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July 2, 2024 - X22 Report
21:47
Ep. 3393a - [JB] Green New Scam Just Took Another Hit, Fed Narrative On Track For Rate Cut
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I
I Hi and welcome to You're listening to The Axe 22 Report.
My name is Dave and this episode 3,393 AM.
Today's date is July 2nd, 2024.
And the title of the episode is Joe Biden Green News Scam Just Took Another Hit Fed Narrative On Track For Raid Cut.
Let's talk about protecting our wealth.
Are you worried about the future of the U.S.
economy?
With so much uncertainty in the air, it's natural to fret about the security of your retirement savings.
But there's one asset that stands the test of time, and that is gold.
For centuries, gold has been a hedge against market volatility and economic instability.
With a gold IRA from Noble Gold Investments, you can harness the power of precious metals to help protect your financial future.
By rolling over your existing IRA or 401k into a self-directed gold IRA, you can enjoy the potential for long-term growth and stability.
Diversify your portfolio with a tangible asset that has real value.
Setting up your gold IRA has never been easier with Noble Gold Investments' streamlined process and expert guidance.
This election year, don't let election volatility and uncertainty keep you up at night.
Vote for the timeless safety of gold and silver in 2020.
in 2024.
Noble Gold Investments will give you up to 10 one-ounce silver Trump coins or a 10-ounce silver American flag bar if you open a qualified account.
Go to x22gold.com.
That's x22gold.com or click the link in the description.
And remember, there's always a risk of investment and there's no guarantee of any kind.
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, everything that they're pushing like the Green New Scam, the Great Reset is falling apart right in front of their eyes and each time they try to advance Their entire agenda, it is completely and utterly blocked.
And this is happening more and more as time goes on.
Remember, they never wanted to move us into the Great Reset, the Green New Scam, while people were awake.
They wanted this with this incredible event like the plandemic.
They thought people were going to be hiding in their houses.
People would be dying off.
The supply chains would be drying up.
The economy would implode.
And they would be able to push all of this.
And out of fear, everyone would have gone along with it.
This didn't happen.
Trump countered all of it and opened up the entire country, opened up businesses, opened up schools.
And now they are in trouble because everything that they're trying to do is not working.
And the people, they see it very, very clearly.
Look what just happened with natural gas.
Remember, Biden, he paused natural gas exports.
And now a federal court lifted the Biden administration's pause on approvals for new natural gas exports terminals.
Judge James Kane Jr.
on the U.S.
District Court for the Western District of Louisiana, who was appointed to this post by Trump, Rule to grant an injunction against the administration's January pause on approvals for liquefied natural gas export terminals while ongoing litigation plays out.
The LNG pause stands as one of Biden's most aggressive climate decisions through his first term in office.
Keynes ruling was issued as part of an ongoing lawsuit brought by a coalition of red states against the federal government for the pause.
The White House ordered the Department of Energy to pause new approvals for LNG export terminals to countries with which the U.S. does not have a free trade deal while the DOE examines the climate impacts of new export capacities alongside economic security considerations.
So once again, we could see that the judge has now lifted the pause and everything that they're trying to do is completely and utterly falling apart.
And when you look at New York, you can see that they have their prosecutors, you know, the deep state players, going after certain businesses to make them fall in line with the Green News scam.
Actually, Letitia James, she sued a beef company for not meeting their 2040 emission goals.
Now why do you think she did that?
Because again, what are they trying to do?
They're trying to bring us into the Great Reset, the Green News scam, and they're trying to get rid of our food supply.
But look what the reality is.
New York State, they're going to fail to meet One of its major renewable electricity targets by 2030.
So when you really look at this, you can see what they have planned is not going to work.
It's going to fall apart right in front of their eyes, just like it is.
And you can see that Biden, he's becoming very, very desperate.
Why?
Because people aren't following along.
Just go back to COVID, when people weren't taking the vaccine the way they wanted.
And from the very, very beginning, they kept saying, listen, we'll give you a burger, we'll give you concert tickets, we'll give you You know, coupons or whatever they were going to give you.
They were trying to buy you.
And when the people weren't following what they wanted, they became very, very upset, very, very angry, and they tried to force it on the people.
Now, with climate change, which is one gigantic hoax, Biden is out there calling people really dumb if you deny climate change.
Think about that for a second.
