in the first place.
Just to remind everyone that it was not Putin who shut down the Keystone XL pipeline, made federal lands off limits for new oil and natural gas exploration, and threw up regulatory roadblocks at nearly every agency with any impact on the American fossil fuel industry.
This was all the Biden administration, the puppet masters, the central bank.
We know their agenda.
We know what they're trying to do.
And now the American people are waking up to this.
And the American people, remember, they have this in common.
The American people understand exactly what they're feeling.
No matter how many times the Biden administration, the puppet masters, the central bank continually tell us, oh, no, no, it's Putin.
Oh, no, no.
It has to do with this.
It has to do with that.
No one's believing it.
Just like they're not believing the fake news if we go back in time and Culture War Room put this out on Telegram.
This is from CNN and this was December 8th, 2021.
Back then they told us that gas prices will tumble below $3 a gallon soon.
This was a government forecast.
Now think about all the lies that they've been telling everyone.
They told everyone there was no such thing as inflation.
The economists, the top people said, no, this is just going to disappear.
The Fed was out there saying, yeah, this is transitory.
Don't worry about it.
And now here we are a year later and everyone's feeling inflation.
Actually, it's gotten worse.
As we reported on Friday, it's 8.6%.
Now we know this is the manipulating number.
We know that this number is much, much higher than If you go back to the 1970s calculation, it's around 18%.
Actually, if you go back to the 30s, this inflation that we're experiencing right now is off the charts.
And people are waking up to this, and people are seeing this, and people are starting to understand really what's going on.
And as this gets worse and worse and worse, the people are going to realize, ah, we know who's responsible for all of this.
Yes, it's going to start with Joe Biden.
It's going to move to the Puppet Masters and eventually hit the private Western Central Bank.
I do believe that Trump and the Patriots, they wanted the people to feel this, walk through this entire agenda so you completely understand what's really going on.
But there is light at the end of the tunnel.
We know, in the end, the patriots, they're going to use this crisis against the Private West Essential Bank, against the World Economic Forum.
Because once you enter a crisis and the people, and you can see from the poll numbers already, the people are pointing the finger now at who's responsible.
You can use this to transition away from the Private West Essential Bank system.
And I do believe this is exactly what's going to happen.
And we're going to be transitioning into a new currency, which is not controlled by the private West Central Bank.
We'll be talking about that in just a sec.
But first, people are really feeling the pain right now.
And rents across the U.S. rise above $2,000 a month for the first time ever.
Start to put all of this together right now.
And this is a complete and utter disaster.
We see that there are people now on the street where people are interviewing individuals saying, what's the biggest problem now?
And people are saying, it's the inflation.
It's the fuel prices.
Let's talk about protection.
Crime in LA is the worst it's been in decades, and many residents are frightened for their safety.
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In just 2021 alone, homicides increased by a shocking 12%.
This isn't just an LA problem.
It's a nationwide plague.
Violent crimes like murder and robbery are spiking across the country.
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Then enter the coupon code FATHER20 for an extra 20% off during checkout.
We don't want Biden anymore.
We'd rather have Trump in office.
Take a listen to some of these individuals.
Look at the gas prices.
It ain't comfortable to me.
Hell no.
Joe Biden says that we're in a strong economy, that we're doing great.
Do you believe that?
No.
We're not financially stable, comfortable, or nothing like that.
But when Trump was in office, I was feeling really good.
Really?
Yes.
Trump.
Trump.
So, Joe Biden's too much.
You'd rather have Trump back?
I want Trump back.
I'm not for Biden.
I'm not for him.
Ain't no comfortability around nowhere.
It really hurts America with the gas prices because, one, we have to get to work.
And if we can't get to work and we've got to spend all our money on gas that we're going to work on, that means you can't pay your bills.
So it's an endless circle of endless debt.
And as you can see, these people that are just everyday people on the street, they understand what's going on.
And everything that Biden is doing, everything the private West Central Bank is doing is completely failing.
Now, let's think about where this is all going, because we are now transitioning into a new system.
The process has already started.
Right now, we have parallel systems.
They are happening at the same time, just like back in the 70s, actually prior to that in the 60s, when they were creating the petrodollar system.
We had two systems running at the same time.
But people didn't realize it back then.
They didn't realize that there was another system, which was the petrodollar system.
People only saw what they were using at that moment.
And then it was sprung on them when Nixon said, OK, we're going to be coming off the gold standard because of speculators.
That's when people started to realize there was another system that was coming online.
And yes, it was bumpy.
I do believe the same thing's happening right now, but not the way everyone thinks it's happening.
I do believe what's happening is that there are two parallel systems One is the patriot system backed by the people.
