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March 4, 2024 - X22 Report
23:39
Ep 3297a-More The [CB]/Biden Admin Does The Worse It Gets For Them,Economic Restructuring Has Begun
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Hi and welcome to the show.
You're listening to The X-22 Report.
My name is Dave and this is episode 3297A and today's date is March 4th, 2024 and the title of the episode is More the Central Bank Baidman Admin does, the worse it gets for them.
Economic restructuring has begun.
Let's talk about protecting our wealth.
If you keep your money in the bank, listen up.
Your savings could be at risk.
The banking system is once again under extreme stress.
And after last year's banking crisis, the dangers are clearer than ever.
Car loans are defaulting.
Credit card debt is ballooning.
Commercial real estate is on the brink of collapse.
These aren't just red flags.
They are sounds of a financial ticking time bomb.
But there's a safe and easy way to protect your financial future.
Gold.
Gold is outside the government's reach and safe from economic policies that jeopardize your wealth.
Gold allows you to lock in today's value in the face of tomorrow's uncertainty.
Don't wait for the next headline, crash, or bank run to act.
Inaction could be catastrophic.
Contact Noble Gold Investments today and safeguard your tomorrow.
As a bonus, they'll give you a free quarter rounds gold standard coin.
As a thank you for opening a qualified account, visit x22gold.com to claim your gold coin.
That is x22gold.com 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, the more they do, the worse it gets for them.
Because what are they showing the people?
They are showing the people their true agenda.
And the people, they understand who's responsible for this.
And they understand their agenda and their mission to move us into the Great Reset, the Green News Scam.
Does not work and does not benefit for the people.
The other thing that the people are now seeing is that, wow, look at this.
The fiat currency is losing value every single day.
The buying power of this currency is decreasing and the buying power of alternative currencies is increasing.
And the people are seeing this very, very clearly.
And there's also seeing the same exact people, all the heads of the central banks, the corrupt, Politicians, the fake news, all going after the alternative currencies.
It started with gold when we had Ron Paul going after Bernanke, letting him know, like, hey, why do you keep gold?
Why does the central bank still buy gold?
Head of the central bank at the time said, listen, we just buy it because it's something that we've been doing and people don't use it today because it's not really money, it's a barbarous relic.
Now, we all know that's completely and utterly false.
And we know the private Western central banks, they continually purchase gold because why?
Because they know their paper money is absolutely worthless.
And in the end, it will be worthless.
So once again, everything the Deep State has been trying to do and fighting against gold, fighting now against Bitcoin, it's all going to fail.
We're going to be talking a little bit more about this a little bit later.
But first, let's talk about what's happening with the Green News scam, because this is not going the way the Deep State...
Central Bank, the World Economic Forum thought it was going to go and what we're seeing is the people are moving away from the EV market.
People are starting to realize that yes these cars they're okay to have but you should also have a choice.
No one should mandate that this is the only type of automobile or any type of vehicle that you should be using.
Because again, it doesn't go that far, it doesn't work that well, and it takes a very long time to charge, and people are starting to understand and realize that these lithium batteries, which are actually created out in China and many other places except here in the United States, they catch on fire!
And what we're seeing in New York right now, we're seeing fires by lithium-ion batteries.
And these are from the e-bikes.
And the New York Fire Department is letting everyone know that, yes, we're seeing an increase in fires because of these bicycles.
So these lithium-ion batteries used in e-bikes and other electronic mobility devices are now a leading cause of fires in New York City following their popularity surging during the pandemic's delivery boom.
The Fire Department New York Chief Fire Marshal Daniel Floyd says that fires related to lithium-ion batteries have gone up nearly nine-fold since the pandemic.
With more blazes related to the batteries happening in the last two months than in all of 2019.
And we can see as cities start to move to these e-bikes, move to EVs, we're going to see a lot more of this.
Now, once again, there's no problem with solar power, there's no problem with EVs, but it shouldn't be mandatory.
Just like vaccines should not be mandatory.
If you want to be protected, go ahead.
If you want to use an electric vehicle, Go ahead!
But it shouldn't be mandatory for the entire population and the government should not be telling us what we must use and this is the only thing we need to use.
Trump completely pushes back on the entire electrical vehicle mandate and during his rally out in Virginia he let everyone know that he's going to terminate Biden's electrical vehicle mandate.
Take a listen to what he said here.
On day one, I will terminate Crooker Joe's ridiculous electric vehicle mandate.
It is so ridiculous.
They're wonderful, but they don't go far.
They're too expensive.
And you know, I'm leading Michigan by 14 points.
You know why?
The autoworkers love me.
Because I'm going to bring autoworkers back.
They're not going to Mexico.
They're not going to China.