Again, here is Biden calling the American people Dumb if they don't go along with what they're saying.
If you don't believe what we're saying, then you're stupid.
Well, you know what?
Prove to us that this climate change is deadly and don't use your manipulated numbers.
Let's see peer-reviewed documentation.
We don't need the scientists that you pay off, that you give the grants to.
We need peer-reviewed documentation and let's see how the earth is warming up or now cooling down or doing both but now we have a perfect temperature if you're having both.
Again they will not be able to produce it just like when they tried to keep the mask mandate in effect When they tried to bring it to court, where was the proof?
They didn't have it, so they never could do anything with it.
The same thing's happening with this ridiculous climate hoax.
They don't have the proof.
They don't have the peer-reviewed documents.
All they have is manipulated numbers, paid-off scientists, and their political agenda.
That is all they have, and it's completely failing, just like the economy is completely failing.
And no matter what they say, no matter what they do, where they're trying to convince everyone that the economy is great, People know it's failing.
People know when they're being lied to.
Every day, the Biden administration, the Fed, the fake news, and the rest, they're all lying to the people.
And every day when people go food shopping, when people go to buy stamps, when people go to buy fuel, when people go to pay their insurance, they understand The economy's not getting better.
And look what the Post Office is doing right now.
FX Hedge put this out on X and said, USPS raising stamp prices.
Last chance to lock in forever stamp rate ahead of increase.
You'll pay more for stamps this month when the U.S.
Postal Service increases prices across its services.
The price of First Class Forever stamps will increase from 68 cents to 73 cents on July 14th, an increase of more than 7 percent.
Prices for all services will rise more than 7.5 percent.
The price hikes are part of the USPS 10-year Delivering for America plan intended to financially stabilize the Postal Service.
Forever Stamps cost $0.55 when the plan was introduced in 2021.
Really, this is going to stabilize the post office.
No, what's going to happen is a couple months later, they're going to say, by the way, we got to raise the stamp price to $0.90 now because it didn't stabilize anything.
Why isn't anything being stabilized?
Because the economy is in a downward spiral.
Inflation doesn't go away.
It might move up a little bit slower.
It might move up a lot faster.
But you don't get rid of the old inflation.
It's there.
It's cumulative.
It never goes away.
This is how the Private Western Central Bank system works.
It's a system that does not work in the end.
It doesn't work in the beginning.
It doesn't work in the middle.
It doesn't work for the people at all.
This is why in the end we need to get rid of the Private West Central Bank and what you're witnessing right now is their system and this is their system.
Look at your Look at your $5 bill.
Look at your $10 bill.
Look what it says on top.
It's a Federal Reserve note.
It's a debt instrument.
That's what it is.
You don't own this.
This belongs to the private corporation.
What is the private corporation?
Well, that's the Federal Reserve.
And I do believe this is why Trump started the narrative of getting rid of taxes, because if you start the narrative of getting rid of taxes, people start to talk, hey, that sounds like a good idea, but how are we going to fund the government with tariffs?
And remember, the fake news, all these economists, they're going to leave out the most important part.
They're going to say, well, tariffs aren't going to work because how are we going to make enough money to pay with all this debt and with all this borrowing with the government this big?
Well, again, you've got to go back to the source of the problem.
The source of the problem is the Private Western Central Bank.
That's the thing you've got to get rid of.
Then everything else falls into place.
If you're just trying to get rid of income tax and moving to tariffs with the Private Western Central Bank, and you're continually borrowing, and you still have the same inflation problems, it's Not going to work!
So in the end what has to happen is the Private Western Central Bank needs to be destroyed.
It needs to be removed and people need to create their own currency.
We don't need to borrow currency with interest attached.
Can you imagine if you got a paycheck and the paycheck is borrowed money and you owed interest on it?
Let's talk about protecting our wealth.
Are you worried about the future of the U.S.
economy?
With so much uncertainty in the air, it's natural to fret about the security of your retirement savings.
But there's one asset that stands the test of time, and that is gold.
For centuries, gold has been a hedge against market volatility and economic instability.
With a gold IRA from Noble Gold Investments, you can harness the power of precious metals to help protect your financial future.
By rolling over your existing IRA or 401k into a self-directed gold IRA, you can enjoy the potential for long-term growth and stability.
