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Aug. 10, 2022 - X22 Report

16:43

Ep. 2847a - The [CB]/[JB] Attempt To Save The Collapsing Economic Narrative Has Failed

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	Welcome
	Hi and welcome.
	You're listening to the X22 Report.
	My name is Dave and this is episode 2847A and today's date is August 10th, 2022 and the title of the episode is The Central Bank Joe Biden Administration Attempt to Save the Collapsing Economic Narrative Has Failed.
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	Let's get into the economic collapse financial news.
	Now, the deep state, the corrupt politicians, the private Western Central Bank, the World Economic Forum, their entire narrative for the economy is completely falling apart.
	And they're trying to rescue it because we know the midterms They know the midterms are coming up.
	We know the midterms are coming up.
	And can you imagine if fuel prices were skyrocketing like they are, but even higher?
	Can you imagine if inflation was off the charts over 10%?
	What do you think would happen in the midterms?
	See, they know this and they're playing the game as usual.
	They haven't stopped their agenda.
	All they did was pause it for a moment because the midterms are coming up.
	That is it.
	And they're trying to convince everyone with the lower fuel prices, with inflation really hasn't picked up.
	They're trying to convince people that they did an incredible job.
	It's like a trainer saying, listen, I'm going to help you lose weight, but first, what we're going to do is we're going to make you gain 250 pounds, and then you're going to lose 50 pounds, and then you're going to tell me how great I was because I was able to make you lose 50 pounds, but the person gained 200.
	See, this is exactly what they're doing.
	I mean, Joe Biden was out there, and he's saying, listen, hey, the month of July, there's no inflation.
	Isn't this a great 0% inflation in the month of July?
	But remember, we're at 8.5%.
	We were at 9%.
	It came down to 8.5%.
	Where did we start?
	Lower than 2%?
	Is this a good thing?
	No, this is a play on words.
	That's it.
	But then look at the wages.
	The wages are crashing.
	Zero Hedge put this out and said, real weekly earnings are down for 16th consecutive months.
	Inflation adjusted earnings have declined for 89%, 16 of the 18 months under his presidency.
	And it's getting worse and worse and worse.
	And really think about it.
	This is not 1971 when we came off the gold standard and all of a sudden everyone's wages doubled, your house prices doubled, everything went up and everyone felt great because you got that introduction of that first wave of the drug.
	Now you're at the end.
	You've been drugged out.
	You've been drugged a long time.
	Now you're going through the withdrawal phase of their entire system.
	This is why you see everything that is happening right now, because at the end of the system, it does not look like what it looks like in the beginning of their system.
	And people are starting to see this and people starting to realize this.
	Don Jr. on Twitter put this out.
	He said inflation is at a near 40 year high, even using the fake government notifications.
	Why is it fake?
	Because when the central bank came into existence, they knew that their fiat system, their fiat currency would decline in value over time.
	They knew as that was declining, they had to hide it.
	They had to cover it up.
	So they had to move manufacturing overseas.
	They needed to push certain narratives like, hey, two people need to work in the workplace.
	Hey, you need to live on credit.
	Hey, you need to finance this.
	Hey, now you need to lease this.
	They did this on purpose.
	And what did they do?
	They faked the numbers to make you think.
	They changed the calculations.
	They changed it since 1971.
	Because this is the only way they could convince you that the system is okay.
	Let me continue with what he said.
	And the left-wing media is gaslighting us over it because they're hacks trying to protect Biden and the Dems.
	Enemy of the people.
	Absolutely.
	And people now are seeing the absolute truth.
	Now look at this.
	The Consumer Price Index, the CPI, didn't change from June to July.
	This is according to the BLS. From May to June, the CPI, which represents the average change in the price of consumer goods, rose by 1.3%.
	The food index increased by 1.1% in July.
	This was the seventh consecutive month increase of 0.9% or more, which means food prices are going to rise in the next couple of months.
	And think about Biden using the strategic petroleum reserves to lower the fuel prices.
	So let's take a look at this for a sec.
	When Trump was in the White House, he filled up the strategic petroleum reserves.
	How much did it cost per barrel during that period of time?
	It was $60 per barrel.
	So Trump, he filled up the Strategic Petroleum Reserves and it cost him $60 per barrel.
	Now, Biden has been using this cheap oil to offset the high fuel costs.
	So if he's planning to refill these strategic petroleum reserves, how much is it going to cost him?
