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Dec. 17, 2023 - X22 Report
18:18
Ep. 3237a - Rate Cuts & Printing Coming, Inflation, The Stage Is Being Set
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You're listening to The X-22 Report.
My name is Dave, and this is episode 3237A, and today's date is December 17th, 2023, and the title of the episode is, Rate Cuts and Printing Coming, Inflation, The Stage is Being Set!
Let's talk about being prepared.
Shockingly, the average person believes they could survive for two weeks alone in the wilderness.
But a new study reveals most couldn't even spark a fire.
The survey of 2,000 Americans show many are confident in their ability to survive in the wild.
However, only 17% felt very confident in their ability to start a fire with just flint.
That's why tens of thousands rely on the Fire Pit Mini to start fires outdoors.
The Fire Pit Mini Stove grants anybody the ability to start fires, boil water, and cook food from virtually anywhere with only kindling or leaves as fuel.
You could spend hours spinning sticks together or wasting your matches trying to start a fire to stay warm and cook meals, but the Fire Pit Mini Stove is engineered to give you a reliable, effective, and simple way to start a robust fire with little smoke in any condition without the hassle.
The Fire Pit Mini stove is the most effective choice for camping, hunting, traveling, road trips, power outages, emergency, and more.
It could be the critical difference between life or death in a crisis.
Give the gift of warmth this holiday season by simply placing your order now to get 25% off along with many other free bonuses like access to the Prepper's Peak exclusive newsletter, free express shipping, and last but not least, a 100% lifetime guarantee replacement.
Hurry now before they sell out by going to firepitmini.com.
That's firepitmini.com.
Use promo code HOLIDAY or just click the link in the description.
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're going to have a very difficult time moving into 2024 because the entire economic system, well, is completely and utterly falling apart and they're going to try to save it, but that is going to backfire on them.
Basically what they're going to do, since the economy has been tipped over the edge, the economy is going to start to fall apart and they're going to try to do whatever they possibly can to save it.
Now, they don't want to look like they're the ones who have caused this, so they are going to drop the rates very, very quickly.
And they are then going to print a lot of currency, which is going to add to inflation.
And we're going to start to see the entire economic system utterly fall apart.
Now again, the inner workings of the economy, that will fall apart first, and in the end, you'll see the market pretty much probably take a really big hit.
And throughout 2024, they're going to keep the market up.
You're going to see a lot of speculation and they're going to try to convince everyone that while the economy is completely falling apart, The economy is actually doing well because of the stock market.
And you can see Trump is already calling them out on this, letting everyone know that it's not the stock market.
That's not the economy.
Actually, what that's doing, that is helping the wealthy and the middle class poor.
They're having a very difficult time in the real economy.
And we could see this is how they're setting the stage.
They think they're going to be able to hold everything together long enough for Biden or whoever else is running to actually Win the elections, but they're not going to win the elections.
They're going to lose the elections and their entire plan is not going to work.
I do believe Trump and the Patriots knew what their playbook was because if all you do is go back in time, go back to the other recessions, you can see this is exactly what they have done.
And they're going to do the exact same thing because this is the only things they have to keep the illusion alive.
But eventually what happens, the illusion ends and they can't keep everything together.
Trump and the Patriots, they know this.
They know exactly what they're going to do.
And they realize that this whole entire thing is going to fall apart.
And the people of this country, they're going to experience it.
They're going to understand it.
And it doesn't matter what the market says.
It doesn't matter what Biden administration says.
It doesn't matter what the White House press secretary says.
They're going to feel, and I'm talking about the people, the people are going to feel it firsthand, especially when people are losing their jobs, when they see inflation picking up, when they see all this happening.
It doesn't matter if the market goes to 100,000.
It won't make a difference to the people because the inner workings of the economy is falling apart.
Now, we saw this back in 2008, going into 2009.
I remember that was a presidential election.
And I do believe the same thing is happening once again.
Now, we're going to be getting to everything and what Trump has said about the stock market.
But first let's talk about what's happening with these companies because it looks like they are following the diversity and inclusion model and this is getting them into trouble.
Wall Street Silver put this out and said top insurance CEO announced that white male new hires must be personally signed off by herself as part of the firm's drive to improve diversity.
Now really think about that.
Take that word, white, and change it to black.
Top insurance CEO announces that black male new hires must be personally signed off by herself.
How does that sound?
And I think everyone's starting to realize this, and people are starting to understand what's going on.
And you can see the Deep State players, they are now pushing the Green New Deal like there is no tomorrow.
Biden has already told the government workers that you're going to have to use electric cars, you're going to have to use electric trains.
I don't know if we have electric planes they can use, but again, if we did right now, or if they can find one, they would use those and they would realize how bad this really is.
I think they're going to figure this out, because remember, Energy Secretary Granholm.
She tried to show everyone, look how great the electric cars are.
But again, she was filed with a gas-powered car.
She called ahead to make sure no one was using the chargers.
