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June 26, 2024 - X22 Report
22:36
Ep 3388a - [CB] Unleashes Economists To Counter Trump, Wait For It, Boomerang
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Music playing.
Music playing.
You're listening to The Axe 22 Report.
My name is Dave and this episode 3388 a.m.
Today's date is June 26th, 2024 and the title of the episode is Central Bank Unleashes Economist to Counter Trump?
Wait for it... Boomerang!
Let's talk about protecting our wealth.
Gold has gone up more than 81% in the last five years.
It is happening.
Central banks are ditching the dollar and U.S.
Treasuries and buying more gold.
The good news is it is predicted to go up even more.
UBS said it might even go up to $5,000.
Noble Gold Investments' phone has been ringing nonstop.
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Go to x22gold.com, that is x22gold.com, or click Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the private what's essential bank, the world economic forum, you can see now they are panicking.
Why?
Because Trump has been telling the people let's, you know, have no taxes on tips.
Maybe we can get rid of the federal income tax.
Maybe we can actually fund the government with tariffs instead of income tax.
And now the central bank, the deep state players, they're saying, OK, we need to stop this.
This can't happen.
And we already had an article come out that said, hey, you know what?
Income tax is a lot better than tariffs.
And now we have 16 Nobel Prize winners who are economists and they are saying that, well, if Trump ...enacts his policies, we're going to see inflation like we've never seen before, and everything that he's going to do is going to destroy the entire economic system.
Now this is panic, because again, the Private Western Central Bank, those people that love this system, they don't want it gone.
This is not a people system.
This is a controlled system that the Central Bank created.
It doesn't help and benefit the people.
This is why Trump is already putting the narrative out there that we need to get rid of the Private West Central Bank.
Remember, everything, when you look around, always goes back to the Private West Central Bank system.
When you have an open-ended credit card, it breeds corruption.
If it breeds corruption, what happens?
Those criminals They become powerful.
When they become powerful, what do they do?
They change the entire country to the way they want it to be and they create their own criminal syndicate.
And this is exactly what we've seen.
And when you look back in time and you look at what happened when we came off the gold standard back in 1971, what happened?
The Deep State Players, they created their entire system.
When they say, oh, you need to recycle, you need to make sure, well, why don't we use glass anymore for bottles?
Because, again, when the currency devalues, what do you have to do?
You have to find cheaper and cheaper ways to ship.
So you end up using plastics.
When the currency continually devalues, what do you have to do?
You have to introduce credit.
And you have to get people used to the idea, hey, you gotta use credit to survive.
Because the income that you're making isn't gonna work.
You need one or two people working, most likely two people.
And then as time goes on, you gotta get used to payments.
Then you need to have two jobs.
And this just continues on and on and on.
And think about government.
What happens with government?
Well, if you have an open-end credit card, there's no accountability.
If there's no accountability, what happens?
You get the criminals that are installed in government.
What do the criminals do?
They launder money.
And they keep borrowing, and they keep laundering, they keep borrowing, they keep laundering, and they fund everything that you don't want them to fund.
Who's going to repay it?
Well, we the people.
Do the people in government who are the criminals care?
No, absolutely not.
Everything leads back to the private Western Central Bank system.
That's where all this comes from.
Everything that we're seeing, the funding of wars, actually funding the enemies of the wars, it always comes back And you can see that Trump is already putting the idea out there that it doesn't have to be this way.
war, they fund the war.
After the war, they fund the rebuilding of all the bridges and the buildings and you name it, the infrastructure.
And you could see that Trump is already putting the idea out there that it doesn't have to be this way.
And I do believe the deep state players, everything they're trying to do, it's going to boomerang on them like we've never seen before.
But before we get to all that, we could see that the deep state players, the Central Bank, the World Economic Forum, they're having a very difficult time.
Because you have to remember, the Earth goes through periods of warming, the Earth goes through periods of cooling, and we are in a cooling phase.
So, Washington Post, they put out this article that says, we've been accidentally cooling the planet and it's about to stop.
