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June 13, 2024 - X22 Report

21:05

Ep. 3378a - Fed Admits The Job Numbers Are Manipulated, The Petrodollar Agreement Is Expiring

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	Music. Music. Music. Music. Music. Music. Music. Music. Music. Music.
	Music.
	You're listening to The X-22 Report.
	My name is Dave and this episode 3378 ANs.
	Today's date is June 13th, 2024.
	The title of the episode is Fed Admits The Job Numbers Are Manipulated.
	The Petrodollar Agreement Is Expiring.
	Let's talk Talk about protecting yourself online.
	2 million people were hit in a massive debt collector data breach.
	The most valuable pieces of personal information to hackers were exposed, including full names, birthdates, and social security numbers.
	What's worse is that the hackers had unauthorized access to this debt collection database for over a week, nearly guaranteeing that they got every piece of information they could want.
	That's why I protect my personal data with today's sponsor.
	VirtualShield 1 and absolutely love the security I get with them.
	VirtualShield 1 helps protect my personal data, browsing history, and internet activity from data breaches like this one.
	It does this by continuously scanning the dark web and helps to erase my data anywhere it finds it.
	That way, my private data is better protected against cybercriminals, tech corporations, or ISPs.
	Plus, VirtualShield 1 includes up to $1 million in identity theft protection insurance so I know my data is safe.
	Every day, 3.8 million people have their personal records stolen from data breaches.
	Use VirtualShield One to help prevent yourself from being one of them.
	Thanks again to VirtualShield One for sponsoring today's video.
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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, you can see as they try to bring us into the Great Reset, the Green News Scam, Trump and the Patriots knew that they were going to destroy their own system.
	And in the process of destroying their own system, they would have to destroy the fiat currency.
	They'd have to destroy the petrodollar system.
	And what's very interesting about all of this, if you go back a little bit in time and you go back to when We went into Libya, Lebanon, Iraq, tried to get Syria.
	Well, that was all to keep the petrodollar system alive because all those countries, they didn't want to trade their oil using the Federal Reserve note.
	So the deep state players, the central bank, they said, oh, no, that can't happen.
	We got to go into these countries and we got to make sure that they use the Federal Reserve note to sell the oil.
	Today it's very very different because if they're going to bring us into the central bank digital currency what do you got to do?
	You got to get rid of your old system and now the petrodollar system the agreement with Saudi Arabia is now expiring and it looks like Saudi Arabia is not going to renew.
	Does this mean that oh the central bank is losing its power?
	No.
	It just means they're getting rid of their old system.
	What's Going to replace that.
	Well, they want a central bank digital currency, but I do believe Trump and the Patriots, they're going to be using this to their advantage.
	Moving forward, because again, you need the deep state, the central bank, the World Economic Forum to destroy their own system.
	Think about if Trump was going to do this.
	If he was in the White House right now and he was going after the central bank system to destroy their system and replace it with a people's currency, how would that look on the world stage?
	What would the central bankers do?
	They would use everything in their power to fight back.
	They would probably destroy the world to make sure they're in control.
	So Trump and the Patriots, I do believe they knew exactly that this type of scenario would have happened.
	So if they stayed in power, they went after the central bank system, they went after the fiat currency, they went after the Federal Reserve note.
	So I do believe what Trump did, he turned this all around and said, you know something?
	We know they're going to bring us into the Great Reset.
	They already mentioned it.
	We know that this is their plan.
	So just allow them to destroy their own system.
	And what we'll do is we will use this against them later on.
	Remember, when you have the people and the people are awake, it's a lot easier to convince the people that, you know, we need to move away from the private sector to make the central bank is bad.
	We need to move into The people's currency.
	We need to go back to the Constitution.
	It's much, much easier to do that.
	And I do believe we're heading in that direction right now.
	And I do believe this is why Trump is looking at Bitcoin, telling everyone, yes, I'm all in on Bitcoin.
	Because you have to remember, the opposite side doesn't want it.
	Because this goes against the central bank digital currency.
	But what's very interesting is that the Federal Reserve, when they were giving their meeting about the interest rate cuts, they actually admitted that the payroll numbers might be a little overstated, which means someone is manipulating these numbers.
	I mean, really think about this for a second.
