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March 14, 2023 - X22 Report
34:15
Ep. 3020a - [CB] Believes They Have The Upper Hand By Nationalizing The Banks,It Has Begun
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave in this episode 3020 and today's date is March 14th, 2023 and the title of the episode is Central Bank believes they have the upper hand by nationalizing the banks.
It is begun.
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Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the private what's essential bank, the world economic forum, they're following the path like they did during the pandemic.
Let's just think about this for a second.
During the pandemic, they announced that this is the perfect time for the Great Reset, the Green New Deal.
They thought they were completely in control.
They thought, well, we're going to have the people locked down for many, many years.
The economy is going to be destroyed.
Which is their illusionary economy.
The supply chains would completely implode on themselves and people would be stuck in their houses and the governments around the world would continually borrow and borrow and borrow and they would send this money to the people every single month and they would be in complete and utter control.
They would be able to usher in the vaccine passports They would be able to depopulate because a lot of people would die during this period of time because remember there was going to be nothing to help the people during the pandemic and a lot of people they become depressed and a lot of things would happen and they thought this is the time we now control the situation and what happened?
Was the country locked down for 10 years?
No.
Was the world locked down for 10 years?
No.
Did they try to push the vaccine passport?
Yes, they did.
How did that work out?
Oh wait, that failed.
They thought they had it made.
The same thing is happening now.
They believe they're in control.
They believe, wow, okay, we can use these events to our benefit.
We can actually nationalize the banks, which they pretty much did.
And we can use this to then create additional events to bring everyone into the central bank digital currency.
You really think this is going to work?
Or is Trump and the Patriots?
Are they leading them down this path to make them feel that, hey, we're in control of this.
We're very confident, just like during the pandemic.
Well, I do believe that's exactly what's happening.
Why?
Because sometimes you need to show the people the truth.
Sometimes you need to jolt the people awake.
And with banks failing, what do you think this accomplishes?
Do you think the people are sitting back going, yeah, all right, two banks, not a really big deal?
Or do you think the people are going, okay, these are two banks here.
I just heard Trump in Iowa.
He said, well, this could be the beginning of something.
And then you have Moody's coming out saying, okay, we're going to be watching these six banks just in case.
Do you really think it's only six banks?
No.
Or do you think something else is happening here?
And do you think the people are waking up?
Do you think the people are saying, okay, I have all my money with the bank.
Something's going on.
The FDIC needed to go to the Treasury, to the Fed, and they needed to create something out of the ordinary.
Where the Fed is going to completely take control, something is happening right now.
Now, once again, take what we just learned and now think about inflation.
When people start to see the fiat currency completely implode on itself, where it's going to lose a lot of value, which means you're going to see inflation, the people are really going to wake up and people are going to start to think, well, maybe I need to do something to protect myself.
Maybe I need to shift my assets someplace else.
And I do believe this has begun.
And I do believe what Trump and the Patriots have done is Is they set the entire central bank world economic forum up and they're leading them down this path and in the end they will not be in control because remember when a crisis happens yes if you're in control you can use the crisis but if you're not in control and someone else is they can use the crisis Who are the people following right now?
Do you think they're following the fake news?
You think they're following the Fed?
You think they're following the Biden administration?
Absolutely not.
And as things get worse and worse and worse, and I'm talking about the economy, the border, war, where do you think the people are going to be looking to?
Are they going to be looking towards DeSantis?
Absolutely not.
Are they going to be looking towards Biden?
Absolutely not.
They're going to be looking towards Trump for the solutions.
And this is why Trump has been putting out the solutions, letting everyone know what to expect.
Because when someone tells you this is what's going to happen and it does happen, People go, maybe I should follow this guy.
Maybe I should hear what he has to say.
And let me see what happens the next time around.
Oh wait, it's true again.
Now take on the other side, you have Biden.
Who's saying there's no inflation.
It's just going to disappear.
How'd that work out?
Fuel prices are because of COVID, because of Putin, because of this and that and the other thing.
And fuel prices, where are they today?
They're moving up again.
And what did Biden do?
He used the Strategic Petroleum Reserve to actually counter the rising fuel costs.
And now we're here with banks.