And they know that the electric vehicle mandate They know that that whole thing with electric vehicles, they're all going to be built in China because they have all the minerals and materials for them and we don't.
But we do have a thing called gasoline at a level that nobody has.
And if you listen to it, it's the mandate.
It's not saying he's getting rid of all electric vehicles.
He's saying the people should have a right to choose.
No one should mandate anything.
And I think the people now are starting to understand this and they're starting to realize hey look these things that they've been pushing at us even though there's no demand for it they don't work as advertised and people are starting to understand this just like people are starting to understand that the economy's breaking down and by raising the minimum wage doesn't really fix the problem actually it's just a band-aid fix and you need to go back to the source of the problem just like with any disease yes you can Control the disease with medicine.
You can mask the symptoms with medicine, but you need to go to the source of why did this disease happen?
What's making it occur?
And how can I cure this?
The same thing with the private Western Central Bank and the entire economic system today.
You need to go back to why do we have inflation?
Why do we need the minimum wage?
Why do we have these problems in this country?
And when you do that, You always end up at the private versus central bank system.
And we could see the deep state players, the Central Bank, the World Economic Forum, they're going to continually raise the minimum wage forever because the system does not work in the end.
And you could see out in California, this is biting Newsom on the butt here, because remember, he said, listen, we're going to make the minimum wage $20 an hour.
And of course, those people that donated to his campaign, like Panera, Who has, you know, one individual has a lot of chains out there.
Newsom decided to exempt Panera from this.
Now people are calling on each other to boycott Panera Bread.
So this is not working in their favor.
This is hurting them.
But again, these minimum wage increases, it's not going to help because what's going to happen over a couple of years, actually, now the time span is getting shorter and shorter.
What's going to happen is you're going to need another minimum wage in a year or two.
And people are gonna be like, okay, let's raise it again.
And you know what companies do?
They don't keep everyone employed.
They get rid of people.
They automate.
And this doesn't help the people whatsoever.
But you could see Bidenomics is definitely not working for the people.
And it's a complete and utter disaster.
And CNN is actually letting everyone know that yes, the internals, the thing that people are feeling every single day, it's not helping them.
And again, this is something that they can't hide.
Yes, they can make the market go up, they can keep that illusion alive, they can manipulate the numbers, they can say inflation is great, the unemployment numbers are fantastic, but when people go out every day and they go to work, they spend money on food, They pay their rent or their mortgage, they pay their insurance, they pay their... People understand when things are breaking down, and this is something that they can hide.
And right now, the cost of living is still way too high for Americans, and it's not gonna go down, because, again, inflation is cumulative, it's gonna continually move up.
But don't worry, The CEOs of these corporations, they have a solution for everyone.
And the CEO of Kellogg's is letting everyone know that maybe people should eat more cereal.
It's more affordable during economic tough times.
Now, again, this is all most of the cereals crap.
It's all sugar, chemicals and things like that.
And of course, this is what they want you to eat.
And soon, what are they going to do?
Tell you to eat bugs?
Seems like we're heading in that way.
Now, since people are being laid off right now and the tax receipts aren't coming in, we know what's going to happen.
The loan shark, which is the Federal Reserve, they're going to take their enforcers and they're going to go after the people because they need to collect.
Go back to the time of kings and queens.
When they didn't have money in their coffers, what did they do?
They said, we need more of this.
Where are we going to get it?
Let's go back to the people.
They need to pay us more, so we're going to tax them more.
And eventually what happens is they tax the people into oblivion and the people can't take it anymore.
That's exactly what's happening right now.
Right now the IRS is going to retrieve potentially hundreds of millions of dollars from Americans who fail to file their tax returns.
So they're going to go after everyone who has incomes over $400,000.
Do you really think it's going to stop there?
Because once they get that money, or if they can get it, what do you think they're going to do?
They're going to drop the amount.
They're going to go after everyone in the end because in the end, they're going to realize with all these layoffs that are happening, we just don't have the money to keep the government going.
And if they don't have the money to keep the government going and to pay back the Federal Reserve, what do you got to do?
You got to send out the enforcers and you got to have them collect the funds.
Why do you think they wanted the IRS agents armed?
Why do you think they wanted 87,000 IRS agents?
Because when the system breaks down, this is what you see.
But don't worry.
Let's talk about protecting our wealth.
If you keep your money in the bank, listen up.
Your savings could be at risk.
The banking system is once again under extreme stress, and after last year's banking crisis, the dangers are clearer than ever.
Car loans are defaulting.
Credit card debt is ballooning.
Commercial real estate is on the brink of collapse.
These aren't just red flags.
They are sounds of a financial ticking time bomb.
But there is a safe and easy way to protect your financial future.
Gold.
Gold is outside the government's reach and safe from economic policies that jeopardize your wealth.
