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March 22, 2023 - X22 Report
26:32
Ep. 3025a - States & Countries Moving Away From CBDC, [CB] Will Be Trapped In Their Narrative
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Hi
Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 3025A. And today's date is March 21st, 2023.
And the title of the episode is States and Countries Moving Away from the Central Bank Digital Currency.
Central Bank Will Be Trapped in Their Narrative.
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Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the private Western Central Bank, the World Economic Forum, as they push their agenda, they're going to continually lose their power.
What do I mean by this?
Remember, the World Economic Forum, the Central Bank, they're depending on certain leaders to push their agenda.
We have those people that are hiding in the shadows, and then we have the foot soldiers that are pushing certain agendas, and those individuals are...
We have Trudeau, we have Macron, we have Biden, we have many other people in other countries.
And then below them, we have other corrupt individuals that are part of the criminal syndicate.
Now, they're receiving instructions from higher up, which means they need to do certain things to push this entire system that we're in today into the Great Reset, into the Green New Deal.
Now, once again, the higher ups, who are not elected officials, they're part of the criminal syndicate, like the World Economic Forum, Klaus Schwab and the rest, they're telling these individuals, listen, we need to do this or it won't work.
Now, they can go through the rule of law, and I'm talking about Macron, Trudeau, Biden, or as things get tougher and tougher and tougher, they're going to have to go around the rule of law.
And I think we're already starting to see this.
They are becoming desperate because they realize everything that they want will not happen if they go through the rule of law, which means...
As they keep doing this, they're going to lose power as time goes on.
And that has already started.
Think about what's happening out in the Netherlands.
They tried to take the farmers' land.
They fought back, and now they have the majority.
They have a voice.
Look what's happening with Macron in his country.
He decided to use the nuclear option, go around parliament, and push his agenda.
And now his party is now weak because of that.
And the people in Paris, what are they doing?
They are continually protesting.
Garbage is piling up on the streets.
Ports are blocked.
Fuel is running in short supply.
Transportation of essential goods and services have been brought to a standstill.
These are the outcomes of a general labor strike that has been happening in France as a result of what Macron is doing.
So they're going to continue to push their agenda because remember, when Trump came into the White House, he put them behind schedule, he reversed everything that they were trying to do, and now they have accelerated the plan and they're trying to get to where they need to be.
And to do this, they have to go around the rule of law, which the people will see, which the people won't like, and they have to push their draconian policies, which the people do not want.
And that means people are going to protest.
Protest like we've never seen before.
Look what's happening here in the United States.
Biden is out there, and he put this out on Twitter.
He says, I'm issuing a presidential memorandum directing the Secretary of Commerce to consider designated about 777,000 miles in the Pacific Ocean as a new national marine sanctuary.
That would make it the largest oceanary on the planet with the highest level of protection.
So what is he really protecting it from?
Is this all up and down our coast in the Pacific?
Of course it is.
So why is he doing that?
Actually, Tom Fitton on Twitter says, why are you doing this?
Well, is it going to help the commercial fishing industry?
Most likely not.
It will impact that.
How about drilling for oil?
Well, you know, that's what this is for.
Because you know, within the plan that he was just mentioning, it sounds great, but the plan includes offshore wind farming, land and water conservation, and a strategy for reducing international shipping emissions.
So basically, let's translate this.
I just stopped oil drilling, so we will have no more oil drilling in this area.
I'm already designating this area for wind farms in the ocean, and since they're wind farms, that means the fishermen, that entire industry, will not be able to fish there, which means you'll have to eat bugs, which means...
You'll have no oil production, which means we can start moving people to the Great Reset the Green New Deal.
Now, when the people hear this and they start to realize what's going on, do you think the people are just gonna go, hey, this is a great idea?
Or do you think certain industries are gonna start to fight back?
Do you think the people are gonna start to fight back?
I do believe so.
Just like the people are fighting back against the Green New Deal, climate change, and all this, people don't believe it.
They realize that this whole thing is one gigantic hoax, and the entire electrical vehicle push is completely breaking down.
Actually, Reuters put this out, and it's very surprising that Reuters did do this.
They published an article revealing that the electric vehicle revolution might not be as environmentally friendly as automakers claim.
Because a scratched or slightly damaged battery pack could lead insurance companies to scrap the entire car.
The battery right now can't be repaired.
And they cost tens of thousands of dollars.
That's where the actual cost is for the car.
It's not the outside of the car and the wheels and everything like that.
It's actually the battery.
And insurance companies have found that it's uneconomical to replace the battery packs if damaged.
So right now, there's a problem because if you're in a fender bender, if it gets scratched somehow, if there's a leak because something hits it or something happens to it, the entire car, everything is just scrapped.