	It's going to cost him $90 per barrel, a net loss of $30 per barrel on the millions of barrels the administration has released from the reserve.
	You see what happened here?
	This is the game they play.
	And right after the midterms, They don't care anymore.
	Remember, their entire agenda is to bring us into the Great Reset, the Green New Deal.
	This is just a temporary pause because they understand what's happening.
	They need to control the narrative, make everything look good, make it look like they're doing something.
	But that's all it is.
	It's just a tiny little pause, and then they're going to unleash everything that they possibly have.
	But people see through this.
	People see the truth.
	Unusual whales on Twitter put this out and says price increases over the last year.
	Fuel oil, 75.6%.
	Gasoline, 44%.
	Gas utilities, 30.5%.
	Electricity, 15.2%.
	Food at home, 13%.
	New cars, 10.3%.
	Overall CPI, 8.5%.
	So think about it.
	Think of those percentages.
	Think about what we've been seeing and experiencing.
	See, you can't hide it from the people.
	He could tell people, it's zero inflation in July.
	Yeah, but look how much money I'm spending to go food shopping.
	That hasn't changed.
	Look how much money I'm spending to fill up my car.
	Even though it came down, it still went up two, three dollars.
	So what he's saying and what they're trying to do, it's not working whatsoever.
	And their entire narrative is collapsing on them.
	No one is believing in what they're saying.
	Just like them saying, listen, we just passed the Inflation Reduction Act.
	Does anyone really believe it's the Inflation Reduction Act?
	And we know that they have weaponized the IRS. Now, what's very interesting is Jack Pobziak, he put this out on Telegram and said, listen, Let's talk about our health.
	There's a secret diet that many celebrity CEOs, athletes, and 12.9 million other Americans use.
	It's the keto diet, and it's considered an efficient way to reach weight loss goals, increase energy levels, and enhance mental focus.
	That's why there's a lot of people switching to this amazing keto powder diet.
	It helps increase ketone levels in the body without the strict rules associated with the traditional keto diet.
	So results like boost of metabolism comes a little bit sooner.
	Increase the level of ketones in your body today with it.
	KetoWithX22.com is notorious for selling out due to their high demand.
	If you order now, you'll get 51% off, free shipping, and 60-day money-back guarantee.
	Get yours while you still can by going to KetoWithX22.com.
	That is KetoWithX22.com or click the link in the description.
	They are going to introduce 87,000 new IRS agents coming after you.
	So here's a football stadium and there's 86,112 seats.
	There's not enough capacity in this football stadium to hold the 87,000 new IRS agents.
	Think about that for a second.
	That's how many agents they're going to be.
	And then we have woke societies on Telegram decided, hey, you know, let me take a look at the IRS website and let's see the major duties of the new agents.
	What are they supposed to be doing?
	And here are their major duties.
	Adhere to the highest standards of conduct, especially in maintaining honesty, integrity, which means absolutely nothing.
	Work a minimum of 50 hours per week, which may include irregular hours.
	Be on call 24-7, including holidays and weekends.
	Maintain a level of fitness necessary to effectively respond to life-threatening situations on the job.
	Carry a firearm and be willing to use deadly force if necessary.
	I mean, really think about this for a second.
	This is the tax collector coming around and wanting to do an audit, and they have to be fit and ready to use deadly harm on the people.
	Be willing and able to participate in arrest, execution of search warrants, and other dangerous assignments.
	Now remember, these are individuals who are collecting taxes, sitting down with your accountant, doing audits.
	And think about what they're saying here.
	Does this sound like something completely different?
	Does it seem like this might be the foot soldier of the private West Central Bank, the World Economic Forum, the deep state players to go after and keep control of the people?
	It's starting to seem that way.
	Now, the other thing that we've learned is that the inflation reduction bill Hands out $2.2 billion to farmers that experience discrimination.
	So tuck deep inside the 755 page, $700 billion Inflation Reduction Act is an amendment that would allocate $2.2 billion to provide financial assistance to farmers, ranchers, or forest landowners determined to have experienced discrimination prior to January 1st, 2021.
	So think about that for a second.
	Didn't we hear this before?
	Didn't the Biden administration try this before?
	Well, let's go back in time a little bit and remember the American Rescue Plan Section 1005?
	Well, Section 22007 of the Inflation Reduction Act is going to replace the American Rescue Plan Section 1005.
	That is the loan forgiveness for socially disadvantaged farmers.
