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Oct. 12, 2022 - X22 Report
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Ep. 2897a - Biden/[CB] Fuel Plan Confirmed, New Economic World Is Emerging
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Welcome
Hi, and welcome.
You're listening to the X22 Report.
My name is Dave, and this is episode 2897A, and today's date is October 12, 2022, and the title of the episode is, Biden's Central Bank Fuel Plan Confirmed, New Economic World is Emerging.
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Let's get into the economic collapse financial news.
Now, the Deep State, the Private Western Central Bank, the World Economic Forum, the corrupt leaders around the world, every move they make to try to bring us into the Great Reset, the Green New Deal, is completely falling apart.
And the people, they're seeing very, very clearly who is accountable and who is causing these problems.
Nobody is buying that Putin is causing the problems, that the problems are originating from Ukraine.
Everyone can see that That the criminal leadership around the world, including the World Economic Forum, the private West Central Bank, they're pushing a certain agenda.
Yes, the Ukraine story is the cover story for their agenda, and everyone can see the truth.
If you look out in Europe, what do we see?
We see the country has an energy crisis.
Why does it have an energy crisis?
Is it because of Putin?
Or is it because of everything that the European Union has done?
The criminal leaders in these different countries.
Is it because what they have done here?
It's everything that they have done because they're trying to bring us into the Great Reset, the Green New Deal.
Their push is to push us into a world where there's windmills and solar panels.
You can't travel.
You're stuck in one place.
Some days you have electric, some days you don't.
And that's what they want.
So they're using everything that's happening with Putin and Ukraine as their cover story to pretend that's the reason all this is happening.
Remember, this is what these people do.
And Putin is calling them out on this.
He said the country is ready to supply its energy to the bloc's member states, including this fall and winter.
And he said that it's not Russia to blame, it's the EU authorities.
He says, What does this have to do with Russia?
They are constantly trying to blame their own mistakes on someone else.
And in this case, Russia.
It's their own fault, and I don't want to stress that.
He noted that the energy crisis does not stem from the after effects of Russia's military operation in Ukraine, but is the result of an erroneous policy in the field of energy for a number of previous years.
For instance, he criticized a spot pricing mechanism, which is used in the EU.
According to Putin, the bloc may lose up to 300 billion euro on spot pricing this year alone, or about 2% of the eurozone's GDP, which could have been avoided if Brussels chose long-term oil-linked contracts for gas imports instead.
And Putin is saying, listen, you need the gas?
We got the gas.
It's a lot cheaper than importing it from the United States and many other places.
So let's do it.
But this is not what they want to do.
They want to bring us into the Green New Deal and the Great Reset.
And they're famous for blaming everyone else.
Just look at the Biden administration.
Just look at all the other leaders when everything starts to go wrong, and especially governors and mayors in states.
They always like to blame someone else.
They never take responsibility.
And I think everyone's starting to see this and everyone's starting to realize what's really going on here.
Now, the other thing that is now being confirmed and everything that we've been talking about The Biden administration, the puppet masters, the World Economic Forum, the private central bank, their entire agenda was to keep the oil prices down until the midterms.
And after the midterms, they couldn't give a crap.
And now we come to find out this is exactly what they were planning to do.
The Biden administration officials urged Saudi Arabia to delay production cuts until a few days before the midterms election, meaning that Americans would not have felt the impact of reduced supplies before casting their ballots.
And Saudi Arabia viewed the appeal as a cynical attempt to avoid fallout prior to the November elections and refused to do so.
So basically what they wanted to do is they wanted Saudi Arabia to wait For the oil cuts.
Wait until right before the midterms.
And then afterwards, we don't give a crap.
We don't care if people are paying $8, $9, $10, $11 a gallon.
We don't care after this.
And we've said this from day one.
This was their entire plan from the very beginning.
And now it is confirmed and everyone is seeing they're going to go right back to their plan, right back to their playbook to bring us into the Great Reset, the Green New Deal.
But this is going to fail because Biden is going to be trapped in everything that he's doing.
And I'm also talking about Obama in the basement, the puppet masters, the World Economic Forum, the private central bank.
