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March 15, 2023 - X22 Report
26:14
Ep. 3021a - Fed Trapped, Centralized Banking Imploding, Decentralized Financial System On The Rise
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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 3021 AM.
Today's date is March 15th, 2023.
And the title of the episode is Fed Trapped, Centralized Banking Imploding, Decentralized Financial System on the Rise.
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Now, the deep state, the corrupt politicians, the central bank, the World Economic Forum, everything that they're pushing is completely backfiring.
The people are waking up, the people are thinking logically, and the people are not going along with what they're trying to do here.
Now, do you believe Trump and the patriots?
They have trapped the Fed in their own game.
Think about what's been happening with the banking system.
Think about the pandemic.
Think about them pushing forward with the Great Reset, pushing forward with the Green New Deal.
This was all done to expose their entire plan to the American people and to the world.
So the people would be able to see exactly what they're trying to do.
And if you really look at it, you can see the polls now.
They're not in the favor of the World Economic Forum.
They're not in the favor of the private West Central Banks or the Biden administration.
The people now are waking up and they're starting to realize these people are sick.
There's something wrong with them and the agenda that they're pushing is not going to happen because the people around the world are not going to allow it to happen.
And we can see with the implosion of the banking system, we see that people now are starting to realize this financial system that we're in, their illusionary central bank system that we're in today, it is not stable.
The centralized system doesn't work.
It doesn't benefit the people.
It only benefits a small percentage of people.
And now people are looking at the decentralized system Financial system.
And that is on the rise.
And we're going to see a lot more of this as time goes on.
Because what is this all about?
This is about destroying the private Western Central Bank system, destroying the World Economic Forum, destroying everything that they put into place.
And the only way to do this is to have people experience it and understand it.
And yes, allow the deep state, the Central Bank, the World Economic Forum to push their crisis.
Because with a crisis, people are going to want answers, answers that make sense.
Now, the only way they make sense is that they need to see the true agenda of the Central Bank and the World Economic Forum.
And I do believe this is exactly what's happening, just like the people are seeing the true agenda of climate change.
We'll be getting to that in just a sec.
But first...
Think about what the World Economic Forum really wants to do here.
The Central Bank really wants to do here.
They want to bring us into the Great Reset, the Green New Deal.
And what do they need to do?
Well, they need to create events and destroy our food supply, our fuel supply, and everything that we know.
Actually, our currency today.
They need to remove everything to bring us into their new system.
And you can see this is what they've been trying to do for a very long time now.
Normally...
They would do this with the cover of an event.
They would do it in the background.
You wouldn't know it.
You wouldn't really see it because you'd be too busy worrying about rebuilding after a war.
You'd be too busy worrying about the death of your relatives.
You'd be too busy worrying about something else.
But now the veil has been lifted and we don't have those cover stories.
So they're doing everything out in the open and it's becoming harder and harder for them as they push forward.
Think about all those fires that we had in the different hen houses that affected the eggs, the chickens.
And now we come to understand that Tyson food, they're going to be closing two chicken plants, which is affecting hundreds of workers, actually thousands of workers in Virginia and Arkansas.
And what they're really saying here is that they need to close them because there's a drop in sales over the past year.
Now, what did they push over the past year?
The bird flu?
Did they scare people?
Did they make everything way too expensive?
I do believe so.
And now they want businesses to shut.
Just like during the pandemic, they wanted to consolidate all the small businesses into the larger businesses.
So they made sure that the big businesses were open and the small businesses were shut down.
Now what are they doing to the food supply?
Well, they're burning down These chicken houses where they produce eggs and we use chicken and meat.
And now, with the bird flu, as they're pushing that, they're making it harder for these companies to stay in business and they have to start closing up shop.
And the economy definitely is not helping.
And as they continue to do this, they're trying to shut down our food supply.
This is part of their plan, but is it going to work?
No.
Because the people aren't buying what they're selling.
Yes, you might see certain businesses closing.
You might see things burning down.
But think about the pandemic.
Did you see countries pushing a vaccine passport?
Do we have them today?
No, it doesn't mean the deep state's not going to push their agenda.
They're always going to push and push and push until the very end.
Because it's a game to them.
Let's push and let's see how people react.
But there was a recent poll on the climate change, and 60% of voters agree that climate change has become a religion.
Well, I'm going to say it's been a cult for many people because they believe in the climate change.
And at this point, with this poll, you can see that the people, they're not going along with this.
They don't believe climate change is a problem.
It's a religion of crazy individuals pushing an agenda to bring us into the Green New Deal.
And if you notice these polls, they're not in favor for the world economic form of the private central bank.
And as time goes on, you're going to see these numbers continually climb because what is everyone seeing today?
They're seeing all of this exposed and it's getting harder for the deep state.
It's getting harder for the world economic forum.
