All Episodes
Nov. 8, 2022 - X22 Report
17:06
Ep. 2919a - The Fed Is Preparing The Excuses When The Economy Collapses
| Copy link to current segment

Time Text
The End
Hi, and welcome.
You're listening to the X22 Report.
My name is Dave in this episode, 2,919 a.m.
Today's date is November 7th, 2022.
And this out of the episode is the Fed is preparing the excuses when the economy collapses.
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.
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, they were trapped by the patriots.
Really think about this going back to the very beginning.
We always knew they wanted to bring us into this Green New Deal, the Great Reset.
Way, way back it was called a conspiracy.
But when the pandemic hit, all of a sudden that conspiracy became reality because we had Klaus Schwab, King Charles, he wasn't the king back then, they all announced that this is the perfect time for the Great Reset.
And they thought they had it.
They thought they were in control.
And I do believe Trump and the Patriots, they set everything in motion.
Remember they never expected Clinton to lose.
They never expected Trump to be in the White House for four years.
They never expected him to reverse a lot of the things that they set up.
They are way behind schedule.
And I do believe the Patriots, they made them, and I'm talking about the deep state players, the World Economic Forum, the private West Central Bank, they made them feel like they were in control when they cheated in the election and they removed Trump from the White House and the resident was placed in there.
But I do believe Trump and the Patriots, this was their plan.
To make them feel secure in everything that they're doing.
And they thought they had the upper hand.
They still do.
And they are pushing their agenda like we've never seen before.
And as you push something at this speed, the people can see it very, very clearly.
Now think about it.
This entire time, going way, way back, they took their time.
They were very methodical.
They took their time.
They had their narrative.
And over a period of time, it was very, very hard to see.
But now, since they have accelerated their plan, it's very, very easy to see.
And as they continue to do more, what are the people going to do?
They're going to reject the plan.
And that's the whole purpose of all this.
Allowing the people to see their true agenda.
Allowing the people to say, no, this is something we don't want.
Look what's happening with the UN Secretary General.
He claims we're on the highway to climate hell.
With our foot still on the accelerator.
He also called for international solidarity as world leaders are urged to take faster, bolder climate action at COP27 in Egypt.
Now, people can see this very clearly.
Everything that they're doing right now, well, the veil has been lifted and people can see the true agenda.
Look at this survey from Germany.
Now, this survey was by Insapoling Institute in Germany.
50% believe the government's actions to address the energy crisis will not help them financially survive the winter.
31% cannot afford to buy Christmas presents.
28% worry about not being able to pay their energy bills.
The people aren't buying what they're selling.
They know that these people are responsible for what is happening.
This is not naturally occurring.
The energy crisis just didn't happen.
They created all these events.
And the people, they're watching this all play out and they're watching their leaders do absolutely nothing about it.
Actually, what they're doing, they're doing the opposite.
They are continually pushing the agenda to make it a lot worse.
You could see that very, very clearly in all these countries, especially here in the United States.
And look, since the D's went ahead and pushed Biden's American Rescue Plan, they signed it into law, and this was what, back in February of 2021?
Back then, the Fed rate was, what, 1.4%?
Since the signing, the rate has gone to 8.2%.
Now, remember, this is before the midterms.
So we were at 9.1%.
It came down to 8.2% because they needed everything to look good during the midterms.
They needed the fuel prices to come down a little bit.
They needed the rates to come down a little bit to make it look like, oh, look, we're doing something.
But they caused all of this, and they brought us to this point.
Actually, if you subtract...
The highs, and you just say, okay, with fuel, we went from $2.20 a gallon to $3.40 a gallon.
Well, have they done anything to help it, or does that look pretty darn bad?
It looks pretty darn bad.
We went from 1.4% to 8.2%.
How does that look now?
It looks pretty darn bad.
You see, what they're doing is they're just pushing an illusion.
I think everyone understands that, and the people realize that they're really not helping the situation.
They're hurting the situation, especially when you have Biden out there letting everyone know that there's going to be no more drilling.
There's going to be no more drilling and I haven't formed any new drilling.
So we're in an energy crisis.
Fuel prices are moving up.
