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May 4, 2024 - X22 Report
18:05
Ep 3345a - Fed Begins Rate Cut Narrative, We Are Sitting On A Time Bomb, Trump Will Diffuse It
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Thank you.
Hi and welcome.
You're listening to The X 22 Report.
My name is Dave and this is episode 3,345.
And today's date is May 4th, 2024.
And the title of the episode is Fed Begins Rate Cut Narrative.
We're sitting on a time bomb.
Trump will defuse it.
Let's talk about protecting our wealth.
Gold has been on an unstoppable run.
It has gone up more than 81% in the last five years and almost 20% in the last 12 months.
It is happening.
Central banks are ditching the dollar and U.S.
Treasuries and buying more gold.
The good news?
It is predicted to go up more.
UBS even said it would go up to $5,000.
Noble Gold Investments phone has been ringing non-stop.
Everyone wants to protect their retirement with gold.
And you can do the same.
Noble Gold Investments can help you secure some gold to protect your future.
From day one, you work with this same dedicated all-American expert.
Whether you're a beginner or or an experienced investor, Noble Gold Investments will make sure you get all the help you need.
And this month, Noble Gold Investments will give you a free quarter ounce gold standard coin if you open a qualified account.
Go to x22gold.com.
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 West Central Bank, the World Economic Forum, everything that they're trying to do to bring down this economy and of course blame it on something else is going to completely backfire on them.
Remember from the very very beginning Trump set up his tax cuts and each one expired at certain times and it shows that the Deep State players who are continually pushing out the idea that his tax cuts only helped the wealthy, if that was true they would have just gotten rid of all of them, But each time the tax cuts expire, the economy gets worse and worse and worse.
And Biden, he's not looking to renew any of this.
So what do the people see?
The people, they start to really understand and they really get to see that, hey, wait a minute, what Trump did just didn't help the wealthy, it helped the everyday person.
And Biden, who doesn't want to renew it, and the economy is getting worse, we could see that, whoa, wait a minute, look what's happening here.
He didn't renew the tax cuts, the economy is getting worse, we're seeing more taxes, and the people are struggling, and the people are saying, you know something?
Now I see it.
See, sometimes you gotta show the people.
You need to show the people the truth, and if you really look at this, Biden didn't get rid of the tariffs, Biden didn't get rid of all the tax cuts that Trump went ahead and put into place, because remember, he campaigned on the notion that all this helps the wealthy.
It doesn't help The everyday person but the people they can see clearly that it does and yes as we get closer and closer to the presidential election we could see the Federal Reserve they're preparing and getting ready to most likely cut the rates and they're using the Unemployment that we're seeing today as their driving factor to say, OK, let's do one rate cut.
Now, I wouldn't be surprised if Biden is going to really force them to do this.
We'll probably find that out later, showing that the Fed really isn't independent whatsoever.
But right now you can see they're preparing this narrative.
Now, we know what's going to happen because everything was set up and everything was put into place and all Biden had to do was keep everything that Trump had.
But again, if you look at the border, if you look at what happened out in Afghanistan, look at the Middle East, that's all Biden, the Central Bank, the deep state players, that's all they had to do.
Just keep what I have, everything will be fine.
So, Trump, the patriots, they knew that they weren't going to do this.
They were going to reverse everything that Trump did.
And once they went ahead and they reversed everything, fuel prices were going to go up.
We were going to see inflation.
Taxes were going to go up.
And this is what people are now seeing, especially as they push their Green New Scam, because the Green New Scam is just that, just like everything else that they've been telling us, like, oh, use paper straws.
Well, isn't it funny that out in San Francisco, which pretty much outlawed all plastic straws in 2018, they dumped 1.8 billion plus gallons of sewage in the Bay every year since 2016.
Now they're under investigation.
See, once again, these people are trying to push certain agendas so other people make a lot of money off of this new product.
And again, it's a scam.
This is what these people run.
They run scams.
But you know what the people of this country are noticing?
The people of this country are noticing that prices of food is continually moving up and it's getting very, very difficult, which means the value of the currency is continually declining.
That's what the real people of this country, that's what they notice.
That's what they understand.
And Wall Street Silver on X put this out, and it's a grandma!
Who's out there at Sam's Club shopping for baby formula for her child, who has a baby.
And every time she goes to the store, what does she notice?
She notices that the baby food continually moves up and up and up.
It started out at like $29, then it went up to $32.
And this is not like over six years.
This is over a couple of weeks.
And then she went to Sam's Club and finally saw, whoa, wait a minute.
Baby formula is now $42?
This is absolutely unbelievable.
And this is just in a span of a couple of weeks.
