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May 28, 2024 - X22 Report
23:36
Ep. 3364a - Green News Scam Is Finished,Rate Cut Prepped & Ready, Is The [CB] Attacking Bitcoin?
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Hi and welcome to the You're listening to The X-22 Report.
My name is Dave and this is episode 3364A and today's date is May 28th, 2024.
And the title of the episode is, Great New Scam is Finished, Rate Cut Prepped and Ready!
Is the Central Bank Attacking Bitcoin?
Talk about our health.
Have you ever wondered what happened to the legendary Chuck Norris?
I recently saw a video he made and I was shocked.
He's in his 80s and still kicking butt and working out and staying active.
What's even more shocking is he's stronger and can work out longer and even has plenty of energy left over for his grandkids.
He did this by just making one change.
He says he still feels like he's in his 50s.
His wife even started doing this one thing too and she's never felt better.
She says she feels 10 years younger.
Her body looks leaner and she has energy all day.
Chuck made a special video that explains everything.
Make sure you watch it by going to chuckdefense.com forward slash x22 or click the link down below in the video.
It will change the way you think about your health.
Once again, that's chuckdefense.com forward slash x22 and click on the link in the description below to watch the video now.
You won't believe how simple it is.
Just a reminder, the legendary Chuck Norris is a whopping 81 years old and yet has more energy than me.
He discovered he could create dynamic changes to his health simply focusing on Today's the day!
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Thank you, and God bless America.
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, they are pretty much done because their green news scam, it's not fooling the people.
The people, they see what's really going on and they're starting to realize that all this money, billions upon billions of dollars to make the world green again.
Well, it's not going to anything like that.
Actually, most of that money is being laundered.
Most of that money is going to terrorists.
Most of that money is going into people's pockets.
And everything...
Biden talked about where they said, oh, we're going to be putting in all these EV charges all over the place.
All we need is money.
Well, isn't it strange that really none of them have been built?
Where's all the money?
What happened?
Actually, Pete Buttigieg, he can't even explain why Biden has only built seven or eight EV charging stations because that money was siphoned off.
And that money will never be seen again.
And it had nothing to do with the Green News scam.
It had nothing to do with what they're telling you it's all about.
That money is being laundered, just like everything else.
And the entire push to push everyone into EVs, it can't happen.
And actually, the World Economic Forum, the central bank, they actually knew this.
See, they couldn't go from gas-powered vehicles, gas-powered planes and everything else, trucks, and they couldn't move you into the smart city and remove everything that you know today, and that is everything that's powered by gas, to...
They just couldn't make that move.
So what the Central Bank, the World Economic Forum, what they like to do is they like to push you there and make you think that this is the right direction and make you think that you're helping the world.
This is why they made the push into EVs, but they knew that this couldn't happen.
We just don't have the resources to make The amount of EVs, planes, and everything else.
We just don't have enough copper and other resources.
And they knew this.
This is why Klaus Schwab came out and said, listen, we're going to make the highways into parks.
Because they knew that once people started getting into EVs and gave up their gas-powered vehicles, It would be game over and they would say, guess what?
We just don't have enough resources to make EVs.
You know what would be better?
It'd be better if we put you into smart cities where you can just be in one location, you can't travel anywhere, you can't move out of that area and that will be better for you.
That's really what they had planned and actually there was a study by a team of University of Michigan researchers And they recently discovered that the amount of copper needed to keep up with the manufacturing demand created by the global ZV agenda is essentially impossible to generate.
On May 16th, Engineering and Technology published an article which covered the results of the new study.
Copper cannot be mined quickly enough to keep up the current policies requiring the transition to electric vehicles.
The study found that renewable energy copper needs would outstrip what copper mines can produce at the current rate.
Between 2018 and 2050, the world would need to mine 115% more copper than has been mined in all human history until 2018 just to meet current copper needs without considering the green energy transition.
So to meet the copper needs of electrifying the global vehicle fleet, As many as six new large copper mines must be brought online annually over the next several decades.
About 40% of the production from new mines will be required for EV-related grid upgrades.
So what exactly do these numbers look like in context?
Well, an EV requires three to five times more copper than petrol or diesel cars, not to mention the copper required for upgrades to the electricity grid.
A normal Honda Accord needs about 40 pounds of copper.