Diversify your portfolio with a tangible asset that has real value.
Setting up your gold IRA has never been easier with Noble Gold Investments.
Streamline process and expert guidance.
This election year, don't let election volatility and uncertainty keep you up at night.
Vote for the timeless safety of gold and silver in 2020.
2024. Noble Gold Investments will give you up to 10 one-ounce silver Trump coins or a 10-ounce silver American flag bar if you open a qualified account.
Go to x22gold.com.
That's x22gold.com or click the link in the description.
And remember, there's always a risk of investment and there's no guarantee of any kind.
How long do you think your household would last?
Think about that for a second.
Not that long.
Actually, most of the households, they're feeling that right now with credit cards.
But can you imagine each time you got a check, like this week, every two weeks went by, and you got a check for $2,000, and there was interest attached on that, and you owe that money back?
Would you be able to function in your household?
No.
Sooner or later, what would happen?
The debt in your household would be so large, the entire household would collapse on itself.
You wouldn't be able to function.
That's what's happening to our home, which is the United States.
A loan sharking system came into existence and they decided, you know something?
You're all going to have to pay.
We're going to Loan you the money and you're going to pay us back with your blood and your sweat and everything else.
And by the way, we're not going to improve America.
We're going to send all this money to other places.
We're going to launder it.
We're going to create corruption, but you'll just keep paying.
Because that's what we want you to do.
We're going to enslave you in our system.
There is no escape.
But yes, there is escape when you get rid of the private West Central Bank.
And I do believe this is where we're headed.
And the only way to move in this direction is to have the private West Central Bank destroy their old system and try and key word is try, try to bring us into their new system.
And I do believe this is where Trump is going to use that leverage to shift us away.
But when you look at the economy right now, what is the private, what's the central bank?
What is the Biden administration?
What are they all doing?
They're destroying their old system because their plan is to bring us into the Great Reset.
And when you look at the housing market, it looks like 2018.
The Kobisi Letter put this out on X and said, U.S.
new home inventory awaiting a buyer surge to 99,000, the highest level since 2009.
In just two years, the number of these homes has doubled.
This comes after single-family homes available for sale increased to 481,000 in May, the highest in 16 years.
As a result, it would take 9.3 months to dispose of the total inventory at the current sale price, the most since 2022.
It means that the number of potential homebuyers waiting for lower prices is rising.
Cracks in the housing market are now emerging.
Absolutely.
And we could see that Biden is right on schedule.
Remember, he needs to make the economy look good, because as we approach the presidential election, the people must see the economy improving, even though it is not.
And he needs to create this narrative and make people believe.
So what is he doing?
Exactly what we thought he was going to do.
Right now the federal government has completed the sale of 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve.
The government announced it would release 42 million gallons of gas from storage facilities in Maine and New Jersey to help lower pump prices heading into the typical busy summer driving season.
After receiving 19 proposals from five companies, the federal government awarded a contract to all the firms and they sold The fuel at an average price of $2.34.
Hmm.
That's interesting.
You think they're ever going to fill up the Strategic Petroleum Reserve or any of these reserves?
No, they're not.
And as we approach war, this is going to be a major, major problem.
But again, why are they doing this?
This is a Band-Aid fix to make everyone believe that they have inflation under control.
Remember, they removed coffee from the calculation.
Now with fuel prices going down because they released all this oil.
Remember, just a Band-Aid fix.
They're going to show everyone, look, everything is great.
And we can now cut the rates.
That's what this is for.
This is to show the people that we can cut the rates now for the election.
Because Bidenomics worked!
And once they do this, this is when everything falls apart.
The Kibisi Letter put this out on Next and said, Summary of Fed Chair Powell's comments.
The trend of disflation appears to be resuming.
Need to be more confident before reducing rates.
Fed doesn't see 2% inflation this year or next.
Budget deficit is very large and unsustainable.
4% unemployment is still a very low unemployment rate moving to fast create risk of inflation returning.
The Fed needs more data before rate cuts can begin.
Now with the fuel prices being dropped, what do you think is going to happen to inflation?
It's going to drop too.
And then all of a sudden the Fed's going to go up.
Wow!
You know something?
Inflation, we were worried about it.
We saw it coming down a little bit.
Now it's coming down even more.
The numbers look pretty darn good.
We can probably cut the rate very, very close to September.
