BlackRock CEO demands accelerated introduction of Digital Currency
The CEO of BlackRock thinks the war in Ukraine and the events surrounding it could be used to accelerate the adoption of digital money controlled by central banks.
Along with Vanguard and State Street, Blackrock is considered one of the “Big Three” index fund managers that dominate corporate America, and ultimately the world.
By November 2020, the “Big Three” managed US$15 trillion in combined assets, equivalent to more than three-quarters the size of the US economy and combined, they were the largest owner in 88 percent of the S&P 500 companies. By January 2021, the “Big Three” had almost US$18 trillion in assets under management.
Now, in a letter to shareholders sent Thursday 24th March, Larry Fink wrote that the adoption of digital money controlled by central banks could prove to be one of the outcomes of the war that are currently by and large under the radar.
According to Fink, whose own company manages $10 trillion worth of assets, countries around the world will be reevaluating what he called their “currency dependencies.”
With the onset of the war, the US and its allies added Russia’s central bank to their list of entities targeted by sanctions, which brought about a surge in transactions on centralized Bitcoin exchanges in both Russia and Ukraine, and in both of their currencies.
Reports interpret this as a realisations that stablecoins – cryptocurrencies whose market value is pegged to a fiat currency, gold, etc. – can provide safety for assets, and a way to evade sanctions.
The BlackRock CEO’s letter shows that the trend of major financial players starting to take cryptocurrencies seriously continues.
Born out of the 2008 financial crisis, this form of money was treated with distrust and even derision for a long time, but now Fink writes that BlackRock’s clients are becoming increasingly interested both in cryptocurrencies, stablecoins included, and in the blockchain tech that underpins them.
And for that reason, BlackRock now considers centrally-controlled digital money as an emerging class of assets that the corporation is “studying” in a bid to serve its clients better.
However, Fink did not say which of the many forms of cryptocurrencies BlackRock is “studying” – although in the past, while overall positive about the future of digital money, he didn’t appear to be a big fan of decentralized and freedom-associated Bitcoin.
In his letter to shareholders, he noted that even before the war in Ukraine several governments, including the US, were looking into cryptocurrencies and ways to regulate their use.
Fink also stated that “a thoughtfully designed” global digital payment system can improve international transactions, reduce cross-border payment costs, and the risk of money laundering.
In other words, if they can introduce this, then the who, what, where, when and why of your purchases will ultimately be under the control and permission of your Government.
See more here: dailyexpose.uk
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Ken Hughes
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“…………..your purchases will ultimately be under the control and permission of your Government.”
Really? I wonder if that is true. Whoever controls the money system, controls your money, and that won’t be your government, it will be the central banks directly, the global central bank. Governments will be obsolete.
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Ken Hughes
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.in other words, there will automatically be a one world government, dictated by the “Owners” of the central banks.
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Robert Beatty
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“Reports interpret this as a realisations that stablecoins – cryptocurrencies whose market value is pegged to a fiat currency, gold, etc. – can provide safety for assets, and a way to evade sanctions.”
So if one crypto is equal to one ounce of gold today, why would it not be equal to two cryptos tomorrow? Oh, that’s right – you can trust me.
I am afraid to say gold is gold and there has never been anywhere near enough of it mined to back all the currencies that have been printed. If we return to a gold standard, the price of gold will have to increase ten fold to start with. Therein lies the current financial dilemma.
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Mark Tapley
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Hello Beatty:
The last thing the banking cartel want is a gold standard. The whole purpose (as their guru Keynes admitted) is to transfer the real wealth into the hands of the financial insiders using nothing but monetized debt created in collusion With their cronies I=on the government side.
The problem you pose, is really not a problem. If we had a real 100% gold (and silver) backed currency it would just be pegged at the rate of ounces of gold per dollars. If there were no FIAT debt monetization allowed (which the banking cartel has to have) as debts are extinguished (payed off) the monetary supply will fall and the remaining credit (money) in the system would be worth more (rather than less as under the fiat system). This is really the free market system in which without government (insider gaming) involvement, the market would determine prices of all goods and services and so all resources would be allocated (including interest rates) according to market demand.