He's still letting everyone know.
Well, don't worry about it.
The banks are safe.
Then why did Moody's just put six banks on the watch list if all the banks are safe right now?
So in the end, just like Andrew Jackson, where do you think this is all going to go?
The people are going to stick with the person that's been telling them what to expect.
And we can see their entire system.
I'm talking about the Deep State, the World Economic Forum, the Private West Assembly.
Their entire system now is falling apart.
And you can see the matrix.
You can see what they're trying to do.
And those people that are waking up, it's getting clearer and clearer as every day that passes.
Take, for example, what's happening with Pete Buttigieg.
Now, do you think the people are behind Pete Buttigieg?
No, we mentioned this yesterday, that people really want him to resign right now.
And what does Pete Buttigieg want to do?
It's not really him.
He's just the front guy.
What do they want to do?
They want to tear down racist highways.
Now, is this really about racist highways?
Or are they trying to increase traffic and congestion?
Are they trying to stop people from traveling to different places?
Do they want to make it harder for people to travel to different places?
That's exactly what they want to do.
Let's take this to the next level.
The electric car manufacturers, they decided they're going to remove the AM radios from their vehicles.
They're claiming safety concerns.
And this is what the Deep State, the Central Bank, the World Economic Forum, this is what they are famous for.
Well, it's national security.
It's your safety issue.
Oh, we have a special report.
So they want to remove AM radio from the cars.
Now, FEMA's out there saying, well, a lot of the emergency broadcast systems go through the AM radios.
But why would they want to remove AM radios?
Because most of the conservative talk radio shows dominate the AM bandwidth.
So why would they want to remove that from the car so nobody can listen to it?
Really?
Think about it.
You think this is just coming out of nowhere?
No, this is part of their agenda with the economy, with the Green New Deal, with everything.
Is it going to work in the end?
No.
And what's very interesting is that in the very beginning of Biden's administration, he decided to suspend Trump's oil drilling leases in Alaska.
And that was like one of the first things that he did.
He said, nope, we're not doing it.
We're not drilling oil in Alaska.
Now, all of a sudden, Biden decided, okay, we're going to allow Alaska oil drilling.
To produce about 180,000 barrels of oil a day.
Now, the climate activists are out there screaming and yelling, say, this is absolutely ridiculous.
Why would Biden go ahead and decide to do this at this point?
What would be the reason?
Is he in control or is there another reason why he went ahead and did this?
Well, I do believe that this was put into place and we know how much oil Alaska has.
Trump mentioned it many, many times.
And I do believe that this was set up to help with the transition, because remember, Trump, on his first day of office, what did he say he was going to do?
He was going to make the country energy independent again.
And I do believe that this is being set up right now.
So when he comes in, he can actually do this.
And there's a lot of oil in Alaska.
And there were a lot of projects that Trump signed on to saying, yes, we would need we need to start drilling in Alaska.
Governor Mike Dunleavy put this out on Twitter and said the following.
The Willow Project approval is great news for Alaska, but the Biden administration banning new oil and gas developments across 16 million acres in Alaska is a bad deal.
And yes, there's a lot of oil up there.
And I do believe Trump and the Patriots, what they're doing is they're setting certain things up right now.
So when Trump comes back into office, the country can quickly...
Move in a completely different direction.
And when we start to observe and watch all these things, you can see how these things are playing up because it makes no sense for Biden right now, if he's following the Green New Deal, to actually go ahead and use the oil in Alaska.
He could use the Strategic Petroleum Reserves.
He can import more oil from other places.
Why would he do this right now?
It makes no sense.
So I do believe that this somehow, someway is being set up for what is coming.
Now, the other thing that we know is that Silicon Valley Bank, this contagion, I do believe, is just the beginning.
And Trump mentioned this.
We'll be talking about that in just a minute.
Because think about what has happened with this one bank and actually the Signature Bank and now other banks.
They're going to be feeling the heat very, very soon.
But the SVB Bank It isn't just a standard bank.
It was a tech industry type of bank, and it supported the rest of the world.
So SVB's 40,000 customers are mostly tech companies, and the bank provided services to around half of US startups.