And it was a complete and utter disaster.
And they tried to make it look really, really good.
But you can see what the Biden administration is doing.
They have finalized the most restrictive offshore oil and gas five-year leasing schedule in U.S.
history, as the national average retail gas price remains high for American consumers.
So the Department of Interior, which oversees the Bureau of Ocean Energy Management, announced that it's finalizing the lease schedule, which means the bare minimum acreage required by the Inflation Reduction Act in order for the administration to issue off-wind leases.
The 2024-2029 schedule only features three lease sales in the Gulf of Mexico with no sales scheduled for any other area of the country's shores.
And we can see this is what they are doing.
They are now Removing us from energy independence, which they've already done, and they're making it worse and worse.
They're going to make fuel prices go up and they're trying to usher in wind, solar panels.
But again, think about what they have done here.
Trump is continually letting us know that a war is coming.
And if we do have a national disaster or a war or something, national problem, well, we're going to have a major, major problem because now we're going to be dependent on every other country for oil.
And this is a push for the Green New Deal, but it's going to affect everyone in this country.
And remember, Trump made the country energy independent.
Biden reversed it.
If there is a national emergency, Biden has drained the Strategic Petroleum Reserve.
And we have to beg other countries for oil.
And what happens if there's a war?
Will we be able to get that oil?
No, most likely we won't.
And we only have 17 days or so of the Strategic Petroleum Reserve.
This is a disaster in the making, but this is what they're trying to do to bring us into the Green New Deal.
And this is something the Patriots wanted everyone to see.
Look at their plan.
Do you agree with this?
They're the ones who are causing all of this.
This just didn't happen naturally.
And I think the people are starting to see this.
But you can see that the stage has been set now for the 2024 elections.
And you can see they want the market to go much, much higher, which means it's going to fall even harder when it comes down.
Peter Senglong, PhD, put this out and said, Fed pivot delivers the champagne to Wall Street.
Why did markets go up?
Because Jerome Powell just signaled the green light for the speculative mania.
With core inflation running at double the Fed's target, that means the Fed just gave up.
So yes, now you're going to see the market probably skyrocket and we'll probably see it move up quite a bit throughout the year 2024.
They're going to use this to convince everyone that the economy is doing great.
If you go back to 2008, look very, very similar to this.
And The people of this country, the hard-working people of this country, they're going to understand and realize that, wait a minute, I see the market going up, I understand it, I get it, $40,000, $45,000, but I just lost my job, inflation is killing me.
Let's talk about being prepared.
Shockingly, the average person believes they could survive for two weeks alone in the wilderness.
But a new study reveals most couldn't even spark a fire.
The survey of 2,000 Americans show many are confident in their ability to survive in the wild.
However, only 17% felt very confident in their ability to start a fire with just flint.
That's why tens of thousands rely on the Fire Pit Mini to start fires outdoors.
The Fire Pit Mini Stove grants anybody the ability to start fires, boil water, and cook food from virtually anywhere with only kindling or leaves as fuel.
You could spend hours spinning sticks together or wasting your matches trying to start a fire to stay warm and cook meals, but the Fire Pit Mini Stove is engineered to give you a reliable, effective, and simple way to start a robust fire with little smoke in any condition without the hassle.
The Fire Pit Mini stove is the most effective choice for camping, hunting, traveling, road trips, power outages, emergency, and more.
It could be the critical difference between life or death in a crisis.
Give the gift of warmth this holiday season by simply placing your order now to get 25% off along with many other free bonuses like access to the Prepper's Peak exclusive newsletter, free express shipping, and last but not least, a 100% lifetime guarantee replacement.
Hurry now before they sell out by going to firepitmini.com.
That's firepitmini.com.
Use promo code HOLIDAY or just click the link in the description.
The energy costs are just out of this world.
So I don't care if the market goes to a hundred thousand.
I'm hurting right now.
And the everyday American, they're going to feel this every day.
And I do believe Trump, he already sees this coming and this is why he's already mentioning this and calling it out.
Take a listen to what he says about the stock market and rich people.
You know that?
While the stock market is making rich people richer, Biden's inflation catastrophe is demolishing your savings and ravaging your dreams.
And I do believe he's absolutely right.
And you're going to see this as we move through 2024, because look what the Fed is prepared and ready to do.
They're ready to set the stage.
They have to keep the illusion alive.
And the only way to do this and not have the blame on them is to start to cut rates.
And if they cut rates, what are they going to have to do?
They're going to have to print And we saw this back in 2008-2009.
FX Hedge put this out and it's a Substack article and it says, rate cuts are coming and so is the money printing.
With the squashing of further rate hikes and now talks of a three rate cut during 2024, Powell's turning to the dark side is all but complete.
Stock, Bitcoin, bonds, oil and of course gold all rallied.
But few people are pricing and how the Fed will be forced into QE money printing Either through balance sheet growth or stealth mode.
There will be consequences for this.
