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June 20, 2024 - X22 Report
26:21
Ep. 3383a - Milei Makes A Move On [CB] Currency, Trump Begins Tariff Narrative, Nothing Can Stop Thi
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Thank you.
Hi and welcome.
You're listening to The Axe 22 Report.
My name is Dave and this is episode 3,383A and today's date is June 20th, 2024.
And the title of the episode is Malay makes a move on central bank currency.
Trump begins tariff narrative.
Nothing can stop this.
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Let's get right into the economic collapse financial news.
Now the deep state corrupt politicians, the private central bank, the World Economic Forum, they are now losing the battle because when you look around the world you can see the countries now, they are now moving in the complete opposite direction of what the central bank actually wants.
They never wanted people to look at alternative currencies.
They never wanted people to look at Bitcoin or gold or silver.
They wanted people to look at the central bank digital currency, to look at the fiat currency.
But all this is now failing.
And people are starting to realize that these alternative currencies, first of all, they're an insurance policy against the fiat currency.
Secondly, they hold their value.
When while the fiat currency is declining and we're starting to see countries actually use these alternative currencies like El Salvador now Malay he is now moving into that realm and I do believe Trump of the Patriots what they're doing right now is they have begun the narrative of hey let's get rid of the taxes and let's
Use tariffs and Trump he put out a very interesting truth which shows tariffs while we're in a central bank system and he also mentions tariffs outside of the central bank system which kind of tells us that tariffs do work and the central bankers they don't like tariffs.
Why?
Because they like to loan the currency with interest.
They want the people enslaved.
They want the people paying it back.
And they want to launder the money.
Because how else do you breed corruption?
If you're using tariffs, everything has to be accounted for.
If you're just continually borrowing, that is something very, very different.
We'll be talking about that in just a sec.
But first, let's talk about what's happening with Biden's student loan debacle.
Because again, remember, the Supreme Court ruled, hey, you just can't cancel student loans.
The people of this country aren't going along with him.
And people starting to realize that, hey, wait a minute, Yeah, you cancel them.
All these students don't have to pay it back.
It's their fault that they took gender studies or these ridiculous majors that don't even make sense.
There are no jobs out there for that.
That's their problem.
And the people, they're looking at this going, wow, so now you're making us pay for everything that they've done.
I mean, this is Socialism 101 right there.
So where is all this going?
Well, CNN put out an article that says student loan relief contributing to 27% jump in projected federal budget deficit.
Wall Street Silver responded to this and said, all of those student loans being forgiven by Biden, guess who's paying for them now?
We do.
They get shifted to the national debt.
We now get to pay interest on them forever because the national debt will never be paid down.
Hundreds of billions of dollars.
And I think in the future, Whenever this happens, who should pay for this?
Well, the people should know that, hey, by the way, if we cancel this, everyone has to kick in another, you know, $80, $90, $100, $200 a month.
Or should we make the politicians pay for something like this?
Again, the Supreme Court ruled, listen, you can't do this.
And if you're going to cancel something, and you're going to put this back on the people, you have to pay for it.
I do believe that government needs to be accountable and these people making decisions, well if there's no accountability for them, they're just going to keep doing this.
So we need to turn this around on them and make them completely accountable.
If they want to do something, they want to cancel the student loans, fine.
You pay for it then.
Don't put it back on we the people.
You get to pay this because, again, these individuals, they decided to go to school, they decided to take out student loans, they decided to study these majors that have no jobs whatsoever, and they have to pay it back.
Now, if a politician wants to cancel the student loans, be my guest as long as you pay for it.
You can pay for their schooling absolutely no problem.
And we had an individual, he now blocked his account, where he was thanking Joe Biden for canceling the student loan.
And Governor Mike Huckabee responded to this and said, what a tool!
Does this deadbeat know the loan he signed was paid by truck drivers, carpenters, plumbers, mechanics, and chumps like me who work 40 hours a week to pay for my college?
He thanks Biden, but Joe didn't use his money.
He used our money.
He used the money of the working people.
Exactly.
Why is he thanking Joe Biden?
Everyone else now is on the hook for this.
And this goes back to what I said before.
These individuals They should pay for it.
Then that person can thank Joe Biden.
But again, the politicians, they would never do this if they had to pay for it.
