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Nov. 5, 2023 - X22 Report
23:17
Ep. 3204a - The People Have Spoken, Bidenomics Has Failed, Economic Narrative Lost
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You're listening to The X-22 Report.
My name is Dave and this is episode 3204A and today's date is November 5th, 2023 and the title of the episode is The People Have Spoken, Binomics Has Failed, Economic Narrative Lost.
Let's talk about protecting our wealth.
Dark clouds are gathering as markets shudder.
Stocks are sinking.
Currency stumbling.
Fear and uncertainty reign.
The Middle East, Ukraine, Taiwan, the debt, it's endless.
Yet one asset stands firm, gold.
In crisis after crisis, gold is there in the background.
It's enduring value guards against loss.
It's like a missile shield.
While paper wealth burns, gold persists.
Shield your savings against looming threats, war, recession, contagion, and avoid the frenzied panic of the unprepared.
Take control in the chaos.
Fortune favors decisive action.
Get hold of gold now before it's out of reach.
Right now, Noble Gold Investments offers a free 5-ounce America the Beautiful coin with every new IRA.
Claim your free coin today to secure your financial future.
As this new storm gathers, panic looms, and some of the places you were thinking for your money, well, they don't look so clever anymore.
Secure your future against disaster.
Open a Noble Gold Investment IRA and claim your free bullion coin today.
Go to x22gold.com.
That is x22gold.com, the only gold company I trust.
Let's get right into the economic collapse financial news.
The deep state, the corrupt politicians, the private western central bank, the World Economic Forum, their entire agenda to bring this entire economic system down and bring us into the Great Reset, the Green New Deal, well, it's not working the way they thought it was going to work.
Remember, they never expected to do this out when everyone is awake and everyone was watching.
They needed the cover story.
They needed to do this behind the scenes.
And now everyone is seeing exactly what they're doing, and it's actually working against them.
And with Biden continually telling the people that everything's great, the economy's chugging along, we're creating jobs, there is no inflation, and fuel costs are fine, well, the people aren't believing him.
Not at all.
Actually, the people see the truth, and the people are saying, you know something?
This whole Bidenomics thing?
It's not working for us.
The whole thing's a sham.
And that's exactly what people are talking about right now.
Now, what's very interesting is that the younger generation, they're realizing that this economy does not work for them.
Now, remember how the central bank system works.
In the very, very beginning, everyone loves it.
It's incredible.
Wow, look at this inflation.
We came off the gold standard and now my house went up in value.
My salary went up in value.
And basically what that is, it's one gigantic illusion to make you think that things are a lot better but what's really happening is the value of the currency is declining and you need more of those pieces of paper to pay for the same thing but in the very beginning it doesn't feel that way.
Now we're at the end of the system and at the end of the system what happens?
It's the opposite of what's happening in the beginning of the system.
In the beginning of the system, your wages keep up with everything else.
At the end of the system, your wages do not.
And actually what happens is you can see the inflation as clear as day and you can't unsee it.
And we see the younger generation today, they're out there letting everyone know that it's getting harder and harder to make ends meet.
They're letting everyone know that they have no chance of purchasing a home.
They're letting everyone know that I'm just working and working and working and it doesn't seem like I'm getting ahead.
Those people in the middle class who are making a good salary, they're starting to realize, hey yeah I'm making a good salary but with inflation and taxes and Higher insurance costs?
I can't get ahead anymore.
Something is wrong.
Take a listen to someone who went to McDonald's and they just wanted to buy hash browns and they started to realize, holy crap, look how expensive hash browns are.
It's absolutely ridiculous.
Well, I do believe this is going to get a lot worse.
And as people see this, everyone's going to turn on the Biden administration.
And that part has already begun.
But listen to what she says here.
When did McDonald's get the right to sell one hash brown for almost $2.50?
My husband and I went and ordered three orders of hash browns.
Not looking at the price because we're just not a habit.
Our total with tax came to be like over $7 for three freaking hash browns.
So the young generation, they're seeing it and they see it very, very clearly.
Now, what are the deep state players, the corrupt politicians doing?
Well, they're doing exactly what they always do.
Don't worry about it.
We're going to raise the minimum wage.
Don't worry about it.
We're going to bring up to $15, $20, $25.
And what happens is, yeah, it sounds good in the beginning.
It sounds incredible.
But as the system breaks down, What do you think companies do?
Do they say, Hey, this is great.
We're going to pay you a lot more.
No, they say, okay, if we have to pay them a lot more money, then either we have to lay off people and people have to take on another job or we have to automate.
