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April 13, 2023 - X22 Report
19:14
Ep. 3045a - Right On Schedule, Fed Confirms Recession, Crisis Event Expected, Patriots In Control
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Welcome to the podcast.
Welcome to the podcast.
You're listening to the X22 Report.
My name is Dave and this is episode 3045 AM. Today's date is April 13th, 2023 and the title of the episode is Right on Schedule, Fed Confirms Recession, Crisis Event Expected, Patriots in Control.
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.
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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, they are finally admitting that, yes, we're going to be entering a recession.
Now, I do believe that we're already in a recession.
And of course, what they normally do is they tell you after the fact.
And I remember Trump saying going a while back that the recession is going to be the nice word.
And I do believe this is exactly what's going to happen, because when you look back in time, And you see what the Fed has done.
Every time they raise rates, that brings the economic system down.
And on top of that, they want to bring us into the Great Reset the Green New Deal, which means they just can't have a recession.
They need to have a collapse of the system.
But look what's happening around the world.
You see the nations around the world moving away from the Federal Reserve note.
So is this just going to be a normal recession or is this going to be something much, much larger?
And are we going to have a crisis that we've never seen before?
I do believe that's exactly what is coming right now.
Trump and the Patriots, I do believe they're planning for all of this because this will give them the opportunity...
To move us from the central bank system into the new people system.
And as the central bank of the World Economic Forum, as they continually push their agenda around the world, the world is waking up and they're calling them out on it.
And this is why I do believe Trump and the Patriots wanted the veil lifted so everyone can see exactly what they're trying to do.
And that's exactly what's happening.
I mean, look out in France right now.
They're French.
They're out there again.
There's a sea of people in Paris on the eve of the decision of the Constitutional Council over the pension reform.
And the people are continually protesting.
And I do believe this is going to really pick up when the economic system breaks down worldwide.
Remember, it's not just here in the United States that we're having a recession.
This is going to happen worldwide.
And as the deep state, the central bank, the World Economic Forum, as they continually push their agenda, this is what's going to wake people up.
I mean, let's take, for example, the Green New Deal.
The people are no longer believing that we have a climate change problem.
They think this whole climate change thing is more of a religion than anything else.
They don't believe that we have a problem.
And actually, if you look at all the predictions going all the way back in time, none of them have come true.
And everything that they told us is a complete and utter lie.
But they're not going to stop trying to bring us into where they want us to go.
Because they know if they stop right now, what would be the reason?
They'd have to explain it.
So they have to continue on by pushing us to where they want us to go.
And this is when the people start to really wake up.
If you look at the U.S. auto industry, right now it's kind of private.
Actually, when Obama came into power and he had the government take over a lot of the auto industry, people were very worried back then, saying, wait a minute, the government's going to own these companies?
That doesn't sound like...
A free market.
That doesn't sound like we're in a capitalist system.
And actually, in the end, what they really wanted to do is they wanted to control all of it.
And you can see exactly what they're doing with the U.S. auto industry.
Right now, it's private.
But as the EPA, the Environmental Protection Agency steps in, what happens?
They're going to say, listen, we need you to abide by these new vehicle admission standards.
We're going to force you to do this.
You have to produce it in a certain way.
You have to produce electric.
And it seems what's happening right now that these auto manufacturers, they're slowly going to become a de facto state-directed utility.
And it seems that's exactly what they want.
Remember, they want complete and utter control.
And they're trying to push this.
And this is the whole reason for all this.
They don't want people traveling all over the place.
They don't want people on planes traveling the world.
They want them controlled.
They want them in one location.
And if you do something wrong, it's very easy to control you.
Because throughout the electric grid, they can turn things on and off.
Hook that to the central bank digital currency.
They have complete and utter control.
But I don't think the people are going to go along with this plan already.
We can see from the Cato Institute with many different surveys that people are rejecting the central bank digital currency.
They're watching the fiat currency implode on itself and people are starting to learn and understand what inflation really is because when you have inflation...
Spanning back, say, to the 70s, moving forward to today, it's very, very difficult to see because with each generation, you say, hey, this is something you just get used to.
It happens very slowly.
Don't worry about it.
Your money's worth less and less every single day.
But when it happens very, very quickly, like it is today, people can see the difference.
People can see it in your grocery bills.
You can see it in your utility bills.
You can see when you pay insurance, like homeowners, auto insurance.
You see it very, very clearly.
And the people in New York, they're seeing it very clearly.
There's about 27% of New Yorkers, they are now planning to leave the Empire State within the next five years.
And this is from a new study from Siena College Research Institute.
And they're saying that the people there, they just can't afford to live there anymore.
They're priced out of the housing market.
They've outgrown their roommates and they don't want to live with anyone anymore.
And they're cash strapped because of taxes.
And as wages continually decrease, this doesn't make it better.
It makes it worse.
Plus, when you have mortgages moving up, when you have rents moving up, it makes it very, very difficult for the people to stay in these areas.
And when you start to look at the blue states, you can see everything that they're doing is not benefiting the people.