	Edward Snowden actually responded to this on X and said, not sure I've ever seen the chairman of the Federal Reserve publicly accused the White House of cooking the books on unemployment numbers.
	But here we are.
	So once again, people are saying, well, this doesn't make any sense.
	Why don't you just lower the rates?
	The unemployment numbers look fantastic.
	The jobs are strong.
	Inflation's coming down.
	Why are you holding back?
	They're holding back because they're waiting for the right moment.
	Are they going to do it?
	I do believe so.
	But think about this.
	If the White House is cooking the books or they're manipulating the data and they're overstating it, isn't this election interference once again?
	Because if you're convincing the public, the country, that The job numbers are good when they're really not.
	All for the election.
	Aren't you interfering in the election?
	Yeah.
	You are.
	And that's exactly what they're doing.
	Actually, they're interfering in the election with the entire economic agenda, their narrative, everything else, because everything that they're putting out is fake, phony, and false.
	And they're leading people down the wrong path, just like they led the people down the wrong path with the bioweapon, the vaccine.
	And with everything else, January 6th, you name it, they led the people in the wrong direction.
	With the laptop, wrong direction.
	The economy is the same exact thing.
	If they're giving you fake information because of the election, they're interfering in the election.
	And that's exactly what they're doing.
	They're hiding the truth from the people.
	But we could see their last move is going to be a Federal Reserve rate cut.
	And you could see that every day that passes, we know that this is going to happen.
	And what's very interesting is that MSNBC, they put out an article and says the Fed interest rate mistake is a gift for Trump.
	So every day that passes and the Fed doesn't cut their rates, it's another gift for Trump.
	Now, what do you think is going to happen when we get closer and closer to the presidential election?
	Well, we already know Senator Warren is already telling the Fed to cut the rates.
	We already know that inflation is coming down.
	The Federal Reserve is already building the narrative.
	Remember, you just can't cut the rates and say, hey, look, everything's great.
	You need to build an error.
	Oh, we got to look at the data.
	Oh, we move coffee.
	Oh, inflation's coming down.
	Oh, the job numbers look good.
	Oh, inflation's coming down.
	OK, maybe we can cut the rate.
	So they're holding steady.
	They're building the narrative.
	And just by this article that tells you everything you need to know.
	And when everything shifts and they do cut the rates, remember they're saying having the high rates are a gift to Trump, so when they cut the rates and the economy falls apart, how is this going to look When you look at what the fake news has been saying, what Biden has been saying, what the Fed has been saying, it's not going to look too good, is it?
	But you can see the Federal Reserve, they are building up the narrative and they're already telling everyone that most likely we're going to see a rate cut in the third quarter.
	And I do believe throughout this summer, they have to build it up.
	We need to see how inflation is going.
	Is it going to go up?
	Is it going to go down?
	And if it continually goes down, then we can cut the rates.
	It's time perfectly for the presidential election and I do believe this is exactly what they're doing because this is the only way to show the American people that the economic policies that are driven by Biden and all those people behind him they are working and this is the only way he can convince the people As if the Fed says, OK, the economy is strong.
	We're going to cut the rates.
	Now, they said this back in 2007, 2008.
	They told us that the economy was strong.
	They were raising the rates.
	And then all of a sudden they started to cut it very, very quickly.
	And then what happened in 2008, the latter part of that year, almost like what we're seeing today, the entire thing completely and utterly fell apart.
	Now, it just didn't fall apart.
	We were seeing the problems way back in 2008.
	We saw it in the summer.
	We saw it before the summer.
	We're seeing the same thing right now.
	We're seeing all the problems in the economy.
	And now we know the job numbers are overstated.
	Why would they overstate something?
	Because they want you to believe the economy is good.
	Everything is fine.
	But in the end, this is going to fail and it's going to fail big.
	Now, the other thing that's very interesting is we know that Trump, he is pushing for Bitcoin cryptocurrency and he put out a truth yesterday about how mining is going to basically counter the central bank digital currency.
	And what's very interesting is that ERCA, and this is coming from Bitcoin Magazine, They're recommending that Bitcoin mining be integrated as a controllable load resource to ensure grid reliability.
	So they're already wanting to give power to mining and mining of the Bitcoin now El Salvador.
	They use the volcanoes actually to mine Bitcoin.
	Now, really think about it.
	They keep saying, oh, Bitcoin's using up so much energy.