That's exactly what's happening.
And it costs a lot of money to do this.
And what happens?
That cost is always put onto the consumer.
And then the consumer says, well, now it costs too much and I can't do this anymore.
So the company starts to lose business and it's a death spiral for all these companies.
That's what they're seeing.
But again, these corrupt politicians, they don't care because they're just trying to fix what's going on right here and now.
And they're hoping that people will become happy with this as the system breaks down.
But once again, you need to go back to the source of the problem.
If we don't go back to the source of the problem, this continues on forever.
I mean, really, go back to 1970.
I mean, the minimum wage was like $3.35, then it went to $5, then to $7, then to $10, $15, $20.
and then went to $5, then to $7, then to $10, $15, $20.
This throughout time, it just keeps happening and it doesn't fix anything.
It's a band-aid fix.
And I think people are starting to realize that this is never ever going to work, especially when you get to the point where you're like, all right, minimum wage is $50 now.
I think people at this point go, OK, you know something?
This doesn't even make sense anymore.
But out in California, Governor Newsom, he loves to destroy that state.
And again, that's a template for the country.
And everything that he does, it actually backfires on him because the people around the world and in this country, they're watching this going, OK, you're destroying your state.
Businesses are moving out.
Crime is off the charts.
Businesses are closing because of crime.
You're raising minimum wage and you're destroying the budget of California and California can't pay for anything.
And that's what people see.
But he's not going to stop because he thinks that I have to make things better now and the only way I know how to do this is to push the minimum wage up.
And that's exactly what he did.
Newsom signed the $25 minimum wage law for hospital workers.
But he found out a little bit later after he signed it that it's going to cost California $4 billion.
Where are they going to get this money?
With companies moving out of the state.
You think the people are going to say, hey, you know what we should do?
You should raise our taxes so we can cover this.
No, the people are going to be angry with this.
They're not going to go along with this.
And the state now, they get to pay for janitors, gardeners, Mexican cleaning ladies.
Yes, real ones.
And they live in Mexico and commute.
Gift shop clerks and anyone else in the employ of a hospital.
$25 an hour.
No exceptions.
And no matter what the value of their jobs are in the free market.
What a great way to spend the state's revenue at a time of a 14 billion dollar deficit.
Now Newsom gets an 18 billion dollar deficit, but when you have a billion here and a billion there, who's counting?
And you can see it's getting worse and worse in California.
Even if Newsom decides to run for California, throw his hat into the ring, People are going to attack him like there is no tomorrow, because look what he has done to California.
And people are just going to look at this and say, yeah, if he did that to California, what is he going to do to the United States?
He's going to do the exact same thing.
And I don't think people are going to buy that in the long run.
Now, the other thing that's very interesting is we could see that the job market, it is completely separate from reality.
The jobs in this country, well, companies are laying off.
The jobs were never created, like Biden said, because all that happened was after COVID, everyone went back to that same job.
Actually, we lost millions and millions of jobs because businesses were having trouble.
And we see businesses are having trouble once again.
But what's very interesting about these job numbers, the only thing they don't count Is the illegals that they have brought into this country, because the U.S.
government, they have imported, what, 7 million or so illegals into this country?
Now, is that in the data?
Because if they add that into the data, what happens?
The unemployment rate skyrockets.
We already know the unemployment rate is already manipulated, but it skyrockets.
It's very interesting how they keep that out of the calculation.
But the people of this country, they realize that the economy is not going in the right direction.
75% of the American people feel their economic situation has worsened and continue to be worse.
And many people, they're increasingly incapable of staying ahead of increases in cost of living.
Government institutions, they say inflation has come under control, yet the prices continue to skyrocket and everyone feels it.
Financial insecurity is the new normal amid a growing population and those individuals that are handling the economy, the Biden administration, the Treasury, the Fed, they're telling us everything is fine, don't worry about it.
But you can see that people, they see the problems, they understand what's going on.
I do believe Trump and the Patriots don't Let's talk about protecting our wealth.
Dark clouds are gathering as markets shudder.
Stocks are sinking.
Currency's stumbling.
Fear and uncertainty reign.
The Middle East, Ukraine, Taiwan, the debt, it's endless.
Yet, one asset stands firm, gold.
In crisis after crisis, gold is there in the background.
It's enduring value guards against loss.
It's like a missile shield.
While paper wealth burns, gold persists.
Shield your savings against looming threats, war, recession, contagion, and avoid the frenzied panic of the unprepared.
Take control in the chaos.
Fortune favors decisive action.
Get hold of gold now before it's out of reach.
