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Dec. 26, 2022 - X22 Report
17:08
Ep. 2957a - Biden/[CB] Inflation Head-Fake, The Economy Is About To Pivot Again
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 2957A and today's date is December 26, 2022 and the title of the episode is Biden's central bank inflation head fake.
The economy is about to pivot again.
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Let's get into the economic collapse.
Now, the deep state, the corrupt politicians, the private Western Central Bank, the World Economic Forum, they are having a very difficult time with this economy.
Now, what they're trying to do right now is to make everyone believe that the economy is improving, the economy is better.
But this is one gigantic head fake.
And you can see that they fell right into this.
They're pushing it.
They're acting like inflation is going to be easing.
It's going to be getting better.
This is why Biden was out there, letting everyone know that, yes, inflation is going to go back down and we won't have to worry about this.
Now, remember, they told us this in the very beginning when inflation was starting to pick up.
They told us that inflation didn't exist.
Inflation was transitory.
It wasn't going to last, and it did last.
And when you start to look at the graph and you look at what inflation has been doing, it's been bouncing up and down, but it's been...
Moving up.
So you have these times when it's high, sometimes when it comes back down and it goes back up again.
And we're going to see inflation start to really move up again.
And this is where it's going to get in trouble because what they've been doing is they've been using this time period to make it seem like everything is good.
And actually now their stories are going to conflict with each other.
Take, for example, the fuel prices.
Remember, in the very beginning when fuel prices started to go up, and this is way before Putin, Ukraine, and everything like that, they were blaming it on everything, COVID, this, that, and the other thing.
And then finally, Ukraine came into the picture, and they started to use Ukraine and started to use Putin, and they blamed Putin.
And remember, they were out there letting everyone know that Biden can't do anything about this because he doesn't control the fuel prices.
Think about what is happening right now because they fell into this trap and now people are tweeting about it.
People are saying, OK, listen, when fuel prices are going up, there's nothing you can do about it.
So the president really doesn't control fuel prices.
Well, that's very interesting because when Trump was in the White House, what did he do?
He made the country energy independent and fuel prices came way, way down.
Biden did the opposite and fuel prices started to move up way before Ukraine.
But let's look at an example.
This is from Divine LS and this is Joe on Twitter and it says, President Biden isn't to blame for the price of gas.
Vladimir Putin is.
And that was put out...
March 8th, 2022.
Then look at December 22nd, 2022, when Joe says the following, gas at my local station is now under $3 a gallon.
Let's go.
Thank you, President Biden.
Wait a minute.
So just a couple of months ago, Biden couldn't do anything.
Now Biden can do anything?
Can do something?
Of course he can.
This whole thing is a trick, and now they're going to be getting caught up in everything that they've been saying.
Let's take a look at inflation.
Wall Street put this out, and this is an article about the PCE price index.
Now, surface inflation ranges, but the durable goods PCE price index had biggest month-to-month drop in years.
Yardstick for the Fed's inflation target.
The core PCE price index, the yardstick the Fed uses for its inflation target, it excludes the always volatile food and energy products to present a picture of underlying inflation.
The PCE price index for the services rose 0.4% in November from October.
Same as in the prior month and roughly double that rate before the pandemic.
It zigzags up and down as month to month inflation readings do.
But the trend is not down.
There isn't even a convincing sign of a turning point in the uptrend.
On a year-to-year basis, the PCE price index for services rose 5.2%.
It has now been above 5% for the fourth month in a row, and it is not showing any sign of substantive decline.
But the PCE price index for durable goods, new and used vehicles, appliances, furniture, etc. is definitely showing a downtrend and has turned negative on a month-to-month basis for the second month in a row.
In November, it dropped by 0.8% from October for the biggest month-to-month drop in years.
And this is a head fake.
The core PCE price index for goods and services on a month-to-month basis has served up a number of head fakes since early 2021, as month-to-month inflation indices do.
It gets worse for a few months, then it gets better for a few months, and then it gets worse again.
This is a fear and frustration that Powell also expressed in his speech a month ago when he said that down month in data have often been followed by renewed increases.
So in November, it got better for the third month in a row, rising by 0.2%, which seems to be encouraging.
But just look at the chart and you can see the next leg up is coming very, very soon.
And people are going to feel inflation again.
And what's happening is each time this happens, the inflation doesn't drop.
It rises a little bit at a time.
So inflation is not going to disappear.
It's going to get worse.
