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Nov. 7, 2022 - X22 Report
17:30
Ep. 2918a - The [DS]/[CB] Fell Right Into The Trap, How Do You Expose The Government Debt?
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*Mario's music*
Hi, and welcome.
You're listening to the X22 Report.
My name is Dave, and this is episode 2918A, and today's date is November 6, 2022, and that's how the episode is.
The deep state central bank fell right into the trap.
How do you expose the government debt?
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Let's get into the economic collapse financial news.
Now, the deep state, the private ones, the central bank, the World Economic Forum, they are following the path of the patriots.
Really think about it and step back for a sec.
How do you destroy their agenda?
How do you expose the debt the central bank has put this country in and the world in?
Well, you need the Fed to raise rates.
You need to have inflation.
You need to force the Fed into saying, we're going to control inflation by raising the rates.
Now, of course, the Fed believes, okay, we're following our own agenda to bring down the economy.
We're following our plan to bring everyone to the Great Reset.
Trump and the Patriots on the other side, what are they doing?
They want the Private Western Central Bank, the World Economic Forum, the Puppet Masters, to do exactly this.
Because how do you expose the debt?
Well, if you raise the interest rates, what happens then?
Can the government afford this debt?
It cannot.
And you can see that the Biden administration, the puppet masters in the basement, which is Obama, the World Economic Forum, they are pushing all of this very, very hard.
And every time they do, it's completely being exposed.
Look what Biden said when he was out in California.
He's letting everyone know that he's going to be shutting down the coal plants across America due to the energy crisis.
Now, he's saying this during the energy crisis.
So the voters in Pennsylvania, North Carolina, West Virginia, Ohio, Michigan, Wisconsin, Colorado, and others, they're going to be shutting down the coal plants in those states, which means there's going to be a lot of jobs that are going to completely disappear.
You think the people are listening to this saying, hey, this is a great plan.
So far, you shut down the Keystone XL pipeline.
That didn't help us.
It made the oil crisis even worse.
Then you went ahead and said, okay, we're gonna use the Strategic Petroleum Reserves.
To bring the oil prices down because everything else that you did, because you implemented more regulations, you reneged on the lease deals, and you took us and you made us no longer energy independent.
You did all of this, and now during this crisis that you created, you're going to shut down the coal plants.
These people are watching this and they're saying, whoa, whoa, hold on here.
What are you going to do?
And I do believe that people are going to react.
Actually, Joe Manchin, he is reacting.
Remember, he's the senator from Virginia.
And he's out there saying, listen, Biden, you need to apologize for promising while on the campaign trail to shut down all coal plants across America.
He slammed Biden for not understanding that we need to have an all-in energy policy that would keep our nation totally energy independent and secure.
See, now people are starting to see this very, very differently.
And they're really starting to see the real agenda of the private what's essential bank, the World Economic Forum.
And the people are saying, whoa, whoa, let's put the brakes on this for a sec.
This is not going to be good for America, especially with all these jobs being lost.
And there are jobs being lost.
Remember, Bank of America, they've already started to predict that we're going to be losing about one hundred and seventy five thousand jobs each month.
This is a complete and utter disaster.
And what do we see?
We see Meta.
They're preparing to notify employees of a large-scale layoff this week.
So they're looking to lay off thousands of people.
Their stock is dropping.
It's a complete and utter disaster.
Look at Wells Fargo.
The mortgage division, they're bracing for layoffs because U.S. loan volumes completely collapse.
Why do they collapse?
Think about what the Federal Reserve is doing right now.
They're raising rates to combat what?
Inflation.
Inflation that they said didn't exist.
Inflation that they said was completely transient.
Now, it's affecting the real estate market, and they're looking to cut jobs in Wells Fargo, and that is not the only company.
Genevieve Roach-Dector on Twitter put this out.
Lyft is looking to lay off 13% of its workers.
Opendoor, 18%.
Stripe, 14%.
Chime, 12%.
Twitter, we already know that.
50% of the people gone.
Morgan Stanley, the percent is unknown right now.
And we're starting to see the effects of their agenda where they're trying to bring us into the Great Reset, the Green New Deal.
You see the economy completely falling apart.
Now, they're trying to keep the illusion alive.