He wants to shut down the coal plants and now he's saying he's not doing any more drilling.
So he caused the problem.
And he's not doing anything to help it.
We know it's not him.
He's just the front man.
We know the puppet masters, the World Economic Forum, the private central bank.
They're the ones who are causing this problem.
And the people see this very, very clearly.
And how are they keeping everything status quo?
Well, they're draining the US strategic petroleum reserves and they're continually draining this.
Actually, this is the 60th consecutive week to its lowest level near in nearly 40 years.
This year's 33% decline is the largest on record.
This is how they're holding everything steady.
And remember, this is about exposing their entire plan, exposing their agenda, and showing the people who the responsible party is.
And people are looking at the Fed, the people are looking at the criminal syndicate, the people are looking at the World Economic Forum, and they can see this very, very clearly.
They understand their agenda.
And there's no escaping this.
And yes, they want to bring us into the central bank digital currency as part of the Great Reset.
This is why we have PayPal already saying, listen, we're going to fine you if we don't like what you're saying.
This is why they froze the bank accounts of the protesters up in Canada, because you can see their agenda.
You can see what they're trying to do here.
And this is just the beginning stages of it all.
This is what they're introducing.
They thought, okay, we got everyone where we want them.
Now we can start introducing this.
And once again, it's accelerated.
So you could see it very, very clearly.
It's almost like a plant growing.
If you just stare at it, you see nothing happening.
But if you film it over a period of time and then go back and take that film and accelerate it, you can see the plant grow.
This is exactly what Trump and the Patriots have done.
Everyone can see the plant growing.
It's very, very obvious.
And you can see what they're trying to do.
They're trying to bring us into the central bank digital currency.
Actually, Germany's finance minister, Linder, he's calling the European central bank digital currency digital cash and praised its ability to be a growth engine for the economy.
And I do believe this is what they're trying to do.
Oh, here's the crisis and we have the solution.
It's the Great Reset, the central bank digital currency.
We're seeing all this inflation.
We know how to control it.
It's gonna be called the Central Bank Digital Currency.
Actually, that's not gonna help anything.
They're just gonna move us into a different system.
Now, it's very interesting that this information came out now and he's calling the Central Bank Digital Currency incredible.
below this is really going to help 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 twenty thousand dollars 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 the entire economic system and at the same time that this is announced we have the u.s department of justice they seized over 3.36 billion in bitcoin time tied to the silk road
So James Zong stole over 3 billion Bitcoin from Silk Road by committing wire fraud and possibly faces over 20 years in prison in the latest U.S. seizure.
James Zong, an explorer who stole about, what, 51,680,000 Bitcoin from the Silk Road, has now pled guilty to committing wire fraud.
And you can see that they brought this out to show, look, only criminals use Bitcoin.
The good people that go with what we tell them to do, they use central bank digital currency.
They're trying to force people away from alternative currencies.
And remember, criminals have been using currency to commit crimes going way, way back to the beginning of time here.
I mean, if you really look at the fiat currency, the central bank currency that we're using today, which is the Federal Reserve Note, Think about all the banks that have been caught money laundering.
Think about the deep state, how they money launder in Ukraine.
Think about all the criminals that create counterfeit bills.
This has been going on for a very, very long time.
And to say, oh, it's only Bitcoin.
No, criminals are going to do bad things because they're criminals.
And no matter what they do, no matter what they push, it's not going to convince the people.
Just like when the economy completely implodes on itself because of what the Federal Reserve has been doing, the people are going to know who's accountable for this.
And the Fed right now, they're prepared and ready to do the blame game.
Oh, it wasn't us.
It was the other banks.
Oh, it wasn't us.
It was these people over here.
And the Wall Street on Parade put this out and says, the Fed releases its financial stability report and lines up a scapegoat.
So, there's a certain paragraph that provides a window into how the Fed is planning to spin the next financial meltdown to shift the blame away from its own failed supervisory role of the mega banks.
And this is what it says.
Disruption to the economic activity or financial markets abroad can affect the United States through several channels.
A pullback in risk-taking worldwide may cause further declines in asset prices and tighter credit conditions abroad in the United States.
