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Jan. 27, 2023 - X22 Report
16:22
Ep. 2982a - El Salvador Counters The [CB], This Is What They Don’t Want The People To See
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We'll be right back.
Hi, and welcome.
You're listening to the X22 Report.
My name is Dave, and this is episode 2,982 a.m.
Today's date is January 26, 2023, and the title of the episode is El Salvador counters the central bank.
This is what they don't want the people to see.
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Let's get into the economic collapse.
Now, the deep state, the corrupt politicians, the private West Central Bank, the World Economic Forum.
It seems they have been countered by El Salvador.
Remember El Salvador?
They decided to take on Bitcoin and they're moving away from the fiat currency, moving towards Bitcoin.
Doesn't mean they actually went all out with Bitcoin.
They are in the process of doing this.
I do believe they have an insurance policy just in case the fiat currency is absolutely worthless.
Now, we know the central banks, they don't want the people around the world to see what it's like to have no central bank because they don't want the people to see a country operate without a central bank where the people of that country are not borrowing the currency with interest attached.
Because if the people around the world actually saw a country where they were creating their own currency, they weren't borrowing it, there was no payback, the country would do absolutely incredibly well.
Plus the corruption level would drop dramatically.
Why?
Because you don't have an open-ended credit card.
And this is something the central bank never, ever wants anyone to see.
And I do believe what's happening right now is that the people of this world, they are going to eventually see it.
Remember, they've been playing it up that El Salvador is doomed.
They won't be able to make their repayments on their loans to the IMF. It's not going to happen.
They went to Bitcoin.
It's going to be a complete and utter disaster.
Well, it seems that this didn't happen.
The fake news was putting out article after article after article, letting everyone know this.
But it seems El Salvador, they were able to pay back their loan.
Now, this is going to be a problem for the central bank.
Actually, the central bank, the fake news, they were just countered.
And they were putting a lot of pressure, trying to make the people around the world, they wanted them convinced that this cannot never, ever happen.
Now, what do you think is going to happen when countries start to move away from the private West Central Bank?
When they decide, you know something, we're not going to go to the Central Bank Digital Currency.
We're going to decide we're going to actually go back to our national currencies, maybe even go back to the gold standard and actually issue the currency pegged to the gold standard that we are on right here in our country, and we're going to remove the private West Central Bank.
Well, this would be a complete and utter disaster for the private West Central Bank because they don't want the people to see that.
Because once they see it, they're going to start to understand that the private West Central Bank does not benefit the people.
It doesn't help the economy.
It doesn't help the economy grow.
It actually hurts the economy and actually pushes the people down.
And this is something that they've been trying to push back on for a very, very long time.
But I do believe what's going to happen as we enter this crisis, as we move into a place where people are looking around going, OK, we're in some type of recession, depression.
What's going on here?
I lost my job.
Everything's very expensive.
What's happening?
And I do believe at this point, the people are going to start to really push back and people are going to say, you know something, we need something different.
And we don't need the Green New Deal.
We don't need the private Western Central Bank.
We don't need a controlled Central Bank digital currency.
We don't need any of that.
We need something that's going to make our economy grow.
grow.
We're going to need something that is going to bring back industry.
We're going to need something that is going to benefit the people.
And I do believe in the end, this is what the Patriots are going to deliver.
The Patriots are going to show the people you can either go with the central bank or you can go with the individual that's been telling the truth that has rebuilt the economy before he could do it again, actually a lot better without the central bank.
And the people that are going to make a decision, right?
And I do believe that time is approaching.
And as the economy completely falls apart, more and more people are going to wake up to this.
And the people are going to actually start to push back because look what's happening out in the economy.
I know Biden's out there saying everything's incredible.
Everything's bouncing back.
Everything looks great.
But look, fuel prices are starting to move up.
Everyone sees inflation in the supermarkets.
Egg prices are very, very expensive.
And yes, we know there's other agendas associated with the high egg prices.
And yes, there's other information coming out that Bill Gates a long time ago invested in artificial eggs.
