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March 20, 2024 - X22 Report
20:26
Ep 3310a - Fed Manipulating Inflation Target, Fed Note Regime Shift Coming
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Music.
You're listening to The Axe 22 Report.
My name is Dave and this is episode 3310A and today's date is March 20th, 2024.
And the title of the episode is Fed Manipulating Inflation Target Fed Note Regime Shift Coming.
Let's talk Let's talk about protecting ourselves.
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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 panicking because they know that people are realizing they can't control inflation.
And they realize that the people are starting to understand that the economy is completely and utterly falling apart.
And you could see in the past, by manipulating the data, by manipulating the inflation, by manipulating the GDP numbers, the unemployment numbers, it was very easy to convince the people that everything is fine.
That there are no problems.
Inflation's at 2%, everything looks good, GDP numbers are coming in exactly where we want them, and unemployment is exactly where we need it to be.
Now, what has happened since then is that everything that they have done to push stimulus, to crash the economy, they thought they were going to do this while we had the pandemic.
We don't have the pandemic and this is a major problem for them because now everyone can see what they're doing.
Now remember, when inflation started to pick up they lied to the people and told everyone it's transitory, it's going to disappear in the summer, don't worry about it, and it just never went away.
It's here to stay.
Because remember, inflation is cumulative.
And what do we see now?
We see the Fed looking at other ways to try to convince the people that there is no inflation.
So they manipulated the calculation going back in time, and now what they want to do, instead of hitting a 2% target, they want to hit a 3% target.
So they're trying to convince the people, well, we needed to move the goalpost a little bit and don't worry about it.
Look, we're very close to where we need to be.
Three percent.
Everything looks great.
You think the people are going to buy this?
Absolutely not.
Because the people, they understand that the economic system is completely and utterly falling apart.
And the people around the world understand that they're trying to push the Green New Scam and the people, they're not going along with it.
When you look out in Europe, you can see there are continuous protests going on and it's not going to stop anytime soon.
Right now, the Polish farmers, they've staged 600 protests in a day against EU crippling green policies and cheap unregulated Ukrainian grain.
And long gone are the days when the fake news is trying so hard to present the agricultural fight as a mere demand for subsidies.
No one is buying that anymore.
The people understand that the deep state players, the Central Bank, the World Economic Forum, what they want to do is they want to destroy the farmers so they can take control of the food supply.
Because once again, If you control the food supply and you control the source of energy, where it's coming from the creation of energy, and you control the creation of currency, you pretty much control the people of this world!
See, the Deep State, the Central Bank, the World Economic Forum, they realized, well, if we can control the creation of currency, we can control the nations.
Yes, you can control the nations.
The problem is, is the people are still not controlled.
So now they're just taking it to the next level because they realized over a very long period of time that, hey, we just can't control the nations because we saw what happened in the past.
The people rise up and they push us out.
So what we need to do this time We need to control it all.
So this way, if any of these individuals decide to do something or they think differently with their political view, we can shut down the refrigerator.
We can shut down their air conditioning, their heat.
We can make sure they don't drive today.
If they're not following what we want, they get no electric.
And this is what they want to do.
To control the population.
The problem is this was all being done under an event and the event didn't happen.
Actually, the event was countered.
So now they're in a major, major problem.
That doesn't mean they don't stop.
They're going to continue on with their mission.
Because they have no choice.
They already started the ball rolling.
They already told people we have to go into the Green New Scam.
We have to get rid of fossil fuels.
We need to go to electric vehicles.
But every step of the way, what's happening is it's actually showing the people that their agenda does not work.
You see, before, it was nice theory.
Oh, yes, let's make the planet green.
We can go to electric vehicles.
We can power the Earth with a little breeze and some sun.
And people said, oh, that sounds like a really great idea.
until you actually had to put this into real life.
And then when you put it into real life and people experiencing it, they start to realize, hey, you know something?
It's not what you said it was going to be.
Actually, it's worse and we can't live like this.
And the more they push, the more the people push back and the more their agenda is exposed.
I mean, out in California right now, Gavin Newsom, he's going down this track.
He announced a new partnership with automaker Stellantis that promises to get more clean cars on the road in the state.
So Stellantis, which has brands including Chrysler, Dodge, Jeep, and Ram, they're going to join five other major automakers that previously agreed to California's framework on cutting emissions in 2019.
