Ep. 3193a - Biden Lied About Refilling The SPR, China Moves Away From The Fed Note
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You're listening to the X-22 Report.
My name is Dave in this episode 3193 AM.
Today's date is October 22nd, 2023.
And the title of the episode is Biden lied about refilling the Strategic Petroleum Reserve.
China moves away from the Fed note.
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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, they all seem to have the same thing in common.
They lie to the people.
Remember when Biden was telling us that they're going to refill the Strategic Petroleum Reserve?
Well, once again, that was a lie.
And it's the same with everything else the Central Bank does, the World Economic Forum, the corrupt politicians.
Whatever they tell you, it is always the opposite.
And I think the population of this world, they're starting to realize that's exactly what's happening.
And as they continually push their Green New Deal, as they try to bring us into the Great Reset, the Green New Deal, Their entire agenda is falling apart.
Now, that doesn't mean they're not going to try to bring us into where they want to bring us, because they will never give up until the very, very end.
These people always push and push and push.
They're like bullies.
They'll keep pushing until we're in the Green New Deal.
They'll keep pushing until you accept the central bank digital currency.
And the only way that you'll accept it if there is a crisis because if you're just going about your business and you're just going to work or your children go to school and or you're just going shopping food shopping and nothing's happening Why would you even look at an electric vehicle?
Why would you even look at the central bank digital currency?
Why would you even think about anything that they're talking about?
The only way they can make people move into where they want them to go is to have some type of an event, some type of crisis, to force the people in that direction.
And this is exactly what they're going to do.
They're going to continually try until the very end.
They'll try to bring us where they want us to go, but the people, they're going to fight back because there is no event.
Even when there is an event, it's too late because the people already saw what they were trying to do.
So this is not going to work whatsoever.
And you could see around the world, it's completely falling apart.
Disclosed TV put this out on Telegram.
It says the following.
Investors pulled over 280 billion from the green stocks globally since their August 2022 peak.
And we can see solar panel companies, wind power companies, EVs, everything starting to crash.
It's all falling apart.
And like we said from the very beginning, the deep state, the central bank, those paid economists, the, you know, the propaganda outlets, they always tell you the opposite of what's really happening.
Remember going back in time when you had Biden, you had Janet Yellen, You had the Treasury and you had all the economists out there telling you that, don't worry about inflation.
It's just transitory.
It's going to disappear.
Everything's going to go back to normal.
Well, once again, were they right?
No, they were completely wrong.
Actually, let's just go a little bit back in time here.
Let's go back to July 23rd, 2020.
Wall Street Silver put this out and said, this is an article from CNBC from July 23rd, 2020.
It says, here's why economists don't expect trillions of dollars in economic stimulus to create inflation.
Well, how did that turn out?
Once again, what they were doing is they were getting ahead of the stimulus story, telling you, if we do this, it's not that big of a deal.
Hey, by the way, the trillion dollars in debt, not that big of a deal.
Everything is no big deal.
It'll have no effect.
They always say the same exact thing.
And I do believe the people now are seeing through this completely.
And we could see something else is happening.
Again, corporate earnings, they're going to be declining.
We're starting to see CEOs, they are now leaving their positions, which is kind of interesting.
Genevieve Roque-Decter put this out on X and said, CEOs quitting at record pace with exits soaring by 50% in 2023.
1,400 CEOs have left their positions so far this year, almost up 50% from last year.
Highest on record since tracking began in 2002.
What do they know?
Are they jumping ship before the storm hits?
Yes, that might be one of the reasons, but there also might be other reasons.
Let's go back to post 413.
This is December 21st, 2017.
It says track CEO resignations.
Isn't that interesting?
And all of a sudden we have 1400 CEOs leaving their position this year so far.
Unbelievable.
And yes, I do believe that the economy is going to be breaking down as we go throughout 2024.
Things are going to get a lot worse.
And the Biden administration, they're not controlling this whatsoever.
This is on a path where it's going to crash because the central bank set us on that path by raising the rates.
And Trump, he set everything up where all the Biden administration had to do is follow what he did and the economy would be doing great.
But he knew the deep state players, the central bankers, they wouldn't follow that path.
He knew they were going to do the opposite because they had a completely different agenda.
Their agenda is to bring us into the central bank digital currency, which is the Great Reset and the Green New Deal.
And since you know this, you know what their playbook is going to be.
You know exactly what they're going to do.
And Trump and the Patriots, they knew that they were going to use the Strategic Patrol and Reserves, and this is why I do believe Trump filled it up, to show that he was filling it up.