It's actually hurting the people.
And the people are going to respond the only way they know how.
We can't stay here.
We have to move.
And this is why, just a couple days ago, we mentioned how many people are moving out of these states.
And the number is going to continually grow and grow and grow as time goes on.
Now, the other thing that's very interesting...
Is that even the fake news now is admitting that US consumer prices, they have increased and inflation is still hot.
And right now, the Fed, they're still not controlling it and they have to continue to control it.
Now, what is the Fed going to do?
Well, when the report came out that inflation only moved up or came down to 5.6%, remember, we were at 1.4%, now we're at 5.6%.
And remember how they're keeping this, they're manipulating the numbers.
Plus, they're using the strategic petroleum reserves to keep the fuel prices down, which means energy is not adding to this inflation right now.
But most of the financial pundits, they're out there saying that the Fed doesn't have to raise rates anymore.
I do believe that the Fed is going to continue to raise rates, maybe at a slower pace, at a smaller increment, but they're going to continue to do this.
Remember, they've already tipped the economy over.
Are they going to pull back a little bit?
Of course they are.
This is what they've done in the past.
But once the Strategic Petroleum Reserves, once that comes to an end and they're not using that anymore, or...
We'll be right back.
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 cost of fuel goes up way, way faster than they can use the Strategic Petroleum Reserve.
This is when we're going to see a very big difference.
And you have to remember, going back in time, the wage growth Has declined or it's been negative for 24 consecutive months.
So this means as soon as Biden came in, what does this tell you?
Well, people have been losing money every single day since Biden has taken office.
That is what that means.
And the people, they see this very clearly.
The people understand it.
The people realize, wait a minute, as soon as you took office, we had gas prices move up to 350.
Even higher than that, they came down to 350.
So he didn't bring anything down.
Inflation went from 1.4% to...
6, 7, 8% came down to 5.6% and fuel costs are continually moving up.
If you remove the percentage number, the manipulated percentage number, the people that go to the market, the people that go out and shop, the people that pay their insurance, the people that pay their rent and mortgages, they're realizing, whoa, wait a minute, what's going on here?
Everything's gone up.
Even the people that are living on credit right now, they're realizing there are problems because what did the Federal Reserve do?
They increased the Fed rate.
And what did the credit cards do?
They increased their rates, which means your monthly payment is much, much higher.
And all of this was to bring the entire system down, and it was supposed to be a controlled demolition.
Now, they tried to do this to Trump going back to 2019.
They started to raise the rates.
Trump called them out on it.
They paused and then they started to lower the rates.
Well, the deep state players didn't like that.
The Central Bank didn't like that.
The World Economic Forum didn't like that.
So what happened?
In 2020, they unleashed the plandemic and Soros was out there actually before the plandemic saying that the market was overheated and it was going to come tumbling down.
And as soon as they released the plandemic, everyone was confused because why was the market crashing?
That made no sense.
And the market was coming down and down and down and all of a sudden it wouldn't go any further than I think 19,000 points.
All of a sudden, the market started to turn around, and it started to increase once again.
So they failed multiple times to bring the economy down under Trump.
Now Trump is out of the picture.
They're trying to bring us into the Great Reset, the Green New Deal.
And I do believe Trump and the Patriots, they knew they were going to follow this playbook.
I mean, it's quite obvious they were going to bring us into the Great Reset, the Green New Deal, because they mentioned it back in March of 2020.
They actually came out.
Klaus Schwab said, this is the perfect time for the Great Reset.
King Charles said the same exact thing.
And here we are.
Now, if the patriots knew this, they knew they would have a controlled demolition.
They would know that they would bring in a recession, most likely a depression, actually collapse their entire system to bring us into the Great Reset.
And I do believe Trump, the patriots, they've been preparing for this.
And I know the Biden administration, they're out there saying, oh, the economy looks good.
Janet Yellen's out there saying, oh, the economy looks good.
Now, why is the Federal Reserve out there saying that they're projecting a mild recession?
We had the Federal Reserve out there telling us that they don't see inflation is just going to disappear.
We had John Yellen out there saying inflation would disappear during the summer.
We had Biden out there saying inflation was going to go up and come right back down to where it was, which it never did.
And now the Fed is out there saying that this is going to be a mild recession.
Well, this reminds me of Bernanke back in 2008-2009, where they weren't projecting any recession.
And we had a great recession.
Now the Fed is telling us that it's going to be a mild recession, which really means a depression, which really means a collapse of the entire system.
And I remember Trump telling us this.
He said the recession is going to be, the R word is going to be the nice word.
It's going to be a lot worse than this.
And of course it is.
Because look what's happening around the world.
Countries are moving away from the Federal Reserve note.
They're dropping it from their reserves.
What does that mean?
It means that these countries are no longer going to deal in it.
They're not going to transact in it.
Which means this system has a problem.
Why do you think back in the day they went into the Middle East, where they went into Libya, Lebanon, tried to get into Syria, Somalia and the rest, Iraq is one of them, because they needed to prop up their petrodollar system because these countries wanted to move away from the Federal Reserve note.