It's not even like this is six years later.
And she's out there saying, we need to stop this.
This is ridiculous.
Food is completely out of control.
Insurance is completely out of control.
And this is what the people of this country and the people Around the world are now experiencing.
They're experiencing how bad it is really getting.
And this is what's going to push the people.
Remember, each person reaches the precipice at all different times.
What everyone has in common is of course war, of course a pandemic, and the economy.
And when the economy falls apart and people feel the pressure of not making money, feeling the pressure that I can't pay this bill today, I can't buy food, we're gonna have to cut this out, cut that out, this is when people really start to wake up.
And I do believe the layoffs will most likely Start to ramp up as we get closer and closer to the presidential election, and I do believe the Fed is going to use this as their gauge of, okay, you know something?
We see what's going on.
We're going to have to cut the rates here.
Yes, I know inflation is continually moving up a little bit here, but you know what?
We see what's happening with the employment market, and we're going to bring this down.
Now, I wouldn't be surprised if later we hear that Biden actually kind of pushed them into doing something like this, and we find out that the Fed They are not independent.
They actually take a side.
And I think we all know this at this point.
And again, we need to go to the beginning and the cause of all of this.
And this is the Private West Central Bank.
That is the cause of everything that we're witnessing today.
Because think about it.
Think about how many lies they had to tell the American people, not just the people in America, but people around the world, to convince you that the economy is doing great.
And They lie right to your face.
They change the unemployment calculations.
They change the GDP calculations.
They change the inflation calculation.
They continually do all the, all these things.
And basically what that is, is they're lying to the people saying everything is fine.
Look, we have the new numbers here.
You see the new numbers.
Let's talk about protecting our wealth.
Gold has been on an unstoppable run.
It has gone up more than 81% in the last five years and almost 20% in the last 12 months.
It is happening.
Central banks are ditching the dollar and U.S.
Treasuries and buying more gold.
The good news?
It is predicted to go up more.
UBS even said it would go up to $5,000.
Noble Gold Investments' phone has been ringing non-stop.
Everyone wants to protect their retirement with gold.
And you can do the same.
Noble Gold Investments can help you secure some gold to protect your future.
From day one, you work with this same dedicated all-American expert.
Whether you're a beginner or an experienced investor, Noble Gold Investments will make sure you get all the help you need.
And this month, Noble Gold Investments will give you a free quarter ounce gold standard coin if you open a qualified account.
Go to x22gold.com.
That is x22gold.com.
Or click the link in the description.
They tell you everything you need to know.
Everything is great.
Inflation's under control.
GDP numbers going up.
Unemployment's going down.
Everything is great and everything is fine.
See, that is the lie that they're telling everyone because they don't want you to find out the truth that their system doesn't work and it breaks down over time.
But the job numbers came in and the job numbers are pretty darn bad.
They're not what everyone thought it was going to be.
Remember, we had the White House press secretary out there trying to convince everyone that jobs were absolutely fantastic.
Biden was out there trying to convince everyone that he's created a lot of jobs.
Nancy Pelosi was on MSNBC and she said he created all these jobs.
And of course, the host said, well, not really.
It was COVID and people pretty much just went back to the same exact jobs.
We actually lost jobs.
And now all the jobs are being given to who?
The illegals.
So Americans, they're being removed from the workforce and the illegals are taking their place.
But the job numbers are not good whatsoever.
The BBC Letter on X put this out and said, U.S.
US economy has 175,000 jobs in April below expectations of 238,000.
The unemployment rate rose to 3.9% above expectations of 3.8%.
Now remember, these are the manipulated numbers.
Remember the Fed, the government, they're lying to the American people.
They don't count those people that are still looking but haven't found a job because the number of weeks have passed.
So right now we can see that the unemployment rate is moving up and actually if you look at the real unemployment I do believe is around 18 19 20 percent around that area because if you go back to the 1970s calculation well that's what it's reporting but when we look at all this and listen to what Fed Chair Powell said he said substantial weakening of the labor market could prompt rate cuts
So now we have a weakening labor market, lower GDP growth, and rising inflation.
How in the world is this a soft landing?
But look what the Fed said!
They're looking at this, they're watching it, and they're saying, well, you know something?
If this keeps up, we can actually cut the rate.
And I do believe they have timed this perfectly for the presidential election.
Now, Trump, he put this out on Truth.
He said, horrible job numbers just announced, a big miss from fake estimates.
They should have asked me to give the forecast.
Biden is destroying our country.
And he's absolutely right.
And right now the odds of a September 2024 rate cut jumps to 53% after the weaker than expected jobs report.
So the base case now shows T.W.O.
interest rate cuts in 2024 up from one prior to the report.