They're all going to be trapped in this because now once fuel prices start to move up to eight, nine, 10, 11, 12 dollars a gallon, inflation is completely out of control.
Because remember, they don't want to control any of this.
This is all part of their plan.
And Trump and the Patriots, they know this.
They know that they're just going to let things go because it's a controlled demolition of this system.
And Trump, he wants the spotlight and everything else on them.
This is their responsibility.
They own this.
And the people now are watching this very, very clearly because once the fuel prices start to really skyrocket and he can't use the strategic petroleum reserves anymore because he really doesn't care and actually he'll eventually run out of it, which is a national security problem.
But once people see this, they're going to see that they really don't care.
This is part of their agenda and this is why it's going to backfire on all of them.
Just like the Green New Deal is completely backfiring on them.
When you really look at what's happening here, everything that they've told us, everything that they tried to do is completely fake, phony, and false.
And just like with the pandemic where they fake the numbers, they fake the numbers which had to do with ClimateGate.
Everything that they told us, it was a manipulation of statistical numbers.
All their predictions, they didn't work out.
None of them came true.
Everything that they tried to push is completely fake, phony, and false, and the people aren't going along with this.
And there's numerous polls showing that no one is buying what they're selling.
And we can see that the financial institutions that are pushing this woke agenda, pushing the agenda of the World Economic Forum, the private Western Central Bank, that is now falling apart.
Remember, They tried to play their hand.
PayPal came out and they said, hey, if you're putting out misinformation, we're going to fine you $2,500.
Well, first of all, who decides what's misinformation and what's the truth?
And we use this example many, many times before.
We use the example of Hunter Biden's laptop.
They would have fined people $2,500.
Hey, how about the pandemic where the death jab or the vaccine happened?
It doesn't stop transmission.
Well, that turns out to be true.
So they would have fined everyone $2,500.
Because remember, in the beginning, we had Biden, Fauci, and the rest out there, and the fake news, big tech, all saying, no, this will stop transmission.
But it really doesn't.
Actually, Pfizer admitted to it.
So they would have fined every single person $2,500.
And you know what tells you what's real information and what's fake information?
It's called facts.
It's called documented facts and actually showing who the sources are.
And the problem with PayPal and the big tech and fake news and the corrupt politicians, the deep state players, they can never back up anything that they're saying with facts.
Remember, when the intelligence operatives, they come out and say, oh, by the way, we have confirmed that Hunter Biden's laptop is Russian disinformation.
They need to show the facts.
We shouldn't just take their word for it.
They need to show document proof that this is exactly Russian disinformation and it's not Hunter Biden's laptop.
Because now we can see that it's completely falling apart.
And what do we see now?
Well, the Consumer Financial Protection.
This bureau has opened an investigation into PayPal.
Chief Nerd on Telegram put this out.
He says, I do believe that every single financial institution, it's not up to them.
To decide what's misinformation and what's the truth.
Their job is to hold people's money.
That's it.
Just like the electric companies.
Can you imagine if the electric company and the gas company all of a sudden said, oh, wait a minute, I heard you were putting on misinformation.
I'm shutting down your electric.
Are they allowed to do that?
No, they're utilities.
Can you imagine if they were allowed to do that?
How many people would be sitting in the dark?
How many people wouldn't have heat or air conditioning?
The same thing goes with financial institutions.
They don't have any right to decide who's telling the truth and who is not.
The people decide that their job is just to hold money.
Period.
The end.
That's it.
Unless there's a criminal act and something else is happening.
Otherwise, if you're a law-abiding citizen, they have no say in anything.
And if they want to have a say, we'll just create different systems and they will go bankrupt.
Let's talk about our health.
Did you know a large number of the population is diet resistant?
No matter how hard some of us try, we can't seem to lose weight.
This only gets worse after the ages of 35 to 50.
It's after this period where any expert will agree our metabolism really begins to decline.
In the next 30 seconds, you're going to learn how to help boost your metabolism and help reach your weight loss goals quicker than you previously knew were possible.
Now listen closely.
The secret is in the amazing Keto Powder.
It is designed to ignite your weight loss journey with two key factors by supporting a boost of metabolism and elevated ketone levels.
