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April 10, 2023 - X22 Report
17:13
Ep. 3042a - The More The [CB] Does, The Worse It Gets For Them, Economic Awakening
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Thank you.
Hi and welcome.
You're listening to the X22 Report.
My name is Dave, and this is episode 3042A, and today's date is April 10th, 2023.
And the title of the episode is, The More the Central Bank Does, The Worse It Gets for Them, Economic Awakening.
Let's talk about protecting our wealth.
The second largest and third largest bank runs in history happened last month.
The government is taking steps to guarantee old deposits.
That means more money printing.
Thousands have approached Noble Gold Investments to secure their wealth with gold.
Gold is the most stable asset outside of government control.
Hurry and go to x22gold.com to secure your wealth.
Bag a free 5-ounce America and the beautiful coin if you qualify.
That is x22gold.com, x22gold.com.
And if you don't see the link in the description, click the description button or the more button, then click on the link.
And remember, there's always a risk of investment and there's no guarantee of any kind.
Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the private West Central Bank, the World Economic Forum, the more they do, the more they try to bring us into the Great Reset, the Green New Deal, the worse it gets for them.
Why is that?
That is because the veil has been lifted and the people around this country and around the world can see exactly what they're doing and as the economy breaks down And the economy continually moves into a depression because I do believe that we're already in a recession.
The people are going to wake up and they're going to understand that this was a controlled demolition, that the World Economic Forum, the private West Central Bank, the deep state players, they're the ones who caused this problem.
And the people, as the economy continually falls apart, this is a wake-up call to every single person.
And I do believe that's exactly what we're experiencing.
And at the same time, we see the patriots Weakening the central bank as we move along, as nations move away from the Federal Reserve note, as they go back to their national currency, and I do believe the next phase they will be backing their currency with gold, this is going to weaken the entire central bank system.
All of it has to happen at the same time and it can't be happening while Trump is in the White House because you're now destroying the central bank system.
You are now weakening the central bank system.
Can you imagine if that happened under Trump?
It wouldn't go too well.
Think about what they tried to do to him during 2019-2020.
They tried to bring the economy down around him and they wanted everyone to blame him.
He turned the tables on them, and now everyone is going to blame them.
And at the same time, he has the ability to shift everything away from the central bank while Biden is doing this.
So everyone's watching Biden, Obama in the basement, Soros and the rest, and they're saying, whoa, look at this.
All these nations are moving away from the Federal Reserve note.
Wow.
As they do this, the entire system is completely imploding on itself.
And as they do this, we can't make ends meet.
We're losing our jobs.
We have to live on credit.
We can barely afford to pay our bills.
We can barely afford to pay our minimum payment on our credit card because we've run up our credit card because we don't have a job.
Inflation's killing us.
And who's responsible for all this?
This goes all the way back to who?
Biden.
Obama in the basement.
The World Economic Forum.
The Central Bank.
And this is exactly what we're seeing right now.
Right now, American consumers, they're continually piling on debt.
And they're realizing that they can't make ends meet.
Now, what's happening is, as they continually pile on debt...
They're going to max out their credit cards.
And as they max out their credit cards, the amount that they are borrowing is going to slow, which means they're not going to be spending money out in retail, which means this is going to add to the recession.
And when you look at the overall consumer debt, it grew by 15.3 billion in February, a 3.8% annual increase.
And right now Americans owe a record 4.82 trillion in consumer debt.
And the Federal Reserve consumer debt figures include credit card debt, student loan, auto loans, but do not factor in mortgage debt.
When you include mortgages, U.S. households are buried under more than $16.9 trillion in debt.
And what we're seeing right now is the people, they're maxing out their cards.
They're not spending as much.
They can't pay them down.
And this is going to be a huge problem as we move forward.
Now, the other thing that's very interesting is we could see inflation now is picking up.
Median inflation expectations, they increased by.5 percentage points at the one year ahead timeframe to 4.7%.
This is the first increase in the series since October 2022, which means inflation is on the rise right now.
Fuel prices are on the rise right now.
This is going to be a complete and utter disaster in the end.
And once again, the Biden administration from the very, very beginning said, oh, inflation is going to go up.
It's going to come right back down.
It's not going to be a really big deal.
But the people are experiencing something completely different.
And it doesn't really matter what the percentage numbers say, because when people go to the store, when people go to buy fuel, when people...
Pay their electric bills.
They can see the difference.
They can see, wow, everything's gone up.
Even with insurance, insurance is skyrocketing right now.
So the people can see the difference now.