Is that environmentally friendly?
No, because if you throw away the vehicle at an early stage, you've lost pretty much all the advantage in terms of CO2 emissions.
And if you're charging up your electric car, where do you think the electricity is coming from today?
It's coming from gas, oil, coal.
So that's where it's coming from.
Actually, people are actually charging their cars using gas-powered generators.
That doesn't make any sense.
So this whole thing is falling apart.
The people aren't bored, and they're having a very difficult time trying to push this.
And as this happens, we know what's happening.
The entire economic system is falling apart.
Why?
Because they want to move into the Great Reset.
And more and more companies now, they're laying off people.
We saw Meta, they've laid off tens of thousands of people.
Amazon has cut 9,000 more jobs, bringing 2023 total to 27,000 jobs.
That's just unbelievable.
And we can see that fuel prices are going to move up because of what Biden just did out in the ocean or trying to do, most likely completely unconstitutional.
And we see inflation moving up.
And this is all part of their plan to actually have a controlled demolition.
Remember, raising the rates isn't going to lower the inflation.
This is not 1971 when we came off the gold standard and everything was steady and we had a very small amount of debt.
It's not the same.
And if you look back in Argentina, actually Javier Corrales put this out on Twitter, When you look back at Argentina, they had, at one time, 100% inflation, and this was back in the 90s.
And this is what he put out.
If I had to pick a chart showing what it means to say, we refuse to learn from experience, it would be this one.
I started my career studying Argentina's remarkable defeat of inflation in 1991.
And look at this.
Country is back to 91.
No learning.
And inflation is back to 100%.
Actually, back in the 90s, it reached 200%.
Absolutely unbelievable.
But why does this keep happening?
Because it's the system.
It's designed this way because of all the printing, printing, printing, printing.
That's what you see.
And remember, this is not 1971.
See, in 1971, we came off the gold standard.
We had a very small amount of debt and they were trying to stabilize the fiat currency because it was pegged to something that was stable.
The fiat currency was very volatile.
Isn't that funny how they say Bitcoin is volatile?
You know, gold is volatile.
We have to control that.
Silver, yeah, we got to control that too.
But when the fiat currency came off...
The peg from gold, it was very, very volatile and they had to control it.
This is why they raised the interest rates back then in 1971 all the way up to 82.
It was around 16.4% interest for a CD and 18.45% for mortgage rates because this is how they had to stabilize the volatile fiat currency.
Just like they say Bitcoin's volatile, but is it Bitcoin that's volatile or is it the fiat currency?
Is gold volatile or is it the fiat currency?
Because gold was actually keeping the Federal Reserve note stable.
And the only reason you saw interest rates move up that high is because they had to control it.
This time around, it's very, very different.
This time around, we have an enormous amount of debt.
They brought the interest rates down very, very low because they knew if it was 18%, do you think there would be a complete and utter disaster today?
Even if it's 9%, it would be a complete and utter disaster today.
Why?
Because of the amount of debt, not just with the federal government, that's one reason, but think about it.
Everyone in this country, actually think about the world, most of the people are living on credit.
And a new study came out and U.S. credit card debt has surpassed $1 trillion for the first time in history as more and more Americans have to borrow to get by.
Think about this for a second.
So consumers, they took an additional $92.2 billion in debt last year, the highest single-year amount since 2007.
2007, right before what?
Oh, that's right, the Great Recession.
And the average U.S. household owes about $8,600 on the credit cards.
This is a complete and utter disaster.
And look what Biden has done.
He decided to veto that bill that was going to stop the ESG investing.
And what did he do?
Well, by the way, this is completely unconstitutional, which we'll be talking about in just a sec.
But he's trying to destroy what?
The pensions.
Why would you want to destroy the pensions?
Why would you want this to lead to the destruction of the economy?
To try to usher in the Great Reset, the central bank digital currency.
Because a lot of people, going back in time, they have a lot in their pensions account.
And these people, they're either getting it right now or they're getting ready to retire.
Kevin McCarthy put this out on Twitter, he said the following.
In his first veto, Biden just sided with woke Wall Street over workers.
Tells you exactly where his priorities lie.
Now, despite a bipartisan vote to block his ESG agenda, it's clear Biden wants Wall Street to use your retirement savings to fund his far-left political causes.
Tom Cotton put this out and said, Joe Biden's first veto as president, letting retirement fund managers prioritize ESG scams over the best performing investments.
Why is he playing games with working people's retirement money?
Now, his decision, I'm talking about Biden right now, Biden's decision to veto a bill that would have killed a Labor Department rule on environmental, social and governance investing has effectively seized your pension and expropriated it, directing it to investment in this failed green agenda.