It's getting harder for the fake news to try to convince the people that, hey, what we're telling you is true.
The people aren't buying it anymore.
And now they're seeing the entire financial system completely imploding on itself.
And they're seeing layoffs left and right.
Remember, they told us in the very beginning, I'm talking about the Biden administration, the central bank.
The Treasury, they told us everything was going to be fine.
The economy's strong.
Everything's great.
But when you start to see everything start to fall apart and you see more and more companies laying off like Meta, they're going to lay off 10,000 more workers now.
I guess Meta is not doing it, you know, putting us in a virtual world.
People aren't buying what they're selling.
And now these companies are laying off left and right.
Remember, these individuals from the very, very beginning, they told us that inflation would be temporary.
And we had Biden out there, we had Jen Psaki out there, Janet Yellen, we had Powell.
They all told us that it's temporary.
Don't worry about it.
Well, they also told us we're going to be coming off the gold standard back in 1971, and that was going to be temporary.
Well, it seems that inflation right now has been above 5% for almost two years.
That seems odd because when he came into office and I'm talking about Biden, inflation was at what?
1.4%.
So what's the temporary meaning to them?
Does that mean 70 years?
Because I think that's what they're really trying to tell us.
We all knew it wasn't temporary.
But once again, we have the fake news.
We have Jim Cramer out there.
They're all reporting that the Fed is on the cusp of a soft, safe landing.
It's in its inflation fight.
Now, does anyone really believe this?
Or do you think inflation is going to pick up with this banking problem that we have today?
Well, I think it's going to pick up.
And I think the Fed now is trapped in what they're trying to do here.
Remember, raising the rates...
We're never going to lower inflation.
We have energy inflation that's picking up.
Inflation is, yes, it's going to get worse over time.
And it doesn't matter what the percentage is, because what do they do?
They manipulate the percentage.
You can see it when you go to the store.
You can see it when you purchase items.
People who are on a fixed income, getting a paycheck every single day, They know how much they need to live.
And when things go up, they can see the difference very, very clearly.
And it doesn't matter if it says 2%, 5%, 8%.
If they're losing money every time they go to the fuel pump, if they're losing money when they go to the store and they have left less and less in their pocket, they know.
They know there is a problem.
Just like they know there's a problem in the banking system.
And those people that didn't know, they're waking up to it now and they do know.
I mean, think about the Silicon Valley Bank, the Signature Bank, and now we have all these other banks that are on a negative watch list from Moody's.
But when you start to look at it, you can see what these banks have been doing.
They're the woke banks.
These weren't really banks that were looking to make money, protect people's money.
These were woke banks.
The employees in these banks are a complete and utter joke.
They weren't managing the banks correctly.
And I do believe what was really happening was they were using these systems to most likely launder money in and out.
And if you really start to think about it, we'll be discussing this a little bit later.
Why did the Biden administration decide to protect the depositors?
All depositors.
I'm not just saying those who had $250,000 or less, but all of them.
What would be the reason for that?
Who were the other players in these banks?
There's always a reason they do this.
It might seem like, oh, they're doing it for you, but there's always a reason why they're doing this.
Now, of course, in the long run, in their agenda is to actually take control of the system.
But once again, why did they make the decision to go all out and protect everyone in these specific banks?
And yes, it's going to spread to other banks now because we can see other banks are falling apart.
They did it because I do believe that these banks were involved in their money laundering schemes and they had to protect those individuals.
And of course, they had much more than $250,000 in their accounts.
And this is why I do believe they don't really care that much about the bank itself.
See where I'm going with this?
Doesn't matter if the Department of Justice, doesn't matter if the SEC investigates the banks.
They don't care about the banks itself.
They care about those people who were involved in the bank who might have accounts in the bank.
It's another part of their scam.
But we could see what these banks have been doing.
If you look at the Silicon Valley Bank, they pledged nearly $74 million to Black Lives Matters.
Hey, if they didn't pledge $74 million to Black Lives Matters, they could have used this, hey, maybe to prop up their own bank.
Or if they used $74 million, why didn't they help the homeless in America?
And that's not the only bank that sent money to Black Lives Matter.
We have JP Morgan, $30 billion to Black Lives Movement and Related Causes.
It's almost like they were pushing the agenda by paying these organizations.
What about Bank of America?
18 billion.
Goldman Sachs, 10 billion.
Exelon, 3 billion.
Fifth Third Bank Corp, 2.8 billion.
Starbucks, 1.6 billion.
Now, can you imagine if they took all this?
What was it, like 68 billion or something like that?
Or 60 billion?
What happens if they use this to help the homeless around America?
What happens if they use this to maybe rebuild the infrastructure of America?
Instead, it went to these...
These movements, these activist movements, it looks like they've been pushing a certain agenda.
And now these banks are going to be in trouble.
Even the bigger banks, they're going to eventually be in trouble.