The fact of the matter is you want a boost of metabolism and high ketone levels because it helps reduce your body's fat storage.
This amazing new powder delivers both in a quick acting solution.
Try it today risk-free for 60 days and for up to 51% off by clicking the link in the description box below.
or go to KetoWithX22.com After placing your order, it'll be immediately shipped straight to your doorstep along with few added bonuses.
And don't forget, go to ketowithx22.com.
That's what's happening right now.
But the other thing that's very interesting is we can see the White House press secretary, Corrine Jean-Pierre.
She's trying to gaslight everyone, trying to convince us that real disposable income is up and gas prices are down.
Well, like we've always said before, the gas prices started out at two dollars.
Now they're three and change.
Yes, they've come down from four or five dollars, but get rid of that.
It went from two dollars to three fifty and now they're starting to move up again.
So gas prices didn't come down.
They came down from Biden's high.
So that doesn't make any sense.
And inflation and real disposable income, well, that is down.
I mean, look what's happening right now.
U.S. wholesale prices rise 0.4% in September, the PPI shows us.
Double Wall Street's forecast.
Little sign of easing inflation pressures increase in the producer price index over past year dips to 8.5% from 8.7%.
Core PPI also up 0.4% in the month and 5.6% in the past year.
So let's talk about what the White House press secretary is saying.
She's saying that people have more real disposable income.
Well, let's use an example.
Let's go out to New York.
Let's take someone making $70,000 per year.
And let's see if these individuals have more money or a lot less money.
To spend.
So an annual $70,000 salary is equivalent to $33.65 per hour in New York.
The tax by New York is roughly 25% total.
So the earner is already down to $52,500 per year or $25.24 per hour.
With inflation hovering around 8.3% year over year through August, the resident has real wages of approximately $48,150 per year or $23.14 per hour.
Between taxes and inflation in August of 2022, fully 32%, about one-third of wage earners take home is gone before they spent a dime.
So think about it.
After taxes, from $70,000 to $52,500, then at inflation, it drops another, what, $4,500?
So how are people having extra money to spend?
They are not.
And people see this.
They can talk all they want.
They can spout out statistics.
But every day when you go to the market and you say, okay, last week I spent $120 on groceries, and this week I spent $140 on groceries.
I can tell that I am now spending more and my take-home pay is less.
Then add in fuel costs and then add in all the other costs that are going up, like homeowners insurance or renters insurance, car insurance, you name it.
The credit card bills because the interest rates are going up.
Yes, people can see this, which means that people have less disposable income.
So what she's saying is, once again, fake, voting, and false.
Now, very interestingly, we could see That Janet Yellen, she is out there, and she's letting everyone know that the U.S. economy is doing very well.
Well, remember, she was head of the Fed, and remember Bernanke going back in time?
We'll be discussing that in just a sec, but let's just go to Biden right now, because Jake Tapper was interviewing Biden, and he said, and this is coming from Jake Tapper, should the American people prepare for a recession?
Biden said...
No.
Look, they say this every six months.
It hasn't happened yet.
I don't think there will be a recession.
If it is, it'll be very slight.
Well, we know there's been two negative quarters of GDP, which means we're in a recession.
And we'll be discussing that in just a sec.
But first, let's go back to Bernanke, because remember what Janet Yeltsin, she said that the economy is doing well.
Biden is saying that we're not going to be entering a recession.
Well, if we go back in time, the Federal Reserve Chairman, Ben Bernanke, He said back in January 17, 2008, that they are not forecasting a recession whatsoever.
And the same year, in October, everything crashed.
There was a recession.
So why would Biden be saying that, hey, they've been saying this for six months, there is no recession whatsoever?
Well, first of all, who decides that there's a recession?
It's the National Bureau of Economic Research.
It's a group of economists whose business cycle dating committee defines a recession as a significant decline in economic activity that is spread across the economy and lasts more than a few months.
When does the NBER decide that we're in a recession?
Do they do it right after two negative quarters of GDP? Do they do it the next month or the month after that?
No.
Sometimes it takes up to a year.
So the NBER typically doesn't declare a recession until well after one has begun, sometimes for up to a year.