It is widely accepted that humans have been heating up the planet for over a century by burning coal, oil and gas.
Earth has already warmed by almost 1.2 degrees Celsius, 2.2 degrees Fahrenheit since pre-industrial times, and the planet is poised to race past the hope for a limit of 1.5 degrees Celsius of warming.
But fewer people know that burning fossil fuels doesn't just cause global warming, it also causes global cooling.
It is one of the great ironies of climate change that air pollution, which has killed tens of millions, has also curbed some of the worst effects of a warming planet.
No, let's see.
So humans are responsible for warming the planet and cooling the planet at the same exact time.
So why did they have to change an average?
Why did they have to bring in the cooling part of it?
Because that's exactly what's happening.
Actually, remember that time?
When Trump was speaking to the people out in California and they said, oh, the global warming is causing all these forest fires in California.
And Trump says, no, it's all the debris that you don't clean up because you're laundering the money other places.
Actually, he said the earth is cooling.
So if the earth is warming and the earth is cooling and it's all caused by humans, that means we're at a perfect temperature.
And remember, all these individuals who are continually telling us that the Earth is coming to an end.
It's going to be catastrophic.
Actually, if you go back to the 70s, it's always 10 years.
10 years the Earth is coming to an end.
Actually, if you go back to the 70s, they told us we were entering an ice age.
Why did they say that?
Because the Earth was cooling.
Then, what happened?
The Earth started to warm.
And they had to switch their story.
Oh, it's global warming now.
Now the Earth is cooling again.
So what are they saying?
Oh, the Earth is cooling.
And every prediction they have ever, ever, ever, ever made has never come true.
I mean, look at Greta Thunberg.
June 21st, 2018.
You know, she's going around crying that you're destroying the world because of climate change.
She said a top, a top, a top, top, top, top climate scientist is warning that climate change will wipe out all humanity unless we stop using fossil fuels over the next five years.
Well, that was 2018.
Are we all wiped out?
Everyone okay?
Oh, that's right.
They lied.
Oh, you know what she did?
She deleted that tweet.
She got rid of it.
Why?
Because it didn't come true!
It's all lies!
They just continually tell lie after lie after lie.
What this is really about, it's about control.
They want to tax you into oblivion.
They want to keep you...
In a certain area.
They don't want you traveling anywhere.
They don't want you to live the way you want to live.
They want you to live under their control.
Period.
The end.
That's it.
That's what they want.
That's why they're bringing us into the Great Reset.
The Green New Scam.
But it's not going to work.
Why?
Because they need a cover story.
They need something to explain why all this is happening.
So they can rebuild the way they want, but they don't have any of that.
They thought it was going to be war because that's all part of their 16-year plan.
Then Trump countered that because he had peace across the land.
Then they brought in the plandemic and they thought, oh, we got it now.
People are going to die off.
We're going to keep them stuck in their house for 10 years and there'll be no hope.
And we can say, look, it's because of the plandemic that the entire economic system is completely and utterly falling apart.
Well, Trump countered that again.
So now what are they doing?
They're trying war once again.
And they're going to try to usher this in.
But the problem is Trump is going to counter this because why?
He's going to usher in peace.
So everything they're going to try to do is going to fail.
The only thing that's not going to fail is showing the people how they're destroying the economy, how they lie to the people, and how they will always, always, always lie.
Remember, they want to stay in control.
The central bank never wants to give up control because if you have the control of creation of currency, what happens?
You can breed corruption.
You can get governments to do what you want them to do.
You can enslave the people and you can keep the people down and you can make them dependent on government, which the central bank controls.
And in the end, what does that tell you?
It tells you they will fight to the end.
To keep control.
But in the end, they will not have control.
Because the people, they're awake, they see what's happening, and they understand it.
And when you look at the economy, it's looking very, very similar to 2008-2009.
Right now, if you look at the real estate market, U.S.
new home sales were expected to dip .2% month-on-month in May.