And I do believe moving forward, we need to make sure that each and every one of these politicians, if they put a project and they put money towards it, the people's money, and the project never gets off the ground, we don't know where the money goes, every single person that voted for it, that signed on to this, must pay All the money back because if there's no accountability, this will continually happen over and over and over.
Just like what you see out in California.
California is a complete and utter disaster.
They're spending money like crazy.
They don't even know where the money went.
They're building this high-speed train.
They're doing all these other things and nothing ever gets done.
Where is it all going?
I think we all know it's all going to money laundering.
It's going into other people's pockets.
But again, who's responsible for paying all this back?
It's we, the people.
And Hauman David Hemendy put this out and said, California has the strongest clean air regulations but the most polluted air.
California has the highest taxes but the biggest deficit.
California has the largest economy but the highest unemployment.
California has the highest paid teachers but the lowest literacy.
California has the strongest gun laws but the most mass shootings.
California spends the most on homelessness but has the largest homeless population.
Clearly there's a major disconnect between every California policy and its outcome.
What's the common denominator?
The political establishment in Sacramento that taxes California to death and objectively produces the worst outcomes in the nation.
It's time for a major change.
Stop electing anyone from the political establishment.
Yes, because these people, they're not spending the money on We The People.
They're not actually doing anything to help and improve the situation.
They're laundering the money.
Nobody knows where the money went.
Nobody really cares where the money went, except for we, the people.
It's time to stop this.
It's time to hold every single person accountable, from the federal government all the way down to the county level.
And if these people don't know where it went, and you're in charge of the project, and people signed off on the project, well, we will be garnishing your bank accounts to pay for this.
Because, again, we need to hold them accountable for everything they do moving forward.
Again, we have to get off the central bank fiat system.
We have to go into a sound money system where we have checks and balances and we need people in office that are actually going to represent us instead of stealing the money.
And that is a huge thing that we have to do.
And I do believe this is going to happen during the election time.
But before we get there, we can see the economy is completely and utterly breaking apart.
It's falling apart rapidly.
And what does the Biden administration have to do?
They have to manipulate the numbers to make you think that everything is great.
And we have full employment.
So what do they do?
They make things up.
E.J.
Antoni, PhD, put this out and said, over 500,000 jobs that were supposedly added to the economy in the last quarter of 2023 never existed.
Even more troubling, the previous two quarter reports from the Philadelphia Fed also pointed to overestimation of payroll growth.
And yes, it's all made up.
They manipulate the numbers.
This is why the Fed was at the, yeah, you know, the unemployment numbers.
They might be overestimating all of these numbers.
No, they're pretty much manipulating to the point where they're not even believable anymore.
And they have to do this because as the economy breaks down, they need to prove to the people that everything is fine.
Everything is great until it's not.
Actually, we saw this back in 2008, 2009.
As you went throughout that entire year, we had the Fed, we had Bernanke at the time saying, hey, by the way, we're not projecting any type of recession, the economy's great, everything's under control, the housing market, A-OK, everyone has a job, no problems whatsoever.
Until the market came down and then everyone realized that was all a lie.
We were in a recession months before that and Let's talk about our health.
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All of a sudden, the people are like, how did we get here?
Well, we got here because no one was paying attention.
Everyone was believing what they were saying, and the economy was completely and utterly breaking down while they were lying to the people.
The same thing is happening right now.
There is absolutely no difference whatsoever.
And when you look at the housing market, it is very, very similar to what we experienced back in 2008-2009.
On X put this out and said home buyer conditions for US consumers have declined to an all-time low in June 2024.
The index of buying condition is now at 27 points below the previous all-time low record in the 80s.
This was when 30-year mortgages rates were between 12% and 19% on average.
and 19% on average.
I mean, really think about that.
12% and 19% on average, compared to approximately 7% currently.
Since 2020, the index has dropped by a massive 80% from approximately 140 points.
Meanwhile, the median U.S.
home sale reached a new record of 393,000.
Housing affordability is somehow still getting worse.
Even as mortgage rates have come down off their highs, mortgage demand is still at a 20-year low.
Furthermore, supply is still over 30% below the historical average.
The housing market is very stagnant right now.
Absolutely.
And small businesses, as they look at the economy and they project into the future, they're starting to realize there are major, major problems.
And remember, retail stores, small businesses, they really feel it first.
The Kobesia letter again on X said, small business outlook uncertainty is surging.
The NFIB uncertainty index increased by nine points to 85 in May, the highest reading since 2020 pandemic.
