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Feb. 14, 2024 - X22 Report
17:53
Ep 3282a - [CB] Holds Off On Rate Cut Until Summer, Countries Begin Mining Bitcoin
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I'm out.
Hi, and welcome to the show.
You're listening to The X-22 Report.
My name is Dave, and this is episode 3282A, and today's date is February 13th, 2024.
And the title of the episode is, Central Bank Holds Off on Rate Cuts Until Summer, Countries Begin Mining Bitcoin.
Let's talk about protecting our wealth.
To look at the banks, you'd think there was nothing wrong.
But look under the hood, and it's a mess.
Everyone's getting itchy feet.
Commercial property car loan credit cards are at all-time highs.
Why chance it for a 3% return?
Get noble gold investments on your side, so even if the banks crash again, you'll be okay.
They'll talk to you about keeping safe with precious metals.
Their experts are waiting right now to offer you a free quarter-ounce gold standard coin if you qualify.
Act now before it's too late.
Visit x22gold.com.
That is x22gold.com.
The only gold company I trust.
Or 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 are now Trapped in their entire agenda remember the one thing they don't want people to see is how countries actually can do very very well When they don't use the IMF when they don't use a central bank and the countries decide to use an alternative currency
This is what they don't want the people of the world to see because if people see a country without a private what's the central bank and they actually start to do really really well and the people are happy and you know you see poverty almost completely disappear and the country grows and manufacturing grows and the central bankers they can't stop that well the rest of the world is going to catch on and the rest of the world is going to understand that hey wait a minute look what's happening with this country Why don't we do the same exact thing?
And this is why they've been trying to stop every single country.
They tried to stop El Salvador.
Normally to stop them, what they do is they put countries into debt.
And they continually put countries into debt.
And when the countries can't get out of debt...
Well, what happens?
The private Western Central Bank completely controls the country.
And this is how they control the country.
This is how they control the people.
When a country is not in debt and they're not relying on the IMF, they're not relying on the private Western Central Bank, then the country can move in a completely different direction.
And this is something they do not want to happen.
And right now, the IMF, they're admitting that they don't understand why Russia, their economy, Is growing like it is.
Now, remember, they've been telling us that Russia is going to crash.
They don't have a good economy.
But once again, you can see, and if you go back in time, Putin has taken control of the private West Central Bank.
Pretty much they call the shots.
It's almost like Trump when he was in the White House telling the Fed what to do and the Fed actually followed and said, listen, he said, listen, I don't want these rates raised.
And then all of a sudden the Fed started to reverse.
What they were doing because Trump was pointing out, look, they're trying to crash the economy.
They're doing the opposite of what we should be doing.
And I do believe in the end, what we're going to see is a lot of other countries, they're going to be moving to Bitcoin mining, they're going to be moving to Bitcoin, they're gonna be moving to gold.
They're going to be moving away from the Private West Central Bank system and the fiat currency.
And I do believe we're in the beginning stages of all this.
And we're starting to see a lot of countries go back to their local currency.
And I do believe in the end, they will make the switch into something completely different.
And especially the emerging markets, we're going to see a lot of these countries most likely move into Bitcoin, start to purchase gold, so they can be separate and apart from the IMF, separate and apart from the rest of the Private West Central Bank system.
And we're already starting to see that happen, and we'll be talking a little bit more about this a little bit later.
But first, let's talk about the Green News scam, because once again, this is not going very, very well for the Deep State players, the Private West Central Bank, the World Economic Forum.
Remember, their entire agenda is to bring us into this world where they control everything.
They don't want people driving electric cars.
I do believe what they're doing right now is they're convincing the people to move from fossil fuel cars to electric cars and eventually what's going to happen is that you won't have a car at all because people are going to find out that these cars don't actually work the way they have been advertised and in the end they're going to say that you really don't need them in the end and You can stay in your 15-minute city.
I do believe this is exactly what they really want.
And this is why Klaus Schwab was out there saying that we could turn all the highways into parks.
Well, if everyone has an electric car and everyone's traveling around the country, how are you going to turn the highways into parks?
Something doesn't make any sense.
So I do believe this transition to electric cars, they know that this isn't going to work They know that these cars aren't going to be able to travel far distances.
They know that you're going to not have the charging stations that you need.
And it's actually going these cars are going to actually hurt the infrastructure.
Because remember, these cars are much, much heavier.
And think about the roads, think about the bridges.
Think about the guardrails and everything like that.
Now we're going to be talking about that in just a sec.
But first, people need to realize that the batteries of these cars, they're very, very expensive.
And BMW i3 owners, when they're looking to get new batteries, they're around $70,000.