But they didn't.
New home sales crashed to 11.3% month-on-month.
What does that tell you?
It tells you everything is falling apart.
This is the biggest year-to-year drop since February 2023.
Bank of America warned the U.S.
housing market is stuck and we're not convinced it will become unstuck anytime soon.
And it won't.
Not right now.
And Kobisi Letter follows this all up with U.S.
new home construction declined by 5.5% year-over-year to an annual rate of 1.28 million units, the lowest since June 2020.
Building permits also dropped 3.8% to 1.39 million, the weakest level in four years.
Furthermore, single-family home permits have plummeted for four consecutive months to their lowest level in 12 months.
Elevated interest rates have been the primary dryer of the recent trend.
In the Middle East alone, home construction has decreased by 19% year over year.
Is the housing market beginning to stall?
No, it has stalled.
And it's collapsing right now.
It will continue to collapse.
Because again, look where the rates are.
Even if they cut the rates right now... Let's talk about our health.
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They already created the problem.
If you go back in time and you look at when they raised the rates, they raised it like 2006-2007 and then when it hit a tipping point, they dropped them dramatically.
Right now, we're already over that tipping point.
It's been over the tipping point for quite a while right now, but they're waiting for the right moment to show that Biden and his policies, they actually worked and the economy is great.
But in the end, people are going to find out that the economy is not great because you're going to see the entire system completely and utterly implode on itself.
And that is going to show and prove to everyone that the economy is not okay.
And these are the 11 signs that the US economy is far worse shape than many people think.
Just like in 2008, delinquencies are on the rise.
In fact, credit and delinquencies have now reached the highest level that we've seen in more than 10 years.
The commercial real estate crisis just continues to escalate.
An article that originally appeared in the New York Times claims that the major Wall Street banks have begun offloading their portfolios of commercial real estate loans, hoping to cut their losses.
When banks get into trouble, they start shutting down branches.
So far this year, U.S.
banks have closed more than 400 branches all over the country.
Big companies are laying off workers from coast to coast.
For example, approximately 500 Texas truckers just lost their jobs when a large logistic company abruptly shut their doors for good.
The Dallas Fed Services Index has now been in negative territory for 25 months in a row.
The restaurant collapse just continues to intensify.
This week we learned that Hooters was suddenly deciding to permanently shut down 40 underperforming locations.
Retail chains continue to go belly up at a staggering rate.
Today it was being reported that two large retailers in the Northeast have made a decision to file bankruptcies.
We learned that consumer confidence in the U.S.
dropped lower this month.
The initial consumer confidence rating has been revised down in seven of the last eight months.
The housing in the U.S.
is now more unaffordable than it has ever been before.
And when you look around, you can see that everything is falling apart.
When you look at Chicago, Chicago has tripled their homelessness.
I mean, think about this for a second.
It's a complete and utter disaster.
And you could see since Trump mentioned the idea of no taxes on tips, no federal income tax, we could fund the government with tariffs, which is starting the narrative of getting rid of the central bank.
System where he also says we're not going to accept central bank digital currency.
What did the deep state players do?
What did the central bank do?
They pulled out The Economist.
And this is what they do.
And it looks very, very similar to the 51 intelligence clowns that came out and actually said that Hunter Biden's laptop was rushing to disinformation.
So when you look at this, they're doing this same exact thing.
Oh, don't worry.
We found 16 Nobel Prize winners.
These are economists that say what Trump is doing, he is going to destroy the entire economy.
It is insane.
So basically what they're saying is that they're warning that Trump would stoke inflation if he wins the presidency in November and moves forward with his economic plans.
So they're already trying to convince everyone well if he moves forward with his plans the economy is really going to implode you're going to see inflation but people all they have to do is go wait a minute when he was in the White House and from 2016 to 2020 Wasn't inflation at the lowest?
Wasn't unemployment at the lowest?
Didn't he bring back companies and industry?
Didn't all of a sudden he change the way the country operated because we became energy independent and fuel prices at one point were under $2?