Over the last 40 years, such a spike in uncertainty was only seen twice in 2017 and 2020.
Small business owners business conditions outlook at its worst in 50 years, according to the NFIB.
Small firms are a major part of the economy, reflecting approximately 44% of U.S.
GDP and employing 50% of the American workforce.
If small businesses outlook is grim, this does not bode well for the labor market and the broader economy.
Absolutely.
And we know where all this is headed.
This is why Biden is manipulating The calculations for GDP unemployment inflation this is why they need to do it because otherwise people would know the truth the economy is in shambles.
And if this came out, corporations, they'd be laying off like crazy.
They're laying off now, but they would accelerate their layoff plans.
They know what's going on.
They're just holding out.
They need an excuse.
What's the excuse?
Oh, the market just came down.
Let's lay off a lot of people.
That's what they did in 2008, 2009.
Remember the mass layoffs as soon as the market came down?
The same thing's happening right now.
But again, Trump and the Patriots, they knew that they were going to follow this path.
They knew that they were going to destroy their own system to bring us into the Great Reset, the Green News scam, and to cover it all up, they needed a war.
So as we approach this, I do believe Trump and the Patriots is going to use this leverage against them, just like other countries are using the leverage against the central bank system, because the people have experienced a devaluing currency.
The people experienced their economic policies.
And when the president of Al Salvador came in, people said, oh, let's clean all this up.
What can we do?
And he did it in a very, very short period of time.
Now look out in Argentina.
President Malay says there'll be free competition of currencies.
So if you want to use Bitcoin, there will be no Remember, Malay was meeting with the president of El Salvador and they were talking about how to clean up crime.
But I do believe most likely they were talking about many other things and probably how you can use other currencies and not use the currency from the private West Central Bank system.
And I do believe this is where all this is heading.
I do believe this is why Trump kicked off the narrative with There will be no taxes on tips.
And then all of a sudden, we heard rumors of there'll be no federal income tax.
This gets people thinking.
This gets people saying, you know something?
Maybe we can do this.
How can we do this?
That's the question.
Because everyone is probably thinking like, okay, how can we get rid of taxes?
I don't believe anyone's out there saying, you know what?
I need to be taxed 70%.
Because you know what?
I love taxes.
Give me more taxes.
So most people, I would say the majority, there might be a couple of morons out there that say, I want to be taxed.
But most people will say, you know something?
How can we do this?
I heard something about it.
I heard no taxes on tips.
But how do we do it?
Because we have to fund the government.
We have to fund everything that we have.
Now remember, the government that we see today cannot exist.
Without the private West Central Bank.
Remember, this is a criminal syndicate that they created.
They bloated the government.
And just like out in Argentina, which is a good template, they cut something like 17,000 people in government.
The same thing is going to happen here.
Because you can't have tariffs fund a bloated government.
Only a printing press can fund a bloated government like this.
So something needs to change and I do believe something is going to change.
And this is why Trump is continually.
Creating the narrative that we can have no income tax and we can use tariffs to pay for everything.
And he put this out on Truth.
He said, The Smoot-Howley Tariff Act was passed after the Great Depression had already started.
If you want to study tariffs and how powerful they are, study the administration of President William McKinley.
America had so much money they didn't know what to do with it.
Now remember, When President McKinley was in office, there was no Private West Central Bank.
When the Smoot-Howley Tariff Act was passed, there was a Private West Central Bank.
Think about this for a second.
So William McKinley He was an American politician who served as the 25th President of the United States from 1897 until his assassination in 1901.
I wonder who assassinated him?
You think it was the Central Bank?
You think they were getting prepared and ready to usher in a new private West Central Bank?
Most likely, yes.
So McKinley presided over the victory in the Spanish-American War of 1898, gained control of Hawaii, Puerto Rico, the Philippines, and Cuba, and restored prosperity after a deep depression, rejected the inflationary monetary policy of free silver, keeping the nation on the gold standard, and raised protective tariffs. keeping the nation on the gold standard, and raised protective McKinley's presidency saw rapid economic growth.
He promoted the 1897 Dingley Tariff to protect manufacturers and factory workers from foreign competition, and in 1900 secured the passage of the Gold Standard Act.
He hoped to persuade Spain to grant independence to rebellious Cuba without conflict, But when negotiations failed, he requested and signed Congress's Declaration of War to begin the Spanish-American War in 1898, in which the United States saw a quick and decisive victory.