So they're already preparing the narrative of what they're going to do.
They're going to cut the rate right before the presidential election because again you got to remember They got to make it look like everything that Biden, everything the D's have been doing is working.
Now, of course, the internals of the economy, that is going to continually break down.
That's going to get worse.
People are going to notice it.
They're not going to believe Biden, but that's the whole point.
The whole point is for people to experience it, then hear the liars, then hear these people say the economy is great.
We have people working all over the place.
We're creating tons of jobs.
You need to hear the liars.
But the people, they're going to experiencing something else.
So you're going to have two things being played out at the same exact time.
And the people, what do you think they're going to understand and what do you think they're going to realize?
They're going to realize, hey, I'm being lied to.
I just got laid off.
I'm not making money now.
I can't even find a job.
The college students coming out of college, they're also going to notice, well, wait a minute.
There are no jobs whatsoever.
You're going to have tons of college students where they can't find a job.
No matter how much Biden cancels the student loans, which is completely against what the Supreme Court said, it won't make a difference because these kids will not be able to find a job.
They'll realize, wait a minute, yeah, I know you're canceling the student loan.
I see why you're doing it because the economy, you destroyed it.
You made it terrible.
There are no jobs.
So now I can't even make money, I can't even live, I gotta live with my parents, and this is a complete and utter disaster.
I think people would like to actually have a job, make money without devaluing, and actually pay their student loan.
Plus, why should everyone else pay the student loan?
It makes no sense whatsoever.
But again, you could see where all this is going and you could see how this is going to play out.
And in the very end, I do believe that Trump is going to have to defuse this ticking time bomb because everything is going to fall apart around the presidential election.
And I do believe this is going to give Trump ammunition to use it against the deep state, use it against the central bank, use it against the D's.
And he will be able to use this and he will have the people behind him to defuse all this.
Now, I'm not saying as soon as he gets elected, everything just goes perfectly well and everyone's happy, everyone gets their job.
Remember, Biden destroyed everything.
All he had to do was keep everything that Trump had.
He decided he wasn't going to do that.
Actually, that proves that what Trump did actually works.
And I think the people, they're not stupid, they're going to understand this.
So when Trump gets elected, yes, he will have to defuse everything that Biden has done, everything the central bank has done.
But it will take a little bit of time.
I do believe in the very, very beginning.
I do believe you'll see.
A lot happened.
I think you'll see things turn around, but not everything.
I mean, all the jobs aren't just going to all of a sudden appear.
But I do believe that people will be behind them because every step of the way, you'll see the economy improve a little bit.
Oh, look, it improved again.
Oh, look, another company came back to the country.
Hey, look, they just opened up another 5000 jobs.
I do believe people will start to see this and people will start to understand.
And once Trump.
Moves in this direction.
This is going to hurt the private West Central Bank and the deep state players because the people will then be behind him because they'll see improvement after improvement after improvement, almost like the president of Argentina.
He came in.
Yeah, he had to fire a lot of people.
He had to put the country on the right track.
And sometimes there are hard decisions that need to be made.
But the people of that country, they're seeing the benefits of it.
The same thing with that in El Salvador.
When they first elected the president there he had to change everything.
Now people are starting to see it.
Sometimes you have to put in the work to see the good results in the end and I do believe that people are going to see the hard work that Trump and others are putting in and they're going to see the results and it's going to benefit the people like they've never seen before.
And yes, it might take a couple of months, yes, but you'll see improvements all along the way.
And what will happen is everything will just get better and better and better as time goes on, which will make it completely impossible for the central bank to try to say, oh, no, no, we could do it better.
Because remember, they just destroyed the entire system.
They just lied to you this entire time.
So in the end, I do believe that Trump, he'll be able to defuse this.
We will be in a very dark period of time.
Because of everything that Biden has done.
And I do believe Trump will probably point out, look at all the things he reversed.
Look what he did with the fuel, with all the different regulations, the Keystone, canceling the Keystone XL pipeline.
Look what he did.
He let my tax cuts expire.
Let's put these back into place.
And you're going to see everything start to turn around and the people are going to see it and it's become very, very clear.
And I do believe this is going to allow Trump and the Patriots to go after The actual disease, the actual cancer of it all.
And I do believe that is the Private Western Central Bank.
And that is what needs to be removed.
I do believe in the end what's going to happen is the central bank will be restructured.
It will be put into the treasury.
And the people will then control the creation of the currency.
And I do believe we're going to be going back to the Constitution.
And I do believe people are going to see something that they've never ever seen before.
And once they see it, they're never ever going to want to go back to a private was a central bank system.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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