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June 24, 2024 - X22 Report
25:39
Ep. 3386a - Trump Traps [CB] With No Tax, The Narrative Has Begun, Structure Change Coming
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Thank you.
Thank you.
You're listening to The Axe 22 Report.
My name is Dave.
This episode, 3,385 AM.
Today's date is June 24th, 2024.
The title of the episode is Trump Traps the Central Bank with No Tax.
The narrative has begun.
Structure change coming.
Let's talk about protecting our wealth.
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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, they are now going down the path and they've taken the bait and now they're trapped in the argument of income tax and tariffs.
And I do believe Trump pretty much set the trap.
And now you're going to see the fake news, which they've already started.
They're going to argue that income taxes are better than tariffs.
But remember, this argument is being made While we have the Federal Reserve.
They never mentioned the Federal Reserve and I do believe Trump is going to use this against them especially when we enter that crisis period and I do believe that crisis period is coming and when you look at what just happened we have a hacker group that is saying that they have hacked the Federal Reserve.
Now we don't know if they actually did hack the Federal Reserve but I do believe this is the beginning of the narrative letting everyone know that This is now coming.
Because again...
When we approach the presidential election, when the Fed cuts the rate, Powell knows when he cuts the rate, everything's going to start to fall apart, especially the markets, which means the economy is going to crash.
It's going to implode on itself.
And I do believe the Deep State, the Central Bank, the World Economic Forum, they're already prepared to cover this event up with some type of cyber attack.
Remember, the IMF let us know that, yes, the financial institutions, they are now susceptible to cyber attacks and it could mess up the financial System.
Remember, going back maybe two and a half years ago, we had the World Economic Forum.
They were out there letting everyone know we might have a cyber attack in the next two years.
They're already telling us what they're going to do.
But I do believe in the end, from what Trump is doing, he's getting the people prepped and prepared and getting the narrative out there, letting everyone know to get rid of the income tax, to get rid of taxes.
We need to do something.
This is which is extraordinary.
And that is get rid of the Federal Reserve.
And I do believe the crisis is going to allow the Patriots to move in that direction.
Remember, we already have an audit the Fed bill in Congress.
We already have a bill saying, no, we're not going to accept central bank digital currency.
We already have bills in there saying we should go back to the gold standard.
So I do believe there are things already set up and prepared for this.
But again, Sometimes you got to show the people, sometimes you need to show them the truth here and I do believe that's where this is all headed and we're going to be talking a little bit more about the cyber attack and the narrative of tariffs against income tax.
But first let's start off with what the Central Bank to World Economic Forum is doing because they're following the same playbook as the communists and there really is no difference.
Admiral Robinson put this out on X and said, Mao attacked farmers and starved out millions.
Stalin attacked farmers and starved out millions.
Pol Pot attacked farmers and starved out millions.
Now the Biden regime is attacking farmers.
Not just the Biden regime, but we also have the installed leaders in Europe that were attacking farmers.
They're on the same exact playbook.
They're doing the same exact thing.
And this is the communist playbook.
But again, what do they want to do?
They're trying to bring us into their controlled world.
They want to get rid of the food source.
They want to control the currency.
They want to control the food.
They want to control how we live.
They want to control the electric.
They want to control how we travel.
They want to control everything that we do.
And they're using the same exact playbook.
Now first, what they have to do is they have to reduce the population.
And this is why they're going to try to bring us to war.
And this is where the cyber attack comes in.
So you could see how they're all pushing us in this direction.
But I do believe Trump, the patriots, they knew that they were going to do this and they're going to counter everything that they're trying to do, because everything is dependent on the entire world going to war.
They don't have the plandemic.
Yes, they can probably gin something up, but I don't think it's going to work.
I don't think the people are going to buy it.
So they're going to have to push for war.
And Trump has the ultimate weapon to counter everything that they're trying to do.
And that is called peace.
So once again, I do believe Trump, since he's been telling us about war about a year and a half ago, he already knows he's already prepping the people.
And this is why he let people know a long time ago that he can have peace.
He knows all the players.
This will counter everything the central bank is trying to do.
Now, will the system still come down?
Yes, it's still going to crash.
The market's still going to come down.
They're going to still try to push us to where they want us to go.
But everything is going to fall apart on them.
And Trump, the patriots, the people, they're going to expose the entire operation of what they're trying to do.
And I do believe this is all going to lead back to the Federal Reserve.
And Trump is going to use this against them in the end and we could see that's where we're headed.
