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Aug. 18, 2023 - X22 Report
17:01
Ep. 3143a - Trump’s Economic Plan Is Working, The Spotlight Is On The Fed,Treasury & Biden
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Hi and welcome to the episode of the game.
You're listening to The X-22 Report.
My name is Dave and this is episode 3143 and today's date is August 18th, 2023.
And the title of the episode is Trump's economic plan is working.
The spotlight is on the Fed, Treasury, and Biden.
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 elections, the government can print as much money as they want.
The last time they did that, inflation went up 9%.
Gold is the one asset that has proven to withstand inflation.
Invest in gold with Noble Gold Investments.
You'll 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. If you don't see the link, click the description button or the other button. Or simply call 877-646-5347. That is 877-646-5347.
It's the only gold company I trust.
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, every move they make, everything that they're doing, is actually doing exactly what Trump, the patriots, want them to do.
Remember, Trump, he needed to set everything up.
He needed to make sure that the people saw that, listen, we can make this country incredible.
We can have the economy roaring.
We can have unemployment way down.
We can have the inflation rate where the Fed wants it to be.
We can have the country energy independent.
So Trump, he took all those statistics and he said, okay, let's do it.
Let's do exactly what they say.
This is what they want.
Let's bring the numbers to where the Fed says they should be and let the economy do very, And that's exactly what he did.
Now, that doesn't mean that 2% inflation is the right inflation.
That's what the Fed has been saying.
But we know when you start to look at these statistical numbers over a very long period of time, the inflation is not 2%.
That is a manipulated money.
But once again, Trump was playing in the central bank illusionary economy.
So he went ahead and he brought the numbers to where they needed to be.
The economy bounced back as soon as we became energy independent, as soon as Trump started to change the trade deals, as soon as he started to place tariffs on different countries, all of a sudden the country started to do very well.
Now the question is, why was Trump doing this?
Was he making America great at this moment or was he going to show the people, look at the difference?
Look what you can do with the economy if you want to make it great, and look what you can do with the economy if you're destroying it and you're trying to bring us into the Great Reset, the Green New Deal.
I do believe this is exactly what he's been doing and still is doing.
He wanted to show the people, look at the difference.
I was going to make this economy incredible to benefit everyone.
Did everyone feel it?
Did you feel the tax deductions?
Did you feel the energy independence?
Did you feel how low the inflation was?
Did you feel industry coming back?
Jobs were being created?
Did you feel all of that?
Yes.
And now what are people experiencing?
They're experiencing that feeling disappearing.
They're now seeing, wait a minute, I had this incredible feeling of, wow, my money goes pretty darn far because inflation was very low, but now I see the money is not going that far.
I can barely make ends meet.
I don't have that feeling anymore.
Hey, the country was energy independent.
I had that feeling that, hey, look, it costs like nothing to fill up my car.
Today it's double and I don't have that money anymore.
People are now feeling the difference.
And I do believe this was very, very important to put the spotlight on the Biden administration, to put the spotlight on the Treasury and on the central bank system.
Because in the end, Trump, I do believe he knows, because he's following in the footsteps of Andrew Jackson, that in the end, the central bank will need to be restructured.
It will need to be removed and we need to go back to the Constitution.
We need to go back to what our Founding Fathers created.
And I do believe that this is the direction that we're heading in.
And it seems that Trump, he was being interviewed by Larry Kudlow and they were going over the numbers showing the people Look, can you see the difference?
Can you see their agenda?
Their agenda is destroying the economy.
My agenda was making the country great.
Making it better for you.
You felt good.
You saw it working.
And you wanted more of it.
The problem is, the resident came into position and he destroyed it.
Within moments.
And people didn't recognize it in the very, very beginning.
But as the resident owned the economy, people started to realize those policies, the Inflation Reduction Act, Build Back Better, it wasn't doing what he said it was going to do.
And I do believe this is very important.
People are starting to realize, wait, they sold us a bag of goods which are absolutely worthless.