I think this is going to be a possibility.
And I think Biden's going to then come out and say, look, you see, everything that I've done is working and people should be happy that Bidenomics is working.
But again, Bidenomics only worked in the manipulated numbers.
It's not working in the real economy.
It's not working for the everyday person.
And this is what people see.
And since people are seeing this, people are understanding that if the inflation is continuing and this is just a Band-Aid fix and people are being laid off, people understand that sooner or later, I won't be able to afford anything and I'm going to lose all my wealth.
And a lot of people, what are they doing?
They're transitioning into alternative currencies.
I mean, when you look at what's happening in Costa Rica, right now there are 380 businesses in Costa Rica that will now accept Bitcoin.
I do believe this is going to spread From country to country, they will accept their currency and they will accept Bitcoin.
And I do believe this is going to spread like wildfire as soon as the economic system starts to really, really fall apart.
And I do believe we're already starting to see this.
And when you look at the economy, you can see that people, they're getting very, very nervous.
And what's very interesting is that the world Gold Council Survey of 525 North American investors found a steadily growing trend of gold ownership.
The survey included large institutions, consultants, and financial advisors.
In 2018, 69% of the survey respondents said that they had some allocation to gold.
In the most recent survey, 85% reported owning some gold.
And when you look at what's happening in Costco, you can see the people in Costco, they're buying up the gold bars and Costco's slated to sell a lot of these.
Now, there's a reason for it, because when people look at Bitcoin, when people look at gold, they know, like, for example, gold is a proven diversifier, especially in periods of financial turmoil and economic uncertainty.
And the people who are buying gold, the people that are investing in or transitioning into Bitcoin, they understand this.
And they understand that just like Bitcoin, gold is liquid because you can use it anywhere around the world.
You can sell it anywhere around the world.
Everyone knows what gold is, just like everyone knows now what Bitcoin is.
And you can actually move Bitcoin very, very easily because you don't got to carry it.
Gold, yes, you got to carry it.
But I do believe that gold is a very good store of wealth.
It is physical and it gives people confidence.
So when you look at the entire picture, you could see that people, they're not just going into one alternative currency, they're making sure they're covered on all bases.
And I do believe there's going to be a lot more people that are going to be doing this, because as we go down this path, and as the economic system completely and utterly falls apart, and the value of the fiat currency continually devalues, people are going to see this.
Remember, the fiat currency is not going to reverse itself.
We're not going back to 1970 prices or when we were on the gold standard, unless We get rid of the Private West Central Bank because if we keep the Private West Central Bank and we keep borrowing the currency, well, this is going to be a major problem.
Now, can we pay off the Private West Central Bank?
Well, I do believe this might be a little bit difficult because we have all the interest attached.
And again, when you loaned the country, the first dollar, there was interest attached on that.
That interest didn't exist.
So how do you get that interest?
I think that'd be very, very difficult to do.
Unless you use gold or some type of alternative currency and the central bank actually accepted that.
But once again, you need alternative currency to satisfy the debt.
I do believe we need to move away from the Private West Central Bank system.
We need to completely restructure it, destroy it, whatever you want to call it.
Because in the end, if we're going to use tariffs, if we're going to get rid of the income tax, remember the income tax was brought into existence because of the Private West Central Bank system.
There was no income tax before this.
And if you go back in time, you can see that how did this country build up the infrastructure using tariffs and not having an income tax?
Well, again, we were able to do this because we didn't have a bloated government.
We weren't in all of this debt.
And we were able to do all of these things.
But has the infrastructure improved since we had the central bank?
No, it's gotten worse.
Actually, everyone's life has gotten worse.
So I do believe in the end, to go to tariffs, to remove the income tax, to rebuild this country, to shrink the government, the main thing that we need to look at is the virus.
The actual disease and we need to cure it and the only way to cure it is to get rid of it is to destroy it.
And I do believe that's where we are headed right now.
And once we destroy it.
Then you'll see an economy that actually works.
You'll see an economy that grows.
You'll see an infrastructure that is being rebuilt.
And people, when they see it, they won't be able to unsee it.
And then they'll say, why do we ever have a private Western Central Bank system?
And once the people know, it's game over for the Deep State, the Central Bank, the World Economic Forum, and all the criminals that flourished under this.
It is game over for all of them.
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