➡ The X22 report of November 2, 2023 reveals that the IMF admits that inflation will not be temporary, while banks prepare for potential bank runs. Amidst a deteriorating economic landscape, discussions of controlling belly fat through a naturally sourced product were also mentioned. Media narratives are being challenged as the public observes the economy’s instability, with concerns over moves towards a ‘Great Reset’, ‘Green New Deal’, and restricting access to natural landscapes. The report indicates that this central bank system, characterized by borrowed money and unchecked printing, is headed towards a significant crash. Furthermore, minimum wage increases and automation could result in job loss and make goods unaffordable, leading to a probable economic spiral.
➡ The summary predicts a deepening economic recession through 2024 with layoffs, inflation, increased fuel costs, and a potential market crash. The text also discusses an effective weight loss alternative with extended benefits and highlights the government’s failure to control inflation. Claims about imminent bank runs and measures to prevent them are discussed, hinting at public dissent over worsening economic conditions.
➡ The text presents a perspective of economic unrest, with a failing central bank system and a recession in progress, while emphasizing an expected shift towards alternative assets like gold and Bitcoin for wealth preservation. The text also hints at a vision of becoming energy independent to rectify the debt crisis, and a potential move away from the current central bank system to a system controlled by the people.

That’s Sam. You’re listening to the X 22 report. My name is David. This episode 3202 A, and today’s date is November 2, 2023. And the title of the episode is IMF admits inflation is not transitory. Banks prepare for bank runs. Let’s talk about our health. When it comes to stubborn belly fat, we’re all searching for a miracle pill. Generally, you have to use multiple products that target belly fat differently to manage excess weight around the stomach.

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Financial news now. The deep state, the corrupt politicians, the private what’s? The central bank. The World Economic Forum. Everything that they’ve told us from the very beginning where they said inflation was transient, fuel prices are going to go back down, the economy is going to be fine. If we raise the minimum wage, everything will be perfect. It turns out it’s one gigantic lie, just like everything else. Because now the IMF is admitting, yeah, inflation is here to stay.

It’s not going to disappear. Well, how can it? Think about the private what’s the central bank system think about what the central bank system actually does. If the government continually borrows and there’s no checks and balances, and the central bank just prints and prints and prints because there’s no checks and balances, what do you get? You get inflation because you get currency that enters into circulation, which devalues the pieces of paper that you hold.

So you’re going to see inflation. And what happens is the debt continually increases. It gets out of control. So what happens? The government has to borrow even more because they can’t pay for certain things and they can’t pay the interest. And as this happens, the entire economic system breaks down. People lose their jobs. So you don’t have the tax receipts coming in to cover the interest payments on the debt.

So the government has to borrow even more. And the central bank continually prints and it’s a death spiral. When you really think about it, it will not end well because the central bank system never ends well. It always ends in a gigantic crash. This is why they need to cover it all up. This is why they need to have everyone look over there while the economy is breaking down.

The problem is that they don’t have that type of COVID story right now, people for the last three going on four years right now, they’ve been seeing the whole thing break down. People understand that we’re in a recession. Most people believe we’re in a recession. Trump continually says we’re heading to a depression. So when the Central bank or the Fake news or the World Economic Forum or the Biden administration comes out and tells you, hey, it’s because of this, that or the other thing, no one’s going to believe it.

And as they keep pushing this agenda because they can’t stop now, people see everything that is happening. And if people see everything that’s happening and they see how the World Economic Forum, the Biden administration is trying to bring us into the Green New Deal, people realize, hey, what you’re doing is not helping the situation, it’s hurting the situation. And as people see this, they know who caused all of this.

And you could see the banks right now, they’re preparing for bank runs. And you can see the Biden administration, they’re just following along in this agenda to move us into the great reset the Green New Deal, which is going to fail in the end. And think about what they’re trying to do in the end. They want us to live in 15 minutes cities. They want everything else, all the farmland and the mountains and the streams.

They want that to be theirs. They don’t want people on it. They don’t want people using it. They don’t want people looking at it. They want people stuck in this little tiny city where you don’t have to travel anywhere and you’ll be happy. And how do we know that this is their plan? Well, all you got to do is look at the federal trail closures, which is part of the larger 30 x 30 plan that Biden announced shortly after taking office.