So this is very interesting because most of these startups, they have workers around the world, they have companies around the world, and it's not just here in the United States.
There's also a lot of businesses out in Europe that no one would support.
So these are all the tech startup companies.
Where was SVB? We know it was a woke bank.
We know that the deep state, they were money laundering through many of these different banks.
Was this being used to control the tech organization, the tech structure, and they were using this bank for all these different startups?
Because remember, the deep state players, they controlled the social media platforms.
They control everything that we're seeing today.
So was this used to fund certain startups to control information and other technologies?
I do believe so, and it looks like This was just wiped out.
Now, I know there's a lot of jobs that are associated with this, but once again, I think this is part of the deep state players.
Actually, if you look out in Israel, this has dragged down 500 Israeli startups also.
And this is becoming very, very interesting as we move forward.
Because remember, this bank, SVB, Was also funding China and their tech startups and other venture capitalists.
And we know that this bailout that we're watching is not just going to the people that have under $250,000.
The Fed took over to bail out the rest of the depositors.
I do believe they're probably with the deep state players.
They're with China.
And we can see there are certain representatives now asking certain questions like Senator Tom Cotton.
I pressed the Biden administration today to commit not to bail out Chinese companies with money from Arkansas's taxpayers, but they refused, which tells you that's exactly what President Biden plans to do.
Absolutely.
Absolutely.
He's going to bail out the Chinese, bail out the deep state system.
This is what they've set up and this is what they're planning to do with other banks because they know the other banks, they are also in trouble.
Remember what the Fed has done right now.
The Fed has not been helping the economy.
They've been destroying their economy.
They've been destroying their old system, which means their old banking system.
I do believe what they're trying to do right now, number one, we know they're nationalizing.
We'll be talking about that in just a sec.
They're also consolidating the smaller banks, just like during the pandemic.
The reason why the big corporations, they were able to stay open is because they wanted all the small businesses to fail.
You see, they like to centralize.
And the centralized, you need to create events.
Centralized, you need to get rid of the low-hanging fruit.
And you need to have the bigger companies buy them up and destroy them.
And I do believe this is exactly what we're seeing right now.
Now, as they continue down this path, what are we going to see?
Well, I do believe that the Fed is going to try to say, hey, maybe we shouldn't be raising rates as much.
Maybe they'll raise it again, but at a lower percentage, or maybe they'll say, let's just take a break this month.
We'll have to see how, what happens with this.
We know they're going to use this as an excuse.
We also know to bail out these banks, what does the Fed have to do?
They're going to have to print a lot, the country.
I know they say, oh, don't worry, it's not going to fall back on the taxpayers.
Don't worry, we're going to sell their assets.
Don't worry about all this.
It's almost like the war in the Middle East saying, hey, if we take over Iraq and all these Libya, Lebanon, guess what?
The oil is going to pay for everything.
Did it?
Absolutely not.
So they're doing the same exact thing.
It's the same exact playbook.
There's no difference here.
But now small businesses, they're very concerned about inflation.
And we're starting to see inflation start to pick up.
Small businesses are very nervous about this.
Wages are declining over time and it's getting worse and worse and worse.
And we can see that rent inflation is up by 8.76% year on year.
And last January, it was 8.56%.
The shelter inflation is up to 8.10% year on year.
And in January, it was at 7.88%.
And we can see that real hourly earnings, they are down by 1.3%.
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And this is a record 23rd consecutive month.
Technofog on Telegram put this out and says, this means that just two months of Biden's presidency have seen inflation adjusted, wage growth, And real earnings have been negative during 92% of Biden's tenure.
An unprecedented achievement.
Absolutely.
And this is what the people are experiencing.
Remember, no matter what they say about the percentages, about inflation, and everything else, the people experience this every single day.
They know exactly what is going on.
And we can see that they've been trying to blame this on Trump, just like they tried to blame the train derailment in East Palestine.
They tried to blame it on Trump.
And they've been saying, well, Trump deregulated the banks and this is why this is happening.
Well, it seems that this is completely falling apart on them.
And Barney Frank, you know, the individual that was involved in creating Dodd Frank.
Well, all of a sudden he came out and said, you know, that's not really why the banks are failing.