He wanted to show everyone, look, Biden is draining it while we're approaching war.
And what did people just see?
They just have seen Biden lie to everyone once again.
Remember, they told us they're going to start refilling it when the price was around $79 a barrel.
Where's the price today?
Is it $100? $105?
Well, it's not 79.
So what happened?
They missed that window.
They knew they were never ever going to fill up the Strategic Petroleum Reserve because if you look at their 16-year plan and if we're headed to war and the United States was supposed to lose the war, why would they fill up the Strategic Petroleum Reserve?
They wouldn't.
They would deplete it under the guise of trying to maintain the fuel prices.
So, right now, we can see that they're never ever going to fill this up.
Once again, they lied to the people.
And you can see Biden, Alex, well, he lied to the people.
The U.S.
budget deficit has exploded by 23% higher to $1.7 trillion, an increase of $320 billion in the year after the Biden administration pushed through the Inflation Reduction Act, which it claimed would close the government's funding gap.
Oh, another lie!
I think everyone's starting to realize that all he does is lie to the people.
Actually, if you look at all the politicians that were in the presidency or in the Senate, it's the same exact people.
They just lied to the people and dangle the carrot and they continue to do this over time.
And now, since everyone is awake, everyone's thinking logically, people can see this very, very easily.
So let's start putting all this together.
We have an explosive growth in the deficit.
And revenue has fell to $457 billion from a year ago and expenses decreased by just $137 billion.
Total spending for the year came in at $6.134 trillion.
Spending would have been higher if the Supreme Court had not declared Biden's student loan forgiveness program illegal.
The deficit adds to the U.S.
debt total, which the government said earlier this week had reached $33.6 trillion.
That is more than $250,000 per household and more than $99,000 per person in the U.S.
and fifty thousand per household and more than ninety nine thousand per person in the U.S.
Can you imagine if instead of the government continually borrowing currency to cover all this up, can you imagine if the government turned to the people and said, OK, listen, I need every single person to cough up ninety nine thousand dollars?
Do you think the people would all of a sudden wake up?
And they would push to have change?
I do believe so, because that would push them to the economic precipice.
Can you imagine someone saying, the government especially, coming saying, okay, yeah, I know you pay taxes, I know that you've been working, but listen, we're doing an awful lot of spending right now, and we can't make ends meet, and we're gonna need about $99,000 from each and every person.
What do you think the people of this country would do?
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They would revolt against the government.
They would throw every single person out.
This is why the Private Western Central Bank is so dangerous.
Because people don't see exactly what's going on.
It's almost like if you have a household and you just have an open-ended credit card.
And you're saying, everything's fine.
Don't worry about it.
And you take another, you know, $5,000.
OK, made it through this month, paid my bills, did what I got to do.
Don't worry about it.
We're OK.
I'm going to take another $5,000.
See, nobody questions anything.
Everyone thinks it's fine because everyone thinks you're handling it.
Everyone believes the government is handling it, but they're not handling it.
It's just getting worse and worse as time goes on because there's no checks and balances.
If we took the checks and balances and we put it back onto the people, the people would say, no, no, no, we're not doing this.
This is the wrong direction completely.
Because this is how you get the people involved.
And when you have a private West Central Bank, look what happens.
There are no checks and balances.
You have an open-ended credit card.
And these individuals that have no accountability, they could just do whatever they want.
And they'll just keep spending and spending and spending and spending.
Before you know it, The government can't function anymore and everything completely and utterly falls apart.
That's what we're experiencing today.
And I do believe as we get closer and closer to the 2024 election, the economy throughout the year is going to break down.
People are going to notice it.
We're going to see layoffs pick up.
We're going to see corporate earnings take a dive.
And I do believe we're going to see the market start to completely and utterly rip itself apart.
But it won't fall apart until we get very, very close, probably to October of 2024.
And what's very interesting is Wall Street Silver put this out and he said, In other words, everything else is sucking wind.
Now it's improved to 98%.
Washington's building a Potemkin economy looks great on the outside, but dig in and it's falling apart.
Tollied up the numbers and found seven mega techs accounted for 110% of stock market gains.
In other words, everything else is sucking wind.
Now it's improved to 98%.
Washington's building a Potemkin economy looks great on the outside, but dig in and it's falling apart.
Taking the 300 million Americans who don't work for mega tech down with it.
And we can see that this is all set up to fail.
And as we approach the 2024 election, I do believe the Patriots knew that everything the Deep State has done, everything the Central Bank has done, the World Economic Forum has done, it was going to lead to a crisis.