If they moved away from the Federal Reserve note, what was going to happen to the system?
It was going to implode.
Well, all the other countries now, including the Middle East, as they move away from the Federal Reserve note, What's going to happen to the system?
It's going to implode.
Now, Trump and the Patriots, they knew eventually they were going to do this.
They already mentioned that they were going to head into the Great Reset, the Green New Deal.
They knew they were planning on this.
And I do believe they have been set, prepared, and ready for this crisis.
And they're going to use this crisis to move us into a completely new system.
Why interfere with an enemy while they're in the process of destroying themselves?
If they're going to destroy their own system under Biden's watch, under Obama's watch in the basement, under Soros' watch, Why interfere with them?
It's better that they do it under their watch than Trump's watch.
It'd be a complete and utter disaster if Trump was in the driver's seat.
I do believe he's in the driver's seat, but he's driving way behind them and pushing them to exactly where they want him to go, where they want Biden to go, I mean.
And this way, all optics are on them.
Look, they crashed the system.
Oh, look, they brought us into a depression.
Oh, look, the country's moved away from the Federal Reserve note.
No one's using the Federal Reserve note.
It's all under Biden's watch.
It's all under Obama's watch.
It's all under Soros' watch.
Is Trump to blame for any of this?
Absolutely not.
Actually, now Trump can go, whoa, look what they did.
This is awful.
I can't believe they destroyed our reserve currency.
I mean, we used to be the number one currency in the world.
He destroyed it.
And look, he brought this economy down.
I built it up.
He brought it down.
Now we're in a depression.
And now other countries are using other currencies.
What are we going to do about this?
Well, we can't push them and force them to use the reserve currency.
We're going to have to move into a different currency.
Because we can't use the Federal Reserve note anymore.
It's worth absolutely nothing.
And actually, the other countries, they're moving to gold.
How are we going to be competitive?
We can't be competitive with them because we have this currency that's worth absolutely nothing.
Inflation is off the charts.
And now they're stabilizing their currency with gold and most likely using Bitcoin as...
They're international currency.
What are we going to do here in the United States?
Can we stick with the Federal Reserve?
No, no, we cannot.
We're going to have to be competitive.
How do we become competitive with the rest of the world?
Whoa, wait a minute.
Maybe we need to go back to the gold standard.
Maybe we need to peg our currency to gold.
Do we have gold?
Maybe we need an audit.
Let's go take a look to see if we have gold.
What are we going to use for international trade?
We're not the reserve currency anymore.
Are we going to have to use some other form of currency?
Yes, we are.
Maybe we'll join in with everyone else using Bitcoin.
And then what is the central bank going to do?
By the way, everyone, let's use central bank digital currency.
What is it backed by?
Nothing.
We just push a button and it's created and it's centralized and we can control you completely.
So wait a minute.
The rest of the countries around the world, they're going back to gold.
They have a stabilized currency and you want us to move to central bank digital currency?
You think the people are going to buy this?
Absolutely not.
I do believe Trump and the Patriots, they've been setting this up for a very long time.
They've been creating this crisis.
They knew the central bank, the World Economic Forum, was going to do this.
They allowed them to do it.
And this way, everything falls apart on their watch.
Trump ushers in a solution, just like he did back in 2019 when he said, well, wait a minute.
The Fed wants to raise rates, but the rest of the world is lowering rates.
How are we going to be competitive?
We can't be competitive if they do this.
Don't we have to be competitive with the rest of the world?
Don't we have to then go back to gold if they're going back to gold?
It would seem logical if you really think about it.
And this is exactly what Trump did when the Fed was trying to raise rates under his watch.
And I do believe that they're going to be moving us.
I'm talking about Trump at the Patriots.
They're going to be moving us with the people because the people are going to be behind him saying, listen, this sounds like a really good solution.
This will stabilize everything.
Actually, this will prop up the economy.
And actually, this will remove us from the private Western Central Bank system.
And actually, once you do this, what happens to all the blackmail?
What happens to all the borrowing?
What happens to all the money laundering?
Doesn't that all come to a screeching halt?
Because now you have checks and balances.
We just can't print anymore.
We now are pegged to gold and we just can't issue more and more dollars.
It just won't work.
That means the deep state, they're going to be in trouble.
The central bank's going to be in trouble.
And the deep state loses their grip around the world.
And the countries, what can they do?
They can support their own people.
They're no longer bullied.
They're no longer bullied into going to war.
They're no longer pushed into doing things they don't want to do.
And they're not beholden to the central bank anymore.
And I do believe this is where we're headed.
I do believe Trump and the patriots, they planned this for a very long time.
And you can see everything is happening under the central bank, World Economic Forum, Biden, Obama, Soros, you name it.
It's all happening under their watch.
And I do believe Trump is going to step in with an incredible solution to To show the people that, listen, we don't have to be in this system.
We can go into a different system, and we can make the country incredible.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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