So if you're outside the warranty, you're going to have to pay a lot for these batteries.
Now, yes, the price fluctuates up and down.
But there is an invoice from a Seattle area BMW service center, and it shows that the batteries, they're going to cost around $70,000, which means people are going to what?
Finance the batteries?
I mean, this is absolutely ridiculous.
And once again, just think about your iPhone.
How long are these batteries going to last?
Probably not as long as everyone thinks.
And what do you do with the batteries once they have been depleted?
They're toxic.
So think about it.
If we replaced every single automobile with electric, where would all these batteries go?
Would we have landfills filled with batteries?
Most likely, yes.
And like we just said before, moving into electric vehicles, the cars are much, much heavier, which means We need to reinforce the roads.
We need to reinforce guardrails.
And actually the Washington Times was out there and they're actually saying that, yeah, the EVs, they can weigh up to 50% more than internal combustion motor vehicles.
And that weight damages roads, bridges and parking garages.
With those vehicles easily plowing through safety guardrails while posing a higher danger to other drivers and pedestrians and those who ride bicycles.
And the problems associated with EVs, they're poised to grow as more consumers decide to purchase this car.
And under the Biden admin, they, we know they want to eliminate gas powered cars.
So what they're going to do is they're going to continually push the electric cars, but already we're starting to see the American people push back on this because the American people realize, you know, something, they're too expensive, takes too long to charge.
You really can't go that far.
And, Once again, this is going to be a major problem for the deep state players plus if everyone gets an electric car Think about all the road services the bridges and everything else Everything's going to have to be reinforced and this is gonna cost a lot of money to do this So once again, this entire green new scam is just that a green new scam and I do believe in the end They don't want people to have any type of transportation and this is why they're moving everyone into electric vehicles because again if you just went from
Saying hey listen let's talk about protecting our wealth.
To look at the banks you think there was nothing wrong but look under the hood and it's a mess.
Everyone's getting itchy feet.
Commercial property car loans credit cards at all-time highs.
Why chance it for a three percent return?
Get noble gold investments on your side so even if the banks crash again you'll be okay.
They'll talk to you about keeping safe with precious metals.
Their experts are waiting right now to offer you a free quarter rounds gold standard coin if you qualify.
Act now before it's too late.
Visit x22gold.com.
That is x22gold.com.
The only gold company I trust.
Or click the link in the description.
You don't need a car at all?
Do you think anyone would buy that?
No.
So what do they do?
They do it very, very slowly.
Okay.
You know something?
Let's make the world green again.
Let's get rid of fossil fuels.
We'll go into electric vehicles.
And eventually what they're going to do is they're going to say, you know something?
You really don't need an automobile.
Because these electric vehicles, they're tearing up the roads.
We have to reinforce the bridges.
You can't go that far.
So you know what's better?
Let's have everyone live in a 15-minute city.
This is how they do it.
Very, very slow.
They're very methodical.
They're very patient in doing this.
And they just can't You know just tell everyone that you can't have a car today so they do it very very slowly and they actually have the people say you know something it's not even worth to have a car because they want the people to agree with them and decide that hey we don't want this and then they can blame it on the people just like everything else.
But we could see the economy now is completely and utterly falling apart and we see that the CPI data is coming in hotter than expected across the board and we see inflation moving up and what's very interesting about all this is that the S&P 500 futures they have dropped Now, we're starting to see a resurgence of inflation.
Now, the economists, they were expected a year-over-year increase of 3%, and all of a sudden it was 3.1%, and they're trying to figure out, of course, why is this happening?
Now, once again, inflation is cumulative.
The prices of items are not just going to go back down to 1971 prices or back down to 2016 prices.
They're going to continually move up.
But I do believe why this has come out is because they can't allow the Fed to cut rates right now.
So yes, they're manipulating the numbers.
We know inflation is manipulated.
We know unemployment is manipulated.
We know the stock market is manipulated.
Remember, this entire economic system, it is controlled by the Federal Reserve.
And if you want The Federal Reserve to cut rates and you don't want them to do it too soon.
What do you got to do?
You got to manipulate the numbers and say, hey, look, inflation is bumped up a little bit, but not to worry.
Everything is fine.
But the Fed can't cut rates right now.
I do believe they're doing this because they want the Fed to cut the rates around the summer months.
And this is going to be right before the presidential election.
And this is how they're going to try to prop the Stock market up to convince people that everything is fantastic.
But the internals of the economy, they're going to completely and utterly break down.
And I think with more layoffs accelerating, we have a lot of companies right now talking about layoffs.
I do believe we're going to see a lot more layoffs and people are going to start to realize, hey, wait a minute.
Why are we seeing all these layoffs?