So wait a minute, Trump was able to do the opposite of what they're saying, and Biden is the one who caused higher fuel prices.
Biden was the one who caused inflation.
Biden was the one who started the real estate market to collapse.
Biden was the one Who started the restaurant apocalypse?
Biden is the one who's going to destroy the entire system and bring down the market.
Stephen Miller responded to this and said, Newsflash, Trump was already president and we had no inflation and the best economy in history.
Then Biden came in and gave us the worst inflation in our history.
This is the phase of the campaign.
When the big corporate press just prints whatever rubbish Biden sends them.
And he's absolutely right.
But think about it.
This is the perfect setup.
You have all these Nobel Prize winning economists.
You have Biden and the Fed telling you what Biden is doing fantastic and what Trump is going to do is going to destroy the economy.
So when the Fed finally says, all right, we're going to cut the rates.
These economists are going to say, yes, right on track.
Look at the numbers.
Everything's great.
We approve of this.
Biden's going to say, yes, you see, my policies are working.
What do you think comes next?
Everything that they have told you, everything that they have said will come to a complete halt because the entire system will all of a sudden implode on itself.
And those 16 Nobel Prize winning economists Biden, the Fed, the Treasury, the fake news, every single one of them, they're going to be sitting there going, uh, what do we say now?
Trump's going to come out and say, oh, wait a minute.
The economy just crashed under Biden.
His policies don't work.
The Fed is responsible for this.
The 16 economists, they have no idea what they're talking about.
And I've been telling everyone that we're headed towards a recession.
Actually, the recession, the R word, is the nice word for it.
We're actually heading towards a depression.
And he already told everyone, listen, if you don't vote for me, the market's going to come down.
The market's going to crash.
And what do you think people are going to say?
They're going to see the market come down and it's going to be a complete and utter disaster.
I do believe it's probably going to come down very, very close to the presidential election, probably in October.
We might see red October.
And all these individuals, they're going to be wrong and it's going to boomerang on them.
And people will no longer trust these individuals.
I mean, think about 2008, 2009.
When all the economists were out there and the fake news was out there saying, oh no, the economy is great, everything is fantastic.
The Fed was out there saying we're not projecting any type of recession anytime soon, not in this year.
And the entire system collapsed in October of 2008.
Every single one of them was absolutely wrong.
What do you think is going to happen this time?
It's all going to boomerang on them.
Trump is going to have all the leverage.
He's going to be able to point the finger at all of them and say, if you want to follow them, this is what you get.
If you want to follow me, you know what you're going to get?
Remember when I was in the White House back in 2016, 2020?
Remember when I brought inflation down?
Remember when I made the country energy independent?
Remember when I brought Jobs back and revitalized industry.
Remember when I renegotiated trade deals?
Remember when I placed tariffs on China and I brought that money back to the farmers?
Well, that was just something I was able to do while I was playing in the Private Wealth Central Bank illusionary economy.
And by the way, once we get rid of the Private Wealth Central Bank, once we get rid of all these regulations, once we go back on to the people's currency, Those years from 2016 to 2020 is going to look like nothing compared to what you're going to experience.
When we get out of the central bank system, when we move ourselves away from globalism and we go back to sound money, you're going to see an economy that you've never seen before.
You're not going to have this inflation.
You're not going to have these taxes.
You're not going to have any of this.
You're going to be able to keep all the money in your pocket.
That's going to revitalize and build this country like we've never seen before.
Our infrastructure is going to leap light years Into the future and you won't even recognize the country because we're going to have trains, we're going to have planes, we're going to have bridges, we're going to have things that people couldn't even imagine.
And I do believe this is where all this is headed.
And once we get rid of the central bank system, and once we get rid of the deep state players, people are going to see a system that they've never seen before.
But again, I do believe that this is all set up.
This is prepped and ready, and everything's going to fall apart around the Fed, around these ridiculous economists, around Biden and whoever else is running, and the people are going to see the truth.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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