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Mark Tapley
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The fake war managed by the Zionist puppets on both sides is now being used as a contingency to (never let an opportunity go to waste) gain more control over the herd. Just like the social credit total surveillance total control system now implemented in Chinese cities, this will enable a virtual reality system where every financial action the individual makes is monitored. This is not only a further infringement into our 4th amendment rights to be secure in our personal effects but will also allow the insiders to game all aspects of buying and selling.
Many of America’s founders including Jefferson and Madison warned about the dangers of central banking and the process of banking cartel plundering by the insiders using fiat debt monetization. Fink and his criminal partners including Vanguard (Rothschild-Rockefeller) and the “to big to fail” banks have been the beneficiaries of trillions in “stimulus” money under the cover of the fake virus. At the same time they were lining the pockets of the super rich they had their puppet actor politicians mandate millions of smaller businesses close. Now as in their premeditated “bailout for billionaires” program of 08-09 they are buying prime real estate, commercial properties and businesses at a bargain with the monetized debt created from nothing. The fiat banking cartel for the insiders is the worlds biggest scam. If (((Fink))) and his Zionist cronies get Digital currency approved it will supercharge their plunder operation. The first phase of the plunder was the creation of the Rothschild central banking cartel in the U.S. in 1913 also by using a contrived “emergency.” This latest move is to move right down to the individual level in order to fine tune the plunder.
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NOHOMEHERE
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Today we see the signs of yet another attempt to dominate !
Our world is becoming smaller, which is in line with facilitating (THE) world encompassing, global scale dominance, ( this time around!)
My comment on all that is too much to write here!
Just, (look at the past to know your future!) One over view posit is this. The ancients of known recorded and oral histories prove out that men will eventually covet other peoples things.
The God complex!
This is the full cycle that we experience today. this is inevitable as all cycles repeat.
(I believe) these cycles are coming in a rare concert of ECONOMICS ,WAR,FAMINE,PLAGUE…all of which have their instigators and unique players , but are a result of our (Immutable physical human nature).
Too conclude , The seed that is sown is not that body…”What you sow does not come to life unless it dies. The coming change is soon to reveal the future us. Not by mans will but by the eternal cycle of life.
(Please excuse my writing form but try to read between the lines. Using your on particular facts and logic, )
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letmepicyou
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The CEO of Blackrock is a disgusting anti-white Jew and his goal is the destruction of the white race and the enslavement of the planet to the Jew scourge.
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Mark Tapley
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Hello Letmepicyou:
Zionist Jew Fink is a high level corporate operative working with the banking cartel, Zionist controlled government administration, court system and shabbas goy legislature for the express purpose of plundering the goyim using the predatory fiat system in order to buy up all real assets in the real economy in exchange for depreciated currency. Now that the once dominant middle class is about gone and Jewmerica is on the way to 3rd world status, most of the remaining debt slaves will just be another cost center of useless eaters that have to be managed on the global plantation.
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letmepicyou
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The solution is to expunge the Jew from America, and restore a metal-backed paper money system printed and issued by the CONGRESS (with a now-nullified 17th Amendment), preferably based on SILVER. Paper money backed by metal is a COMMODITY, and thus the issuer of metal-backed money has a natural incentive to keep the value of their commodity high to compete on the market. This stands in stark contrast to a fiat paper money system where the money isn’t a commodity but rather an instrument of USURY DEBT, and so there is a natural incentive to DEVALUE IT.
The incentive to devalue fiat currency and use it as a debt instrument is one of the Jew’s darkest gifts to mankind (fractional reserve lending, I believe they call it). The Jew has always been the ENSLAVER (NOT the enslaved) of mankind, from Babylon to the Federal Reserve.