The same battery electric Honda Accord needs almost 200 pounds of copper.
So the World Economic Forum, the central banks, the deep state players, they knew that there wasn't enough resources.
But that's the whole point.
They never really wanted you to go into EVs.
That was a trick.
What they really wanted is you to have no transportation whatsoever.
They want complete and utter control.
Just like they've been pretty much dumbing down our children in elementary, in high school, and in college.
They're just making up these ridiculous majors and students are paying an enormous amount of money.
And this is why Biden had to cancel a lot of the student loans because these people that are taking these ridiculous majors, they're We're never going to find a job.
And remember, it's a presidential election and he needed to get these people back on board because once these people graduate, they're going to, they would say, well, the economy's breaking down.
My major is worthless.
I have all this outstanding debt.
This is absolutely ridiculous.
So this is why he had to cancel the student loans because he knew that the youth would become very, very angry with him.
But listen to these students who are graduating from NYU and listen to their majors.
They're made-up majors that will not get them a job.
Take a listen.
My concentration is environmental science and sustainable business.
Hi, my name is Lex, and my concentration is the performance of self.
Hi, I'm Gabrielle, and my concentration is creative direction, production, and narrative through the arts, performance, and written work.
Hi, my name is Karina Gomez, and my concentration is in journalism and Latin American studies, with an emphasis in human rights, collective memory, and political violence.
Hi, my name is Stephanie Lee and I studied the Sociology of Environmental Communication.
Hi, my name is Reed and I studied Music Business and Gender Studies.
Hi, my name is Dominique and I studied Care Politics with a minor in Disability Studies.
My name is Elliot Wright and my concentration is Art as a Social Mechanism.
Hi, I'm Georgia, and my concentration is Dramatic Writing and Theatrical Adaptation.
My name is Noah Loyacano, and my concentration is Equilibrium or Negotiated Paradox.
Hi, my name is Sophie Lopez, and my concentration is titled Queering and Decolonizing Theater Practice.
Hi, my name is Maya, and my concentration is Journalism.
Think about what they've done here.
They've made these people think that, oh, look what I'm studying here.
This is incredible.
But in the real world, these studies, they don't work.
Plus, it's brainwashing.
That's what that really is.
And this is not going to work as we move forward.
Because, again, what do we really need in this country?
We need scientists.
We need actual doctors, not brainwashed doctors.
We need architects.
We need engineers.
We need people that can do certain jobs.
And yes, it's at all different levels, but educating our children with these ridiculous majors is not going to help the country.
And this needs to end.
Actually, if you really think about it, this all stems from the Private West Central Bank again, doesn't it?
Because again, with this unlimited amount of money, this money then can subsidize the colleges.
Colleges don't have to pay it back or do anything.
And once again, they just make a lot of money.
They have to follow the direction of the deep state players, the central bank.
And this is exactly what we see happening.
Everything stems from the private Western central bank system.
And the people of this country, they are now seeing how difficult it is.
How it's very difficult to make ends meet.
And actually, since Trump and the Patriots have accelerated everything that we've seen over a long period of time into four years, people can really see it.
The Kobisi letter put this out on X and said, 40% of Americans now claim it's getting much harder to retire.
This percentage has jumped from 30% to 31% in 2019 and 2020, according to the National Institute of Retirement Security.
Furthermore, 30% of respondents said that it is a little harder to retire up from 26% and 27% in 2019 and 2020.
People pointed to higher inflation and rising costs of health care in retirement and long-term care as the main factors making it harder to retire.
Interestingly 42% of Americans said that more volatility in the stock market is a major reason for being less comfortable about retirement.
So people are actually feeling it and this is why people now who are younger or even older, that's why they're buying now and paying later.
And we've seen this over the holiday season.
You can see it in stores where people go, okay, you know what?
I'll buy it now.
I'll worry about the payment later.
Why?
Because their credit cards are probably maxed out They need a way to get their items, and this is the only way to do it.
Remember, when we came off the gold standard back in 1971, what happened?
People needed to start to use credit.
I mean, it took a little while.
I mean, just because we get off of the gold standard doesn't mean all of a sudden everyone needs credit.
It takes a little while, but eventually what happens, they introduce credit, they bring you into a new payment system, and everyone thinks this is normal.