And it's not doing what they said it was going to do, it's actually doing the opposite of what they're saying.
And this is very important moving forward because you need to understand and you need to realize who the liars are.
And especially when the entire economic system is completely imploding, the people, they're going to be looking at a certain group of individuals and that's going to be the Fed, the Treasury, And the Biden administration.
And I do believe Trump has succeeded in doing this.
Now, we'll be discussing a little bit more about this a little bit later.
But first, you could see China is having a very difficult time right now.
They are hiding the unemployment numbers.
We could see that China's real estate giant, Evergrande, is completely imploding on itself.
The Kobe letter put this out on X and said, Evergrande, one of China's real estate giants, just filed Chapter 15 bankruptcy.
Meanwhile, China's HY real estate index is down a massive 82% in just over two years.
This puts the index back down to 2008 levels.
All while China just unexpectedly cut interest rates.
Is China on the brink of a credit event?
Most likely, yes.
I think the world is going to be right there prepared and ready for a credit event because it's breaking down right now.
And we could see that Obama is out there.
He's actually admitting that the Inflation Reduction Act has nothing to do with reducing inflation.
We all knew that this was all part of the Green New Deal.
And we all knew that once they put this policy into place what was going to happen.
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 elections the government can print as much money as they want.
The last time they did that, inflation went up 9%.
Gold is the one asset that has proven to withstand inflation.
Invest in gold with Noble Gold Investments.
You'll 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.
If you don't see the link, click the description button or the other button.
Or simply call 877-646-5347.
That is 877-646-5347.
It's the only gold company I trust.
And remember, there's always a risk of investment and there's no guarantee of any kind.
We were going to see inflation skyrocket.
So now what are people looking at?
They're looking at the Inflation Reduction Act and they're saying, okay, you told us that this was going to control inflation, but now we see inflation moving up.
What was this really meant for?
And people are starting to realize it was the Green New Deal.
Obama put this out and said, it's now been one year since POTUS signed the Inflation Reduction Act into law, lowering health care costs for families and investing in our future by accelerating the transition to clean energy.
It's funny how he didn't mention inflation or anything.
Thomas Massey responded to this and said, no one is claiming the so-called Inflation Reduction Act has reduced the price of goods because it hasn't.
Everyone knows it.
Even Obama, even Biden, even the fake news.
Everyone knew that this had nothing to do with inflation.
Once again, these individuals knowingly lied to the people of this country.
And it's getting worse and worse as every day that passes.
But you can see there are many countries out there now that are shifting away from the central bank system.
And I do believe what we're going to see as the entire economic landscape completely implodes on itself, the people of each and every country act.
As they're suffering, as they're saying, OK, you are responsible for this.
We need something different.
Interest rates are moving up way, way too high.
The value of the currency is declining.
And you're the ones who caused all of this.
I mean, out in Argentina, they've already realized this.
In El Salvador, they already realize this.
This is why they're putting candidates into place that are promising to actually burn down the central bank.
And they're going to get rid of 80% of the bloated government.
They're going to drain the swamp.
Just like Trump has been saying.
He's going to drain the swamp.
And we're going to see this spread across the world.
Because once the people start to feel that effect of the economy completely ripping itself apart and they lose their jobs and their currency is worth absolutely nothing.
People are going to say enough is enough.
We need to make a change.
Now, here in the United States, it takes a little bit longer.
Because remember, we are the reserve currency of the world.
And I do believe Trump kicked it off by making the country look absolutely incredible.
Showing the people that everything they told you couldn't be done, can be done.
We can become energy independent.
We can bring manufacturing back.
He needed the people to actually see it.
Then he needed the people to say, okay, look what I did, and look what Biden has done.
And Biden is telling you that the economy's great, you just don't know it.
So he had an interview with Larry Kudlow, and they went over the numbers.
Take a listen to the conversation.
We've actually got some charts and graphs to show the points that you've been making.
So to your point, the CPI overall, the level, is up 17%.
