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July 11, 2023 - X22 Report
22:33
Ep. 3113a - Are Alternative Currencies Setup To Destroy The Fiat Currency & The [CBDC]?
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I'm
going to go to the next episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the episode of the You're listening to The X-22 Report.
My name is Dave and this is episode 3113A and today's date is July 11th, 2023.
And the title of the episode is, Are Alternative Currencies Set Up to Destroy the Fiat Currency and the Central Bank Digital Currency?
Let's talk about protecting our wealth.
The U.S.
dollar has lost 85% of its value since the 70s when the dollar decoupled from gold, and the government seems bent on continuing the tradition.
From now until after the next elections, the government can print as much money as they want.
The last time they did that, inflation went up 9%.
This means one thing.
The security of your future and your family's future is all in your hands.
Make sure you freeze the value of the wealth you are holding.
Invest in gold with Noble Gold Investments.
Gold is one asset that has proven to withstand recession, inflation, and just about all economic threats.
Noble Gold Investments is here to help you if you want to invest in gold.
You will also get a 24 carat, one quarter ounce gold standard coin for free.
Go to x22gold.com.
That is x22gold.com or click the link in the description.
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 Western central bank, the World Economic Forum, their entire push to bring us into the Great Reset, the Green New Deal, is falling apart.
Because these individuals that are telling you, oh, you need to use an electric vehicle, oh, you must go to all electric, oh, fossil fuels are bad, you must go to the central bank digital currency, you must give up everything.
Well, every time they tell everyone this, everyone is looking to them saying, okay, if you're telling us to do this, you must be the first ones to do it then.
Did you get rid of all your gas guzzling cars?
Did you get rid of your private planes?
Did you get rid of your helicopters?
Is your house all solar panels and you have windmills on the front of your lawn?
Are you getting your power from the sun and the wind?
Wouldn't that work?
Would that convince the people that, yes, they are serious?
Wouldn't that have an incredible effect on everyone following what they're saying?
It would.
I think people would believe them.
But when you start to look at all these individuals, these climate activists, John Kerry and the rest, and they're telling everyone to do all these things, what are they doing?
They're not doing any of them because they should be the first ones to get rid of all of it.
Shouldn't they be eating bugs right now?
Showing us the way!
This is the way!
Give up the meat!
Give up the eggs!
Give up the chicken!
Give up fish!
Go directly to bugs!
They should all be doing this.
They should be showing everyone, this is where we need to go.
But of course, that's not what this is all about.
What this is all about is, you will do this, and the elites will not.
They call themselves the elites, but they are not truly the elites.
They believe they are the elites, but the people now are starting to realize that all they are is nobody.
They've created their wealth, most of them, off the backs of the people around the world.
And all you need to do is take a look around and you can see these people, well, they don't do what they're preaching about.
Remember, their actions, that's what we need to look at.
Look, for example, at Leonardo DiCaprio.
He has this huge yacht, a helicopter that lands on it, and he likes to take his helicopter to dinner.
What does that tell you?
It tells you everything you need to know.
Now remember, this individual is telling us that the planet is going to be doomed.
We need to give up all of this.
Are they giving up any of this?
Is his yacht electric?
Is the helicopter electric?
Absolutely not.
They are not going to give up anything.
And I think that tells the story right there.
And I think the people are starting to understand that, yes, we do not have to follow what they're saying because their actions do not match their words.
I mean, if you go and you look at the World Economic Forum, you look at Davos and you look at all these individuals preaching about the climate, preaching about the world coming to an end, they haven't done one thing.
Because what this really is, this is about control.
This is about controlling the population and saving the resources for them.
And as they're in the process of trying to bring us into the Great Reset, the Green New Deal, it is all failing.
The people are awake.
The people are not scared in a corner.
There's no war.
There's no destruction.
People can see very, very clearly exactly what they're trying to do.
And as the economy continually breaks down, the people see more and more.
And as they see more, they realize who the enemy really is.
Who the people are that are trying to bring us into a place where we shouldn't be going.
And they're going to continue down this path to the very end.
They're going to destroy their old system to bring us into their new system.
And I do believe Trump and the Patriots, they knew this.
They knew the playbook.
They knew exactly what they were going to try to do.
And if you know what they're going to try to do, why interfere with the enemy while they're in the process of destroying themselves?