And I wouldn't be surprised if they are doing something to make the chickens or whatever not lay eggs.
Actually, there was a farmer out there.
Don't know if this is really true or not.
But they started to notice that their chickens and other people's chickens, they weren't laying eggs.
And they were all using the same feed.
And when they started to allow their chickens to roam free and eat the grass and things like that, they started to lay eggs again.
So I wouldn't really be surprised if something was happening there.
But again, it's not confirmed.
But we know that the egg prices, they have gone up.
Food has gone up because we know what the World Economic Forum wants us to do.
They want us to eat bugs.
They don't want us eating meat.
They don't want us eating chickens.
They don't want us eating natural eggs.
They don't want us eating anything like that.
And we can see that they've been pushing their agenda for a very long time.
But what people realize and they can see and they experience is that things are getting more expensive.
And as they get more expensive, it makes it harder for people to live, especially with people who are being laid off and with fuel prices moving up.
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And this is going to make it very difficult for people.
Now, look at the housing market.
The housing market is not doing that great.
Remember, the Fed has been raising rates, which makes it very difficult for people to get into the market or stay in the market.
And people are canceling their mortgage applications, and it's not going too well for the housing market.
So new home sales, they surprised once again by rising 2.3% month a month, dramatically better than the 4.4% decline expected.
However, that surprise was due to a huge downward revision in November data from a 5.8% surge in new home sales to just 0.7%.
So they just shifted the numbers to make it look like things are doing okay.
But that pushed the drop in new home sales down to 26.6% year on year.
This is the worst drop since October of 2021.
And it appears the rebound in mortgage applications and reversal lower in mortgage rates has run out of juice for the new home buyer.
When you look at the cancellations, they're running at a higher rate.
Then at the peak of the 2008 financial crisis.
And when you look at the graph and you can see the cancellation and the canceled contracts, it's running about 68% or so.
And if you go back to 2021, the fourth quarter of 2021, it was at 13%.
If you go back to 2020, fourth quarter is about 14%.
If you go all the way back to 2017, fourth quarter, it was 28%.
So this has gone up quite a bit.
And we know why, because the Fed has been raising rates.
It's pushing a lot of people out of the market.
And those first-time homebuyers, they can't purchase the homes.
And especially when you're starting to see layoffs all over the place.
So that means people are not going to expand.
They're going to contract.
And that's exactly what we're seeing right now.
Now, like we said before in the beginning of this report, we had El Salvador and the fake news was out there.
The IMF was out there saying and they printed a lot of articles saying that El Salvador was going to default on its debt because of Bitcoin.
The New York Times wrote, A poor country made Bitcoin a national currency.
The bet isn't paying off.
The Washington Post published an op-ed warning that El Salvador's condition and how they could default.
Well, guess what?
They didn't default.
El Salvador's president revealed that El Salvador is paying out the bond in full with interest.
He is now calling out the media and has the receipts.
And this is what he tweeted out.
He said the following.
In the past year, almost every legacy international news outlet said that because of our Bitcoin bet, El Salvador was going to default on its debt by January 2023, since we had an $800 million bond maturing today.
And there's tons of articles.
And he said, they all said that without striking an IMF new deal, we're going to be unable to pay our 2023 bond because our Bitcoin losses.
I have the receipt.
We paid it off.
And once again, the fake news is completely wrong.
The IMF didn't want the people of this world to see this and the people are seeing this.
Can you imagine what would happen if El Salvador decides to remove itself from the entire fiat system and they decided, you know something?
We're not going to borrow money anymore from the IMF. We're going to actually take Bitcoin or gold and we're going to use that instead.
Instead of borrowing the money, we're going to actually use the currency right here.
And we're going to use it and we're going to separate ourselves from the private West Central Bank.
How do you think the country's going to do?
Well, if they don't have loans, there's no interest.
If there's no interest, well, it means that they can save quite a bit of money, which means that money can go back into the economy.
And this is something the private-wise essential bankers don't want anyone to see.