That's not why this is happening.
Frank argues that his bank wasn't even insolvent when it was shut down.
Based on its exposure to the servicing of the crypto industry, there was a run and the collapse of crypto-focused Silvergate Bank in San Diego.
And Sam Bankman-Fried's FTX crypto exchange had more to do with why the run happened, more so than lifting of the regulation.
And think about the signature bank.
Think about Silicon Valley Bank.
Well, Silicon Valley, that woke bank.
They were more concerned about diversity and everything else.
They didn't manage its risk.
Actually, they went months without a risk manager.
Well, how does that have to do with Trump?
I mean, this bank wasn't run very well.
And Frank's argument stands in stark contrast to the Warren argument calling for bigger, heavier regulation.
Nobody brings up Biden inflation or SVB's bad management.
We seem likelier suspects for the problem than Trump, which they most likely are.
And we can see that the fake news, they're starting to change their headlines a little bit because as more and more information comes out, they noticed and they realized that, holy crap, this narrative is not working because people are starting to look into this much, much deeper and they're starting to realize it's not just Trump.
Maybe it was bad management.
Maybe it was the stimulus package.
Maybe it was a lot of other things.
Maybe it had to do with the Fed.
Maybe it was all these things together.
Really think about that.
Because Lee Fang on Twitter put this out and said, In 2018, Silicon Valley Bank lobbied to shift reporting rules to exempt itself and similarly size banks from systematic risk tests.
On the day of the vote, I talked to lawmakers and they laughed off the idea of bank influence, claiming the bill only benefited community banks.
Then we have Paul Sperry.
He put out two tweets and it says the following.
Fed Reserve Bank of SF that missed massive red flags and SV Bank run by Openly Gay Diversity Quota and Janet Yellen protege Mary Daly, who focus more on climate change and inequities than regulating rogue banks like SVB, also chairs San Francisco Fed Diversity and Inclusion Council.
And then he said, And yes, with everything that we're seeing, Biden is the one who caused this.
Actually, the deep state, the D's, they cause these problems because what are they doing?
Well, they thought they had the pandemic to be used to bring us into the Great Reset, the Green New Deal.
They started everything in motion.
And once you start everything in motion, you can't stop it.
And all of a sudden, people started to see the fuel prices go up.
We saw inflation hit.
Actually, Janet Yellen was out there saying, don't worry about inflation is going to go away in a couple of months.
Biden was out there saying the same thing.
Actually, Jerome Powell from the Fed, he was also saying the same exact thing.
And every month that went by, they started to change their story because they were caught in a lie.
They knew exactly what was happening.
Badaji put this out on Twitter.
He said, The safest asset in the world is the riskiest asset in the world.
And he's absolutely right.
And what's very interesting, and I interviewed Harley Schlanger many, many times, good friend, he's always said to me in every single interview that we need to bring back Glass-Steagall.
And if you remember, going back in time, when they removed Glass-Steagall, it allowed the banks to speculate.
And this is what we had.
We had the crash in 2008, 2009.
Now, here we are once again, where banks are in trouble.
And think about what the FDIC, the Treasury, and the Fed just did.
Well, the FDIC ensures all accounts with a balance of $1 trillion or more.
The Fed is going to back all this up.
And they're going to support all the depositors.
So what can banks do right now?
Do they have to worry?
No.
They're allowed to trade on leverage with customer deposits.
Is it more safe or less safe?
Think about this for a second.
Genevieve Dector, CFA, put this out on Twitter and said, the Fed and FDIC have signaled that they'll backstop basically every bank's deposit.
Does this incentivize banks to take even greater risk with our deposits?
Absolutely it does.
So are they helping the situation or are they making it worse?
Of course they're making it worse.
Now remember, why interfere with the enemy while they're in the process of destroying themselves?
And they're trying to explain to America that this is going to help them.
But again, it's always the opposite.
Let's go back in time a little bit because remember, Obama was the one who set a lot of this stuff up.
Paul Sperry explains.
He said, in effect, socialists drafted many of the new rules and regulations for Wall Street and the banking industry.