You allow them to destroy their own system.
And that's what the people are witnessing right now.
This is what wakes people up.
This is what gets people to fight back.
Look what's happening out in Germany.
Wall Street Silver put this out on Twitter.
Germany reports CPI at 6.4% and core inflation accelerating back to 5.8%.
European Central Bank probably has more rate hikes coming and they do.
We're going to see more and more rate hikes because, once again, the central bank, they can't control inflation.
They don't have the ability to control inflation because their system is designed to create inflation.
And on top of that, stimulus, spending, and everything else, and energy inflation, they cannot control this.
And they will continue to raise their rates.
They'll continue to go down this path.
And Trump, the Patriots, they knew from the very, very beginning, if they go down this path, They will destroy their own system.
Look, they were trying to do this back in 2018-2019.
They were raising the rates when the country had very low unemployment, very low inflation, and they were raising the rates.
What was the purpose of raising the rates back then?
Actually, it was to bring down the economic system.
Trump called them out on it, pushed the Federal Reserve back and said, no, we're not doing this.
And all of a sudden they paused their rates.
And that's why the economy didn't fall apart.
And this is why they ushered in the pandemic, because they tried in the very beginning.
If you remember what George Soros said back in Davos, oh, the stock market's overheated, it's going to be coming down.
And they planned to bring it down.
And all of a sudden the market, in the beginning of the pandemic, all of a sudden dropped.
And everyone thought, that's it, we're going into a major, major crash.
And then all of a sudden, the market didn't crash.
Their attempt failed.
Now, yes, that is one agenda with the pandemic.
We know it was to usher in the drop boxes, the mail-in ballots, and actually to steal the election from Trump.
That's what that was really about.
And yes, there's other agendas by taking control and bringing us into the Great Reset because they announced this back in March of 2020 that this is the perfect time for the Great Reset.
So there are many different agendas associated with that.
But the agenda was always to bring down this economic system and bring us into a new system because they couldn't keep this system going anymore and they want total control.
So as people watch this system completely rip itself apart, The people are going to push back, especially as they keep raising the interest rates.
I mean, just look at the credit card interest rates right now.
They hit an all time record high of 22.2%.
Think about those people living on credit.
Think about those people that can't make ends meet.
That's what the credit is all about.
Because if you go back in time when we came off the gold standard, And we went full fiat, the currency lost its value, which means you need more of those pieces of paper to pay for the exact same thing.
If you need more of those pieces of paper, what do you need to supplement that?
Well, you need to send someone back to work or work for the first time.
And that's where that whole whooping movement came in saying, oh, everyone needs to be working.
Plus that hurts the family in the long run.
Secondly, they needed to introduce credit at this time because that was going to supplement The devaluing of their currency.
Because they knew that they were going to have to string out payments.
Payments for cars.
Payments for homes.
Payments for products.
Payments for everything.
And if you really think about it...
That's what the credit card was.
You switch from paying for something to making payments for that same exact item.
And this is how they hid it from everyone.
But they can't hide it anymore because the situation is getting worse and worse.
This is why Trump was out there saying recession is a nice word.
This is why he's out there saying we're heading into a Period of time where it's going to be a complete and utter disaster.
And when you look at San Francisco, or California, New York, but San Francisco in particular, the city there, you can see that the people, they're having a very difficult time.
Andy Ngo on Twitter put out a video of the street in San Francisco, California.
This is close to Knob Hill area, and it's just tense going all the way down the street.
The people are now having a major problem making ends meet.
Those people that used to buy their items are also having a difficult time purchasing those items.
Yesterday we talked about dumpster diving where people are diving for food.
Now we have cash-strapped consumers.
They're cutting back on toilet paper and toothpaste.
As things get harder and harder, as the value of the currency Devalues, which is inflation.
People are going to find that it's going to be very, very difficult to make ends meet, especially when people lose their jobs.
And as this continues to happen, more and more people are going to rely on the government, which means the government is going to control what they want them to do.
This is their entire plan, if you really think about it.
From the very beginning, if people were independent, let's talk about protecting our wealth.
The U.S.
dollar has lost 85% of its value since the 70s when the dollar decoupled from gold, and the government seems bent on continuing the tradition.
From now until after the next elections, the government can print as much money as they want.
The last time they did that, inflation went up 9%.
This means one thing.