I mean, the news and the financial pundits, they can say, hey, listen, it's up by 2%.
It's up another 3%.
And it's up another 4%.
But the people, when they go through real life and they have to take the dollars that they earn and use it to purchase certain things, And they realize that they're left with very little dollars.
They understand that there is inflation.
When you go to the gas pump and you say, okay, last week I spent $60.
This week I spent $70.
The tank didn't change.
My car didn't change.
The only thing that changed was the cost of fuel.
This is what people notice.
And in the end, the people are going to realize, wait a minute, who's responsible for this?
What are they doing to help the situation?
Everything that they told us is a complete and utter lie.
And now we're in trouble here, especially with all the layoffs that are happening.
But look what's happening.
You can see that the D's, the central bankers, they are now pushing other ideas.
And this is coming from Jason Rance on KTTH Radio.
He put this out in a tweet and he says...
As predicted Democrats introduced a new illegal income tax because the Washington Supreme Court redefined the term.
They're now pushing an excess compensation tax on specific jobs they think earn too much money.
Wait a minute.
So now they're going to make the decision of who gets taxed more?
Let me just read a portion of this.
The so-called excess compensation tax come from SB 5767, sponsored by state senators Christine Rolfe and Emily Randall.
It would pose a 7.5% excise tax on hospital administration jobs that Democrats deem overpaid.
Let's talk about protecting our wealth.
The second largest and third largest bank runs in history happened last month.
The government is taking steps to guarantee old deposits.
That means more money printing.
Thousands have approached Noble Gold Investments to secure their wealth with gold.
Gold is the most stable asset outside of government control.
Hurry and go to x22gold.com to secure your wealth.
Bag a free 5-ounce American, the beautiful coin, if you qualify.
That is x22gold.com, x22gold.com.
And if you don't see the link in the description, click the description button or the more button, then click on the link.
And remember, there's always a risk of investment and there's no guarantee of any kind.
The bill defines excess compensation as one that exceeds 10 times the average annual wage of workers statewide.
As published by the Employment Security Department, the tax revenue would be used to advance health equity and fund abortion.
Since when is it the business of the D's to determine what salaries are in excess?
In excess of what?
Some subjective number determined by a mix of independently wealthy lawmakers who know they can write themselves out of future taxes and middle-income activists who know they'll never be subject to the tax.
This is a blatant abuse of our system of government and a dramatic overreach.
But don't expect the current makeup of the Supreme Court to intervene.
And this is what they're doing.
And you're going to see a lot more of this, especially in the blue states.
And this is what happens when a system breaks down.
Remember, what are they pushing right now?
They're pushing the whole model of inclusive, the ESG, the Green New Deal, you name it.
This is going to factor into what they do.
Plus, you add in all the carbon tax and everything like that.
It's a recipe for an utter disaster in the system.
And I do believe this is what people are recognizing and this is what people are noticing right now.
That as they push this, this is not helping their situation.
This is actually going to make their situation a lot worse.
And you're going to see companies really start to decline.
And you're going to see the stock decline.
You're going to see the companies, they won't be able to function in the end.
And people are going to recognize this and see this and see it very, very clearly as this happens.
So as the central bank, as the deep state players continually do more, this is not going to help them.
This is going to hurt them.
Now, once again, if there was a cover story, if there was a pandemic that continued on, if there was a war, yes, they would be able to usher this in with absolutely no problem because the people wouldn't really care.
But since we don't have any of this and the veil has been lifted and people can see exactly what's going on, this is going to be a major, major problem for them.
Actually, if we go back to 1971, when they were pushing the idea that there were speculators in the market and we had to come off the gold standard, there was no social media, there was no internet.
All you had was a couple of news stations and they told you what was happening.
And most of the people just believed it.
They believed that we had a gas crisis.
I mean, we had a gas crisis.
They said we're running out of fuel, but here we are.
How many years later?
Over 50?
And did we run out of fuel?
No, we did not.
That was the excuse back then because they were moving us from the gold standard onto the petrodollar system.
The speculators was an excuse to create an event to allow them to move us out of that.
Today, they don't have that ability.
Today, we have...
We have social media.
We have the internet.
We have other people researching all this information.
And this is going to make it very, very difficult for them, especially when you remove the cover stories.
Now people can see very, very clearly.
They're not afraid.
They're not panicking.
They can see exactly what's happening and they know who to blame.
And this is going to be a huge problem for them.