And the alleged intention is to conserve at least 30% of US. Lands and waters and 30% of US. Ocean areas by 2030. So what does this mean? The trails, the hiking trails, the mountains, certain water lakes and things like that, you’re going to have to ask permission to use that and the government can say, no, listen, we don’t want people using this. Sorry, but go back to your 15 minutes city and this shows you everything you need to know, because this shows you that they don’t want us using these lands.

That’s what it is. In the end, they want depopulation. They want people in the 15 minutes cities they want to control everything that you do with the currency, with electric. They don’t want you traveling and they don’t want you using everything outside of the 15 minutes cities. That’s why Klaus Schwab is out there telling everyone that we won’t need highways anymore, we can turn them into parks. Because if you really think about it, this is their plan when it comes down to it.

But I do believe it’s going to fail just like everything else. Because as the economy completely implodes on itself and people see that the deep state players, the central bank, the World Economic Forum is causing all this, well, the people know who to hold accountable. And they could see that every band aid fix that they use to try to control what is happening, well, it doesn’t work actually.

It makes the situation worse. Remember out in California when they said, hey, you know what we’re going to do? We’re going to give everyone a raise. We’re going to raise the minimum wage and everyone’s going to make a lot more money and it’s going to be a lot better for everyone. Well, we know that doesn’t work. We know that’s just a Band Aid fix. This has been going on since 1971, since we came off the gold standard.

This is what inflation looks like. This is why you need to raise the minimum wage. And every time you raise the minimum wage, what happens? You hurt the workers. It sounds weird, but you actually hurt them in the long run because now there’s going to be less people working. And those people that have to purchase the items, they have to pay more. Which means those people that are working at different jobs, they will not be able to afford these items.

And if they can’t afford these items, well, they’re not going to go to that business. And the business is most likely going to fail in the end unless the business decides to get rid of workers and actually automates their entire operation. Which means the increase in minimum wage is absolutely meaningless. And we could see it has already started out in California because since Newsom raised the minimum wage McDonald’s chipotle, they’re going to be raising their food prices.

So the minimum wage is going to go up, but they’re going to raise the menu prices for everyone else, which means people are going to have a tougher time paying for this food. And this once again is another death spiral. This is what we’re watching. And what’s very interesting is that we can see from the ADP numbers, the employment report is still signaling continued wage growth decline. So you’re seeing everything get more expensive.

You need more of those pieces of paper to pay for the same exact thing. And the wages that are coming in, well, they are declining. So if fast food is raising their prices and other businesses are raising their prices and wages are declining, how do people survive. Can they do it? No, they can’t. It is a complete and utter nightmare, and that’s exactly what we’re seeing right now.

We’re also seeing manufacturing well, that is declining right now. Genevieve Roke Decketer put this out on X and said us. Manufacturing had largest monthly decline in over a year, declining orders and slower production approaching weakest levels since 2020. We are contracting, and that’s exactly what’s happening right now. The entire system is contracting. We are in a recession. We’re moving into a great recession, then into a depression. I do believe as we go through 2024, that’s exactly what we’re going to see.

The economy is going to get worse. We’re going to see layoffs and we’re going to see inflation continue on like we’re seeing it now. Fuel costs will probably move up, and as we get closer to the end of 2024, probably around September or October, we might even see the market crash right before the elections. And the people are going to know who’s responsible for this, because as we go through 2024, all they’re going to hear from the Biden administration is, the economy’s doing well? Let’s talk about our health.

When it comes to stubborn belly fat, we’re all searching for a miracle pill. Generally, you have to use multiple products that target belly fat differently to manage excess weight around the stomach. Some products may focus on abdominal exercises or dietary changes, while others might focus on boosting metabolism or controlling cravings. But believe it or not, I found an exceptional alternative that uses naturally sourced and science backed ingredients from Mother Earth.

And it’s more effective at targeting belly fat, enhancing metabolisms, and promoting a tone mid section better than most weight management products I’ve seen. Typically found on store shelves, tens of thousands of five star reviews back up the notion that this amazing pill is not only a breakthrough in a bottle, but that it also helps remove the need for us to use countless diet pills and fat burning supplements.