The security of your future and your family's future is all in your hands.
Make sure you freeze the value of the wealth you are holding.
Invest in gold with Noble Gold Investments.
Gold is one asset that has proven to withstand recession, inflation, and just about all economic threats.
Noble Gold Investments is here to help you if you want to invest in gold.
You will also get a 24 carat 1 quarter ounce gold standard coin for free.
Go to x22gold.com, that is x22gold.com, or click the link in the description.
And remember, there's always a risk of an investment and there's no guarantee of any kind.
And people were making a good living.
People were able to do whatever they wanted to do.
They were able to support themselves and they didn't need the government.
They didn't need the SNAP program.
They didn't need any assistance.
Well, the government wouldn't be able to tell these people what to do.
But if you can make these people suffer, if you can make it difficult for people to make ends meet and the people need to go on to government support, what can you do?
You can control the people, and this is part of their system, which they developed a long, long time ago.
And I'm not saying in the 70s or 1913.
This system's been around for thousands of years, and they've been using it to control populations.
This time around it has grown so large that the entire system needs to be brought down, brought to its knees, and the people need to see it.
So this way they say never ever again.
And that is exactly where we're headed.
And if you look at the banking system, you can see the banking system, they're in trouble.
We've already seen banks close.
And now I do believe we're going to see a lot more banks close.
Wall Street Silver put this out on Twitter, it said the following, The top four banks have $205 billion in losses on their bond assets.
The entire banking system has about $2 trillion in bond asset losses.
Bank runs can wipe out any bank within days.
Plus, the Fed plans to keep raising rates, making these losses even bigger.
Absolutely.
And when you look at certain banks like Bank of America, well they got caught up in an entire scandal.
Right now the Consumer Financial Protection Bureau, they announced that Bank of America will be fined and required to compensate customers who have been harmed by the bank's illegal and deceptive activities.
The Consumer Financial Protection Bureau ...has demanded that Bank of America pay more than $100 million to its customers for a series of illegal banking practices that include double-charging insufficient fund fees, withholding promised credit card rewards, and unauthorized opening of accounts using sensitive customer data.
And now they're on the hook for all of this.
So if you start to look at the banking system and you look at all the deceptive practices, I mean look at Wells Fargo, look at many other banks, you could see how bad it is.
Now remember they've been telling everyone, hey by the way it's Bitcoin.
That is used by criminals.
That's used for money laundering.
But when you look at the actual banking system, it is so corrupt.
It's absolutely unbelievable.
And the people of this country, they're realizing it.
They're realizing that the banks, they are in trouble and they shouldn't trust them.
Confidence in the banking system is declining.
Since 1979, the confidence in the banking system was at 60 percent.
It stands at 26 percent.
And every year that goes by, it is declining.
If you look at 2021, it was at 33.
If you look at 2022, it's at 27.
If you look at 2023, it's at 26.
That should tell you everything you need to know.
the 2023, it's at 26.
That should tell you everything you need to know.
So if people are losing confidence in the banking system, Where are they putting their funds?
What are they doing with their currency?
Are they putting it under their mattress?
Are they keeping it in their home in a cookie jar?
Or are they transitioning some of their currency into other alternative currencies?
Well, I would think that people are probably going towards real estate, they're going towards gold, they're going towards Bitcoin, they're going towards investments because they don't trust the banking system.
They know there are problems and I do believe what people are doing right now is they're going to be getting themselves out of the banking system.
Now, do I mean 100% of the people are going to do this?
Absolutely not!
There's going to be a lot of people that stay in the banking system because what do they hear?
They say, oh, I hear the FDIC.
I have under $250,000.
I don't have to worry about this.
But what happens when multiple banks fail all at the same time?
Can the government repay everyone?
No, it's completely impossible.
They don't have these funds.
And as more and more banks fail, this 26% is going to decline even further.
And as the banks fail, what do you think people are going to do?
They're going to look at this and say, okay, I need to do something because I don't trust the bank right now.
Because if this bank that I'm in right now gets hit, I'm screwed.
And people are looking for alternatives.
And I think in the end, the alternative currencies, they're going to destroy The Fed.
It's going to destroy the fiat currency.
It's going to destroy the central bank digital currency.
And what's very interesting is that we have two predictions.
The author from Rich Dad, Poor Dad.