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This is completely unconstitutional but remember how they play the game.
They know it's unconstitutional.
He knows that this cannot be allowed.
Whenever a politician sticks their foot into how to invest money to carry out their own personal political agenda, not only is it unconstitutional, but it is really criminal.
The Fifth Amendment says the following, and I'm going to read the bottom line by the way.
Nor shall private property be taken for public use without just compensation.
The clause was intended to uphold the principle that government should not single out isolated individuals to bear excessive burdens even in support of an important public good.
What Biden and the D's have done is so unconstitutional it is no longer funny.
Anyone who voted for this act is not qualified to be in Congress.
For they obviously are ignorant of the Constitution, which they have sworn to uphold.
So the Fifth Amendment explains it.
They know that this is completely unconstitutional.
And what do you think is going to happen next?
There's going to be lawsuits like you've never seen before.
But remember how they play the game.
Well, we know we have time.
Let's start changing the investment strategy and let's start destroying the pensions.
That's what they want to do.
Now, it might take six months for the lawsuits, it might take eight months for the lawsuits, but this is a pattern that we are now seeing with mayors, governors, and The Biden administration and certain individuals in Congress.
Now, we got rid of those people in the House and the patriots have taken control, but you can see that they are following an agenda and every time they do this, they're putting out a law or they're vetoing a law that is completely unconstitutional.
And they know it.
They knowingly have done this on purpose because they're playing a game with the system, which means these people, as soon as they've done this, I can understand once, okay, it was a mistake.
Let's give them that.
You do it again.
Well, that's unconstitutional.
You were warned the first time.
Now you have to leave your position.
I mean, this is the point we're at right now, where we need to remove these people because they're knowingly destroying the country.
They're knowingly going against the Constitution.
And if they're doing this, the oath that they took...
Well, they just broke it, which means we need to remove them.
And remember, these people are the deceivers.
They are deceiving the people.
They make something sound good so they can usher something in in the background.
What do I mean by this?
Remember when Biden was out there?
Letting everyone know he's going to be going after the billionaires.
Anyone that makes over $400,000, don't worry, they're going to get taxed.
And the little guy, the worker, they're going to be okay.
Now everyone goes, yes, that's exactly what we want.
Actually, that's what they did when the Federal Reserve came into existence and the IRS came into existence.
We're only going to tax the wealthy.
Don't worry about it.
And everyone said, yes, they should pay because that sounds good, doesn't it?
Sounds like they're on your side.
But what happened?
Oh, wait, over time, that was a trick.
Oh, now we got to tax the middle class, yeah.
But the poor, you're still good.
You're with us?
Yes!
Then, a couple years later, what happened?
Well, you know, we're spending a lot of money here, and we're going to have to start taxing the poor.
Now, everyone's taxed.
The same thing is going to happen here.
What are they trying to do?
Well, they can't put more taxes on the people.
That's pretty noticeable, isn't it?
But what happens if they tax unrealized gains?
Even though an asset has not been sold, it's sitting there like your house, your stock investment.
What happens if they tax unrealized gains?
Well, that's exactly what they're trying to do.
By the way, this is completely unconstitutional.
The Biden White House, they want a prepayment of tax obligations On your wealth.
And they're coming after your assets.
Now, they're saying they're going after the wealthy right now, and that is their trick.
And what they're going to do later on, they're going to say, okay, now we're going to have to do the middle class.
Now we're going to have to do the poor.
So what they're doing right now Is they're looking at your assets.
You might have stocks.
You might have a pension.
You might have a house.
And you didn't sell it.
You're just holding on to it.
And they want to pay taxes on the money that you made on, even though you didn't accept it.
Now, this asset can go down.
Stocks can drop, your home price can drop, but they want you to pay on it before you even sell it.
This is what they're trying to do because they realize they need more money to function and they're trying to bleed the people.
Remember, you're enslaved in their system and their system implodes on itself and it gets worse and worse as time goes on.
And this is what they're really doing here.
They're not just taxing people over $400,000.
They want this to be passed into law, which is completely unconstitutional, and they want this to be put into place so later on they can go after every single person's wealth.
Why?
Well, think about the central bank digital currency.
Think about what they're trying to do here.
Now, what's very interesting is that we know that banks hold gold.
They hold, you know, precious metals.
We know that governments supposedly have gold or other precious metals.
And what we come to find out is that Chase Bank, they did an inventory of their precious metals of nickel.
And they found out that they didn't have nickel in the bags.
They actually had rocks.
So they had 54 metric tons of nickel.
That's what they thought they had.
And when they started to do the inventory, they found out they had stones.