The other one is the private Western Central Bank where they're trying to destroy their old system that we're in today and bring us into their newly created system.
But in the dark shadows where people can't see it, there is another system that's going to be sprung at the last moment.
And I do believe this is going to have to do with gold and it's going to have to do with Bitcoin.
And what's very interesting about this is as people watch the fluctuation of gold and Bitcoin, actually a lot more with Bitcoin, people are like, well, is this really going to happen?
Because look, Bitcoin's going down.
Remember, this is all pegged to the dollar.
So the question is, is Bitcoin an inflation hedge?
Well, there are plenty of people saying Bitcoin isn't an inflation hedge.
They point to last year record amounts of inflation, while Bitcoin prices remain about the same or has moved lower since November.
So how can that be?
Well, the only people who try to measure inflation month by month or a year at a time are central bankers and people who operate with high time preference.
Let's make a fair comparison of the US dollar and Bitcoin since the day they reach parity.
Most people, including Bitcoiners, have no idea when that happened.
Do you?
Well, a quick search reveals that on February 9th, 2011, one Bitcoin was equal to $1.
Now we have a measuring stick for inflation for the past 11 years.
Measuring inflation by the decade strikes me as low time preference way of thinking.
So what do we learn?
If you zoom out, you'll notice that Bitcoin is now 29,000 times more valuable than the US dollar.
Think about that for a second.
Viewed through this lens, it's safe to say Bitcoin is telling us a different story about inflation.
It's telling us that the US dollar is drastically inflating against the hardest form of money ever invented or discovered.
There is a reason why many companies and people keep accumulating more Bitcoin while the price goes lower.
Think about it for a sec.
29,000 times more valuable than U.S. dollar.
Think about gold.
1,800 times more valuable than the U.S. dollar.
That tells you everything you need to know.
And I do believe as this continues, people are going to start to recognize that, yes, there's alternative currencies.
And yes, we will reach a breaking point where people start to realize, especially when the system starts crashing and inflation starts to really take off and people say, okay, this is getting out of hand right now.
I need to protect myself.
Remember, what we're experiencing right now and what the central bankers can do, they can manipulate Gold and yes, Bitcoin in certain ways to make it seem like, oh look, things are going up, they're going down, it's very volatile, you don't want it.
It's actually the currency that is volatile.
Because remove the fiat currency.
Remove that and just deal with gold and Bitcoin.
Is there volatility?
No, there isn't.
And this is the illusion that they have created because they don't want anyone looking at alternative currencies.
But I do believe in the end, the people are going to start to realize and understand that we need to protect ourselves.
We need an alternative.
And I see this coming as the central bank, as the puppet masters continually push and push and push.
Biden is out there.
Pete Buttigieg and the rest.
They're all saying, oh, look at fuel prices.
Nothing we can do about it.
Oh, you're just going to have to deal with it.
Get an electric car.
Is everyone running out getting an electric car?
No, they're not.
They're not buying this.
The same thing is going to happen with the central bank digital currency.
Oh, look, we're in a crisis.
We need to move to the central bank digital currency.
We need all governments doing this.
Most of the countries are going to say, absolutely not.
Yes, those that are pushing it, those people that are in line with the World Economic Forum, those that are in line with the private West Central Bank, like Canada, the criminal syndicate, they're going to try to do this.
But in the end, the people could say, you know something, we don't want to.
The people can actually push back.
And they say, you know something?
We see what's happening.
Your system's falling apart.
Inflation is just out of control.
We're now moving outside of that system, and we're just going to deal in gold, Bitcoin, and we're going to have our own system.
Actually, this is what the colonists did before.
Here in the United States, they created their own currency.
Yes, the British came in, they tried to manipulate it, they tried to crash it, because this is what central bankers do.
But this is exactly what they've done.
And I do believe in the end, we're going to have a revolution.
And it's not with weapons or anything like that.
It's going to be a revolution with the economy, with the currency.
And people, in the end, they're going to decide, you know something?
This benefits us a lot more than that.
And I do believe El Salvador and many other countries that are looking onto this, they're going to be showing the world Hey, look what we can do here.
Look, we're not affected.
Look, our country is getting stronger and stronger.
And when other countries see this, other countries are going to join in.
And I do believe once the United States does this, moves away from the private West Central Bank, the rest of the world is going to be looking and going, whoa, wait a minute, what just happened here?
The central bankers, they're going to be panicking like we've never seen before.
But I do believe in the end, the world, the people of this world, they're going to actually push away from the deep state, from the private West Central Bank, the World Economic Forum, and they will not be able to stop this whatsoever.