	How much energy do all the data centers and all the processing systems, how much energy does that use up in all the different banks?
	Think about that for a second.
	Think about how much processing is going on.
	Think about their data centers.
	How much energy are they using for the SWIFT, for credit card transactions?
	Let's talk about protecting yourself online.
	Two million people were hit in a massive debt collector data breach.
	The most valuable pieces of personal information to hackers were exposed, including full names, birthdates, and social security numbers.
	What's worse is that the hackers had unauthorized access to this debt collection database for over a week, nearly guaranteeing that they got every piece of information they could want.
	That's why I protect my personal data with today's sponsor.
	VirtualShield 1 and absolutely love the security I get with them.
	VirtualShield 1 helps protect my personal data, browsing history, and internet activity from data breaches like this one.
	It does this by continuously scanning the dark web and helps to erase my data anywhere it finds it.
	That way, my private data is better protected against cybercriminals, tech corporations, or ISPs.
	Plus, VirtualShield 1 includes up to $1 million in identity theft protection insurance, so I know my data is safe.
	Every day, 3.8 million people have their personal records stolen from data breaches.
	Use VirtualShield One to help prevent yourself from being one of them.
	Thanks again to VirtualShield One for sponsoring today's video.
	Be sure to sign up by visiting virtualshield.com forward slash x22.
	Every sign up using that link will get up to 67% off with a 60-day total risk-free trial of Virtual One.
	Give yourself the gift of peace of mind.
	Once again, that is virtualshield.com forward slash x22 or click the link in the description.
	Quite a bit.
	A lot more than I think than Bitcoin is actually using.
	So when they talk about energy, they have no problem skipping over that because they don't want you to know about that.
	Now we can see that as we move closer to the presidential election, I do believe this is all part of Trump's and the Patriots' plan, it's to remove the central bank.
	If we don't remove the central bank, we're never going to solve our problems.
	Yes, we can clean out the deep state, we can clean out the corrupt people, we can set everything back the way it was, we can drill oil, but if the central bank still exists, We're going to end up with the same exact problems that we have today because all they're going to do is they're going to create currency.
	They're going to come off whatever sound money system we're on.
	If we go back to the Constitution, it would be gold.
	They're just going to do the same exact thing.
	The only way To take the country and put it on the right track is to remove the private West Central Bank because that will also remove the corruption and remove everything that we're seeing, remove the taxes, and we can then really set the country on a very good path.
	And what's very interesting is that the Saudi Arabia petrodollar, the pact, it looks like This agreement is coming to an end and it looks like Saudi Arabia is not going to renew it.
	Now, the term petrodollar refers to the U.S.
	dollar's role as the currency used for the crude oil transactions on the world market.
	This arrangement has its roots in the 70s when the United States and Saudi Arabia struck a deal shortly after the U.S.
	went off the gold standard that will go on to have far-reaching consequences for the global economy.
	In the history of global finance, few agreements have wielded as many benefits as the petrodollar pact did for the U.S.
	economy.
	The petrodollar agreement formalized after the 1973 oil crisis.
	What really created the oil crisis?
	Well, when we came off the gold standard, we went to the petrodollar system.
	That period in between, that was the oil crisis.
	Remember when they told us we're running out of oil?
	Well, think about how many years has passed now.
	Have we run out of oil?
	No.
	So, back in 1973, Saudi Arabia would price its oil exports exclusively in the U.S.
	dollar and invest in surplus oil revenues in the U.S.
	Treasury bonds.
	In return, the U.S.
	provided military support and protection to the kingdom.
	This arrangement was a win-win situation for U.S., oil, and Saudi Arabia.
	Saudi Arabia became very, very wealthy.
	And this set us on a path where we went full fiat, where the government can borrow and borrow and borrow.
	Central Bank would just continually print, and the people would go into debt, and the people would be enslaved.
	And right now, the entire petrodollar system is going to expire.
	And it looks like Saudi Arabia is not going to renew it.
	Actually, there is no new agreement in place, and Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of just the US dollar.
	Which means the other Middle Eastern countries, they're going to do the same exact thing, and that is going to weaken the Federal Reserve note.
	But again, if you're going to remove the Private Western Central Bank, you need to remove their system.
	And I do believe this is exactly what is happening right now.
	The system is being dismantled.