And the people, the only way they're going to make a change, the only way they're going to say enough is enough, is if we hit that crisis.
Now, once again, the Deep State players, they're going to try to use this crisis to their benefit, but I don't believe it's going to work.
And I do believe with this, we can start to move back to sound money.
We can go back to the Constitution and move away from the Private Western Central Bank.
And what's very interesting is that China, they already started to move away from the Federal Reserve Note.
And remember, the pieces of paper and the digital blips that are in the bank, these are all owned by the Federal Reserve.
If you look at your pieces of paper, it says the Federal Reserve Note.
It's a debt instrument.
It is not printed by the people of this country.
And it's not backed by anything and all they have to do is push a button and whatever Congress wants, they get.
And there's no checks and balances, there's absolutely nothing.
And I think in the end, to make everything work, the economy, the country, the world, we have to move away from the central bank system.
Because that's the source of a lot of the problems.
I would say 98% of the problems, the central bank is the cause of all of this.
Think about all the blackmailing.
Think about Well, the control.
And think about the wars that have been started.
Think about the sanctions.
Think about how much control the central bank has over the world.
Now they try to make it look like, oh, other people are causing things.
This is how they deflect everything off themselves.
Because they don't want you to know that they're responsible for anything.
No, they're pulling the strings.
They're pushing and tugging and pushing everyone into some type of an event so they can restart the system.
This is what they've been doing for a very long time.
It's time to end this.
And the only way to end this is to show the people.
And I do believe this is exactly what Trump and the Patriots are doing.
And look what China is doing right now.
They have now completed their first digital yuan purchase for cross-border oil transaction, which is the central bank digital currency.
But once again, they're moving away from the Federal Reserve note.
It's not really the U.S.
dollar.
The Federal Reserve note creates this currency.
It's their currency.
They loan it to we the people.
So actually, you know, the government, but we the people, we have to pay it back with interest attached.
That's where the taxes came in.
Remember when our founding fathers, when they created this country, in the Constitution, we were supposed to coin our own money.
We weren't supposed to be dependent on a private West Central Bank system.
There was no income tax the way we see it today, or the amount of taxes that we see today.
They wanted to fund the government via tariffs.
But again, these snakes or these money changers, like our founding fathers used to call them, they always seeped right back in.
And this is why we're on our third central bank system.
And now I do believe Trump and the Patriots, just like Andrew Jackson, they're removing the third one.
The third one has grown very, very large.
But I do believe this is in process and we can see that countries need to go back to their own currency, whatever currency they want to use.
Because in the end, if they go back to the central bank digital currency, it doesn't mean the United States is going to be using the central bank digital currency.
Remember, it's very, very different here.
If you go back in time and you look at the vaccine passport, you had many countries where people had a vaccine passport.
You couldn't get into the country unless you had a vaccine passport.
Doesn't mean the United States was going along with that.
And as soon as the United States said, absolutely not, and there were lawsuits and federal judges ruled against it, What happened?
All the other countries backed down.
The same thing with the central bank digital currency.
It's a new currency.
The Fed just can't say, we're going to use that now.
It doesn't work that way.
And already in Congress, we have bills which actually says, do not use the central bank digital currency.
And I don't believe that the Congress is going to go along with this because we, the people, are going to continually push back.
Because we have been seeing all this play out.
We know what the central bank digital currency does.
People understand that it's about control.
They see the Green New Deal.
They know what they're trying to do.
See, if we had the pandemic and it actually worked, yes.
They would be able to usher this in because it would be death, destruction, people wouldn't care.
Same thing with war.
They don't have that.
Now the event is coming much, much later and the people have been seeing all of this play out.
They never wanted anyone to see the Biden administration push the Green New Deal.
They never wanted anyone to see Europe do this, but they didn't have a cover story.
Remember, everything was countered.
The war that was part of the 16-year plan was countered.
The pandemic was countered.
It ended way, way too early.
And they were on this path and they couldn't reverse it.
So they needed to continue on.
And what did the people see?
The people saw what their plan actually was.
Now they're going to be bringing in the event at the end.
And it's too late because the people already know what they're trying to do.
And the people aren't going to let it happen.
So everything that they've tried, everything they've done has completely failed.
The only thing that they have accomplished is destroying themselves in the end.
Just like with the vaccine passport.
They never expected people to go back to work.
They never expected children to go back to school.
They never expected the people to be awake.
Because of that, their plan completely imploded on itself.
The same thing with what's happening right now with the central bank digital currency.
Because the people are awake, it's never going to work.