Now their fellow travelers are inside the gates of the giant regulatory bureaucracy they set up, assisting in socially reallocating capital.
Think about that for a second.
So when you start to look at it and you look at what the Fed has done, what the FDIC, Janet Yellen and the rest, remember they're all part of the same system.
Basically, they're backing all of this up.
And actually, Jim Rickards on Twitter explains with a very simple example, and he puts it in layman's terms so everyone can understand, of exactly what they're doing.
He says, I have a 15-year-old car with 221,000 miles on it.
I'm hoping Jay Powell will accept it as collateral at par.
What I paid for it instead of market value, zero.
Worth a try.
That's what they're doing with the underwater bonds in the entire banking system as of tonight.
Wow.
Really think about it.
And like we said from the very beginning, Moody's, they're telling everyone, listen, we're cutting our outlook on the entire US banking system to negative from stable, citing a rapidly deteriorating operating environment.
And they actually said, okay, these six banks...
They're going to be on our, like, warning list here.
And this is First Republic Bank, Zions, Western Alliance, Comicker, UMB Financial, and Intrust Financial.
And I do believe there's going to be a lot of other banks joining this.
And I do believe this has just begun.
And what's very interesting is that Kevin O'Leary...
He actually stunned CNN because he said the decision by Joe Biden to guarantee every deposit in U.S. regional banks, this is basically him nationalizing the U.S. banking system.
And he is correct.
Anyone is holding assets like stocks or bonds in the U.S. bank now needs to reconsider the disappeared line between government and the bank assets.
If the government can assume, control, and backstop every single account balance within the bank, the government can assume and control all activity of the bank.
Remember Canada?
Remember how they froze the bank accounts in Canada?
When the truckers were out there protesting and they had to actually go to the banks and say, hey, by the way, can you freeze this person's account?
And the bank said, okay, let me take a look at it.
Okay, it's frozen.
What do you think they're going to be able to do right now?
They no longer need to ask the bank to take action.
The government has regulatory ability to demand the bank take action.
And then when you really look at the situation and you see this is the first problem in a much bigger problem, actually, where they're moving us into the Great Reset.
They're trying to take complete and utter control.
They're going to try to usher in the central bank digital currency.
What are the people doing?
They're looking at the situation, those who are watching this very closely, and they're saying, OK, now I'm going to protect myself and I am not going to be in the banking system.
Why do you think Bitcoin shot up?
Why do you think all of a sudden people are buying gold and silver?
Think about it for a second.
Sometimes you need to show the people and you need the enemy to do what they do best because this actually pushes people to do something.
If nothing happens in the economy, if nothing happens in the banking system, people just sit there and say, okay, my money's safe.
I don't got to worry.
But when you see something happen, then all of a sudden people go, whoa, wait a minute.
What is going on?
And Trump, during his rally out in Iowa, he said something very interesting.
Take a listen to what he said.
We have now banks that are closing.
Two banks, two big banks yesterday closed.
That's a bad sign.
That could be the beginning.
We have an economy that's in shambles.
Now, Trump, he was talking about the banks, and he said this could be the beginning.
Beginning of what?
Remember, he's been warning us this entire time.
He told us that we're going to be headed towards a 1929 type of crash.
And actually, remember, during this period of time, this moved us into the Depression.
Then all of a sudden, gold was revalued.
They asked for people's gold.
And they didn't allow people to purchase gold anymore.
And then all of a sudden we entered war.
Anyone see the same thing happening right now?
Because Trump has been talking about war.
Everyone see the economy falling apart.
This is what they're trying to do.
And I'm talking about the deep state players, Central Bank, the World Economic Forum.
They're following the same exact playbook.
Trump already knows the playbook.
And once again, it depends on who's in control.
Was the deep state in control of the pandemic?
Well, if they were, you'd be sitting in your house right now, there'd be no food on the shelves, the supply chains would be ruined, everyone would be depressed, and you'd be getting your monthly allotment.
You wouldn't be allowed to leave, you'd be wearing your mask, and you wouldn't be able to visit any relatives.
Is that happening today?
Absolutely not.
So do you really think that they're in control of the financial system?
No, Trump has the people behind him.
He needed the people to push this next phase.