And they're going to push this very hard to get to zero emissions.
I mean, look at Germany right now.
That's what they're doing.
How's their economy doing?
Not too well.
So what do you think is going to happen as they keep pushing this?
This is going to be a complete and utter disaster in California.
You think California's bad now?
Oh, just wait.
It's going to get a lot worse right now.
But what's very interesting Is that the world's biggest oil producer is the Saudi company Aramco and its CEO Amin Nasser just came out and said that energy transition envisioned by the global warming crowd is now failing.
He went ahead in a rare show of honesty advised that policymakers should abandon the fantasy of phasing out oil and gas.
In the real world, he says, the current transition strategy is visibly failing on most fronts as it collides with five hard realities.
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And the realities are, is that the world cannot function on wind, solar, and driving around in electric vehicles.
And you have to remember that the deep state players, the central bank, the world economic forum, they really don't want you driving electric vehicles.
Remember they do things in phases.
They try to convince you that electric vehicles are the way to go, but in reality, they don't want people actually driving electric vehicles because they want people living in smart cities.
They don't want people leaving the smart cities.
And this is why we had Klaus Schwab out there telling everyone, you know, all the highways that we have out there.
Well, they're going to be turned into parks.
Well, if everyone's driving an electric vehicle, Why are we going to turn the highways into parks?
Because their plan is not to have you drive around in your electric vehicle.
Actually, they don't even want you to have an electric vehicle.
They want you trapped in one of their cities, which they completely and utterly control, and they can shut you down at a moment's notice.
So I think the people now of this country and the people of the world, they're starting to realize this and their plan is completely and utterly backfiring.
Now, the economy is also backfiring on the deep state, the Central Bank and the World Economic Forum players, because they can't control what is happening.
And no matter what they say and what percentages they use, The people, they feel it every single day.
The people, when they go shopping, when they fill up their car, when they have to pay their bills, they know that they're spending more money.
It's common sense.
And no matter what they say, can't convince the people otherwise.
So they're going to give it the old college try of trying to keep their narrative intact, but it's going to fail.
And what they really want to do is they want to raise the inflation target to 3% and beyond.
Peter Sayong put this out on X and said, Democrats in Congress want the Fed to raise its inflation target to 3% and beyond.
That would permanently ramp up inflation and it would magnify the boom-bust cycle, the cycle of Wall Street casino followed by jobless crash.
The scariest monetary fact in DC right now is the guy who just printed 7 trillion is actually the hard money guy.
When Jerome Powell's replaced in 2026, it could even get worse.
And yeah, this is what they're trying to do because again, They're raising the rates, they can't hit 2%, and even if they do hit 2%, does anyone believe them that it's 2%?
No, because what are people feeling?
They're feeling the cumulative inflation.
And the people, they're not buying what they're selling.
So in the end, their entire strategy is going to fail.
And it's failing big time.
Now the Fed, they met today, and they decided to hold off on cutting the rates.
Now, I don't believe they were going to cut rates at this point.
And I do believe what they're doing is they're trying to build this in.
So when they do cut rates, it's not that much of a big of a disaster.
But again, what's going to happen, their plan is going to fail.
So I do believe they're going to go from the six rate cuts to four.
And now they're saying three or two.
I do believe in the end.
They're dragging people along for their one rate cut and I do believe they're going to do this right before the elections.
I don't mean like the day before about a month or two before and I do believe Biden is going to play this up to say look.
We did it!
My policies all work.
The economy is fantastic.
We have inflation under control.
The Fed signaled that we can drop the rates and everything's going back to normal.
So vote for me because I improve the economy.
And what's going to happen when they do this is it's going to start a ripple effect.
And the entire system is going to buckle under its own weight.
And the system is going to crash.
And we could see already that there are financial institutions that are actually preparing for this, because in the end, when everything falls apart, what do you think the Fed, the deep state players, the D's, what do you think they're going to have to do?
They're going to have to borrow and borrow and borrow, which means the Fed is going to have to print and print and print.
And what happens when you do this?
You cause inflation.
It just gets worse.
So I do believe we're going to see hyperinflation start to seep in as the system comes down and people are going to panic.
And this is probably why Morgan Stanley came out with the following information.
And Peter Sayong again put this out on X and said, Morgan Stanley, Consider preparing for a U.S.
dollar regime shift that could crash U.S.
stocks.
