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Nov. 2, 2022 - X22 Report
16:24
Ep. 2915a - The [CB] Is Using The Same Economic Playbook, Biden Admin Caught In A Lie
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Welcome
Hi, and welcome.
You're listening to the X22 Report.
My name is Dave in this episode, 2915 AM. Today's date is November 2nd, 2022.
And the title of the episode is the central bank is using the same economic playbook.
Biden admin caught in a lie.
Let's talk about protecting your wealth.
Things are getting tough out there.
Inflation's at 8.2% and it's just getting worse.
And we know that's the manipulating number.
And we're not all great with money, are we?
At times like these, we need a trusted partner to look after you and make sure you'll be okay.
Noble Gold is the team you want on your side.
Keep your money safe and grab an incredible free three-ounce Silver American Virtue Coin when you open qualifying IRA account with them this month of over $20,000.
You can't go wrong with Noble Gold.
Call them at 877-646-5347 to find out more information.
That is 877-646-5347.
Or go to noblegoldinvestments.com or click the link in the description.
As always, there is always a risk of loss and past performance is not indicative of future results.
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, you can see their agenda before the midterms, and you're going to see their agenda after the midterms.
Before the midterms, and I'm not talking going all the way back to the beginning of this year, because you could see their agenda.
As we approach the midterms, they started to change their agenda.
They started to slow things up.
They tried to convince the people that, hey, we're fighting all these things, high fuel prices.
We're fighting inflation.
We're We're going to work out an agreement with the railroad workers.
We're going to do all of these things.
But again, this is an illusion.
Created by the Private West Central Bankers, the World Economic Forum, and yes, the Puppet Masters.
Because we're approaching the midterms right now, and you can see that right after the midterms, they're not going to really care about what happens.
And the Fed, right before the midterm election, just raised the rates to 75 basis points.
This is the highest since, what, 2008 right now?
What happens when the Federal Reserve continually raises the rates?
Well, we've seen it in the past.
It brings down the system.
And with raising it so quickly, it means they're in a rush to bring down the system very, very quickly.
And I believe right after the midterms, we're going to go back to their agenda.
And as they go back to their agenda, everyone is going to see what is happening.
And remember, just yesterday, Trump let us know that there are two catastrophes headed our way.
And I do believe this is all part of the plan because Trump and the patriots, they know the economic playbook, the Federal Reserve, the other central banks, the puppet masters, they're following the same economic playbook that they used in past recessions.
It's the same right now, but they're pushing it really hard.
And we're going to see an incredible amount of problems in the economy.
And I do believe Trump and the patriots, they knew that they were going to follow this playbook.
They knew they were going to create this crisis.
They knew all of this.
And think about it.
The Republicans, they're going to be taking over the House and the Senate.
And every proposal they probably will make will probably stop by Biden.
And the blame will be on Biden in the end.
Now, once again, we're going to see the economy rapidly decline before the Republicans even get inaugurated.
And everyone's going to see the truth here.
And this is going to be very, very interesting because we could see problems all over the place.
But I do believe all of this is happening.
And Trump and the Patriots They want the central bank, they want the puppet masters to follow this path because let them take down the entire system.
Let them go ahead and do this.
The optics then are on them and everything the Fed has done up to this point, it is not working, especially once the midterms are over.
Now, we do have problems in the economy.
Remember the baby formula shortage?
Well, that hasn't been resolved.
The Biden administration officials, they're still grappling with the baby form of supply challenges across the country.
And this has been quite a while, something like eight months.
Stores remain unevenly stocked as the amount of formula on the market overall has rebounded.
The officials in charge of the response blame hoarding, supply chain bottlenecks, and manufacturers making fewer varieties.
Now, it's funny how the Biden administration, they blame everyone else for what they are doing.
And this is classic of them.
They always like to blame everyone else for their agenda.
And remember, it's the puppet master of the World Economic Forum, the private Western Central Bank.
Now, the other thing that's very interesting is the Biden administration...
They keep telling us that the economy is great.
They keep telling us we're not in a recession.
Well, the people on the street, the people on the street that have small businesses, the people that are going to work every day, the people that are paying for everything every single day, they realize there's something wrong in the economy.
And when you look at small businesses, and Chelten Sledgefield put this out on Twitter, it says nearly 40% of small businesses in the U.S. failed to pay rent in October.