But perhaps their darkest secret is the fact they are the descendants of Lucifer, and of Cain. Shhh, that’s the one they really don’t want getting out.
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Mark Tapley
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Hello Letmepicyuo:
Even though Khazar Jews are disproportionally represented in the Zionist syndicate, most Jews are victims just like the rest of us. The point of it is that as Jefferson stated, “only a moral and enlightened people can govern themselves.” without that prerequisite in place, limited republics will always degenerate from the bottom as the people get their hands in the till and from the top as the aristocracy use the power of government to enslave the masses. This results in chaos and finally totalitarianism. Also defined as literary figure Ezra Pound termed it “A country run by Jews.
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letmepicyou
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I disagree that “most are victims”. When you ask any of the so-called “good Jews” their opinions on the goy being their slaves when their “messiah” comes, I think you might be surprised just how many of them that you claim are “just like the rest of us” won’t think TWICE about slapping chains on a white man, or anyone else that isn’t a “Jew”.
Mark Tapley
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Hello Letmepicyou:
I think that is a good point as it is clear that even the Orthodox Jews who never accepted Moses Hess “Reform Judaism” and are opposed to the Zionist Nationalism element of it, still believe they are the “chosen” as if they are still under the Law of Moses. My point is that the big dog Zionist Jews and their Gentile allies at the top want give a fig about them in the long run. They were useful cannon fodder for the Homeland narrative and for the holohoax. There always had to be an unassimilated Jew population. However once the Agenda 2030-21 plan is in place, they will no longer be needed.
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Photios
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Fink: “The attack on a sovereign nation is something
we have not seen in Europe in nearly 80 years –
and most of us never imagined that in our lifetimes
we would see a war like this waged by a nuclear superpower”.
Serbia? Bombed by USA? UK? NATO?
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Tom
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Power hungry mongrels like blackrock will fail to take over the world.
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Mark Tapley
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hello Tom:
Hope you are right but every year they get closer to their goal of global hegemony. All one has to do to realize this is to look at how all countries of any consequence fell right in line for the fake virus. There was not even any real opposition to the transparent medical control scam. In fact the Zionists even tell us well ahead of time what they are going to do. Zionist Jew Robert Koch (Jewmerica’s 2nd richest family) held the first pre pandemic meeting in 2012, the same year the Rockefeller Foundation document was published depicting todays fake virus exactly as it was rolled out. The Hollywood Jews even showed us the plan in 2011 with the movie “Contagion.” All the countries had their fake PCR tests ordered in 2018, long before the fake virus was sprung on the goyim.
911 took 30 years of planning as laid out by Christopher Bollyn in the video link below. The 1985 movie “Back To the Future” predicted 911 as did several cartoons. Yet another aspect of the elite’s program is the banking cartels accelerated financial plundering since 911. The “Bailout for Billionaires” program (initiated by Greenspan of the puppet Reagan Ad.) was pushed through by Sec. of Treasury (((Geitner))) and Goldman Sach’s (((Blankfein))) and rubber stamped by our shabbas butt goy aIPAC congress. Now under the fake covid, trillions more in “stimulus” has been dumped on Black Rock (((fFink))) companies, while millions of small businesses were forced to close.
The phony climate change (formerly global warming) is yet another example of the Zionists in your face agenda. This climate con job was invented by the elite’s Club of Rome in 1969 in order to destroy the western economies by spreading alarm over the non existing “green house” effect, and with the help of the MSM and puppet politicians, it’s working. Many high level puppet actors from all prospectives of the fake political parties heap effusive praise on the NWO and some such as Trudeau have openly endorsed the coming Agenda 2030-21. In view of these and other on going strategic programs to consolidate all power under the criminal syndicates control, it appears to me that the Zionist plans are progressing at an accelerating speed. Not much failure that I can see but instead an amazing record of long term success while the great mass of sheep are not even aware of whats going on.
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