So really think about that.
We're in a recession right now.
We have two quarters of GDP. When there's a third quarter of GDP, yes, we're in a recession.
But the NBER, they will go back in time and say, okay, let me just tell you, and it could be a year later, which they normally do.
They say, oh, by the way, it started back in August.
It started back in July of 2022.
That's what they're going to do.
And this is why he's saying nobody has said we're in a recession.
The National Bureau of Economic Research, they never said we're in a recession.
And that's why he's saying, no, we're not going to be in a recession.
And he's putting it off because he knows that this agency will not officially say we're in a recession until much later.
Remember, it's a game that they play.
This is how it's done.
But what happens when the market comes down?
What?
Just like in 2008.
I mean, we were in a recession way before October when the market came down in 2008.
We were in a recession many months before this, but no one said we were.
Actually, the Fed came out and said, we're not forecasting.
They already knew we were in a recession.
They already knew there were problems.
Just like we know now, there's problems in the economy.
We could see it all over the place.
But it's the game they play.
But what happens when the market comes down?
Well, that's going to be a huge problem for the Biden administration.
And let's watch that very, very carefully.
Now, the other thing that's very interesting is we can see as the recession that we're in right now is getting worse and worse and worse because by the time the NBER says we're in a recession, we're going to be in a depression.
Bank of America and other financial institutions, they're coming out with warnings saying that the U.S. economy could lose 175,000 jobs a month.
Think about that for a second.
175,000 jobs a month?
I mean, if this goes over a year, that's like 1.4 million approximately around that.
That's a lot of jobs.
Now think of the Federal Reserve.
Think of their mandate.
Control inflation and make sure everyone is employed, which means make sure the value of your currency doesn't go down and make sure everyone has a job.
When the crisis hits, Is the Fed adhering to their mandate?
Or are we going to see a lot of people unemployed?
Or are we going to see inflation like we've never seen before, which means the value of the currency is declining?
And what we've been seeing, because the financial institutions, big corporations, they know what's happening.
Remember, look at their actions, forget about what they're saying.
They know exactly what's happening.
Why do you think the financial institutions are allowing people to transition into Bitcoin?
Why do you think Visa is getting together with Bitcoin, allowing people to purchase items with Bitcoin?
Why do you think Google, you know, the world's largest internet company, why did they just partner with Bitcoin and a crypto company?
Why do you think they're doing this?
Remember, look at their actions, forget about what they say, because they know the system's coming down.
They know at this point that the central bank digital currency...
It's not going to happen.
Yes, they're going to push it.
Yes, they're going to try as hard as they possibly can.
But they're looking to hedge their bets and they're looking for an insurance policy.
Just like everyday people.
What's your insurance policy?
Against inflation.
Against a currency that's crashing.
It's gold, silver, and Bitcoin.
It's out of the Federal Reserve system.
It's out of the World Economic Forum system.
It's out of the entire Rothschild system.
And companies are saying, okay, let's make sure that we have another path just in case.
There's a reason why they're doing this because they know a new system is being born and they can see the writing on the wall.
And I do believe a lot of people are starting to wake up to this and people are starting to realize, whoa, I see what's happening right now.
Because no one is believing the Biden administration.
No one is believing the fake news.
People are experiencing an economy that is completely falling apart.
And no matter how much they explain it or give them statistics or say we're not, the people, they feel it.
They understand it.
They live it every single day.
And nothing anyone can say can convince them otherwise.
Because when you see your disposable income completely dry up and you're dependent on credit cards and the interest rates on credit cards are continually going up, people see the absolute truth of the matter and they see the true economy.
And I do believe Trump and the Patriots, they're going to be using this crisis to their advantage, to bring us into a people's economy.
And I do believe this economy is going to really recover very, very quickly because once you remove the central bank, yes, it's going to look awful.
Yes, some people are going to have a very difficult time.
But I do believe that once everything is in place and you get rid of the private central bank and you take back control, the economy can spring back very, very quickly.
And I do believe Trump and the Patriots, they have plans to allow the system to come back.
And I do believe the Patriots, they're prepared and ready for all of this.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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