We'll be talking a little bit more about this a little bit later.
But first, let's talk about the economy right now because we could see the economy is breaking apart.
It is falling apart and Since all the illegals are coming into this country, we can see the cities, they're having major, major problems.
Out in Chicago, homelessness in Chicago has tripled over the past year as illegal aliens continue to arrive in the city in overwhelming numbers.
And according to the latest study conducted by the federal government, the number of homeless people out on the streets has risen by a staggering 200% since 2023.
So these illegals, they're taking advantage of Biden's regime's open border policy.
People are just coming in.
They're heading towards New York, to Chicago, to Detroit, to LA.
And if you look at those cities, they're a complete and utter mess.
And now the people of Chicago, they have to deal with this.
They have to pay for all this.
And the people there are getting very, very angry.
The people in New York are getting very, very angry.
And this is not helping the economy.
It's actually making it worse.
And actually we're following what happened in 2008, but just multiply that by 100, 'cause it's 100 times worse.
And you could see that everything that happened in 2008 is really happening right now.
And they're trying to cover it up.
The Kobisi letter put this out on X and said, demand for second home mortgages plummeted to approximately 91,000 in 2023, a six year low.
Vacation home mortgage originations dropped by a whopping 65% from 2021 and 40% year-over-year.
In 2024, an appetite for a second home has fallen even further and is sitting at an eight-year low, according to Redfin.
The decline has been driven by rising prices, high mortgage rates, and low inventory.
To put this in perspective, the average second home is worth $475,000 in 2023 versus a primary home price of $375,000.
in 2023 versus a primary home price of $375,000.
Even wealthy Americans are finding the housing market to be too expensive.
So we saw problems with the housing market going back in time.
When we look at 2008-2009, we saw the housing market completely implode on itself, but I do believe we have a situation which is a lot worse than 2008-2009.
First, we have an incredible amount of inflation.
Fuel prices are very high.
Everything is being manipulated to the Nth degree, because they're just manipulating all the calculations, all the jobs that they're saying that have been created, they really don't exist.
The fuel prices are being pushed down by the Strategic Petroleum Reserve, and inflation is completely and utterly not under control.
Because once we brought up the inflation, all we're doing is slowing it.
It's still gone up, but we're just slowing the rate of inflation.
It doesn't mean it disappears.
But, and that means people still experience the inflation.
So I do believe the situation that we have right now is even worse than before.
And remember...
The Biden administration is continually telling everyone that everything is fantastic.
And I do believe this is why they need the Federal Reserve to cut their rates right before the presidential election to convince everyone right before the elections, look, see, we did it.
The economy is great.
Vote for me.
But what's going to happen, it's going to create a chain reaction and the entire system is going to just utterly fall apart.
And you're going to see the market drop and people are going to be shocked and there'll be no explanation.
That Biden can actually give or whoever else is in that position, maybe Kamala Harris, the Fed will not be able to give an explanation.
They might even blame it on the administration because that's what they normally do.
The Biden administration might blame it on the Fed and that will just go back and forth.
But again, who made the decision?
So it goes back to those people that made decisions to do these things.
The Fed made a decision.
The Biden administration made a decision.
They've been lying to us this entire time.
But when you look at the economy and you look at the employment rate, you can see that we're in big trouble right now.
The Kobecy letter on X put this out and said, this trend is concerning.
For the first time in four years, the U.S.
unemployment rate has crossed above its 36-month moving average.
In previous economic cycles, every time this happened, a rapid spike in jobless rate followed.
This has also coincided with the economy falling into a recession.
The unemployment rate has been in an uptrend since April 2023 and is up from 3.4% to 4%.
Meanwhile, 1.5 million Americans have lost their full-time job in just six months.
Is the labor market beginning to crack?
Still, the U.S.
economy has added jobs for 41 consecutive months.
However, a record number of these jobs have been part-time employment.
Many Americans are taking on multiple jobs to pay for the basic necessities, which means a lot of these jobs, well, they're counted twice.
And with the manipulation, they have added jobs that really don't exist.
So are we really adding jobs?
Not really.
So again, this is all fake.
And they're trying to make people believe that everything is fine, but when you look at the real numbers and you look at what's really going on, everything is starting to fall apart.
And I do believe this is why Trump started the narrative of no taxes on tips, maybe we'll get rid of the income tax, because I do believe he wanted the fake news, the central bank, the economists, he wanted them to push out The narrative that income taxes are better than tariffs and coming out of Yahoo News they wrote an article discussing the difference between tariffs and income tax and let me just read a little bit of this here.