And this is why they're having a very difficult time right now pushing their Green New Deal, the Great Reset, because the people, they are now in the middle of an economic awakening where they see what the Central Bank, the World Economic Forum, has in store for them.
This is why the Cato Institute did that research on the Central Bank Digital Currency and the people are rejecting it because, listen, the people now see that, hey, if we go into your Central Bank Digital Currency, We understand that you're gonna try to control what we spend on.
If you don't like what we're saying, you can shut us down.
And the people are starting to realize this.
And in the end, this is not going to work out well for them, especially as the system comes down on their watch.
As countries move away from the Federal Reserve note, and remember, it is a Federal Reserve note.
It's not a U.S. dollar.
It's not created by we the people.
It's created by a corporation.
We're borrowing that currency.
And yes, there's interest attached, and yes, they expect us to pay it back with taxes.
And as countries now move away from the Federal Reserve note under Biden's watch, under Obama in the basement and Soros, all eyes are on them.
What are you doing to stop this?
I mean, really think about the everyday person.
They're watching this play out.
They really don't understand what's going on.
All they hear is, wait a minute, countries are moving away from the Federal Reserve note?
They don't want to use the US dollar because that's what they think it is.
They don't want to do business with the US dollar.
What does that mean for America then?
Does that mean we're going to have major problems here?
And this is what people are watching right now.
People are saying, well, this doesn't make any sense.
Why doesn't he do something?
Why doesn't he stop it?
Remember, their goal, and I'm talking about Biden, Obama, and the rest, the central bankers, their goal is to destroy their old system and to bring us into the central bank digital currency.
Trump and the patriots, they knew this.
The rest of the country who are watching all of this, who maybe not researched any of this, all they're seeing is Is that they're doing absolutely nothing to stop this and countries now are moving away from the Federal Reserve note.
Even France is saying, you know something, maybe we need to move away from the Federal Reserve note.
And that's what people are seeing.
So the optics are very, very good.
And as this happens, it weakens the central bank system.
It weakens their hold on the world.
Now, I do believe Trump and the Patriots, they knew that this was going to play out this way because they were going to bring us into the Great Reset, the Green New Deal.
They also knew that most of the country, they weren't really looking and investigating, you know, what the Federal Reserve note really is.
All they see is that the Biden administration is doing absolutely nothing.
And they're questioning this.
And the people are saying, well, what does this mean?
Why are we having bank failures right now?
But in the background of all this, we can see that it's weakening the central bank and on the surface level, all people see is, hey, you're to blame for this because this is happening under your watch and you're doing nothing about it.
So Trump and the Patriots, they have the best of both worlds right now.
They're bringing the central bank to its knees and the people are going to be getting angry at the Biden administration because what do you think happens when the countries don't keep the dollar in reserves anymore?
They come back to the United States.
If it comes back to the United States, what happens?
Are we going to see inflation?
Are we going to see major problems?
Of course we are.
But remember, the central bank, their entire plan is to destroy their old system and create a new system.
And I do believe at the right moment, at the right time, Trump and the Patriots, as the people are watching this and saying, this doesn't make any sense, why are we seeing inflation going crazy?
What's going on here?
This makes no sense whatsoever.
Why are states now passing bills that say, hey, listen, we're going to peg our currency to gold or Bitcoin or both?
What is going on here?
I do believe Trump, the patriots, they're going to step in and actually they're going to say, listen, this is what we need to do.
We can continue down this course, but we're in a recession, heading into a depression, or we can save the United States by issuing a new currency.
Not the central bank digital currency, but a currency that will build confidence.
And I do believe this is exactly where we're headed.
And I do believe Trump and the Patriots, they have planned for this.
And they know the playbook.
They know that this was coming.
Just like back in 1971, they were moving us off of one system onto another.
We're moving off of their old system and they're trying to bring us into the new system.
But I do believe Trump and the Patriots are going to move us to the right away from where they want to bring us.
And they're going to bring us down a completely different path.
And the people are going to see this and the people are going to be with Trump and the Patriots saying, yes, we need a incredible solution to save our economy and to build confidence.
This is the direction we need to go in.
Because this entire period of time, what has Biden done?
Nothing.
He let this happen.
What has Obama done in the basement?
Nothing.
They let this happen.
What did the Federal Reserve do?
Nothing.
They let it happen.
They didn't control inflation.
They didn't keep fuel costs down.
They didn't keep everyone employed.
This is what people are going to see in the end.
And it'll be very, very easy for people to make the final decision of where this economy goes.
Listen, everyone.
Thanks a lot for listening.
Be well, be safe, and especially be prepared.
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