As part of the peace settlement, Spain turned over the United States, its main overseas colonies of Puerto Rico, Guam, and the Philippines, while Cuba was promised independence, but at the time remaining under the control of the United States Army.
The United States annexed the Independence Republic of Hawaii in 1898 and became a United States territory.
McKinley defeated Brian again in the 1900 presidential election in a campaign focused on imperialism, protectionism, and free silver.
His second term ended early when he was shot on September 6, 1901 by this crazy anarchist and eight days later he died and then Vice President Roosevelt took his place.
Now think about it.
In 1907, this is when the central bank gave the people a huge scare.
So I do believe they were prepping for all this because they wanted the central bank to be brought back into existence.
But think about what Trump is showing everyone.
During the Great Depression, where the economy was a complete and utter disaster, we were run by a central bank system because they came into existence in 1913.
What happened?
They tried to use tariffs but the economy was in shambles.
That's why Trump is telling you to look back during McKinley's time because the economy was not run by a private West Central Bank system.
The tariffs worked.
The country prospered.
And this is something the Private West Central Banks don't want you to see.
See, Trump is not telling everyone, let's use tariffs while we're in a Private West Central Bank system.
He's saying, let's use tariffs to fund the government.
This way we can get rid of the federal income tax, get rid of the taxes on tips.
And the only way to do this, to introduce the tariffs, to get rid of the taxes, is to get rid of the private West Central Bank system.
And I do believe this is where all of this is headed.
Because if you noticed, he showed the people when he was in the White House, look, we could play tariffs on anyone.
We could place it on China.
We could place it on Europe.
We're going to have lots of money coming into this country.
See, the central banks don't want you to see that.
They don't want you to see the billions upon billions of dollars coming in.
And those are just taxes on China and Europe.
Can you imagine if we placed tariffs on all of these countries?
How much money would the country bring in?
A boatload of money.
Think about when we drill for oil and we're energy independent and we're selling our oil across the world.
How much money are we going to bring in with that?
So we have tariffs, the oil money.
Can we fund the government?
Can we fund this country?
Absolutely.
Now, can we fund it the way it is?
No.
The criminal syndicate created their system.
When you look at DC and you look at the government, the way it's structured today, this is what they created over time.
What funds that is the open credit card.
And this is why there's no money.
This is why nobody can account for anything.
This is why it's done on purpose.
So Trump, I do believe what he wants to do is he wants to cut all this, slash government, shrink it, and have tariffs pay for the government.
We can go back on the gold standard, go back onto the constitution that where our founding father said, we must be on sound money.
And at this point in time, what happens?
The Congress, they just can't borrow like crazy because it's just not an open ended credit card.
So if they just can't borrow like crazy, it's going to make it very difficult for them to launder money.
I think we need to add on top of this, any projects that they set up, like, you know, the charging stations, you know, none of them have been built for two years.
Where's all that money?
Well, those people that said, let's do it, voted for it.
They're responsible for it.
How about the internet that was supposed to happen across the country, where everyone was going to get internet?
Well, that never happened either.
Where are the billions and billions and billions of dollars?
Nobody knows where it went.
So those people, their money's going to be garnished from their checks.
Because again, those people that are handling the project, those people that voted for it, they're the ones responsible for all of this.
So you think this would stop the money laundering?
Do you think this would stop the corruption?
Absolutely.
And it's not a question of, okay, let's see, if you don't complete something in a certain period of time, your check is automatically garnered.
And I do believe people will not allow this to happen.
People will say, no, no, no, we got to finish the project.
We got to get this done because they're not going to garner my paycheck.
And I do believe this is how we need to have the government accountable for all of this.
And I do believe this should be law, just like, hey, Congress makes laws.
Hey, you know what?
We're going to get better health insurance.
We're going to have insider trading.
We're going to give ourselves a raise.
Well, we can make this law.
I know it's going to be tough for them, but I think it should be done.
And I do believe everything that Trump is doing now, everything the patriots are doing where they're pushing us into this disaster, and it is going to be a disaster because remember the central bank has to destroy their own system.
The optics are absolutely fantastic.
I do believe Trump is preparing and prepped and ready to move us away from the private Western central bank system into a sound money system.
And I do believe the government The way we create currency is going to be very, very different in the future and it's going to benefit the people.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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