And the next phase is to get us out of the central bank system.
And as people wake up, as more and more banks fail, and the economy gets much worse, because remember what the Fed was doing.
They weren't raising the rates to control inflation.
That was never going to happen.
What they were doing is they were destroying this system.
Trump trapped the Fed, trapped Biden in all of this.
Remember, going back to the very beginning, they thought they were in control.
And as the system collapse, it erodes the trust of the banking system.
It erodes the trust of the Biden administration.
And the more they push, the worse it's going to get for them.
Their credibility is down the toilet right now.
And when people see what's happening, people start to look for a solution maker.
They're looking at a person that said, hey, listen, I told you this was going to happen, But don't worry, we got a solution for you.
Are you with me?
And the people go, yes, I am with you.
Let's get out of this system.
Let's move in a completely different direction.
And I do believe during this period of time, what are people going to do?
As the system breaks down, they're going to look to protect their wealth.
And I do believe they're going to be looking towards other currency.
And what is that going to be?
I do believe it's going to be Bitcoin.
I think it's going to be gold and silver.
And people are going to have an insurance policy against what is coming.
Just like those people that knew what was happening back in the Great Depression, 1929.
A lot of people didn't turn in their gold.
A lot of people buried it.
They hid it for many, many years.
That's how they protected their wealth moving forward.
And I do believe a lot of people now, and it's even easier with Bitcoin, you can actually shift everything someplace else just with a click of a mouse or touch on your phone.
And we can see that this is going to wake a lot of people up and a lot of people are going to start to realize what's going on.
The deep state, the World Economic Forum, the private central bank, they're not in control.
Yes, they're going to bring us down this path because Trump and the patriots, they're allowing them to bring us down this path because sometimes you need to show the people the truth.
You need to show the people the true system and their true motivation.
And as people see the truth, the people then say, we don't like this.
We don't like what they're trying to do.
And this really wakes a lot of people up.
Like we said from the very beginning, when the crisis hits, we all have this in common.
We want to protect our money that's in the bank.
We want to have a job.
We want to be able to pay our bills.
And as the Biden administration, the Fed, and the deep state players that are orchestrating, the central bank that's orchestrating all this, their credibility is going to be going down the tube, just like the CDC, the FBI, DHS, and the rest.
So I do believe Trump and the Patriots, and Trump is letting us know that this is the beginning.
Yes, this is the beginning of taking down the central bank system.
Actually, it started a little while ago, but now people can really start to see what's happening.
And yes, this is going to get a lot worse before it gets better, but I do believe it's going to wake a lot of people up, and a lot of people are going to make a move that they would have normally never, ever made.
Because now they're seeing what's happening.
And now they're saying, OK, I can't depend on the banking system, especially with the rating agencies.
And I'm doing air quotes right now where they're saying that there are problems all over the place and they're warning people.
And yes, people, they're going to protect themselves.
And I do believe that Trump and the Patriots, they're in complete control of this situation.
They're going to use the crisis to their advantage.
And we're going to be moving away from the central bank system.
Is it going to be very easy?
No, it's going to be bumpy.
It's going to be difficult.
Remember, the central bank system is very, very large, very deep, very large.
They have a central bank system in almost every single country, and they've taken over our financial system.
And to leave it is not just like, oh, you throw a switch and say, okay, we're done here.
Remember, they don't want to give up control.
They're going to fight back to the very end.
But think about the strategy that Trump is using.
Is he coming directly at them, or is everything happening under the resident's watch?
Optics are incredible.
And the people are waking up in droves, especially with the banks failing.
Can you imagine if this was happening under Trump's watch?
How well would that go over?
What happens if Trump went directly at the central bank and tried to destroy them?
How well would that go over?
No, allow the Biden administration, Obama in the basement, of course, the world economic form, the central bank, allow them to push the stimulus, allow them to push the Green New Deal, allow them to push the Great Reset, While the people are watching.
Remember, the veil has been lifted right now.
And everyone can see what's happening.
Yes, if they had a war, if they had the actual pandemic, people would be busy doing other things and they would be able to pull this off.
But now they can't.
Because the people see it.
And this is going to be their downfall in the end.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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