Right now, Noble Gold Investments offers a free five-ounce America the Beautiful coin with every new IRA.
Claim your free coin today to secure your financial future.
As this new storm gathers, panic looms, and some of the places you were thinking for your money, well, they don't look so clever anymore.
Secure your future against disaster.
Open a Noble Gold Investment IRA and claim your free bullion coin today.
Go to x22gold.com.
That is x22gold.com, the only gold company I trust.
They needed everyone to see this firsthand.
They needed everyone to realize, look what happens when you steal the elections.
Look what happens when you overthrow the duly elected president and you go ahead and you push their policies and you take the country and you try to bring us into the Green New Deal, the Great Reset, and you reverse everything that Trump has done.
Look what happens to the economy.
Are you happy with all of this?
Do you like this?
I mean, the young generation, the middle class, even the Wealthy.
They're starting to all realize this and they're understanding that this is not going to work out well in the end.
Because just break this down for example.
Our national debt has increased by 2.4 trillion over the past year.
So that amounts to 6.7 billion every day.
279 million every hour.
4.6 million every minute.
$479 million every hour.
$4.6 million every minute.
Can you imagine if every American got a bill every day for what the government was doing?
Do you think the American people would say, okay, this is enough now.
Yeah, I'm getting, you know, there's $1,000 today, $1,000 tomorrow.
I'm done with this.
Because if you turn this around, and you said, oh, by the way, this is what you owe.
What would the people do?
They would shut this down immediately.
The government, what do they like to do?
They like to hide this.
Now, when I say the government, I'm talking about the deep state players.
Instead of having it on the people right at this moment to cover their costs, yes, they have the tax revenue come in, but they borrow even more.
And then they use some of that to pay off the interest.
And this cycle does not work in the end.
And this is why I do believe Trump and the patriots needed to speed everything up.
They needed to accelerate all this and show everyone in a very short period of time within three to four years.
And that's what everyone is seeing right now.
They're seeing all this play out.
And you can see it very, very clearly.
Because as inflation continues on, people realize, hey, my currency is worth less and less every single day.
Actually, if we go back in time, and you look at Weimar, Germany, about a hundred years ago, children, they used to play with stacks of worthless paper.
And this is paper money they used to play with.
And it was all blown up because it was worth absolutely nothing.
Actually, a lot of the families used to heat their homes with the worthless paper.
It's almost like going back in time and looking at the currency of other countries that don't exist anymore.
When you look at the currency, you look at it and go, yeah, this is worthless.
It has no value.
But at one time it did.
Why?
That's the question you have to ask yourself because people presumed it had And if the government says, or the Federal Reserve says, or the central bank says it has value and they make you believe it has value, then it has value.
But as time goes on and the currency that they're telling you has value and it loses value and you see it lose value, then you no longer believe it.
And I do believe this is why Trump and the Patriots needed to show everyone what that looks like.
They saw it back in time in Germany.
They saw it in Argentina, which they're seeing it now once again.
They're seeing it in Turkey.
They're seeing it in many, many countries out in Canada.
They're starting to realize that this paper currency doesn't have value anymore.
And people are starting to realize that alternative currencies, they have value.
They're maintaining their value.
You see, if Bitcoin was just like the fiat currency, then you would have almost a one-to-one ratio.
If gold was very, very similar to the paper currency, you would have almost a one-to-one ratio.
Why has this changed over time?
I mean, if you just look at gold, What has gold done?
It has gone up as the currency declined.
So did the gold actually go up?
No, it didn't.
The currency, the fiat currency, declined in value.
You need more of those pieces of paper to buy that same exact ounce, the same thing with Bitcoin.
The value of the fiat currency is losing value and Bitcoin is maintaining its value.
That is the difference.
And people now, when they look at Binomics, they can see this firsthand how this does not work whatsoever.
And what's very interesting about all this is that NBC News, they put out an article and it says the following.
No one seems to like Bidenomics, the eponymous shorthand for Joe Biden's economic policies.
Not voters, not Democrat officials, not even the president.
So Joe Biden is baffled by his own policies.
It's a jumbled mess.
He doesn't understand how we got here.
Now, again, what did Trump and the Patriots do?
They allowed the deep state players, the Central Bank, the World Economic Forum, to do what they do best.
They introduced the Green New Deal.
They decided, hey, this country, the United States, is no longer going to be energy independent.
Out in Europe, we have Germany as the template.
They are no longer energy independent.
They're actually depending on others for their electricity.
They're shutting down their plants.
Here in the United States, we can see that we're no longer fossil fuel energy independent, which means everything becomes a lot more expensive.
