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Feb. 16, 2024 - X22 Report
20:23
Ep 3283a - Fake News Begins Rate Cut Narrative, Trump Makes His Move, MAGAnomics Vs Bidenomics
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Welcome to the episode of the Cinecraft Podcast.
Welcome to the Cinecraft Podcast.
My name is Dave and this is episode 3283A and today's date is February 15th, 2024.
And the title of the episode is, Fake News Begins, Rate Cut Narrative, Trump Makes His Move, MAGAnomics vs Bidenomics.
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 loans, credit cards are at all-time highs.
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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, well, their plan isn't going the way they thought it was going to go.
They never expected the people to see their entire plan, but the people are seeing it, and the people are starting to understand that, hey, this whole entire push into the Green News scam, the Great Reset, have central bank digital currency, As the currency of the world, well, the people are understanding that this isn't going to work for them.
And the people are pushing back.
And of course, the deep state players, central bank, they never expected the people to be awake.
They never expected the people to see all this happening.
And now the people are seeing, and it's causing major, major problems.
And you could see the EV market isn't going the way they thought.
The companies that were pushing the EV market, well, It wasn't, it's not going the way they thought it was going to go.
We see many countries now in a recession, many other countries now heading towards a recession.
We see that inflation didn't go away and we see that Trump Is making his move.
Now, I do believe what Trump is going to do as we get closer and closer to the presidential election, he's going to continually point out the differences.
Look at Bidenomics.
Look at Maginomics.
Can you see the difference?
You can't see the difference?
Well, just wait.
You're going to see the difference as we move towards the presidential election, because what are you going to see?
You're going to see higher fuel costs.
You're going to see inflation.
You're going to see the market start to Come down a little bit.
I do believe there's going to be a major market correction as we move forward.
And you're going to see companies start to panic because they're going to be laying off a lot of people.
Now, that's a terrible thing, but people are going to see it.
People are going to wake up and people are going to definitely see the difference between Bidenomics and Maginomics.
And Trump, he's already letting everyone know.
Look at the difference.
Can you see it?
And we'll be talking about that in just a sec but let's look at the companies now with the Green New Scam because major American financial institutions They are now withdrawing from the Global Climate Investment Org.
And this is a huge blow to the green agenda.
So when you look, what do you see?
You see JPMorgan Asset Management and State Street Global Advisors.
They will not be renewing the membership in Climate Action 100 Plus, a coalition of investors and asset managers with a combined 68 trillion under management that pushes corporations to reduce emissions and adopt climate risk disclosure practices.
So yes, there are still companies in this organization.
But as everything starts to break down, you're going to see many more to say, you know, I think we're done here.
Just like there are certain financial institutions, they are now backing out of ESG.
Because why?
People now can see the truth of the matter.
Remember, none of this was supposed to happen while the people were awake.
None of this was supposed to happen when people could see exactly what was going on and they can question everything.
All of this was supposed to be happening When people were afraid and scared of their house because of the pandemic or if there was a war.
Now, yes, the pandemic didn't work and they're pushing for war.
And this is why they're doing this.
But the people, since they were awake now and they're living their everyday lives.
They can see the truth of the matter.
So when the Deep State, the Central Bank, the World Economic Forum tries to push war, the people will understand that this is the direction we shouldn't go.
And I do believe Trump and the patriots, what they're going to do is they're going to cancel their entire war plans with peace.
And Trump has mentioned this many, many times before.
But we could see as we move down this path, we know the Deep State, the Central Bank, the World Economic Forum, They're going to be bringing us into the Great Reset.
This is their main mission.
Is it going to work?
Absolutely not.
But to get there, what do they got to do?
They got to destroy their old system.
And that's what you're experiencing right now.
And you could see there are many, many countries now in a recession.
Genevieve Rokdekter put this out on X and said, countries officially in recession, UK, Japan, Denmark, Estonia, Finland, Luxembourg, Moldova, Peru, Ireland.
Who's next?
China, Germany, and Canada?
Well, I do believe Germany is already in a recession.
Yes, they might be revising the numbers, trying to convince people that they're not, but pretty much the officials in Germany, they're already screaming out there saying, yeah, we have major, major problems.
Manufacturing is dead in the water.
EVs aren't selling.
Things aren't looking too good.
If you look at Canada, that's another disaster.
And you can see that people can't afford anything.
Real estate is completely out of control.
Food prices are out of control and they're in a huge amount of debt.
So I do believe we're going to see many countries around the world move into that recession slot.
And yes, eventually what's going to happen is you're going to see the United States In that same position.
Now I do believe the U.S.
is already in a recession.
I don't mean a deep recession but we're in a recession and I do believe it's going to get worse and worse as we move forward and get closer and closer to the 2024 elections and I do believe Trump and the patriots they're going to be using this against the deep state the central bank of the world economic forum and you could see
Throughout this entire process where Trump made the country look incredible by lowering inflation, by lowering energy costs because we became energy independent, by creating a lot more jobs, what happened after COVID was that the jobs that Trump created, well Biden when the economy opened up, During Biden's time, the people just went back to those jobs.