The survey of about 4,789 randomly selected small business owners, so more than half of respondents say their rent is at least 10% higher than six months ago.
And people are now seeing this.
Yes, rent is going up.
We can see homeowners insurance is going up.
We're going to start to see auto insurance start to move up.
All of this is because of inflation.
And remember, everything has been put in pause because of the midterms.
And they're trying to make it look like they're doing something to help.
You know, all the issues that they created, now they're turning around going, yeah, see all those problems that we created?
We're now going to fix those problems.
They're not.
They just put everything on pause and they're gaslighting everyone, making everyone think, yeah, look at this.
Gas was high, now it's really low.
Inflation's not moving up, it's just staying steady.
But they caused all these problems.
And remember, the Biden administration, they've been using the strategic petroleum reserves to keep the fuel prices where they are right now.
And yes, they are still up from when...
Trump was in the White House.
They were like $2.30 on average back then.
Now they're like $3.40, $3.50, $3.60, depending on where you get your fuel and what state you live in and how many taxes there are.
But he's continually using the strategic petroleum reserve.
Bullion, Bitcoin, BS on Telegram put this out.
Biden drains the strategic midterm reserves below 400 million barrels for the first time since May 1984.
All for nothing.
Including 1.9 million SPR drain, total crude inventory dropped to 5 million.
SPR drain finally over in a few weeks.
So this is what he's been doing to keep everything steady.
Now, he's trying to convince everyone that he has inflation under control and he is allowing Social Security to get a big boost so people get more money.
But this has nothing to do with his administration and the White House.
They bragged about, let's talk about protecting your wealth.
Things are getting tough out there.
Inflation's at 8.2%, and it's just getting worse.
And we know that's the manipulating number.
And we're not all great with money, are we?
At times like these, we need a trusted partner to look after you and make sure you'll be okay.
Noble Gold is the team you want on your side.
Keep your money safe and grab an incredible free 3-ounce Silver American Virtue Coin when you open qualifying IRA account with them this month of over $20,000.
You can't go wrong with Noble Gold.
Call them at 877-646-5347 to find out more information.
That is 877-646-5347.
Or go to noblegoldinvestments.com or click the link in the description.
As always, there is always a risk of loss, and past performance is not indicative of future results.
A bump in Social Security checks, but it was quickly taken down because information started to come out, and it showed that he had nothing to do with this.
If you go back in time, there was a law that was passed by Richard Nixon.
It was signed into law and it was in 1972 and that granted automatic benefit adjustment based on the consumer price index.
So Social Security will automatically move up.
You will get more because it's cost of living if inflation moves up.
They put this out there saying that, and I think he tried to make it look like they were doing this.
Hey, look, we gave you a boost in Social Security, but really what this tells you is that inflation increased quite a bit and Social Security had to adjust for cost of living.
Well, they don't want that out there because that shows inflation went up quite a bit.
So they took it down.
And this is automatic.
So this has nothing to do with them.
But we could see that right after the midterms, and I do believe this is why the private Western Central Bank increased the interest rate up to 75 basis point.
Because they know this will not take effect until a couple of months after the midterms.
So when you raise rates at 75 basis points in the beginning of this year, in the middle of this year, right before the midterms, things are starting to hit a point where the economy is going to start to turn around and we're already seeing it.
Now, this is why Biden was out there saying, well, if the Republicans win the Senate and the House, the economy is going to crash.
They already know it's going to crash.
We already know it's going to crash.
Because when the Fed raises their rates like this, it hits a tipping point, and all of a sudden, the entire economic system completely falls apart.
And that is where we're at right now.
It's almost like when Biden went to Saudi Arabia and said, listen, don't cut the oil production this early.
Wait until like a day before the midterms.
Then you can cut the oil production.
Because...
He wanted the optics for the midterms.
If you cut it right before the midterms, nobody sees it until, what, a month or a couple weeks after the midterms?
This is why he's telling them to do that.
This is why the Fed is out there raising the rates right before the midterms, because you're not going to see the effect of this until maybe two, three, four months later.
And this is why Biden came out and said this.
But what's very interesting about this is the mainstream is now increasingly accepting the possibility that the Fed will blow up the economy.
And remember, it's the same playbook that the Fed has been using for a very long time.
And when you go back in time, like to the 70s, from 1972 to 1980, the US witnessed a stagflationary avalanche that resulted in the Fed eventually raising interest rates to 20%.
This is when we came off the gold standard.