But remember, their agenda is to consolidate.
Their agenda is to move us into the central bank digital currency.
Their agenda is to take full and utter control.
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And now we see First Republic Bank.
They're downgraded to junk by S&P. Because there's an elevated risk of deposit outflows and it's getting worse and worse as time goes on.
And when you start to look at the individuals that were heading up the Silicon Valley Bank, well, we had an Obama official, Hillary donors, improv actor.
I mean, this is just one gigantic joke when you really start to look at it.
And like we said from the very beginning, we have the DOJ and the SEC. They're investigating the Silicon Valley Bank, and I don't believe the deep state players really care about the bank itself, the structure of the bank and what they did there.
They only care about certain accounts within the bank, and that's what they're trying to protect right now.
And what is the DOJ and the SEC going to find out?
Oh, yeah, bad calls.
They didn't do the right thing.
They weren't paying attention.
They were too woke, and they were too worried about diversity, inclusion, and everything like that.
But think about what Biden, the Treasury did very, very quickly.
They went above and beyond What the FDIC can cover.
And they did it on purpose.
But you see throughout all of this, the Fed now is trapped.
The Fed created this problem.
Actually, the Biden administration, the Fed, all of them, they created this problem because we know they're trying to bring down the system.
It's a controlled demolition.
Steve Cortez put this out on Twitter and said the following.
So the Fed finally finds religion and raises rates to fight the systematic inflation and help to create.
But at the same time, the Fed will now protect banks from the effects of higher rates.
The only beneficiaries?
The oligarchs.
Absolutely.
And now people are starting to understand what is happening right now.
And as you look throughout the country, you can see what their agenda has been.
They don't want any other currency except the central bank digital currency.
Yes, they're positioning themselves for this and they're positioning themselves to make sure that there are no other currencies.
They've taken control of gold and silver.
They've been using the paper market for a very long time.
The problem with Bitcoin is it's very difficult to control.
it's very difficult to control like gold and silver.
They haven't had the same amount of time.
It's electronic, it's easier for people to go ahead and transition, and it's easy for people to use in stores to get paid and everything like that.
So what they've been trying to do is they've been trying to have states right now pass certain bills where they can basically say, Bitcoin is not money.
They're trying to redefine money.
And what's very interesting is that South Dakota Governor Kristi Noem, she was on a broadcast with Tucker Carlson and she said there was a bill that was passed in her state house and Senate and she had to veto it because it changed the definition of money and it banned non-government issued cryptocurrency like Bitcoin.
And when you look around the country, you can see there are many states that are trying to push this.
And there's a reason why they're trying to push this, because they need to basically outlaw Bitcoin and say it is not money.
And the only money that you can use is central bank digital currency.
And this is why they've been pushing a lot of states to do this, to push this bill that redefines money.
Actually, if you really think about it, during the pandemic, during pretty much everything that we've seen, what do they do?
They redefine everything.
And when you start to look in the dictionary, you start to see everything being redefined.
Oh, we're gonna redefine a vaccine.
We're gonna redefine a woman.
We're gonna redefine money.
This is what they do to try to bring us into this new system.
But is it going to work?
I don't believe so.
I do believe the crisis is going to hit.
And as the crisis picks up speed, people are going to start to realize what's going on and they're going to make moves to protect themselves.
And remember, Trump told us that this crisis that we're witnessing or what we're going to witness because he made a prediction, it's going to be like 1929.
And what's very interesting about that is that Elon Musk actually came out and tweeted that the current financial crisis faces in the United States Is similar to what happened in 1929.
Which led to the stock market crash.
Now, that's interesting because Trump predicted this back in 2020.
Elon Musk is saying the same exact thing, and he was responding to Cathie Wood.
Now, Cathie Wood, she put this out on Twitter, and she said the following.
While the U.S. banking system was seizing up in response to bank runs threatening regional banks, Bitcoin, Ethereum, and other crypto networks didn't skip a beat.
Instability in the banking system threatened stablecoins, the on-ramps to DeFi, in stark contrast to regulatory rhetoric.
Instead of blocking decentralized, transparent, audible, and well-functioning financial platforms with no central points of failure, regulators should have been focused on the centralized and opaque points of failure looming in the traditional banking system.
Let me just stop there for a second.
Think about it.
They've been going after Bitcoin, going after cryptocurrency.
We need regulations.
We need this.
And look what's happening.
The centralized system, that's the system that's falling apart.
Why were they going after the decentralized system?
Because they knew the decentralized system is stronger.
Think about it.
Go back to the founding fathers.
Did they create the United States under a centralized system or was it decentralized?
It was decentralized and it started from the bottom, from the towns, from the cities to the states, then to the federal government.
And the deep state, the central bank, they all know this.
They know a decentralized system is very strong.
Let me continue.
They should have been all over the crisis that was looming in plain sight.