	Now, remember, that program was blocked by the courts.
	Marcia Morales Howard, a judge for the District Court of the Middle District of Florida, wrote in her ruling, Section 1005, rigid, categorical, race-based qualifications for relief is the antithesis of flexibility.
	The debt relief provision applies strictly on racial grounds, irrespective of any other factor.
	Every person who identifies him or herself as falling within a social disadvantaged group who has...
	A qualifying farm loan with an outstanding balance as of January 1st, 2021, receives up to 120% debt relief, and no one else receives any debt relief.
	And this was struck down by the courts, and it appeared the Democrats are ready to actually do the same exact thing, and they just renamed it.
	So remember how the game is played.
	They will keep trying and trying.
	They know that this is unconstitutional.
	They know that this is a racist section in their bill but they don't care.
	What's the other thing that we've come to find out?
	Well, this entire climate bill We'll lead to American spending more on health care, not less.
	And this is coming from a report from the University of Chicago.
	Professor Thomas Philipson of the University Becker-Freeman Institute for Economics found that the total health care spending would increase by more than $50 billion over a period of 20 years if Democrats' drug pricing proposal become reality.
	This is because the overwhelming majority of healthcare costs are related to labor, not drug prices, and because of innovation driving costs down in the long term.
	The primary source of spending in healthcare is on labor, such as doctors, nurses, or assistants, which makes up over 70% of overall spending similar to other US industries.
	And this is not going to bring down health costs.
	It's going to actually increase health costs.
	Didn't we see this with the Affordable Care Act?
	Isn't it the same thing?
	Remember, everything that they tell you, it's always the opposite.
	And we come to find out the Affordable Care Act, people were spending a lot more money on health insurance.
	Remember, this wasn't put in a place to benefit the people.
	It was put in a place to steal your wealth, to control the people.
	And that's exactly what they've been doing.
	But their entire agenda is completely falling apart.
	Remember, the deep state players, the World Economic Forum, the Private Western Central Bank, they need chaos to implement their new world order of the Great Reset, the Green New Deal.
	And this is coming out of the Mrs.
	Institute.
	And it says the New World Order is impossible to implement without creating mass chaos.
	And that is exactly what we're seeing.
	They're trying to implement chaos.
	The chaos that they actually wanted...
	Didn't happen.
	There is no World War III. There is no pandemic.
	There is no global economic shutdown.
	They don't have the chaos.
	So everything that they're doing, everything that they're doing right now is completely exposed to the public.
	The public can see it all.
	This is why they're having a very difficult time.
	You see, when the people experience all of this without some type of cover story, people can see this very clearly.
	Now, think about this.
	If they had a war and we were going through a war right now and there was destruction, there was chaos, they could make up the story, hey, you're seeing empty shelves because of the war.
	You're seeing the devaluation of the currency because of the war.
	You're seeing the energy crisis because of the war.
	See, they could use that and people would say, oh, that makes sense.
	It's because of the war.
	Now let's take this to the next step.
	If we were experiencing all this during a pandemic where they shut down the global economy, they can use that cover story as saying, hey, you're seeing the empty shelves because of the pandemic.
	We're not shipping products around.
	Nations are devastated because of the pandemic and because of the entire global economic system being shut down.
	This is why we see the energy crisis.
	This is why we aren't getting supplies.
	This is why the value of the currency is declining.
	This is why we have people protesting Because they can't live anymore and yes, they would be able to use that chaos and bring us into their system.
	But look what happened here.
	They don't have any of this.
	And now people can see everything that they're doing.
	Everything that they're trying to do right now is exposed to we the people.
	And the people are realizing this and experiencing it every single day.
	And they don't have a cover story to point the finger at.
	And this is a huge problem for them.
	And as time goes on, it's going to get worse and worse.
	And in the end, they will not be able to pull this off.
	And in the end, when we're in this incredible crisis, which we're approaching right now, and the Patriots take control, we're going to find out that they could have stopped this.
	They could have said, oh, you know what we can do?
	We can actually pump more oil.
	Hey, you know what we can do?
	We can actually remove the regulations.
	You see, you're going to start to see who actually caused this.
	You're going to see who was responsible for all of this.
	And that's where we're headed right now.
	And the World Economic Forum, the Central Bank, the puppet masters here of the United States, they are trapped in all of this.
	Listen, everyone, thanks a lot for listening.
	Be well, be safe, and especially be prepared.

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