Why is inflation still here?
Why fuel prices still high?
Why do we see the entire economic system breaking down?
But you're telling us everything's OK because the market's going up?
People aren't stupid.
They know exactly when they're being gaslit.
And that's exactly what the Biden administration is going to continue to do all the way up to the presidential election.
And the people, well, they're going to actually reject that narrative.
And the people, they're going to be looking for solutions, just like emerging markets, smaller countries.
They're going to be looking for different solutions.
They're not going to stick with the private Western Central Bank fiat currency.
We can already see a lot of the nations like Russia, China, Brazil, and many others, they're going back to their local currency.
We can see their other countries now trading With their currency to purchase oil, this goes completely against the private West Central Bank system.
And I do believe the smaller countries are going to move away from the IMF, just like El Salvador, and they're going to be moving into most likely Bitcoin.
Yes, they'll still be ramping up on gold.
But again, for international trade, Bitcoin is very easy.
It's electronic and nobody controls it.
Nobody can shut you down.
Nobody can sanction you.
Nobody can do these things.
And what's very interesting is the new BRICS member Ethiopia.
They are signing a Bitcoin mining deal With the miners in China remember China they banned mining in China Bitcoin mining and Ethiopia right now They are going to mine.
So the miners are now moving over to Ethiopia and to ban those miners in China.
It seems like it didn't work out.
And the Ethiopian state electricity company launched affordable hydropower to attract foreign investors into the country.
So we're already starting to see this happen, and we're starting to see that about, what, 19 Bitcoin miners from China?
Well, they have now moved into Ethiopia.
So trying to ban miners isn't working.
And to ban Bitcoin is very, very difficult.
Just like to ban gold is also very, very difficult.
Those people that have their gold physically, well, how are you banned?
You're not banned.
You have it.
The same thing with Bitcoin.
Now, once again, moving forward, I do believe what's going to happen is we're going to see a lot more countries move away from the private Western Central Bank system, move away from the fiat currency.
And as the system breaks down and the system crashes, I do believe you're going to see a rush into alternative currencies.
And we're already starting to see this pick up in many different areas right now.
But again, as things break down, and people see the inflation and people see the economic system falling apart, people are going to look for something where they have an insurance policy.
And that insurance policy is going to protect their wealth.
And I do believe gold protects your wealth.
I do believe That Bitcoin protects your wealth and we can see right now Bitcoin is moving up.
Yes, there are predictions that Bitcoin is going to move above $100,000.
But remember, when they talk about gold and Bitcoin moving up and down, it's always pegged to the Federal Reserve note.
And once again, I do believe in the end These are going to be used as currency or a store of wealth and these will no longer be pegged to the US dollar or the Federal Reserve note which it really is and I do believe these alternative currencies are going to be used and I do believe the Bitcoin was developed to go up against the central bank digital currency.
Gold has been around for thousands and thousands of years and gold is an incredible store of wealth so I do believe in the end We're going to see both of these actually come into play, and we're going to see a lot of countries purchase a lot of gold.
We're going to see a lot of countries move away from the IMF, from the biz, from their private West Central Bank, and they're going to be moving into someplace where they're not controlled.
Because remember, the private West Central Bank, how do they control a nation?
They put them into debt.
Then they have the people pay back The interest on that debt and the government goes deeper and deeper into debt, which means the people are enslaved to the private West Central Bank.
When you have gold or you have Bitcoin, the central bank is removed from this and the people don't have to borrow this money.
So the people are not enslaved to any centralized system.
And since they're not enslaved, it means the country can grow because you don't need the income tax like we have today.
Remember, all this was developed for the Private West Central Bank.
And when you don't need all these things, when you're not borrowing the money, when there's no interest attached.
When you don't have to pay it back, and if you actually use tariffs to pay it back, and you don't use the people's money, the people have even more money.
And you're getting money from other countries that are paying for the government.
And I do believe we're going to be moving back to the Constitution, and we're going to be moving back to sound money.
And in the end, I do believe Trump and the Patriots, they have set this up to actually bring down the private Western Central Bank system.
And as we approach the Crisis period of time where the economy is not doing well.
I do believe Trump and the Patriots, they will use this against the Private Western Central Bank and actually take the central bank down.
Now, I don't mean they're going to come in with weapons and break down the door.
I do believe as people see the crisis, the economic crisis, I do believe there'll be many different moves to move back to the Constitution and move away from the Private West Central Bank, because a lot of people will be suffering, a lot of people will be pissed off, a lot of people will be looking for solutions, and this will make it a lot easier to do what needs to be done.
And I do believe in the end, the Central Bank, they will cease to exist.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
Thanks a lot.
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