But there’s more. If you place your order now, you’ll also receive 51% off free VIP, live health and fitness coaching for life, two free new ebooks titled Top Ten Foods That Burn Belly Fat and Top Eight Exercises to Reduce Belly Fat a 60 Day satisfaction guarantee, and last but not least, free shipping. Simply go to trimwithx 22 dot to take advantage of this limited time deal before they sell out.

Inflation’s under control. Don’t worry about it. Trump is going to continually push out the message that we’re heading towards a depression. Who do you think the people are going to believe? The Fed already knows that the economy is doomed already. This is why they paused their interest rate hikes, because what happens is once they hit that area where everything’s about to tip over, they pause them and they say, okay, we’ve done enough.

Let’s wait to see what happens. Do we need a little bit more or are we good to go? And they’re going to wait it out, which means the economy is going to continually implode on itself as we go through 2024. And they’ll probably end up dropping the rates pretty fast if they hit the tipping point. If they didn’t hit the tipping point, they might raise it a little bit one more or two more times.

But we’re going to have to watch that very, very closely because remember, their entire mission was to control inflation. What are people seeing? They’re seeing inflation, actually now. People that go to McDonald’s or Chipotle or any other fast food restaurant since they raised their prices, people are going, okay, what’s going on here? Everything’s under control? No, because remember, everything is connected. And as everything’s connected, everything affects everything.

And I think that’s what people are seeing right now. And the other thing that’s very interesting is right in the beginning, we had Janet Yellen out there, we had Biden out there letting everyone know that inflation was transitory, was just going to disappear. And don’t worry, we’re going to bring fuel costs down. None of these things happened. And everyone kept saying, inflation is not going to be transitory.

It’s going to get worse and worse as time goes on. And lo and behold, the IMF actually admitted this. Peter Sang, PhD, put this out and said, IMF now says inflation will last for years. So much for transitory. They also now predict years of stagnation to go with it, caused by the rate hikes that are failing to stop it. Their solution, of course, is yet more government spending.

So we’re basically replaying the 70s, but the dumber people are in charge right now. Actually, we’re replaying the 70s, but it’s not like the we came off the gold standard. We have a very little bit of debt. We didn’t have much of this currency out in circulation. The government wasn’t borrowing like they are today. So it was very, very different back then and it was much easier to control.

Plus, you were coming off the gold standard. Yes, the value of the currency dropped dramatically. But now you’re at the end of the fiat system and they’ve dropped the rates to zero. Then they raise them to try to control inflation. But remember, inflation has been going up this entire time. It’s actually, it’s cumulative. It’s 3000%. So can they do what they did in the they can’t. They’re two different animals right now.

One was at the beginning. Yes, you can try to control it, which they did. Here we are at the end. The system is imploding on itself. The debt is unsustainable. The amount of tax receipts coming in to pay for the interest on the debt is unsustainable. And if you keep printing and printing and printing, can you control this? No, you can’t think about your own household. If you’re making $50,000 a year and that’s coming in steady and your spending increases over time, and you keep increasing your spending and you keep borrowing on your credit cards, what happens? The interest on the payments go up.

But if your salary is still 50,000, can you meet the interest payments? No, you can’t. But you have to borrow to live because you don’t want to change the way you’re living. So what happens? You go bankrupt or something happens. You don’t pay your house, you don’t pay your car, you don’t pay your bills. Something happens in the end, which is actually a default. And that’s what’s happening here in the United States.

Everything is defaulting. And eventually the United States probably will default. It doesn’t matter how much they can print, because if you can’t pay the interest, there is a problem. Because you think they’re going to start cutting things right now. You think that’s their main objective? No, it isn’t. They don’t want to end anything. They got to keep the money laundering up. They got to keep everything status quo, which means this is going to be a complete and utter disaster.

And I do believe Trump and the Patriots, they knew the enemy would do exactly that. They knew we were at the end of the system. They knew that they would crash it. They knew that they would keep this pace. They wouldn’t end it. And that’s exactly what they’re doing. Why interfere with an enemy while they’re in the process of destroying themselves? Let them destroy their own system. Let them bring it down.

Let them become weak. Because there will be a point in time when the central bank will be very, very weak. And the people, not of just this country, but around the world, they will be very, very angry. Because think about it. The people, they can’t afford to live. They can’t pay for groceries, they can’t pay for fuel, they lose their jobs. The people are going to be angry.