Remember, they said there were speculators in the market.
Actually, what they were really doing, they were creating a lot of currency because of the war.
And other countries started to catch on and said, we want our gold back.
And they couldn't allow this to happen.
And remember, they were planning on taking us off the gold standard because we had Henry Kissinger in the Middle East setting up shop and setting up the petrodollar system.
And they were shifting us from one economic system to another economic system.
So during this time in 1972 to 1980, they had to raise the rates to 20%.
This led to the recession of 1981 and 1982, and an unemployment rate of about 11%.
The effects of the recession persisted through the rest of the decade.
At that time, the stagflation crisis was triggered primarily by the complete removal of the US dollar from the gold standard by Nixon and the Fed.
The Fed claimed that the move was designed to stop inflation.
Did it really stop inflation?
Which makes a little sense given that removing all commodity back into the dollar resulted in historic stagnationary crisis only a few years later.
It's important to note that in the 80s the country has not just witnessed tens of trillions of dollars in fiat stimulus created by the central bank on top of doubling the national debt in the span of eight years.
The economic conditions today are much worse than they were back then.
In another event in which the Fed raised interest rates aggressively into the economic weakness was in the early years of the Great Depression, which Milton Friedman argued was the actual cause of the long-term crisis.
And in 2002, Ben Burnackery agreed with him.
The point is, the Fed has done all of this before, and it has no reluctance about engineering a recession or even a depression in the face of inflation.
The greater the threat, though, is that none of these maneuvers will actually create stability.
Rather, They may only lead to greater instability given the unprecedented factors involved.
The media either doesn't understand or doesn't want to talk about the Fed's culpability for the existing crisis.
They stay away from it for a very long time because I do believe they were instructed to stay away from it.
Nobody talks about the Fed.
No one says anything bad about the Fed.
Remember when Trump was out there talking about the Fed?
The fake criminal politicians were out there saying, you don't talk about the Fed.
And Trump, he was calling out the Fed over and over and over.
They're using the same exact playbook, but this time it's a little different.
This time we're at the end of their system.
This time, the people are awake.
This time, the people are watching this very carefully and closely, and they are not distracted by a war.
They're not distracted by a pandemic.
They're not distracted with the global economic system shut down.
And as people go through this turmoil, Because the Fed is creating this.
The puppet masters are creating this.
The people are going to want to know who's responsible for all this.
Well, with the Fed raising the rates, did they bring down inflation?
No.
So the people are going to say, listen, here are your mandates.
Keep everyone employed.
Everyone's getting laid off.
And you're supposed to control inflation.
You're not doing it.
Now the economy is crashing.
Who is responsible for that?
The Fed.
Then they're going to look at the Biden administration, the puppet masters.
You said there was no inflation in the very beginning.
Then you said it was going to go up and come right back down.
You told us you had the fuel cost all stabilized.
And now we see something completely different.
You see, the people, they're going to see this very, very clearly.
And they're going to want accountability.
I do believe Trump and the patriots, they're going to be using this crisis, everything against them, especially when people are having a very difficult time surviving.
I mean, think about the Depression.
People couldn't find work.
People couldn't find food.
People had to wait online just to get soup.
People opened up their homes so they can bring other people in and have them pay a little bit of money to help with their mortgage.
We might see something like this again.
We might see all of that once again.
And when people see this and people realize that they cause this, the people are going to become very angry.
And I do believe this push is going to push the central bank out.
This push is This crisis is going to create the push to push the central bank out.
And I do believe everything is going to be blamed on the Biden administration, the puppet masters, the central banks around the world.
And the people are going to be very angry.
And the people are not going to go along with what they're saying.
They're going to go along with a truth teller, a person who brings the economy back up.
And I do believe that's going to be Trump.
I do believe that he's going to be stepping in and he's going to shift us away from this crisis.
He did it before and he played in a private Western Central Bank illusionary economy.
This time, I do believe he's going to be doing it, but it's going to be outside of the central bank system.
And the economy is going to come back very, very quickly.
And the people are going to be shocked and surprised.
And they're going to see what Trump can do compared to what Biden has been doing and the Fed has been doing.
It's going to be two different worlds and the people are going to see the truth.
They're going to see and understand what a central bank really does to an economy and what it really does to a people.
And this is going to be a game changer.
Listen, everyone, thanks a lot for listening.
Be well, be safe and especially be prepared.
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