Trump recently suggested that he's considering in instituting a policy of tariffs that would lead to the elimination of the federal income tax.
While the idea of eliminating income tax sounds appealing to a lot of people here's what it would mean for the economy in your wallet.
If all imported products coming into the United States had increased tariffs there'd be short-term and long-term impacts.
The short-term impact would be the prices would rise on all imported goods.
Consumers could opt to either pay the higher prices for the imported products or choose a domestic product which would also typically have a higher price than the pre-tariff imported product.
No matter which choice the consumer makes the price They would pay would be higher than the previous price of the imported product.
So overall prices will rise.
Well, they said this when Trump placed tariffs on China.
Did you see the prices rise?
What did you actually say?
Actually, what's going to happen is that since there are tariffs on these products A lot of the manufacturers then will move back to the United States, and if these manufacturers move back to the United States, you know what happens then?
People buy the products from those manufacturers in the United States, and the consumers actually don't pay higher prices.
Yes, if you wanted something from a manufacturer outside the United States, yes, coming to the United States, they might be a little bit higher, but it's not going to be like, oh wow, this is absolutely ridiculous.
But what it's going to do, it's going to bring the manufacturers back to this country.
And I do believe that is part of Trump's plan.
Now, the other part of the article says, the impact of substituting tariffs for income taxes.
The concept of replacing income taxes with the revenue from tariffs also has short and long term impacts.
In the short term, the all tariff plan would act as a compensation tax, a sales tax on steroids, if you will, because the cost of tariffs is passed on to the consumer and consumer prices will go up.
Well, not necessarily, because when you look at tariffs, The initial individual, the company, that buys the product, they pay whatever the tariff is.
And then after that, there is no more tariff.
So at that point, it's a very small amount.
So that's why we didn't see iPhones go up to $2,000.
That's why we didn't see electronics go up, you know, 200%.
It just didn't happen.
And they're trying to make the argument that tariffs aren't going to work because how are we going to pay for government?
How are we going to pay for everything?
It's just not enough money being brought into this country.
But again, they never even mentioned the Federal Reserve in this article whatsoever.
You see, to have tariffs work, what do we have to do?
We need to get rid of the Federal Reserve.
Because the Federal Reserve is a private corporation, it's a loan-sharking system, and we borrow the money with interest attached.
If we remove that, then tariffs can work.
If we have the Federal Reserve in place where we're borrowing the money with interest attached, no, tariffs will not work.
We'll not be able to replace the amount of money that we owe in interest and actually use the tariffs to pay for that.
It just won't work.
So what do we have to do?
We have to cut the government.
That's why Trump is saying, let's get rid of the Department of Education.
And I do believe he's going to be getting rid of a lot of agencies within government.
So we're going to do exactly what Malay is doing.
We're going to cut a lot of jobs, a lot of these wasteful departments.
Those are going to disappear.
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The government will not be able to borrow the way they are today.
So guess what happens?
Our debt is not going to be where it is.
You get rid of the Federal Reserve and we're no longer borrowing money and the money laundering and the money that's going through Congress today, well that it will completely change.
So the entire argument is not working because they miss the most important thing.
That is the Federal Reserve.
And they don't want to mention that because, again, they leave that part out of it.
They don't want people to realize that's the source of the problem.
You always know when it's the source of the problem when they don't mention it.
And you could see that they're preparing and prepping to try to bring us into their new system.
Remember, they don't want the system to crash and they don't want it to All be blamed on them.
So they need some type of an event.
And remember, the IMF has been telling us that there might be a cyber attack because the financial institutions, they might be susceptible to cyber attacks and it might affect the financial industry.
Now, what's very interesting is that a Russian cyber group dubbed Lockbit claims it hacked the Federal Reserve and exfiltrated 33 terabytes of sensitive banking data.
Lockbeck boasted about this breach on the dark web.
So it looks like they're already starting their narrative.
Of course, it's coming from Russia.
Remember, as we get closer and closer to the presidential election, you're going to hear the narrative of cyberattacks built.
Just think about, we had the cyberattacks on hospitals, cyberattacks on car dealerships, cyberattacks on the water system, cyberattack now on the Federal Reserve.
And they're telling everyone that they stole 33 terabytes of juicy banking information containing Americans banking secrets.
