PART FIVE X22 Log July 8-11, 2019
7/11/19
Proof Of The Magic Wand, Restructuring Process Has Begun - Episode 1914a
X22’s blurb:
“The stock market has hit an all time high, it hit 27000 points. Don Jr tweeted out that the MSM was reporting back in 2016 that if Trump was elected the market would collapse, who has the magic wand. The Fed has announced a policy shift a restructuring on the approach to how they gauge the economy. It has begun.”
texokie notes:
Trump tweet at 5:08 about Hewson of Lockheed Martin of her decision to keep plant in Coatsville, PA. Founder of BET says economy is b better for minorities. Clip is shown. Economy has not fallen apart despite the MSM’s dire predictions.
Discusses use of magic wand by Trump. Q has spoken of the restructuring and how the CB/FED has not adhered to its job to keep dollar stable with open free market. We are in an illusion of their making. Trump is remaking the global trade deals. PetroDollar will no longer be the reserve currency. We actually need trade now. Powell is focusing to shift the FED to a trade policy basis. It is shifting because of the new economy, and this is the restructuring which is taking place now, in the shadows while the old structure is in place. FED will still be in place, but its role will not be private, Dave,X22 believes. Once things are in place, we will get an audit and the FED will be taken over. This new system will not be based on debt, but on trade, producing. Speaks of the Weimar period. There was a reset, and then the economy got better. The Central Bankers did not like that. The new economy will not have the CB controlling it. We will all have to learn that the CB system does not benefit the people.
END PART FIVE
Q Q Q Q Q Q Q Q Q Q Q
The China trade talks are front and center in this. China has become a major financial power by schmoozing the U.S. dollar. During the Clintooon Admin the deficit with China was about $45 bil a year; now it is about $450 bil... great for China but unsustainable for America.
Prez Trump is trying to woo manufacturing back to the US. That is the key to trade balance and it is enraging the Never Trumpers who have been exposed for what they are: liars and fellow travelers. These are the people that gummed up the soon-to-be China trade agreement by telling the Chinese that Trump will not be president in a year and a half.
So POTUS is doubling down by placing moderate tariffs on about $300 bil of Chinese imports. The Chinese threaten to raise tariffs on ??? They have already put tariffs on $30 bil US imports, but they don't import much from the US; they have not complied with importing more US agricultural products as agreed. They are once again devaluing their currency in order to ease the financial strain of the US tarrifs.
The answer is to do what POTUS is doing: lure manufacturing back to the US from China - and other countries. IMO China is acting foolishly especially since they don't have a lot of financial cards to draw from their deck; I had predicted they would do otherwise. We need to support POTUS DJT in these various trade talks - it is vitally important.
AND, those billions of dollars we are harvesting from China -- why not use some of that money to build the wall along the southern border?