BlackRock became the proxy for the Federal Reserve and central bankers
Editor's note: Here is one for the psychopathic record books when BlackRock's Larry Fink talks about "fiduciary responsibility." Fiduciary responsibly for who exactly? What most people do not know is that the Federal Reserve hired Fink's BlackRock to implement the fed's policy related to inflation. There was an annual meeting held in Jackson Hole, Wyoming in August of 2019 of central bankers where a presentation was given by BlackRock's executives who simply asserted "a crisis was coming" and they "must create inflation." Nobody at this central bankers pow wow raised any questions as what they meant by a "coming crisis" or why they needed to "create inflation." BlackRock with trillions under management telling the fed they have to create inflation? They created inflation as part of the "Great Reset" is what they did. Here is a private asset management company, the biggest in the world, now assuming the authority of central banks and governments with BlackRock as their proxy.
JUST IN: @BlackRock CEO Larry Fink *absolutely lost it* on their latest earnings call, after the Texas Permanent School Fund pulled $8.5 billion from the woke asset manager over their continued ESG activism:
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