Gold allows you to lock in today's value in the face of tomorrow's uncertainty.
Don't wait for the next headline, crash, or bank run to act.
Inaction could be catastrophic.
Contact Noble Gold Investments today and safeguard your tomorrow.
As a bonus, they'll give you a free quarter rounds gold standard coin.
As a thank you for opening a qualified account, visit x22gold.com to claim your gold coin.
That is x22gold.com or click the link in the description.
While the IRS agents are going after all the Americans, what do we have?
Well, we have the Biden administration doing what?
Helping all those people that are coming into this country illegally.
Giving them food, giving them clothing, giving them transportation, a home, actually even giving them money.
John Besham put this out on X and said, Biden's State Department providing travel loans to illegal aliens around the world through UN's IOM, U.S.
Refugee Admission Program.
They're interest-free loans to aliens to pay for travel to the U.S., then they never collect the loan payments.
So while the IRS is coming after every single American, what are we going to have?
We're going to have the illegals getting free money.
Does that make any sense?
I think the people realize that this makes no sense.
But don't worry, the resident is very concerned about what is happening, and he's going to go after corporations.
Remember when the fuel prices were going up?
We had Newsom and Biden saying, oh, it's because of the Oil companies, they're gouging the prices when the food prices are going up and they're still going up and they're starting to shrink the products.
They're going after the manufacturers and the grocery stores to let everyone know it's because of them.
It is their fault.
Now the resident has turned his sights onto the food delivery app to order a meal.
And he's letting everyone know that they're the ones who are gouging the prices.
It's called drip pricing.
It's not because of me and my policies where inflation is continually moving up because it's cumulative, it's because of everyone else.
Well again, go back to the source of the problem.
Companies, they're going to do what when an economy breaks down?
They're going to charge more.
They're going to shrink their products.
This is what happens when the economic system breaks down.
And this is what happens when there are certain policies that cause this.
And as the policies cause this, you cannot stop it.
It just continues and continues and continues.
And it gets worse and worse as time goes on.
And this is what the American people are noticing.
People understand that Biden is a complete and utter liar.
They understand that Bidenomics doesn't work.
And every time he points the finger at everyone else, all the different corporations, people realize this is getting ridiculous.
You're blaming everyone else except for what you've been doing.
And the people, they understand this.
Plus, the people understand that people are being laid off.
Inflation's still here.
Fuel prices are still going up.
And banks, well, they're crashing.
The Kobese Letter on X put this out and said, U.S.
regional bank stock, New York Community Bank down negative 66 percent.
Valley National Bank down negative 26 percent.
Metropolitan Bank down negative 26%, Harbor One down negative 18, Zion down 15, Western Alliance down 13, Commercial Bank down 12, and the list goes on and on and on, which tells you everything you need to know.
But again, the entire economic system is completely and utterly out of control.
we're at the end of the private was a central bank.
And as we're at the end, the debt's going to increase like we've never seen before.
Inflation is going to increase like we've never seen before, which means everything is going to increase like we've never seen before.
And what happens with the rates moving up, the federal government, they will not be able to pay the interest on the debt.
And the debt keeps moving up.
It doesn't stop.
Which means it's going to get worse and worse.
Which means the IRS is going to have to look for more and more money.
Because when people are being laid off, what happens?
The tax receipts dry up.
Are you going to see it this year?
No, you'll probably see it next year.
Because if all the layoffs are happening right now, when do you see this?
The next tax season.
Genevieve Rokdekter put this out and said, U.S.
debt rises $1 trillion 100 days.
The U.S.
national debt is rising $1 trillion every 100 days, according to Bank of America.
They estimate it will take just 95 days for the debt to climb to $35 trillion from $34 trillion compared to the 92 days it took to grow to 33 children for $32 trillion.
This is making debt debasement trades attractive like Bitcoin and gold, says Bank of America.
This doesn't end well.
Absolutely.
And that's exactly what we're seeing.
As the debt continually increases, what are we seeing?
We're seeing gold move up.
We're seeing Bitcoin move up.
That doesn't mean they're not going to come down.
But they will move up to new highs and yes, they'll probably drop because what do the central bankers have to do?
They have to try to manipulate it one way or another and I do believe that most likely these will probably come down.
But again, are they going to drop to zero?
Are they going to go back to it?
No, they will drop.
And of course, what are they going to do?
The fake news is going to do?
What is everyone going to do?
Oh my God, look at this.
See, it's all dropping.
It's all, see, it's all reversing.
No, it's going from there high down a little bit.
That's it.
But we see gold is moving up again.
The Kibisi letter put this out on X and said, Gold prices just jumped above $2,100 an ounce for the first time since December 4, 2023.
It's also now just 2% away from a new all-time high, even as Fed rate cuts are delayed.