A strong U.S.
dollar has been a vital, if often overlooked, source of support for U.S.
stocks since the 2008 financial crisis.
But this could soon change as the greenback enters a prolonged period of weakness, according to top Morgan Stanley strategists.
And you have to remember there are countries out there like the BRICS that are moving away from the Federal Reserve note and what they're doing is they're no longer keeping it in reserve and they're sending it back to the United States and they're going towards their own local currency.
They're going towards gold and they're moving away from the Federal Reserve note.
So if something happens here in the United States and the system crashes, the market crashes, and the dollar starts to lose value because that's what hyperinflation is, do you think a lot of countries are going to start to move away from the Federal Reserve note?
Absolutely.
Do you think the Federal Reserve is going to be able to recover from this by just printing more currency?
No, actually, this puts everything into a death spiral, and actually everything gets out of control.
So I do believe as we go down this path, the deep state players, the Central Bank to World Economic Forum, They're walking into a major business Booby trap.
And when they tried to do these things, it's going to backfire on them.
Now, I do believe Trump and the Patriots, they knew they would do all of these things because, again, why interfere with an enemy while in the process of destroying themselves?
Why interfere with the central bank if they're trying to move us into their new system?
Remember, they're going to try to move us into their new system no matter what.
If Trump was in office, he was in an office.
It makes no difference.
Their plan was always to move the people of this world into a central bank digital currency, into their system that they could have complete and utter control.
Now, if Trump was in the White House and they did this while he was in the White House, they would just blame him and they'd say, look, he crashed the economy.
This is what we got to do to improve it because this system that we're in today, we can't recover it.
The fiat currency is absolutely worthless, but we do have a better system and it's called the Central Bank Digital Currency.
And the optics would be terrible because they'd just be playing everything on Trump.
Trump, he flipped this around.
He put the resident in place.
He allowed the deep state, the Central Bank, the World Economic Forum to do what they do best.
And he knew that they were going to bring us down this path to bring us into the Great Reset, the Green New Deal.
So if you know they're going to do this, you know that they're going to destroy their old system.
So why not have them in the spotlight when they destroy their own system?
This way, Trump is on the outskirts.
Nobody is looking at him.
He can just come in and say, listen, yeah, I see what they're doing.
I see that the economy is crashing.
It looks like we're heading into a recession.
I would watch the market because again, the market's probably going to come down.
And what we need to do to improve the entire economy is we need to drill.
We need to get rid of the Green New Scam.
We need to get rid of all these regulations.
And you could see this is all how this is playing out right now.
And the optics are very, very good for Trump.
And I do believe this is the direction we're heading in right now.
And you could see that everything is being prepared for this moment.
Again, going back to yesterday, Kyle Bass pointed out that they're using their slush fund to keep the market up.
When that money runs out, it's going to be game over for them.
And they're doing everything they possibly can to keep everything propped up.
But in the end, it's all going to fall apart.
And we're already starting to see the internals of the economy fall apart.
And the people of this country are seeing it.
They're feeling it every single day.
This is why the D's are out there trying to change the percentages for inflation.
Well, instead of reaching 2%, let's have it at 3 or 3.5%.
They think that this is going to help them.
Actually, this is going to make it a lot worse because that shows the people That they can never reach 2%.
And if you're raising the inflation number, that tells you that we have major, major problems in the economy.
So, all of this is not going to work.
The people aren't stupid.
They know what's going on.
And it's going to be very, very difficult to convince them otherwise.
Because when people are experiencing it, you can't just say, everything's okay.
Because people are going to call you out on it.
And it looks like We're heading down the path the Patriots have set to actually shift us away from the Federal Reserve.
Now, shift us away from their control because that's what this is really about.
It's their control.
And it looks like we're getting closer and closer to that time where we're going to make a major shift.
And the Patriots are going to bring us into a system that is going to be unlike any other system that we've seen in our lifetime, at least.
And yes, the economy is going to grow very, very quickly and people are going to scratch their heads and go, why were we ever in a private wasn't central bank system?
Why did we ever let this happen?
And the people are going to say, you know, something never again.
And that's the whole point of this.
We can't allow the private wasn't central bank to slither back in to this position again.
Yes, I know we've had three central banks But again, we've had many, many years between each one.
So this time around, we need to continually tell the story and we always need to be on guard on the watch to make sure that this never, ever happens again.
And everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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