And once again, you can see, Things are getting really, really bad, so they need to step it up and bring everyone to the next type of payment system, which we are in today.
The Kobisi Letter put this out on X and said, Global spending using Buy Now Pay Later increased by 18% in 2023 to a record $316 billion.
BNPL usage has doubled in just two years.
BNPL, which allows consumers to pay for purchases in smaller installments over time, is gaining popularity also outside of the U.S.
In the US alone, BNPL spending on e-commerce hit a record $95 billion in 2023.
In other words, let's talk about our health.
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5% of all e-commerce sales last year were financed through BNPL.
It is estimated the global BNPL spending will surpass $450 billion in 2027.
Go to trycono.com/x22 now and see for yourself, or click the link in the description.
5% of all e-commerce sales last year were financed through BNPL.
It is estimated the global BNPL spending will surpass 450 billion in 2027.
More debt is not the solution to inflation.
And that's absolutely true.
And this is what this system does.
It's a central banking system and it implodes around the people.
And as it implodes, what do people have to do?
They have to figure out ways on how to survive until there's that point in time where you just can't survive.
And I do believe we're getting closer and closer to this.
And we can see that this country is now in a recession.
Libs of TikTok put this out and put up a video of all these store closings, and it's absolutely unbelievable.
Rue 21 is closing 540 locations, CVS closing 900 stores, Foot Locker closing 400 locations, 20% of all total stores, Bed Bath & Beyond closing all 360 remaining stores, Christmas Tree Shops closing all of their stores, Rite Aid closing 231 locations.
And this just goes on and on and on, which tells you that, yeah, we're in a recession here.
We saw this back in 2008, 2009.
We are now seeing the same exact thing.
And it's going to be a lot worse than 2008, 2009, because you have to remember, the private West Central Bank, the World Economic Forum, the deep state players, what do they want to do?
They want to bring us into the Great Reset, the Green News scam.
And the only way to do that is to destroy their old system.
And remember, Trump and the Patriots, they know the playbook.
They knew they would go down this path.
And Trump, he put the resident right in place.
The optics are really good.
And why interfere with an enemy while they're in the process of destroying themselves?
Let the central bank destroy their own system.
Let the D's take all the blame.
Let the people see it all happen.
So this way, Trump and the Patriots can move everyone away from their system.
And that's exactly what we're seeing right now.
And yes, it's going to get a lot worse, especially with the debt rising the way it is here in the United States.
Genevieve Roque-Decter put this out and said, U.S.
debt rises $1 trillion in 100 days.
The U.S.
national debt is rising $1 trillion every 100 days, according to Bank of America.
This makes debt debasement investments attractive, like Bitcoin gold, says Bank of America.
And this is absolutely ridiculous.
So if the debt continually moves up and we have high interest rates, that means most of the money is going to pay off the interest on this debt.
The Kobese letter put this out on X and said, net interest expense on U.S.
federal debt reached a massive $514 billion in the first seven months of fiscal year 2024.
This is higher than spending on the national defense, which is $498 billion, Medicare, which is $465 billion, Medicaid, which is $355 billion.
Interest has also surpassed money spent on veterans, transportation, and education combined.
To put this in perspective, in the first seven months of the fiscal year of 2020, net interest expense was 33% lower at $345 billion.
Meanwhile, total government spending has reached $3.9 trillion so far this fiscal year.
This is unsustainable.
So we're wasting all this money on the interest Isn't this how loan sharks work?
Isn't this what they do?
The interest is so much that you just can't pay it?
So instead of all this money going to the veterans, it's going to the interest.
Instead of this money going to Medicare or Medicaid or National Defense, it's going to interest.
Does that make any sense?
This is why we don't need a private Western Central Bank system.
This is why it needs to be removed, because if the people create their own currency, there's no interest attached.
We don't see any of this.
Plus, we don't need income tax, because we don't have to pay off the interest.
So I do believe this is the way to go.
Now, what's very interesting is that we could see that gold and Bitcoin, they are now moving up.
And again, as everyone watches the economy implode and everything starts to fall apart, I do believe the central bank, they're going to attack Gold, which they normally do, and Bitcoin, which they normally do.
And what's very interesting, and the timing is very interesting, is that Bitcoin now is moving down a little bit because Mt.