Asset and liability duration mismatches as short rates soared 19 fold in less than a year and deposits in the bank system were falling on a year over year basis for the first time since the 1920s.
And this is when Elon Musk said a lot of current year similarities to 1929.
So ahead of the Great Depression, public utility holding companies were criticized for unscrupulous actions leading to Congress passing an array of federal regulations aimed at stabilizing the markets.
The Fed, on its part, overlooked the situation and did nothing to prevent the wave of bank failure, similar to Wood's observation under the current dispensation.
This time around, the regulators are observed to be making efforts in trying to curb the situation.
The Fed, the Treasury Department, and the FDIC have all rolled out plans to safeguard depositors from the ongoing.
However, there is no clarity as to how the situation will be resolved.
Well, the reason why there's no clarity right now is because they don't want you to know what they're planning to do.
They're planning to use this crisis as it continually builds and builds and builds to bring us into the central bank digital currency.
But I do believe Trump and the patriots, they're going to be pushing a different agenda because think about it, the credibility of the Biden administration throughout this time.
And I do believe this was done on purpose.
If you know the playbook of the central bank, the World Economic Forum, you can use it against them.
And think about this.
From the very beginning, when Trump came into the White House, he reversed everything that they were trying to do.
He brought back industry, placed tariffs on China, brought unemployment very, very low, brought fuel prices very low.
We were energy independent.
He did all this so that people could see this very, very clearly.
Then when the Biden administration came in, what happened?
Well, he started to reverse everything that Trump was doing, and then he lied about it.
Remember, inflation is transitory.
Fuel prices are going up because of this, that, and the other thing.
We don't have to worry about the banking system.
This is just a one-off thing.
And now we see other banks completely falling apart.
What Trump did during this entire process, he made the Fed, the Obama administration, lose credibility over time.
Because over this period of time, They continually lie and lie about the situation and the people realize that they're lying about the situation and as the situation gets worse and they continue to lie, what happens to their credibility?
It completely disappears.
And this is exactly what we're seeing, because in the end, what's going to happen is no one is going to believe them.
Now, think about all the things that Trump told us.
He told us you can expect the stock market to crash.
You can expect a 1929 type of crash.
You can expect all of these things to happen.
They're losing, and I'm talking about the Biden administration, Obama in the basement, World Economic Forum, the Fed.
They're losing credibility.
Trump is gaining credibility.
And I do believe that people are really starting to see the difference.
And they're starting to see the difference in currency, in a decentralized system, and how important gold is, how important it is to be out of the system.
Luke Broyles put this out and said the following.
Last seven days, market started pricing odds at 50 BPS, hike near zero.
FDIC invalidated $250,000 limit.
Fed now lending against own bonds at par.
Fed now operating at a loss.
Banks gone under.
Bitcoin making new highs for 2023, most of 2022.
I'm getting alarmed.
And this is what people are seeing right now.
And we can see what we're witnessing right now is the collapse of the central bank system.
The system was never designed to help people.
It only helps the top.
You could say it's the 1% or so.
And right now the central bank is being exposed for all to see.
And as we keep going through these different crises leading up to the main one, they're going to continually lie.
Because remember, Joe Biden told us the banks are fine.
This is just don't worry about it.
We got it under control.
And then all of a sudden you see other banks being downgraded.
You saw another bank collapse.
You're probably going to see more banks collapse.
So what are people going to say?
Oh, wow, I believe him now.
He's telling the truth.
Or are they going to say, wow, he lied once again.
That's what people are witnessing right now.
Now, let's take this to the next level.
When the system starts to fall apart and more and more people are being laid off, more and more people are losing their money to live and the wages aren't keeping up with inflation and people can make ends meet.
And the system completely breaks down.
Are people going to believe Biden, Obama, the World Economic Forum?
No, they're not going to.
Trump is going to tell you what we need to do.
Here's a solution.
He already told you what was going to happen.
Now he's giving you solutions.
He warned everyone.
So I do believe in the end, when the main part of the crisis hits, The people are going to hit the economic precipice.
They're not going to believe the D's who are running things.
They're going to believe Trump who warned everyone of all of these things and then gave solutions to solve these problems, which means the people will be behind him and he'll be able to shift this in a completely different direction.
And it's not like 1971.
1971, we didn't have social media.
1971, all we had was the fake news and they called the shots.
That's where everyone got their information.
Today, everyone's not getting their information from the fake news.
They're not getting it from the newspapers.
They're getting it from other sources.
It's very difficult to control the narrative this time around, and they will not be able to.
And Trump, when you look at it, he's following in the footsteps of Andrew Jackson, which we'll be talking about in the second part of this report, in the political part.
But you can see that his moves, they're countermoves to everything the deep state, the central bank are trying to do.
And I do believe in the end, He's going to destroy the central bank system because we're already witnessing it right now.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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