The combination of treasury auctions, increasing demand, coupled with security sales at the Fed, reducing supplier, going to keep pushing the market interest rates higher and probably eat through the rest of the reverse repos in a matter of months.
At that point, the Fed will have to violently throw the levers of power from one direction to the other, switching from fighting to maintain an interest rate floor into maintaining an interest rate ceiling.
That's when the Fed transitions from using reverse repos to repos.
But what this also marks is a mandatory return to QE.
That's quantitative easing.
A fancy way to say money creation.
When the tipping point is reached, the central bank will be forced to buy securities to maintain its interest rate ceiling, just as it did in the end of 2019 when the repo market went haywire.
It was the only way for an embarrassed Fed to regain control over the interest rates.
Powell and company are going to juice the economy in the middle of a hotly contested election.
And this is exactly what they're planning to do.
They're planning to keep the illusion alive.
And the only way to do this is to actually keep the market up.
This is how they try to convince the public That the economy is doing well because the fake news and Kramer and all the others, they just look at the market and go, look, the market's going higher.
That means the economy is great.
Look, the market went up again.
That means the economy great.
Everything that everyone else is saying is wrong.
Yes, I know a couple of people lost their job.
I know there's a lot of inflation.
I know fuel prices are going up.
Look at the market.
It's going up.
That means the economy is doing well.
See, but this time around, this is going to be very, very difficult for them because the people of this country, they haven't seen anything like this before.
Yes, it was something very, very similar back in 2008, but this time around...
The people have never saw inflation the way it's happening right now.
They've never seen fuel prices this high.
Yes, they were pretty high during Obama's time, but this is even higher now, and it's getting worse, because remember, what they're trying to do, they're trying to bring us into the Great Reset, the Green New Deal.
Trump and the Patriots, they knew what they were going to do.
They knew they were going to reverse everything that Trump had in place, and they knew that when they do this, This destroys the economy, especially when we're coming off of COVID, where they were printing and printing and printing and borrowing and borrowing and borrowing, which actually put a lot of currency in circulation.
See, back in 2008-2009, the people didn't receive the currency.
So it went into banks to prop the market up, it went to many different locations to prop everything up.
This time around, what they did was, okay, let's take these printed dollars, the Federal Reserve notes, and let's give it to the people this time.
Huge mistake.
Why?
Because now the people can put it back into circulation, which means there's more currency in circulation, which means you're going to see inflation because the value of the currency declines.
We didn't have this back in 2008-2009.
The Fed, yes, they printed.
Yes, the government went ahead and borrowed.
Yes, there was money laundering.
But a lot of the funds, a lot of the Federal Reserve notes went into the banking system and they used that to prop up the market.
to prop up others.
And the people of the country, they didn't receive the currency.
This time around, because of COVID, I do believe Trump and the Patriots use this against them Because remember, Trump said, okay, we need money to give to the people, to businesses, to help them out.
And I do believe at that point he knew once the people started to receive this stimulus money, this currency was going to go into the market, back into the economy.
And it was going to devalue the currency and the people were going to see inflation like we've never seen inflation before.
And on top of that, he also knew that they were going to reverse the energy independence of this country.
And once you do that, fuel prices start to move up because that's how they were brought down.
And once you start to reverse all these things, you destroy the economic system.
And the people, they can see very, very clearly in what direction the system is headed, Plus, the people start to question the system.
Why is it so difficult?
Why is everything going up?
Why is food so expensive?
Why can't I go out to eat?
Why am I working so hard and I can barely make it?
This is waking a lot of people up.
People are seeing inflation for the first time.
Yes, we've had inflation, but nothing where it really woke the people up.
Where the people started to question everything that was going on.
And now the people are questioning it and the people are starting to realize something's going on.
They might not know exactly what it is, but they know something is wrong.
Because if you go back in time and they look at their parents' lives and you look at other people in the past, how come those individuals didn't have it this tough?
And this wakes a lot of people up.
So as we go through 2024, more and more people are going to come to the realization there is something wrong.
The fake news, the White House, the White House press secretary, they're not telling us the real story.
The Fed's not telling us the real story.
The Treasury's not telling us the real story.
Something is going on because I feel it.
I feel something in the economy.
I can't afford things.
I know a couple of people that lost their jobs.
I know they keep telling me the market's going up, but something doesn't make sense.
And I do believe as we get closer and closer to the presidential election, The Fed will not be able to keep the illusion alive and everything will start to completely and utterly fall apart, which we saw back in 2008 when Obama was running against McCain.
And it's very, very interesting that almost the same exact thing is going to be happening, because I do believe they're going to be swapping certain people out.
And I don't think Biden's going to be running in the election.
And it looks like we're going to have a very, very similar scenario that we had in 2008.
But this time around, Trump and the Patriots, they have the leverage.
They have everything they need.
Plus, they have the people.
So this time around, it's going to be very, very different.
And it looks like the Deep State players, they're going to be trapped in all of this.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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