Some U.S. investors would incur losses on foreign exposures, and foreign financial institutions would likely reduce lending to U.S. businesses.
Foreign investors could sell Treasury securities and other safe U.S. assets, potentially adversely affecting financial market functioning and the transmission of monetary policy.
Foreign official holders might sell reserves to defend currencies, and private holders might sell treasury securities in the context of a widespread surge in demand for dollar cash buffers.
Broader pressure on larger internationally active foreign banks could, if sufficiently severe, result in a material spillover to U.S. financial stability through strains on dollar funding markets in which foreign banks are large participants and interconnectedness with U.S. banks.
Although the effects would be mitigated by the resilience and sound capitalization of the U.S. banking system.
More generally, modern financial markets are interconnected, so stresses abroad could lead to strains in U.S. markets and challenges for U.S. financial institutions.
The Fed wants Congress and the public to believe that it has followed the mandate of the Dodd-Frank financial reform legislation of 2010 and has reigned in the risks of the mega banks that took down the U.S. economy in 2008.
So the Fed writes the resilience and sound capitalization of the U.S. banking system.
But the Fed also wants us to have a scapegoat lined up to point the finger at when things blow up.
So it adds more generally, modern financial markets are interconnected, so stresses abroad could lead to strains in U.S. markets and challenges for U.S. financial institutions.
The simple question is, why hasn't the Fed used its regulatory powers to restrict and reform these tight linkages of interconnectedness?
The Office of Financial Research has been warning financial regulators about this serious problem for at least, what, seven years now?
The report specifically called out five banks, which today remain the largest holders of derivatives among U.S. banks.
The larger the bank, the greater the potential spillover if it defaults.
The higher its leverage, the more prone it is to default under stress, and the greater its connectivity index, the greater is the share of the default that cascades onto the banking system.
The product of these three factors provides an overall measure of the contagion risk that the bank poses for financial systems.
Five of the U.S. banks had particularly high contagion index values.
Citigroup, J.P. Morgan, Morgan Stanley, Bank of America, and Goldman Sachs.
And they're already trying to say and blame other factors But what's really happening is they're bringing down the system and they don't want to be held accountable when the time comes to bring it down.
Remember, it's going to be a controlled demolition.
But I don't believe this is going to be working in their favor because, remember, they were supposed to control inflation.
They were supposed to keep everyone employed.
They were supposed to follow certain rules.
And I do believe when the new Congress is in place...
There's going to be some type of investigation.
They're going to use the crisis to their advantage.
And they're going to hold the central bank system accountable.
Remember, the banking system today is, yes, interconnected, but it's interconnected to the central bank system.
And the central bank system is about to implode because they want to bring us into the Great Reset, into their new system.
And what they're trying to do is they're trying to say, these banks, these are our scapegoats.
They're the ones that are going to be the problems.
Yes, it's going to be coming from overseas, here to the United States, and these are going to be the banks that are going to be the problem.
And remember, this is about using this crisis to shift us away from the private Western Central Bank system.
And I do believe there's going to be calls for a gold-backed currency.
There's going to be calls to say, maybe we should go to Bitcoin.
There's going to be calls.
To go to an alternative currency and away from the central bank system.
And I do believe Trump and the Patriots, they're going to be using this crisis, just like the central bank, the deep state players are using this crisis to bring us into the Great Reset.
The Patriots are going to use it to bring us away from them, to transition away from them.
Remember, they're the ones who are causing it.
Everything is pointing to them.
This is why the Fed is already trying to point the finger away from them.
Just like the D's and Biden does in the White House when he says, you're to blame.
That's the blame.
Everything's to blame except for them.
Is anyone buying what they're selling?
No.
No one believes them.
The people out in Germany, the people out in France, the people out in Italy, no one is believing anything that they're saying.
And in the end, when the system comes down and people are struggling, no one is going to believe them.
Remember, there's no cover story.
There's no war.
There's no pandemic.
There's no global economic shutdown.
It's just them standing there saying it wasn't us and pointing the finger all over the place.
No one is going to buy it.
And in the end, when people see this and people uncover the truth, just like with everything else, they're going to make a completely different decision.
And the central bank, they're going to be doomed.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
Export Selection