Now, add on top of that energy inflation.
Because remember, their entire goal is to bring us to the Green New Deal.
Their entire goal is to get rid of fossil fuels.
So if they keep the fuel prices down, can they push this goal?
Can they bring everyone to where they want them to go?
No, they can't.
So they're going to have to continue with their agenda because they need fossil fuel prices to move up to convince everyone to go to the Green New Deal.
They need everyone to say, hey, yes, we should go to solar panels and wind generation.
So they're going to continue this on.
Remember, the midterms are now over.
Yes, they dumped a lot of strategic petroleum reserves to bring the price down before the midterms.
Yes, this is what we're experiencing right now, the lagging effect of that.
But now things are about to change once again.
Because remember, their entire mission is to bring us into the Great Reset, the Green New Deal.
So we're going to see things pick up in 2023.
And I don't mean they're going to start as soon as a new year comes in.
We'll probably start to see this in late January, early February.
We'll start to see the prices start to move up again.
And of course, they're going to blame someone else for all of this.
Now remember, to bring us into the Great Reset, the Green New Deal, what do they need?
They need the central bank digital currency.
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They need total control of the people.
Just like China has a social credit system.
Here, what they want to do is have a social credit system linked to the central bank digital currency, linked to the carbon taxes, linked to almost everything to control you.
And you can see out in one of Amazon's supermarkets, their wholesale supermarket, you can see they're already starting to implement this.
Wall Street Silver put this out on Twitter.
It said, She was so excited about the convenience of face scan payment in China.
No card or phone needed.
Wait until the government decides your social credit score is too low for not doing what they tell you.
No water for you until you receive your fourth booster.
Combine that with the central bank digital currency and your freedom is gone.
They track you every moment and location at all times.
Your spending decisions turn off your money if you disobey.
And that's exactly what they're trying to do.
And you can see they're trying to implement it.
Now, remember, they're trying to implement everything right now.
And the people, they are now seeing it all being done, just like they saw the vaccine passport.
Everyone got freaked out with that.
They thought everyone was going to have to have one.
They tried it in New York.
They were trying in California.
We know they had it out in other countries.
But what happened?
That completely fell apart.
The people now see what's going on.
The veil has been lifted.
And can they see the carbon taxes?
Can they see what that really is?
Can they see what the central bank digital currency really is?
Can they see it by just looking at PayPal when they're saying they're going to fine you or looking at Canada when they're freezing accounts?
Yes, people can see all of this.
And without people seeing this, the people wouldn't be able to fight back.
Because if there was destruction, if there was the pandemic, if there was a global economic shutdown, people, they wouldn't be paying attention to all this.
Yes, it looks scary, but you need to see it to stop it.
If there was a war and there was destruction everywhere, would the people be able to stop what they were trying to do?
No, they wouldn't because they would be too busy with destruction.
They'd be too busy with rebuilding.
They'd be very upset and sad about loved ones being lost.
The same thing with the pandemic.
If we were in a pandemic and we had a global economic shutdown and people were trapped in their homes and they're receiving their thousand dollars a month because nobody was working, people would be dying off.
People really wouldn't be concerned about where they were going to bring us.
But now we have the opportunity to see everything that they're doing.
Why?
Because everything that they try to do has been countered.
So the central bank, the puppet masters, they don't have a cover story.
A cover story that would distract us from what they're really trying to do.
This is why it's so important to see it.
This is, it might look scary.
It might look like, holy crap, look what they're doing.
But now the people can see it.
The people understand.
Almost like the omnibus built.
The omnibus bill now is out in the open.
Social media is allowed to push this out there.
You can see all the earmarks.
You can see what they're spending the money on.
And actually, Elon did a poll, and the American people are completely against it.
The Congress that is sitting there now is not aligned with the people's wishes.
And the people can see this very, very clearly.
They can see what they're doing.
And I wouldn't be surprised if this gigantic spending bill actually adds to the inflation problem.
And we might even hear the Fed even complaining about this later on.
Of course, they don't want to take the blame.
Remember, this is their system.
They like to point the finger at other places.
But Trump, he points this out and says, listen, this never had to be this way.
He put out two truths and this is what he said.
The Marxist Democrats must have something really big on Mitch McConnell in order to get him and some of his friendly Republican senators to pass the horrendous all Democrat all the way omnibus bill.
It gives border security to other countries, but zero dollars to the U.S.