Oh no, we've created all these jobs.
All these jobs, the economy's better, but these jobs weren't created.
The jobs that came back was because the entire economic system was shut down.
So people had to leave those jobs.
They needed to collect unemployment.
And when the economy turned back on, those same people went back to those same jobs.
So he didn't create jobs.
He didn't do anything.
It was the jobs that Trump created before him.
And actually, we lost jobs during COVID. Now, the BLS right now, we know it's completely manipulated.
They changed the calculation going all the way back to 1971.
The same thing with inflation rate and everything like that.
Why did they have to manipulate the calculations moving forward?
Because when you're in a central bank illusionary economy, you can't keep the same calculations.
You need to manipulate it to make the illusion look like everything is fine.
And that's why they've been continually doing this.
And when you look at the BLS report, it seems that it's completely separating itself from the household survey.
We have the establishment survey on one side and the household survey on the other side, and they're not even in sync anymore.
Zero Hedge put this out.
And they said, let's take a look at today's jobs report.
And remember, the Biden administration is out there telling everyone, we have a strong hiring market.
People are working and look at this.
That's why we're not in a recession.
But consider the following.
The closely followed establishment survey came in above expectations of 261,000, above the 195,000 expected and down modestly from last month's upward revives 319,000.
There is only so much the Department of Labor can hide under the rug because when looking at the above mentioned gap between the household and the established survey, Which we have been pounding the table on since the summer.
It just blew out by a whopping 589,000.
The most since June, 608,000.
As a result of the 261,000 increase in the number of non-farm payrolls tracked by the Household Survey.
Offset by a perplexing plunge in the number of people actually employed which tumbled by 328,000.
And this is tracked by the Establishment Survey.
What is even more perplexing is that despite the continued rise in non-farm payrolls, the household survey continues to telegraph growing weakness, and as of October 31st, the gap that opened in March has since grown to a whopping 2.3 million workers, which may or may not exist anywhere besides the spreadsheet model of some BLS political activists.
So, looking at this in another way, there were 158.5 million employed workers in March of 2022 and 158.6 million in October of 2022, an increase of just, what, 150,000?
During a period in which the number of payrolls, which, as a reminder, is the number that the market follows, reportedly increased by 2.5 million.
So how can that be?
Something is wrong.
Once again, you can see manipulation.
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?
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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.
Now, once again, I do believe Trump and the Patriots, what they're doing right now is they are exposing the entire central bank system.
And how do you expose a central bank system?
Well, you need to show the people the truth.
You need to show the people what inflation is.
So before...
We know that they manipulated the inflation rate.
They kept saying it was, you know, 2% or something like that.
But when you go back to 1971, you move forward, you can see that the value of your currency lost about 98% of its value.
So this is not 2%.
Now, just since 2020, People can see inflation.
It's very, very obvious.
Remember that receipt from ShopRite.
Someone bought eggs back in 2020.
It was $1.79.
Someone bought the same carton of eggs in 2022, and it was $7.29.
So you could see the inflation.
It's very, very clear.
So people now understand that their money, their currency isn't going as far right now, and they're seeing the inflation, especially with high fuel costs and everything else.
Now, how do you show that debt is a problem?
Because there's a lot of people out there saying, well, the US government, they can take on as much debt as they want.
It's not going to affect anything, really.
Try that in your household.
Take on as much debt as possible and try to live.
You can't.
Why do you think governments around the world We're lowering their interest rates.
Actually, it was the central banks in these different parts of the world.
They were at zero or negative because countries cannot afford the debt.
Same thing here in America.
The interest rates here were very, very low.
Why?
To keep the interest payments very low on this enormous amount of debt.
So when the rates move up, what does the government have to do now?
They have to come up With the interest payments, which means they need tax dollars.
What happens if there's not enough tax dollars?
If you keep increasing the rate, which the Federal Reserve is doing, what's going to happen?
Well, are people going to notice that the debt is a problem?
Absolutely.
So the U.S. debt servicing costs, they skyrocketed in the third quarter on the $31 trillion worth of federal debt.
And that number is continually growing at a $1.5 trillion per year clip.
So this number will only worsen as we continue to retire cheaper old debt and replace it with the costlier new debt.