Recent weakness in the U.S.
dollar has propelled gold prices.
And that's absolutely right.
And I do believe when the private Western Central Bank completely and utterly loses control, what do you think is going to happen to alternative currency?
I think they're going to skyrocket.
And I think we're already seeing signs of this.
Now, I'm not saying it's going to skyrocket today, but again, when they start to lose control, what happens?
People rush into the alternative currencies.
They move up.
People see this.
More people want to join in.
And then what does the private Western Central Bank do?
Well, they got to Try to control the entire situation.
So again, they're probably going to use the paper markets and the gold market to bring the price down.
And I wouldn't be surprised if you see massive sell-offs in Bitcoin and people take their profit and you might see Bitcoin move down a little bit.
But let's go back a couple of days because we had all the central bankers and one of them is the head of the ECB.
Christine Lagarde, she said the following, the ECB only 11 days ago, Bitcoin is worthless and will fall to zero.
Today, Bitcoin hit an all-time high.
Do you think the central bankers like Bitcoin?
Absolutely not.
Why?
Because they cannot control it.
Now the Kobese letter noticed something very interesting about Bitcoin.
And it says Bitcoin now has a market cap of 1.3 trillion as it is officially up 300% from its 2022 low.
If Bitcoin was a company, it would be the eighth largest public company in the world.
The market cap of Bitcoin is equivalent to the market cap of Meta.
In just six months, the total market cap of all cryptocurrencies has doubled.
Since the 2022 low, the total market cap of all cryptocurrencies has tripled.
It's official crypto and Bitcoin are here to stay absolutely and again everyone that's worried about like oh if the internet goes out then you can't use electronic currency well when you really look at Bitcoin in the way it was designed it still can function even if it doesn't have the internet it can still also the gold market with physical gold and physical silver That can still operate without the internet.
What has a problem operating is the Private Western Central Bank system.
Because all their banks, they have a major, major problem.
Now, yes, can you use paper currency?
Of course, but most people don't have paper currency.
So if the internet goes down it's really going to affect the private Western Central Bank system.
Think about that for a second.
So Vivek put this out and asked Google a question.
Can Bitcoin be stopped?
And this is what Google replied.
To even have a chance to stop Bitcoin every government in the world would have to successfully coordinate simultaneously to shut down the entire internet everywhere and then keep it off forever.
Even in that improbable scenario the Bitcoin network can be communicated over radio signals and mesh networks.
Hmm that's interesting.
So do you think they will try this?
I do believe so.
They will probably try to scare the people saying, look, alternative currencies aren't good.
We need to move into something else.
And I do believe in the end, this is what they're going to try to do.
But in the end, it's going to fail because think about it.
Bitcoin was designed to work without the Internet.
Gold, physical gold, physical silver is designed to work without the Internet.
And what does that mean?
It means you can have these currencies.
The banking system, well, that's a whole different story.
Yes, they can run on generators, but again, if the internet is down, the banks cannot communicate, you don't have your app, they don't work over radio signals, they don't work without it, so this will be very, very difficult.
Yes, you can go into the bank and try to get cash, but if everyone does that, the banks just don't have the cash to give you.
So I do believe the private West Central Bank system, they will probably try something like this, probably like a cyber attack, a coordinated effort between all the governments to bring down the internet.
Isn't that interesting?
And I do believe they will try this very, very close to the presidential election as we're approaching war.
And I do believe this is how they're going to try to make their case to move into their new system.
But again, this is going to completely and utterly fail.
Because the people, they're not going to go along with it.
And Trump is letting everyone know that once he is voted into office, which I do believe he will be, we're going to throw out Bidenomics and we will reinstate Maginomics.
And I do believe Maginomics is going to be even better than it was back in 2016 to 2020.
I do believe he's going to take it to the next level and everything's prepared and ready for this.
And yes, I do believe he'll be able to Take this economy that's completely and utterly failing, that we're in a recession, that there was a cyber attack.
I do believe by drilling, by getting rid of the private Western Central Bank, having the people create their own currency and going back to the Constitution, I do believe this economy is going to thrive like we've never seen before.
And I do believe he has everything ready and prepared to go.
And again, he's bringing the Deep State, the Central Bank, the World Economic Forum down this path.
And as they keep moving down this path, I do believe this is a trap for the Central Bank, for the World Economic Forum.
And once they enter this trap, there'll be no escape from it.
Which means once the United States moves away from the Private Western Central Bank because of all of this, the rest of the world is going to follow and the rest of the world is going to basically destroy the Private Western Central Bank system.
Because once the world decides we no longer want to be in your illusionary economic system, That's when the central bank ceases to exist and I do believe we are headed in that direction and it's approaching very, very quickly.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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