The people are going to be pissed off and they’re going to know who’s responsible for all this. This is why the banks right now are preparing for bank runs. Now, if you go back in time, go back to 20 14, 20, 15, 20, 16, back in Cyprus, they had bank runs. They actually shut down the banks. They took people’s money in the banks and they replaced it with IOUs.

I do believe they’re going to try to do the same exact thing, and this is coming from Bloomberg, by the way. Out in Switzerland, banks are in talks about new measures to prevent bank runs. So right now, UBS Group, they’re in talks about new measures to prevent these bank runs. The discussions are part of a broader review of the country’s banking rules and would be designed for Switzerland’s top banks.

One option under discussion is staggering, a greater portion of withdrawals over a longer period of time. Imposing exit fees is another. So they’re trying to figure out ways to stop people from coming in and getting their cash out. Now, do you think the people are going to be happy with this? You think the people are going to say this is a great idea? No. Most people, they’re going to try to get whatever they possibly can.

They might even see this and they might say, you know something, if they’re talking about bank runs and they’re talking about exit fees and they’re talking about lengthening the withdrawal process, well, I’m just going to protect myself right now and I’m going to transition my currency someplace else. Maybe people will put it in the stock market. I don’t think that’s very volatile. Maybe people will put it into Bitcoin saying, if I need it, I can use it.

There are a lot of places that will accept it to protect my wealth. People might say, I might take this and take a portion of it and put it into gold just in case, and keep it in my house, in my apartment, physically, just in case, in a safe, just in case something happens. At least I have that. I think when people start to see this type of messaging and people see what’s happening, people are going to end up protecting themselves, especially as they see the economy break down over time.

Because when you see us going, the entire system going to a recession, which I do believe we’re already in. When we’re in a great recession, that’s when people really start to wake up and people say, okay, I see there are problems here. And if there are problems right now and Biden’s still in charge, and he’s doing absolutely nothing to fix these problems, it’s just going to get worse and worse.

And actually when you listen to Trump, if he’s telling you we’re heading towards a depression, well, you know that the economy is going to enter a depression. And I think people are starting to understand this and realize this. And I do believe this is all part of the plan of the Patriots to actually bring the central bank to where they want them to go. And the people needed to see all this play out.

The people needed to understand this and the people needed to understand who was responsible for all this. And in the end, I think the people are going to know this and this will make it a lot easier to shift away from the central bank because I do believe this is what this is all about. It’s not about a four year election, fixing the central bank system. Let’s repair that.

Listen, we have an enormous amount of debt. We have so much debt and the government is continually borrowing and the Fed is continually printing. Eventually what’s going to happen is everything is going to come to a screeching halt. And I do believe this is why Trump said, listen, if we become energy independent and we tap the black gold that’s under our feet, we will have so much money.

It’s almost like Saudi Arabia that we will be able to pay off the debt in no time, and we can sustain our entire system because energy is the key. Removing the central bank is the key. And I do believe this is the direction we’re going to be heading in. And I do believe in the end, he’s going to restructure everything and move us away from the private West’s central bank system.

And as the central bank system implodes and the fiat currency becomes less valuable, what do you think people are going to notice? They’re going to notice alternative currencies that are maintaining their status. They’re not being devalued like the fiat currency. And I think people are going to really notice that very, very quickly, especially with gold and Bitcoin. I think people are seeing that right now, and people are realizing no matter what they try to do with gold, no matter what they try to do with Bitcoin, it always seems to spring back, and it’s outside of their system.

And I do believe that’s the important part of this is to be outside of the central bank system and to make sure that you control your own wealth. Because the currency that we get from the central bank, we don’t own that currency. We’re borrowing that currency. If you look at your $5 bill, your $10 bill, $20 bill, it’s the Federal Reserve note. It’s a debt instrument. So it’s not our currency.

It’s their currency, and they loaned it out to us to use with interest attached. So I think people are going to start to realize, like, you know something? I don’t want a leased currency anymore. I want something that is controlled by we the people. And I do believe this is where all this is headed. And you need to get rid of their system and expose their system to move us into a new system.

And that’s where we’re headed. Listen, everyone, thanks a lot for listening. Be well, be safe, and especially be prepared. Thanks a lot. You our Sam. .