If the current 4.5% average yield curve rate propagates to all $31 trillion worth of debt, we're looking at $1.4 trillion per year just in interest payments.
This would be 29% of the 2022 Fiscal year, total federal tax receipt.
So what happens as this continues on?
People are going to start to realize, wait a minute, can we...
Pay this debt?
Can we pay the interest with the tax receipts that are coming in?
Because the Federal Reserve is continually raising the rate at 75 basis point and the cheap debt is being retired and it's being replaced.
This is going to be a complete and utter disaster.
So now people are seeing the inflation.
They're seeing their currency lose value.
They're seeing the debt and they're seeing that the government is struggling right now.
And who's to blame for all of this?
Well, yes, Biden, the puppet masters.
But who else?
The Federal Reserve.
What was their mandate or what is their mandate?
Their mandate is to make sure that the currency doesn't lose value.
Their mandate is to keep everyone employed.
What do we see happening right now?
Well, we see layoffs happening.
Well, are they keeping their mandate?
Are they holding to it?
No, they won't be.
How about the value of the currency?
Nope.
They're not doing that either.
And now everyone's going to see the government struggle.
Remember, over the many, many years, the corrupt politicians, they've been just taking this money, money laundering it.
They didn't care.
They didn't have to pay any of this back.
It wasn't theirs.
It was the people's.
And they just used it.
And what they did was, let's just keep lowering their interest rates.
Let's bring it to negative.
Let's keep going down and down and down.
We don't have to worry about it.
Now, the opposite is happening.
It feels like the central bank, the corrupt politicians, fell right into the trap because who's responsible for spending all this money?
Oh, that's right.
It's all the corrupt politicians.
Yes, on the Republican side and the Democratic side.
And now people can see this very, very clearly.
And as it gets worse and worse and worse, it's going to wake a lot of people up.
You see, they kept this hidden from everyone.
Yes, people might say, oh yes, I know we have a lot of debt, but it's not that big of a deal.
We could pay it off.
It's not really going to hurt us.
It's not going to do anything.
But really, take a look at your own household.
Keep running up the debt and let me know how long you can go on the fixed salary that you're on.
How long can you go before you say, you know something, I can't pay the interest payments anymore.
I can't pay them on my car.
I can't pay them on the credit card.
I can't pay it on the house.
I can't pay it anywhere.
What do you think is going to happen here in the United States?
We have a fixed amount of income coming in, which is the taxes to pay off the loan shark.
And if the interest rates continually rise and they keep moving up and up and up and up, are we going to have enough?
No, especially with the people losing their jobs.
If the people are losing their jobs, where do you get the tax money?
So Trump and the Patriots right now, they're showing everyone What the central bank illusionary economy is.
Is this sustainable?
No, it's not.
Why do you think they want to bring us into the Great Reset the Green New Deal?
Because they know this system doesn't work.
Their next system doesn't work.
It all doesn't work.
Because it's a central bank system.
It's not designed to work.
It's designed for control.
It's designed to keep people enslaved.
It's designed to make sure that people, certain people in this country, a majority of them, don't get ahead.
They want you dependent on them so they can bring you to the next phase, which is complete and utter control.
And that is with a central bank digital currency.
But as people go through all of this, this is going to wake a lot of people up.
And a lot of people are going to sit back and go, well, wait a minute.
Now I see the problem.
I see that this cannot be sustained.
It's completely impossible.
We need to get away from a central bank system.
And if you notice, you're watching PayPal push the policies of the World Economic Forum, the central bank.
You're watching the banks in Canada freeze people's accounts.
People are watching how they're controlling people if they don't like what you're saying.
And now you have this problem with maintaining this debt with the interest payments.
And that comes from the tax money.
You have people losing their jobs.
Fuel costs are going back up.
We're going to have supply chain issues.
People are sitting here going, OK, this is a major, major problem.
We can't we're not going to be able to get through this crisis.
And people are going to start to look at the Federal Reserve.
Other people in other countries are going to look at the ECB, and they're going to be blaming the corrupt politicians and the private Western Central Bank.
It's all coming to a head, and the people can see this very clearly.
They don't have a cover story.
The veil has been lifted, and people can see it all.
And in the end, the people are going to make the final decision.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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