But what Biden did, he decided to replace the American worker with a foreign-born worker, which is illegal.
The Center for Immigration Studies put this out on X and said, all employment growth has gone to the foreign-born.
183,000 fewer US-born Americans are working than in 2019 before COVID.
Yet the number of immigrants, legal and illegal, working is up to 2.9 million over 2019.
So last year it was reported month after month that foreign-born workers were taking all the jobs away from native-born Americans and the native-born Americans, they lost their jobs.
1.2 million native-born Americans lost their jobs in August.
771,000 foreign-born workers replace them.
And you can see this is part of their agenda, to replace the American people with the illegals.
Because again, how do you make the country a third world nation?
How do you get people to accept lower wages?
Well, this is how you do it.
And how do you steal the jobs from the American people?
This is how you do it.
And you can see that they're already prepping this country.
But again, the people see it happening.
The people are getting pissed off.
The people are getting very angry.
And the people are understanding that if we continue down this track with this economy, the way it's operating today, it's going to be a complete and utter disaster.
And we could see after the holiday season, retail sales, well, they're not doing too good right now.
US retail sales they have plunged in January and they were expected to decline just by like around 0.2 percent but it looks like they are now down by 0.8 percent.
And the drag on the year-to-year retail sales are down 0.6% and the calculation in the numbers of December, they were revised and we can see that things now are getting worse as time goes on and they continually have to play with all these numbers to make it look like everything is fine.
But again, inflation never went away.
Inflation is here to stay just because the inflation rate comes down doesn't mean inflation goes away because remember inflation is cumulative.
So it's just going to get worse and worse, maybe at a slower pace, but it's going to continue to get worse and worse.
And everything that Biden has done, it doesn't disappear.
EJ and Tony PhD put this out on X and said, 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 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-rounds gold standard coin if you qualify.
Here's the CPI on today's dumpster fire of a report.
Inflation isn't dead.
You're 6,800 poor because of it.
And it's poised to get much worse next year.
And it will continue to get worse.
And you can see the fake news.
in the description.
Here's the CPA on today's dumpster fire of a report.
"Inflation isn't dead.
You're 6,800 poor because of it.
And it's poised to get much worse next year." And it will continue to get worse.
And you could see the fake news.
They're trying to get ahead of all of this and convince the people that everything is fine.
The Wall Street Journal put this out and said, breaking, inflation cooled to 3.1% in January while underlying prices ticked up slightly more than expected.
The New York Times put this out, breaking, U.S.
consumer prices rose 3.1% in a year through January, cooling less than expected.
So it makes it sound like inflation's under control and everything's fine.
Wall Street Silver responded to this and said, interesting the way the corporate news media frame the inflation report.
So higher inflation is lower inflation and hot reading is cooling.
Do you think they use this type of loaded language on every story?
Absolutely!
They're trying to gaslight the people.
They're trying to convince the people, don't worry, everything is fine.
This is not going to work because it's going to get worse and worse.
And the problem with all this is that the everyday person that's making a living is on a fixed income.
Has their bills.
Goes food shopping.
They see it firsthand.
You know when you have more in your pocket or less in your pocket.
You can see your homeowners go up.
You can see the auto insurance go up.
You can see food prices moving up.
You know when you're spending a lot more than what they're saying.
So this entire argument isn't going to work.
So what is the fake news doing?
What is the Deep State Central Bank World Economic Forum doing?
Well, they're going to give you different solutions to this problem.
And one of them is maybe you should start skipping meals.
The Wall Street Journal put this out and said, to save money, maybe you should skip breakfast.
So now they're telling everyone, go ahead.
It's fine.
Everything is great.
You see, inflation is really not there, but if you're still struggling, just don't eat.
So once again, do you think the people are going to notice this?
Do you think the people are going to understand?
Wait a minute, don't eat.
Don't eat breakfast.
Next thing you say, don't eat lunch.
Just eat one meal a day.
Soon they'll say, don't eat any meals, eat bugs.
I mean, that's how it works, doesn't it?
And you can see they're already building this narrative.
And you could see with inflation moving up right now, the Fed isn't going to cut rates.
And I do believe they have calculated this to hold the Fed off because they don't want the Fed to do this too soon.
They want the Fed to do this most likely in the summer.
But what they're going to do is they're going to build the narrative of why the Fed should cut rates.
And we can see right now that's exactly what Business Insider is doing.
The headline on this article is, the risk of recession could flare up if the Fed waits too long to cut rates.
So basically, if the Fed waits too long to cut rates, we're going to be heading into a recession.
By the way, I do believe we're already in a recession.
I do believe the recession is going to get worse.
What they're really saying is, hey, the Fed is going to be cutting rates soon to stop the recession.
Are you guys OK with that?
That's what they want to convince the people of.
Don't worry about inflation because if they don't cut the rates, we're going to be heading into a recession because they know that the inflation rate is going to lose control.
They're going to lose control over it.
People are going to notice that inflation is really starting to move up.