Because once the people of this world see this, it is game over for them.
Now, let's take this a step further.
Since we're entering a crisis, and I do believe Trump and the Patriots are going to be using this crisis to move us away from the private-wise essential bank.
And I don't mean as soon as the crisis hits, they're going to say, okay, let's shift everyone.
I do believe they're going to have certain things in place, and we're going to be moving away from the private-wise essential bank.
Now, if the United States...
Moves away from the Private West Central Bank and the United States no longer, no longer borrows the currency from the Federal Reserve and the Federal Reserve is removed from the picture and the United States is now on the gold standard.
How well do you think the United States is going to do?
I do believe with Trump at the helm and the Central Bank in the spotlight with this crisis that's occurring, What do you think is going to happen?
Do you think there's going to be an investigation into what the Federal Reserve has been doing for this entire time?
Do you think the investigation is going to show that there's criminal activity?
Do you think the Federal Reserve is going to actually allow an investigation?
Or are they going to say, okay, listen, if you don't want us in existence anymore, what you can do is you can vote and we will remove ourselves.
You just pay us back what you owe us.
And I do believe at this point, I don't think it's going to be that difficult to do.
Yes, the central bank will fight back.
But once we remove the central bank, what do you think the economy is going to look like?
Because now we're not borrowing all this currency.
Now we don't have all this interest.
Now, since we're not borrowing and it's not just an open-ended credit card, all these individuals in Congress and all their ridiculous entitlement programs, They completely disappear.
Why?
Because there's no money for that.
We have to concentrate and use the money that we have on very specific things, which means there's no money laundering, which means there's checks and balances.
And we, the American people, we're not on the hook for all of this with interest attached.
Yes, we're on the hook for the principle, but there is no interest because this is the people's money.
And what do you think is going to happen to this economy?
This economy is going to flourish like we've never ever seen before.
Because what does this get rid of?
It gets rid of inflation.
It gets rid of the corruption.
It gets rid of the Congress just spending like crazy on ridiculous things.
Which means you can build the country up.
You can give corporations certain incentives.
You can give the manufacturers incentives to come back to the United States.
And I do believe this is exactly what's going to happen.
Now, once the United States shows the rest of the world, look what happens when you get rid of the private Western Central Bank.
What do you think the rest of the world is going to do?
They're going to say, holy crap, we might as well do the same thing they're doing because look how well they're doing.
Now, once again, don't think that the private one central bank is just going to say, oh, okay, you know what we give, you got us.
No, they're going to try to do whatever they possibly can to stop this.
They don't want to lose control.
This is why the World Economic Forum said in the next two years there's going to be a cyber attack.
This is why they're trying to push a war.
They're trying to do anything they possibly can to try to shut this down because they know once they lose the private West Central Bank, everything else completely falls apart.
And that is the problem with our economy today.
Not just our economy, the world's economy.
And the people now just saw out in El Salvador something the central bank doesn't want anyone to see.
And it's going to get a lot worse for them because I do believe El Salvador is going to start to shift away from all fiat.
And I do believe that is coming very, very soon.
And I do believe here in the United States we're also going to see that.
And soon, the central bankers are going to be in trouble.
And this is why they're doing everything they possibly can to stop this.
Remember, going back in time, what do they really want?
They really wanted a war.
They wanted death, destruction.
Why?
To move us into a new system.
This way, no one will be paying attention.
But now everyone's paying attention.
And this time it's not going to work.
This time it's going to fail.
Remember, this is the third private-wise essential bank in this country.
The first one, the Congress said, you know something?
We don't like how this is working out.
We're not renewing your charter.
This doesn't help the country.
The second time around, Andrew Jackson campaigned on getting into the central bank.
The third time now with the Federal Reserve, which is the central bank, the private West Central Bank of this country.
I do believe Trump, this is why he had Andrew Jackson hanging in his office in the White House.
It is now his time to remove the private West Central Bank.
And I do believe this is the direction we're heading in right now.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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