It fully funds the corrupt Justice Department, FBI, which rigged the presidential election, and even the Trump-hating special prosecutor.
It is also a massive giveaway and capitulation to China, making Coco Chow so happy.
So, yes, what do they have on these Republicans?
Why did they vote for this omnibus bill?
Why didn't they wait just a couple of days, you know, two weeks or so?
Well, Trump points this out and he says the following.
If the old crow waited just 10 days, the Republican majority in the House could have made the omnibus bill much, much, much better.
Just another win for the Democrats.
Mitch, that wouldn't have happened if Trump were president.
And he's absolutely right.
But you need to really think about what's going on right now.
This passed, this went through.
Now people can see who these people really are.
They're not working with the people of this country.
They pass this not to benefit the people of this country.
A lot of the money is not going to the people of this country or to rebuild America.
This money is going elsewhere.
And the people see this.
And this is why in that poll that Elon posted, it shows the people they didn't want this in the first place.
But I do believe Trump and the patriots knew they would try to do something like this.
And of course, they have the power right now in the House and Senate, but this is about to change.
But they needed this because they needed the people to see how dirty they were, how they weren't going to help the economy, how they were going to hurt the economy, hurt the country.
And this is very important to see because all they're doing is taking these funds and they're sending them elsewhere.
None of this really benefits the people of the United States.
And this is something people need to see.
And actually by spending $1.7 trillion and taking this from the taxpayers, this is going to hurt the economy further.
This is going to bring the system down.
This is going to make inflation move higher.
This is not going to help their situation.
Actually, it's going to hurt their situation.
And remember, these funds in the next two years, this isn't going to last.
They think it is, but it isn't.
Think about all the money that they're sending out to Ukraine.
Think about all the money they're sending all over the places.
I do believe that Trump and the Patriots, they wanted them to go down this path because this will help destroy their entire case.
This will help destroy their central bank economic system.
This will help with what the patriots really want to do.
They want to bring us someplace else.
They want to bring us to a people-run economy.
They want the people to use a currency that's not created by the private central bank with interest attached.
And I do believe that everything that we're witnessing right now is for that.
And yes, the economy is about to pivot again, pivot in a direction that is not going to help the Biden administration.
It's not going to help the Federal Reserve.
It's going to hurt them in the long run.
Remember, all of this was going to happen no matter what.
The central bank, the Biden administration, the World Economic Forum, this was their plan for a very long time.
They were just waiting for the right cover story.
They thought they had one with the pandemic in the very beginning in 2020.
They thought, wow, we did it.
We're going to get Trump out of office.
We've already started the pandemic.
We're going to shut down the global economy.
This is our chance.
We didn't get the war we wanted because he messed that up for us.
He countered that.
But now we can use this to bring everyone into the Great Reset, the Green New Deal.
This is why they announced it in the very early stages.
Now it has backfired on them, and everything that they're doing is going to be exposed.
And people, they see it very, very clearly.
I do believe we're going to see a lot more polls on the economy, and the people are not going to be with those in Congress.
Maybe the House, those patriots that won the election, I'm talking about the new house that's coming in, the ones that are starting all the investigations.
And I do believe once the crisis hits, yes, the house, they will do additional investigations, maybe into the Federal Reserve.
Remember, the Senate now is going to be under a lot of pressure.
Because now the people are going to be behind the House.
The House is going to say, okay, we're doing an investigation.
We need to audit the Fed.
Maybe they'll pass a bill because of this crisis.
The Senate right now is going to be under a lot of pressure because they're going to see that the people are not aligned with them.
And we'll have to see how this plays out.
But I do see everything building right now.
And I do believe Trump and the Patriots are bringing the entire economic system down this path, allowing the central bankers, allowing the World Economic Forum to do what they do best, destroy themselves, show the people the truth.
They can't hide.
Everything's out in the open.
And in the end, the people will see it all.
And once they see it all, it's game over for them.
Because once people understand and they're thinking logically and they realize what they're really doing, the people are not going to stand for it.
And I do believe this is where all of this is headed.
In the end, the people, by seeing all this and understanding it and understanding their agenda, they're going to make a completely different decision.
Just like they made a different decision on the omnibus bill.
Everyone wasn't for it.
The people, 75% or so, were completely against it.
So I do believe the people now, as they see more, it's going to build and build and build, and the people are going to reject everything that they're doing.
And in the end, they will make the final decision of where this economy goes.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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