So they won't be able to use the story that, oh wait, the Fed is waiting for inflation to come down.
The job market, it has to be good.
So now they're just going to use the excuse that if they don't do it, we'll be in a recession.
No matter what they do, we're already going to be in a recession, because we are, and the recession's going to get a lot worse.
So you can see they're already building up to this.
But you can see there are certain states that are now taking precautions.
They're putting in insurance policies to make sure that people have a way out of the fiat currency, because when inflation hits, what happens?
The value of the currency declines very, very rapidly.
And Bitcoin put this out on on Telegram, by the way, and it says the state of Missouri passes a bill out of committee to protect your fundamental right to buy self custody and mine Bitcoin, which, again, will help people and Trump with the economy breaking down.
With the economy heading into a deep recession, most likely a depression, Trump, he has made his move to show the people, look at the difference.
Look at Biden's economic policies.
Look at my economic policies.
You can really see the difference right now.
We were energy independent.
The economy was good.
You had more money in your pocket.
Now look at Biden.
And he's pointing to Rashid Walter's substack and it's Magadomics.
versus Bidenomics.
So you can definitely see the difference now.
And let me just read a portion of this article.
When Trump became the 45th president of the United States and nationalized our globalized and stagnated economy, the United States-Mexico-Canada agreement was Trump's replacement for the disaster known as NAFTA.
USMCA is projected to bring in 170,000 jobs, 70 billion gain to US GDP, and 2.2 billion increase to US agricultural exports by 2026.
As a check on China's monopoly and unfair trade relationship with the United States, the phase one China trade deal was another great deal that Trump delivered to the American people.
As part of the agreement, China committed to buying $200 billion in U.S.
goods and services over a two-year period starting from January 1, 2020 until December 31, 2021.
This would have decreased the U.S.
trade deficit with China by 54%, making it historic.
Unfortunately, due to Biden's weakness and refusal to honor the Phase 1 trade deal of Trump, China failed to purchase the remaining 49% of what they had pledged to purchase.
Even with all the great trade deals and stock market performances, Maginomics crowning achievement was making the United States energy independent through the opening of federal leases to oil and gas corporations, which encouraged greater drilling and fracking.
Under Bush, Obama, Biden, the average gas price was $3.30, $3.68, and $4.06 during their respective tenure.
In contrast with an average gas price of $2.81 per gallon, Trump's presidency had the lowest gas prices of all three presidents.
Swiftly undoing Trump's energy policies, Biden halted all federal oil and gas leases, including lease 261, a 73 million acre stretch of Gulf of Mexico water that was scheduled to be leased to oil corporations before Biden took office.
Biden also promptly revoked the Keystone XL pipeline and recently blocked oil drilling on 10 million acres in Alaska, including leases Trump sold.
Due to the antifossil fuel policies of Bidenomics, there has been a 40 year historical high rate of inflation.
Driving up the cost of food by 18%, gas by 52%, and energy by 38%.
Sadly, binomics is a gift that keeps on giving.
And illegal immigration is the worst part of it all.
Biden's open border policies and lack of action on illegal immigration will seriously harm the United States' already fragile economy.
The mayor of New York City, Eric Adams, who is a Democrat, estimates illegal immigration will cost New Yorkers $12 billion by 2025 and will destroy the city.
And I do believe the people of this country, they're definitely seeing the difference now.
is in danger, energy prices skyrocketing, and illegal immigration financially depressing the American economy.
Magonomics will ensure that 401ks are secure, energy costs are low, trade deals are fair, and American wallets are full.
And I do believe the people of this country, they're definitely seeing the difference now.
And as we move throughout this year and we get closer and closer to the presidential election, more and more people are going to notice this.
Why?
Because people, sadly, are going to be laid off.
People are going to struggle.
And people are going to hit the economic precipice, which means that people, they will see the difference.
And that's what this is all about.
It's about waking the American people up Showing the people, look, these people don't have your best interest at heart.
They don't want a strong economy.
They don't want you to have money.
They want to bring you into the Great Reset, the Green New Deal.
And the only way to do this is destroy your way of life.
Trump, on the other hand, wants everyone to do well.
Wants America to do well.
And he wants America to be great again.
He wants the economy to be great again.
And he has proven to the people that's what his agenda is.
And he's proven that Biden and all the others, fake news and everything else, they want the opposite.
Because remember, he didn't tell people this.
He showed people this.
And the people are going to see a lot more.
And I do believe in the end, the people are going to be with him.
And if the people are with him, which I do believe they will be, it will make it a lot easier to move away from the deep state, the World Economic Forum and the central bank.
And it will make it a lot easier To do what needs to be done and I do believe we're going to be going back to the Constitution.
I do believe we're going to take a closer look at the Fed.
I do believe the Fed is going to be restructured into the Treasury and the Central Bank will cease to exist.
And this will spread around the world because the rest of the world will be on board because they'll be watching the United States.
And when they see what's happening, they'll say, you know something, we need to do the same thing.
And the people, they will push this very hard.
And with the people pushing this, this will bring down the central bank system.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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