Gox has now transferred billions to potentially begin creditor repayments.
So I do believe they waited for the right moment to start dumping all of this, to try to bring Bitcoin down as best they possibly can.
Because more than 140,000 Bitcoin was transferred from Mt. Gox link wallets to a new wallet as early as Tuesday.
So I do believe what they're trying to do is they're trying to keep Bitcoin from moving up.
It's almost like when Biden decides to use the strategic petroleum reserve and he uses it to keep the fuel prices down.
I do believe they're trying to do this because they don't want Bitcoin moving up, but do you think this is going to work?
I don't think so.
Yes, I think it will bring it down a little bit, but I think what's going to happen is as inflation continues, as the economy continually breaks down, as debt continually moves up, They will not be able to stop any of this and this will be a complete and utter disaster for the central bank because the central bank doesn't want anyone to see what's really happening.
And you can see it with gold, you can see it with silver, you can see it with Bitcoin, you can see that their system is now breaking down.
And what's very interesting is that U.S.
Treasury Secretary Janet Yellen, she has warned that higher rates will make it harder to keep debt under control.
And I do believe they're now putting this all out there, letting everyone know that they're going to have to cut rates because they're going to have to do it one way or another.
And I do believe Biden, I do believe the Treasury Secretary, they're all going to say, you know something, it is now time
to cut the rates now they're going to have to make it look good so they're going to have to manipulate the numbers and that's what we see them doing right now they're manipulating the inflation numbers and it looks like we're going to be right on schedule because Fed's cash carry wants to see many more months of positive inflation data before a rate cut which means we do have a couple of more months so if they remove coffee they manipulate the calculation a little bit
They can actually have inflation go down, maybe 0.1% every single month, and by the time August-September hits, they could say, hey, you know something?
We've seen enough.
Everything's under control.
It looks good.
Now think about what Biden has done here.
He is now releasing gas reserves to bring the fuel prices down, which is going to lower inflation.
They're manipulating the inflation calculation, removing coffee.
So that's going to bring inflation down.
Not by a huge amount, but you're going to see like 0.1%.
So if we have inflation at 3.4, then 3.3, then 3.2, then 3.1.
And so on and so forth, that will make the case where the Fed can cut the rate.
Now, I do believe this is being done because Biden wants to use this to show everyone that his policies are actually working.
And I do believe Trump on the other side is going to say, well, your policies aren't working.
Everything's falling apart.
People know it because people can see the internals of the economy because they experience it every single day.
And I do believe this is all going to fall apart around Biden in the end.
And we can see that's exactly where we're headed and it will fall apart around Biden.
And I do believe Trump's going to use this leverage to his advantage.
The people are going to be with him and all they're going to see is the Fed has been lying to us.
Janet Yellen has been lying, Biden administration have been lying, they've all been lying, and Trump has been letting us know that the economy is terrible, that under him you've never seen anything like this, and I do believe he'll probably start the narrative of the market coming down.
If you don't elect me, the market's really gonna crash like we've never seen before.
So when I say that under Biden it's gonna crash, I do believe it's going to dip, probably a little bit the first time, then come down even further And this is going to scare a lot of people.
Now, when I say it's going to come down, it could come down 5,000, 10,000 points.
Would that scare people?
Would that tell people that something's wrong in the economy?
And Trump could say, listen, if you don't elect me, this is going to be even worse.
It's going to come down even further.
And I think people are going to really wake up and people are going to see that, you know, something.
Biden's been lying.
The economy's not well.
The Fed's been lying.
Janet Yellen's been lying, and now look where we're at.
And I do believe the people will be on Trump's side, and Trump will be able to shift us away from the central bank system.
And the people will be all for it.
And once you have the people, the central bank is going to have a very, very difficult time Fighting back.
Now the only thing that they can do is to bring us to war.
To attack the financial system.
And they've already let us know that's exactly what they're going to do.
But I do believe Trump is going to use this to his advantage.
Because they're actually attacking their own system.
And I do believe we'll be moving to a different system.
And this will not involve the Private West Central Bank.
I do believe the Private West Central Bank will be restructured.
And we will create our own currency.
But I don't believe the private central bank in the end will be in control.
I do believe we, the people, will be in control.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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