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Oct. 20, 2022 - X22 Report
16:55
Ep. 2904a - The Next Phase Of The Economy Is Coming, The [CB] Will Cease To Exist In The End
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Hi, and welcome.
You're listening to the X22 Report.
My name is Dave, and this is episode 2,9004A, and today's date is October 20th, 2022, and the title of the episode is The Next Phase of the Economy is Coming.
The central bank will cease to exist in the end.
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.
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 will be immediately shipped straight to your doorstep along with few added bonuses.
And don't forget, go to ketowithx22.com.
Let's get into the economic collapse financial news.
Now, the Deep State, the private West Central Bank, the World Economic Forum, their narrative is failing them.
The...
Biden administration, their narrative is failing.
The people are no longer buying what they're selling whatsoever.
Because what they're seeing right now is lie after lie after lie.
And it seems that Trump is letting us know that inflation is a lot worse than the 8.5%, 3% it is.
And we'll be getting to that in just a sec.
But let's start off with the oil.
We know the Biden administration, they're using the Strategic Petroleum Reserve.
And reporters were asking Biden, are you doing this because of the midterms that are coming up very soon?
And we know all of a sudden he released 15 million more barrels of oil.
And it seems that he's using that oil instead of allowing the oil companies to drill.
And I think people now are seeing the truth because when you look at the headlines and you look at what they're saying, it's completely opposite.
Kyle Martinson put this out on Twitter and says the following, Biden just now we have not stopped or slowed oil production.
Meanwhile, and it shows four articles.
And these articles are from all different publications.
You have one article saying federal oil leases slow to a trickle under Biden.
Biden suspends drilling leases in Arctic National Wildlife Refuge.
Biden holds oil gas leases amid legal fight on climate cost.
Biden administration cancels Alaska oil and gas lease sale.
So what they're saying and what's actually really happening, remember, we need to look at their actions.
It's completely two different things.
And I do believe that people now are seeing the truth and everything that comes out of their mouth, people aren't buying anymore.
They're actually looking at this saying, okay, we know that you're causing this.
We know that the Federal Reserve is behind this.
We know that Treasury Secretary is behind all of this.
And this is what they're seeing now.
What's very interesting about this, it seems that if we take this a step further, The banks now are going after certain companies like oil companies to stop them from drilling or companies that are producing some type of item that don't meet the net zero scale here.
And now we're starting to see banks saying that we're not going to fund you.
This is how they destroy everything.
Because if you're not funding that and you're only funding one thing, well, there's a problem.
And now we have 19 attorney generals.
They're investigating big banks' climate extremism that will rob farmers, frackers, and everything else of credit.
So according to a press release from Schmidt's office, the Missouri Attorney General and 18 others, They have served Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells Fargo with civil investigative demands, which set as a subpoena asking for documents relating to the company's involvement with the United Nations Net Zero Banking Alliance.
So basically what the banks are doing right now, they're using this environmental, social, and governance scale, their standard, and this is how they're picking and choosing.
So what is this?
Well, the ECG, which is the Environmental, Social, and Governance, it's an unofficial social credit system that ranks corporations on how well they follow mainstream environmental movements, practice social justice, and support acceptable political endeavors.
This UN alliance requires companies that use these banks to work towards reducing emissions to net zero by 2050.
In other words, those in fossil fuels or without radical climate targets, including farmers and the oil and gas industry, could be banned from getting loans or credit.
And you can see that this is the agenda that they're pursuing because this is all part of the World Economic Forum, the Private Western Central Bank, and the Puppet Masters.
This is what they want to do.
They want to destroy the oil industry and every other industry that doesn't hook into their ESG. And now we have an attorney general with many other states who are fighting all of this.
And I do believe that this is going to be deemed completely unconstitutional.
And I do believe that the attorney general in all these states are going to win.
Because if you really look at it, instead of using race and all that, they're making up this pretend scale to judge everyone where there's no basis behind it.
They're just saying, okay, if you don't meet this number, that number, this number, we can't loan to you.
And it's a made-up thing that they're making up for their climate agenda.
Just like everything else they do.