Now, the nickel was worth $1.3 million.
And right now, all they have is bags of rock.
Now, I wonder if you start looking at governments around the world, do they actually have gold?
Or do they think they have gold?
That is very interesting.
And Chase better start looking at everything else they have, like all the silver, gold, and everything else, to make sure that that is not just all rocks.
And I'm sure other banks need to start doing this too.
But you can see that the central bankers, the World Economic Forum, they're not even hiding it anymore.
They're already admitting that we're moving to the central bank digital currency.
QTime Network put this out on Telegram, and this is coming from Christine Lagarde.
She's the head of the EU, and she admits that the central bank digital currency is part of a new financial system to be created in which the state rules your spending on behalf of European central banks.
Because when she was doing the interview, she was letting everyone know, we don't want Amazon to create a currency.
We don't want Meta to create a currency.
We don't want people using Bitcoin because that's completely out of our control.
We want a centralized currency that we can control and...
We have the ability to shut you down or allow you to spend.
This way we have full control of what you can do.
And this is pretty much out in the open now.
It's not even a secret.
Everyone thought it was a conspiracy theory.
Everyone thought the Great Reset was a conspiracy theory.
But you can see it's completely coming true right now.
Paul Sperry put this out and said, crisis by crisis, the Federal Reserve lawmakers and regulators are busy designing a financial system that looks a great deal like a national bank.
And that is coming from the First Trust Advisor Chief Economist Brian Wesberry.
So are they trying to create a centralized system?
Banking system?
Of course they are.
That's how the central bank works.
That's how the central bank digital currency works.
They want everything centralized, which I find very interesting because if they do that, they take the power and they remove the power from all the other banks, which is what they want.
It looks kind of scary.
But to shut down their system, is it easier to shut it down when they're all in one place and to shift everything away from them?
Or is it easier to shift away from the system when it's all spread out all over the place and you have to make sure that you can, you know, maneuver around all these other banks?
I do believe the Patriots are waiting for the central bank to remove pretty much as much as they possibly can, centralize as much as they possibly can, because that's an easier target to hit.
Because when you have something centralized, like the central bank, And everything is in one place and one entity controls it, it's much easier to take out than a decentralized system that's all over the place.
And it seems like the Patriots, they're most likely waiting for that moment.
Now we can see that countries now, like China and Russia, they are starting to use national currencies and other countries are coming on board, which means a centralized currency Well, that's going to have quite a bit of problems.
BullionBitcoinBS on Telegram put this out and said, Putin...
We are in favor of using the Chinese Yuan for settlements between Russia and the countries of Asia, Africa, and Latin America.
I'm confident that these forms of settlement in Yuan will develop between Russia partners and their counterparts in third countries.
So they're looking to use their national currencies right now, and that means they're moving away from the petrodollar.
How do you get out of this system?
Well, it seems like it's already being done.
And how do you force the central bankers to centralize everything so you can actually destroy them in the end?
Well, it looks like that is happening.
Because look what's happening here in the United States.
There are many states right now that are saying that we're not going to be using the central bank digital currency.
Florida is one of them.
DeSantis put this out on Twitter and said, the Biden administration's creation of a central bank digital currency is about one thing, control.
I'm calling on the legislature to prohibit the use of so-called CBDC in Florida, protecting Floridians from government surveillance and control of their personal finances.
Now, I do believe Texas is doing this and many other states are going to start to do this.
And you're going to see a lot of the red states start to move in this direction and they're going to be moving away from the central bank digital currency.
This is what needs to be done to move away from their system.
We can't have all the states going with this.
So I do believe it's going to start at the local level.
The people are going to be pushing their states, the legislators, their governors to move away from this.
Of course, the blue states are probably going to go along with this.
But in the end, if they don't get everyone, it's not going to work.
And I do believe Trump and the patriots, they know this.
And you can see now the states are now pushing back.
Countries around the world are going to be pushing back.
And yes, there'll be pockets of the central bank digital currency.
But in the end, for the United States to move into a central bank digital currency, they're going to need the help of Congress.
Congress is going to have to pass a law.
Now, is Biden going to try to create an executive order?
Most likely.
Is it going to be unconstitutional?
Absolutely.
But they know that's going to take time.
But in the end, it will be unconstitutional.
In the end, they will not have what they need, just like with the vaccine passport and the vaccine mandate.
They tried to do everything unconstitutional.
They tried to force people into doing something, and everything was reversed.
The same thing is going to happen now.
And you can see there is a battle of currencies.
No, it's not the battle of currencies of the fiat currency.
It's a battle of the currencies between the central bank and the people's currency.
And in the end, the people are going to win because there's a lot more of us than there are of them.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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