Now, 30 months into it, Biden's inflation rate, 7.4% at an annual rate.
percent at an annual rate yours less than two percent one point nine percent was actually a perfect number to you know beautiful You're a student of inflation, right?
You know how inflation works.
But literally, 2% is the perfect number.
They actually don't want it to be zero.
They want it to be 2%, and we hit 2%, if you think.
1.9%.
And by the way, I love your commentary, but look at this.
Grocery prices.
Food at home.
The level is up 20%.
Under your administration, 2%.
Again.
And then finally, on gasoline, Biden's back to 387, that's this week.
Yours was around $2 a gallon, actually.
This is the stuff that's driving people crazy.
Let's go to the second one.
He says he's created 13 million new jobs.
Nobody can find it.
2.1 million, you had 4.9 million.
you had 4.9 million. - Right. - He says he's created 800,000 manufacturing jobs.
No one can find them.
Maybe recovery from COVID, but that's all.
You had more than twice as many.
And then the other thing, in terms of people hurting and living paycheck to paycheck, the mortgage rate has jumped from 2.65% to 7.5%, 7.51%.
2.65% to 7.5%.
751.
That is killing people.
And I don't know that anyone's interviewed a president before and done all these numbers.
But, you know, I know you like to do the numbers.
And this is the story.
There was a Trump boom and there's a Bidenomics bust.
So basically, what you're seeing is the big difference between what Trump did and what Biden did.
And Biden continually tells everyone that the economy is great.
Janet Yellen.
continually tells everyone the economy's great.
But when you look at actual facts and you look at the actual numbers, you can see the truth of the matter.
And it's funny, they're calling Bidenomics a bust and Trump is the boom.
And once again, the people are going to see this and recognize this.
And as we move down this path and the entire economic system completely falls apart, what do you think the people are going to do?
Well, let's stick with Biden.
Let's stick with Obama.
Let's stick with what the Fed's doing.
Let's stick with these people because they're telling us the economy is great when it really isn't.
And we know it's not.
No, the people are not going to go along with that.
The people are going to say, OK, we saw and we see the big difference.
When Trump was in office, the country was energy independent.
The economy was roaring.
Now we can see that everything that Trump put into place, Biden went ahead and reversed and his policies are destroying the entire country.
They're destroying the economy.
And it's going to reach every single person.
I don't mean it's going to reach every single person at the same exact time.
It will reach every single person over the course of a period of time because each person feels it at a different time.
Now, those people making, you know, 20,000, 30,000, 50,000, 60,000, they're going to feel it a lot sooner than those people making 200,000.
But when the economic system starts to fall apart, you start to realize it.
Even when you have a company, you start to realize there are problems and you say, okay, I got to let some people go because my company is not bringing in the revenue like it was, so I can't pay for these people.
I realize there's a problem in the economy.
And the people are going to start to realize this and the people are going to say, OK, enough is enough.
And I do believe this is what Trump has been building on.
He wanted the people of this country, the people of the world, to understand what the Central Bank, the World Economic Forum, what their agenda truly He wants everyone to see, look what they're trying to do here.
They're trying to bring us into a place where they would have total control over your lives and it will not benefit you.
And this is just the beginning stages of what you're witnessing.
And you could see it breaking down right in front of your eyes.
And I do believe in the end as people see more and more of this, the Biden administration, they can't blame this on Trump.
Because now we're going into the fourth year.
The Fed can't say, oh, it's because of Trump's policies we're going into the fourth year.
The Treasury can't say it's Trump's policies because we're going into the fourth year.
Remember, they reversed everything that he did.
So they put things into place and they told you that certain things were going to happen.
We're going to reduce inflation with the Inflation Reduction Act.
Has anyone seen this yet?
Because if that is true, then the inflation should be at 1%, or 2% at least, because that's what the Fed wants.
Is anyone seeing that?
Absolutely not.
And the people, they are seeing the truth.
And I do believe this is all going to lead into the crisis.
It's going to lead into us, we the people, removing the central bank system.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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