And they're letting everyone know you have 48 hours or something's going to happen.
Now, once again, is the Federal Reserve actually hacked?
I do believe that they are building the narrative.
I do believe that, yes, they're trying to show people that it can be hacked.
Maybe it's not hacked this time, or maybe they will find the hack and say, we stopped it this time around.
But the narrative will be out there that this is possible.
And I do believe this is exactly what they're doing because they need an event to cover all this up.
Now, on the other hand, Trump and the Patriots, they know the playbook.
They know that this is what They're going to do.
They're going to have a cyber attack in this country.
And yes, it's to bring down the financial system, to actually cover up the financial system that is crashing, because they're the ones who are crashing it.
And it's also for the elections.
So it's going to play a dual role.
And of course, to bring us to war.
That's why they're blaming it on Russia.
And I do believe Trump and the Patriots, they're going to use this to their advantage.
Everything that they're trying to do, and I'm talking about the Deep State, the Central Bank, the World Economic Forum, is going to fall apart because their entire strategy is based on bringing us to war.
This way, everything can be covered up.
This way, they can stop the election and keep control.
This way, they can try to bring us into the Central Bank digital currency because after the war, the United States isn't supposed to win.
Now, Trump has the ultimate weapon.
It's called peace.
And I do believe he's going to use this because once he ushers in peace, once he's elected, everything the central bank, everything the deep state has planned goes down the tubes.
And Trump can then use the leverage and show the people, no, this is the direction we need to head in.
And remember, going back in time, he actually tweeted out that the Fed should be audited.
Now remember, just a couple days ago, he actually put out a truth talking about tariffs.
He said the Smoot-Howley Tariff Act was passed after the Great Depression had already started.
So the Smoot-Howley Tariff, they introduced that after the Depression during the time they had a private Western Central Bank system.
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.
And again, McKinley He restored prosperity after the depression, rejected the inflationary monetary policy of free silver, keeping the nation on the gold standard, and raised protective tariffs.
And the economy saw rapid growth.
And this is what Trump is talking about during this period of time while McKinley was president.
There was no private West Central Bank system.
This is why I do believe they shot him and killed him because they needed to start their process in 1907.
They had the scare to convince everyone that we need a central bank which came into existence in 1913.
So I do believe.
Trump is referring to McKinley telling everyone, look, without the central bank, tariffs really work.
And of course, the private Western central bank, they don't want people to know this.
They don't want people to know that, hey, if you get rid of the central bank, your economy is going to boom.
You can use tariffs and your entire infrastructure, your economy.
Everything is going to be absolutely amazing, especially when the country is energy independent.
And I do believe Trump and the Patriots, they're going to use what the deep state is doing right now against them.
And Trump will have all the leverage.
Trump will call probably for an audit of the Federal Reserve.
Congress will get wind of this because again it's got to come from Congress.
Congress will probably start an investigation.
We already have the bill in there which is end the Fed.
We have the bill in there that says let's go back to the gold standard.
We have a bill in there that says we are not going and we're not going to use the central bank digital currency.
So a lot of things are already in place and all we need is something to kick this off Because once it's kicked off, the central bank is doomed.
And I do believe when Trump wins the election and those representatives and senators replace the installed individuals, I do believe we're going to see things change very, very rapidly where we're going to be able to audit.
We're going to be able to make other decisions.
We're going to be able to move away from the private with central bank system and actually go back to the Constitution, go back to tariffs, which will then force companies back to the United States, and we will cut the departments in government, slash them like we've never seen before.
And once we get rid of the private West Central Bank, all those federal funds, those unlimited federal funds that go to all the states for education, which is then money laundered, for the illegals, which is then money laundered, and any other project that they're working on, which is then money laundered,
Well, that is going to come to a complete halt, which means the states are going to be dependent on themselves, which means the state to attract businesses, to attract people, they're going to have to be competitive.
How competitive do you think California is going to be?
How competitive do you think New York is going to be?
Not very competitive, because once the states realize, wait, there's no money coming to us anymore, we're going to have to make our states great and attract people, attract the best of the best, attract businesses, it's going to actually create competition among the states.
And the states are going to have to actually usher in incentives to bring businesses and people to the states.
And they're going to have to be very, very careful with what they spend.
See, today, the states are just getting unlimited funds for ridiculous things.
And then they just launder the money and they say, hey, we just need more money.
Why do you think California is in the hole?
Everything is about to change.
We're looking at a complete and utter structure change, and it is coming.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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