Six feet apart for the pandemic.
Wear a mask for the pandemic.
Nothing is backed up by facts or why this needs to be this way.
Now, the other thing that we see is the economy is completely falling apart and it's happening faster and faster as time goes on.
And we can see the Biden administration, they're trying to control the fallout here, but it's getting very, very hard to do so because the people are seeing the truth and people are feeling the inflation.
People are now feeling the higher fuel costs because fuel costs now are moving up again.
We know that the Biden administration tried to do a quick quid pro quo with Saudi Arabia to make sure that they didn't cut oil production, but that completely failed.
But we can see that since the Fed has been raising rates, it's really taking a toll on the economy and existing home sales.
They have fallen for the eighth straight month now.
Sales for previously owned homes fell by 1.5% to a seasonally adjusted annual rate of 4.71 million.
That was slightly above the consensus forecast for 6.95 million.
And compared with a year ago, sales now are down a staggering 23.8%.
Sales have not been this low since May of 2020 when the early Wuhan coronavirus lockdown started and people weren't really buying and selling.
So think about it.
The sales of homes, the existing homes, they're down by 23.8%.
And this is all from the Federal Reserve raising the interest rates.
And really think about what they're destroying here.
And remember, this is a controlled demolition by the Federal Reserve, by the Pub of Masters, the World Economic Forum, Trump and the Patriots.
They knew the playbook.
They knew that they were going to do this.
Yes, it's going to be a difficult time.
But remember, this system that we're in is not a true economy.
This is a central bank illusionary economy.
And it has grown so large, so wide, so deep.
How do you bring it down?
You bring it down by allowing them to do what they do best.
Making them think they have the upper hand, they're bringing us into the Great Reset, the Green New Deal, and you allow them to destroy their own system.
This way, the optics look absolutely fantastic.
And what's going to bring down their system?
Yeah, a crash will, but what wakes up people?
What allows people to see very, very clearly what their system is?
Well, that is inflation.
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.
you previously knew were possible.
Now listen closely.
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 keto with x22.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 is the hidden enemy, and that is what is going to bring down the system.
Yes, the system can crash.
Yes, the system can come down.
But how are people going to know that this system does not benefit them?
How are they going to know that this system is actually hurting them?
And how do you show the people...
That your currency, that you're holding, has no value.
Well, that is with inflation.
And what's very interesting, Trump, he truthed this out today.
And he says, and he's pointed to an article from Tip Insights.
And he says, Americans, huge sacrifices as Bidenflation rises to 12.8%.
But President Biden says our economy is strong as hell.
So on one side, you have Biden telling everyone that the economy is strong.
We're not seeing inflation.
Here we have Trump, the truth teller, telling everyone that the inflation is not 8.3%, but it's really around 12.8%.
And I do believe it's going to get a lot worse than that.
So let me just read a part of this article.
And it says, The Consumer Price Index, the CPI, released by the government, shows an 8.2% year-over-year price increase from September 2021 to September 2022.
The official CPI does not tell the whole story of price increases under the resident Biden.
Biden inflation measured by the TIP CPI using the same underlying data stood at 12.8% in September.
It was 12.6% in August and in July it was 12.7% in June.
The official CPI reported by the BLS is 8.2% for September 2022.
Compare this to the TIP CPI of 12.8, a 4.6 point difference.
Prices have increased by 12.8 since Biden took office.
Food prices increased by 15.4% since Biden took office, compared to only 11.2% as per the BLS CPI, a difference of 4.2 points.
Energy prices increased 39.4% per tip CPI compared to 19.8%, according to the BLS CPI, a difference of 19.6 points.
The core CPI is the price index for all items, including food, energy.
The core tip CPI was 10.2% compared to 6.6% BLS CPI in the year-over-year measure, a 3.6% point difference.
More specifically, gasoline prices have increased by 48.4% said Biden took office.
However, the BLS CPI for gasoline is 18.2%, a difference of 30.2 points.
And what are we seeing?
We're seeing that people aren't buying the story from the resident.