And now we have to go to other countries to get these resources.
And People now really recognize and realize this because Trump, when he made us energy independent, everyone saw the fuel prices go down.
And remember, he was still playing in a central bank illusionary economy.
But they saw the fuel prices go down and when the fuel prices go down, you have more in your pocket.
When inflation is brought under control, and I don't mean it was stopped or anything like that.
Yes, we had 3000% inflation, but it was tamed so it wouldn't go up the way it's going up now.
People were okay with it.
Doesn't mean everything is great.
It just means he shut it down.
And then he decided to place tariffs on China.
That money went to the farmers.
The farmers felt good.
Then he decided to revitalize industry because he placed tariffs on China and they're still in the tree.
And then we had jobs being created in areas where they were wiped out.
So people saw a country that was energy independent.
They saw a country where inflation was very low.
With fuel prices being very low, you had more money in your pocket, and then Trump went ahead and gave us tax cuts, which means people saw even more money in their pockets while he was playing within the central bank illusionary economy.
Then he reworked the trade deals and actually renegotiated that and help spur trade.
And people started to see this and recognize this.
Now he did this in the first four years.
So when he brought in the puppet, the resident, people could see this very, very clearly.
You wouldn't be seeing any of this if we went from Obama to Hillary Clinton.
You would just see the same old thing.
Nothing would have changed.
He needed to make sure that people saw the difference.
And I do believe going into this next year, and Trump has let us know that we have one year left, which is part of the plan.
And in this next year, a lot is going to happen, which means the economy is going to really break down.
We're going to see many, many people get laid off, which is a terrible, terrible thing.
We might even see the stock market come down and people are going to get angry as they battle inflation, as they battle high fuel costs.
People are going to get pissed off and they're going to blame the Biden administration on Of course, what is the Biden administration going to do?
Remember, they told us from the very, very beginning that Bidenomics and those bills that they passed, where they were going to control inflation, they were going to help the economy and everything was going to be fantastic.
But everyone sees the opposite happening.
Even those people That are still rooting for him?
Who say no, the economy's okay?
Just wait the next couple of months.
Those people now are going to be turning on him.
I do believe the country is going to be turning on him because what affects everyone?
Two things.
War and the economy.
Add those two together That's when the people hit the precipice.
That's when people find the will to change because they're at the point of destruction.
And I do believe when the people are at the point of destruction and the entire system is crashing, the central bank system is weakened.
The central bank system is weak, but the people are strong.
So the people, not just in this country but around the world, they have the ability to force the central bank out.
The central bank, they can't make a move and destroy the economy because the economy is already destroyed.
So the people, they're sitting in an economy that's completely imploding.
No matter what the central bank does, the people aren't affected.
So the people say, no, no, no, we're done with this.
We need to go in a completely different direction.
I do believe Trump and the Patriots, they're going to use that moment in time to shift everything away from the establishment, from the central bank system.
And they, and I'm talking about the central bank, they will lose control, their grip on the world.
And their grip is going to slip off the world, they will lose it, and they will be powerless in the end.
And I do believe Trump and the patriots, they are planning for this.
And all they need is the people, not just in this country, but around the world, because the rest of the world is going to follow whatever the United States is going to do.
Which means the world is going to have the power and the central bank is going to be finally put in a weakened state where they don't have the power.
And the people are going to shift everything away from them.
And once people see an economy outside of a central bank system where you're not borrowing the currency anymore with interest attached, people very, very quickly, and I do believe this is why Trump is telling everyone that he can turn this around very, very quickly, people are going to see a completely different new world, especially when he says we're going to drill, baby, drill.
Because he made the reference to the Middle Eastern countries where they have oil and they've been drilling.
They have no debt.
They're very, very wealthy.
So I do believe once Trump starts to drill and we become energy independent, not like we were before, take that multiplied by a thousand and we start doing this.
Our country, the United States, is going to become very, very wealthy.
Which means all this debt and everything else that we're seeing is going to go away pretty darn quickly.
And I do believe we're going to shift in a completely different direction and the Central Bank will have nothing to say about it.
And I do believe in the end the Central Bank will be restructured into the Treasury, We will no longer be borrowing currency from the central bank and the people are going to see a completely different way of life.
And once they see it, they're all going to say, why did we ever have a central bank?
Why was it like this before?
Well, I think the people are going to realize it and they're going to understand.
And in the end, they're going to be very, very happy.
I'm talking about we, the people, going to be very, very happy with the decision that we make to move away from the central bank system.
And I don't think the people are going to look back after this.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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