He's now predicting that Bitcoin is going to hit $120,000 next year.
Now, I don't know if this is going to happen, but it's very interesting that he's saying that the U.S.
dollar will die and Bitcoin is going to go way, way up.
Then we have $800 billion Standard Chartered Bank now forecasting $120,000 Bitcoin price by 2024.
Now, this is very interesting that they're both saying, yes, this is going to happen.
Now, does it mean it's going to happen?
Maybe, maybe not, but if the fiat currency, the central bank digital currency, and the entire economic system completely implodes on itself, I can see gold and bitcoin breaking out and people rushing into it.
Because if the banking system is failing and the fiat currency is losing value, which is inflation, which is devaluation of the currency, people are going to look to protect themselves.
And I think in the end, gold, Bitcoin, they're going to be shining bright and the fiat currency is going to be in trouble.
We already are starting to see countries move away from paper currency.
They're already planning to go to gold.
Now, if you really think about this, why are the private Western central banks, why are they still accumulating gold?
Why haven't they released all their gold from their vaults?
Because if they're telling us that paper currency, that is true money, why wouldn't they keep all the paper?
Why would they have gold?
Why would they continually accumulate the gold?
Why wouldn't they sell it?
Remember, forget about what they say, look at their actions.
Why would they be doing that?
Because they know, in reality, The paper that they're printing is worth absolutely nothing.
Remember, the paper was supposed to be used as a rain check to get the real money.
It was supposed to be used to say, hey, I go into a bank and I say, listen, I want my silver.
I want my gold.
That's what it was really used for because paper is a lot easier to carry around.
It's almost like if you valet your car, you get a piece of paper for your car.
Because you can't carry the car around with you in the building, so you carry the piece of paper.
The same thing with your dry cleaning.
You get a piece of paper for all your outfits.
You come back, you give in the paper, you get what?
You get your outfit.
When you go pick up your car, what do you do?
You get your car.
When you go to the bank with the paper rain check, what do you do?
You get your actual money.
And what they've done here is they've taken us off that rain check.
They've taken us off of the paper connected to gold.
So now you can't do that.
Now it's detached and it's absolutely worthless.
Why do you think it's devaluing over time?
And this should tell you everything you need to know.
And this is why Trump, when he said he's going to be coming back into the White House, when we put him back in the White House, I do believe he's president right now, I do believe right now we're under military control, but if you really think about this, why did he mention impoundment?
Why did he say he wanted Congress to get rid of the Impoundment Act?
Because this way he'll be able to control spending.
If he's able to control spending, it doesn't matter how much the Central Bank prints.
It doesn't matter how much Congress says we want.
The president can say, well, we're not spending this money, we're returning it.
And he can control and starve the deep state, starve the World Economic Forum, starve the central bank system.
And that is what he's going to do when he gets back in.
Because once he starts doing this, all those organizations across the world They won't be able to operate because where do you think they get the funds from?
They get it from the money laundering.
They get it from the central bank, continually printing and printing and printing.
Why do you think he wants to go back to that period of time where he controls where everything's being spent?
Yes, Congress, they'll vote to get the currency, but the president will look and say, why are we spending this on that?
Why are we spending on that?
Can you give me some data on this?
Can I track this currency, where it's going?
We'll destroy the rest of the central bank, the World Economic Forum, the swamp.
And what will that do?
That will rain in everything and prepare us to do what?
To go back to sound money.
Now, I do believe the crisis is going to drive all of this.
And I don't mean one day we'll have the crisis, Trump will just pop up and say, Hey everyone, let's go back to gold.
Hey everyone, let's use some Bitcoin here.
No, the crisis is going to last for a little while.
And Trump, he's going to use this to push certain bills, to push certain agendas to get us to where we need to go.
Now, I don't mean him personally, but he'll make suggestions.
What do you think the people in Congress are going to do?
Well, maybe we need to order the Fed.
Maybe we need to go back to the Constitution with sound money.
Maybe we need to do X, Y, Z.
And this is what he's prepared to do.
And you can see he's continually making and putting out solutions to let everyone know that this is the direction we're headed in.
And I do believe in the end, the fiat currency, the central bank digital currency.
Well, I think alternative currency is going to destroy them in the end.
Listen to everyone.
Thanks a lot for listening.
Be well, be safe, and especially be prepared.
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