	The central bank system is being dismantled.
	Now remember, they are doing this for what reason?
	Not so we Don't use the central bank anymore because when you really look at the situation and you look very very closely at this, they're actually preparing to set up a cross-border central bank digital currency transaction system.
	And Saudi Arabia has announced its involvement in Project Enbridge, a project which explores multi-central bank digital currencies And this has many different nations on board with this.
	We have Bank of Israel, Bank of France, Central Bank of Bahrain, Central Bank of Egypt, Central Bank of Jordan, European Central Bank, the International Monetary Fund, the Federal Reserve Bank of New York, the Reserve Bank of Australia, and the World Bank.
	So this is what they're setting up to be.
	They want to go on the central bank digital currency.
	But once again, what did Trump say?
	No central bank digital currency.
	We have a bill that has already been voted on saying no we're going against the central bank digital currency so this is going to be very very difficult for the deep state the central bank the world economic forum to actually push this But again, it doesn't mean they're not going to try to.
	They will try to.
	They'll have all the nations on board with this new system, and they'll try to get the United States to get on board.
	Now, that's why, number one, they can't have Trump come back into office.
	Number two, they have to destroy their old system to reintroduce a new system.
	And remember, here in this country, if the central bank, the private central bank, is introducing the central bank digital currency, it is a new currency.
	Congress must vote on a new currency.
	And I don't believe Congress is going to go along with this, because as we can see, they don't want the central bank digital currency.
	All of this is then going to fail, but the central bank, they will push this as hard as they possibly can, and they're hoping that they will be able to remove Trump.
	They're hoping that he won't be elected, and they're hoping that they can have their installed individuals in Congress, so eventually, after everything, they can introduce this.
	Now, are they going to introduce this without an event?
	No, they need an event.
	So they're hoping for what?
	They're hoping for war.
	They're hoping that the cyber attack on the financial institutions and this agreement, which is expiring, this will cover up what they're trying to do.
	Now, if you then introduce war, And you have destruction where cities are destroyed, countries are destroyed, people are dead, and when the war is over, their system will be ready to go.
	Remember, they're always ready to go.
	They are prepared for all of this.
	They're the ones who are causing it.
	They're the ones who are controlling the war.
	And in the end, when the population is reduced and there's rubble everywhere, they'll say, hey, don't worry, we got a new system.
	We're going to build the cities.
	They're going to be smart cities.
	We're going to have people in those cities.
	The rest of the land, you don't have to worry about that.
	And we have a brand new currency for you.
	It's called the sense by digital currency.
	Now, once again, this is their plan.
	They tried to do it with the pandemic.
	Actually, before that, they wanted a war.
	That was part of the 16 year plan.
	Trump We'll counter all of this with peace.
	It's that simple.
	Now, it will look scary, but he will actually negotiate peace, which will counter everything they're trying to do.
	And think about it.
	Once he negotiates peace, what happened?
	Well, the petrodollar system has expired.
	It didn't renew.
	We have the Middle Eastern countries now selling their oil using other national currencies.
	The House right now has a bill that they voted on that says no central bank digital currency.
	Trump is elected.
	He says, well, I'm not going for the central bank digital currency.
	I do believe at this point in time, since all of this is removed and now the Federal Reserve is in trouble because there's no longer the federal, there is no longer the petrodollar system.
	This is when everything is going to start to shift away from the Federal Reserve.
	And I do believe all of this is being set up to move us away from the Private West Indies Bank, not just our country, but the rest of the world.
	And we can see we're now on track for all this.
	The optics are absolutely incredible because everything is pointing to who?
	The Federal Reserve.
	It's pointing to Joe Biden, his administration.
	And Trump didn't do any of this.
	But Trump will negotiate peace, he will counter everything they're trying to do, and bring us back to the Constitution.
	And this is something the Deep State, the Central Bank, the World Economic Forum does not want.
	They don't want us going back to sound money.
	Because once people experience what it's like to be on sound money, where you're not borrowing the currency with interest attached, What happens?
	You see a completely different economic system.
	An economic system that benefits the people.
	The economic system that makes your country flourish.
	This is what they don't want people to see because once people see it, they're never going to want to go back to our private western central bank system.
	Listen everyone, thanks a lot for listening.
	Be well, be safe, and especially be prepared.

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