Because people are concerned about inflation and there was a little survey here and it says inflation concerns and it says not sure 3%, not very concerned 6%, not at all concerned 2%, somewhat concerned 28%, very concerned about inflation, it's 62%.
So people, they're Recognizing that their currency is losing value over time.
And this is very important because in the end, the people are going to understand that it was the Federal Reserve.
It was their mandate to control this, and they are not.
Then it asked the question, have your earnings kept pace with inflation?
Now, remember, the White House press secretary was out there saying everyone's wages are going up.
Biden is saying the economy's strong.
But look what the people are saying.
The people are not saying that.
So the question is, have you have your earnings kept pace with inflation?
And it says not applicable, not employed 18%.
Yes, kept pace with inflation, 22%.
Not sure is 6%.
No, have not kept pace with inflation, 54%.
So 54% of the people, they are now seeing that the wages that they're receiving, they are not keeping up with the cost of everything of their electric bill, the gas bill, food bill, insurance, you name it.
Fuel for their car, you name it.
It is not keeping up with inflation.
And like we said from the very, very beginning, this is not like 1971, even though the fake news in the beginning, they tried to convince us that, oh, it's just like that.
Your wages are going to go right up and everything's going to be perfect.
Well, we know at the end of the private Western Central Bank system, it's not like that.
Because remember, we came off the gold center.
It was very little amount of debt back then.
And yes, everything had to adjust because the value of the currency lost so much value during that period of time that wages and everything else had to adjust.
But today, it's a little different.
Today, we've been on this fiat system for a very long time.
And what we're seeing right now is that we're in a lot of debt.
And we're starting to see a lot of currency in circulation.
See, back in 1971, everything was just adjusted because we came off the gold standard.
We'd been off the gold standard, and now we're seeing real inflation.
And they're not going to adjust wages.
Yes, we know that Social Security and the government, they can pump up your wages, but that's not how they're going to keep up with inflation because the private sector is not going to do this because when inflation hits, people spend less and less and less.
And the companies, well, their products are exactly the same.
It's the cost of creating them that is going up.
So they have to spend more money now for the raw materials or whatever, the shipping and everything else, especially with fuel prices.
So it's costing them more, and that's why they need to raise prices, which means they're not making any more money.
They're just adjusting to what's happening out there, which means they don't have enough to pay people more money.
So the wages aren't going to be going up.
And this is where we're seeing the problem right now.
But I do believe all of this is happening on purpose because number one, you need to show the people that inflation is part of the private West Central Bank system and inflation devalues your currency.
And when your currency is devalued, you can't survive.
You can't make ends meet.
And as people see this and people learn this and people understand that it's inflation, it's part of the private West Central Bank system.
This allows the people to see the truth.
And if you have the people see the truth, they can go after the Federal Reserve.
They can go after all these people that have been pushing this.
Remember, we've been living in their illusionary economy for a very long time.
Now people are seeing the truth of the matter.
Just like in Weimar, Germany, all of a sudden, inflation took off and there was hyperinflation.
People went to the coffee shop and they had a wheelbarrow of cash.
Because that's how much coffee cost.
And all of a sudden, the entire system just collapsed.
So what I do believe Trump and the Patriots are doing right now, they're showing everyone the truth.
And as we move forward...
What's going to happen is the people are going to push back and I think we're already starting to see that where people are starting to call them out and we see from the polls and the surveys that have been taken that yes the people now are on board with Trump and since the people are on board with Trump with the economy this can be used against them.
And this can be used to bring us into a new system where the people are controlling this.
And I do believe we're heading in that way.
And as this happens and the entire system starts to fall apart, because remember, the central banks, they won't be able to stop it because they're bringing it down as a controlled demolition.
I do believe Trump and the Patriots, they want them to do this.
They're going to destroy their own system as the people are waking up and they know that the system that we were in doesn't work for them.
This is when the problem's gonna happen with the central bank because the people are gonna push back.
The patriots that are in Congress are gonna push back.
And in the end, the central bank in this country and I think around the world, it's going to cease to exist because they won't be able to explain this because we're already in your system.
You couldn't do anything about it.
And I do believe this is gonna be game over for them.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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