BY THE EXPOSÉ ON
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% 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.
The Time for Silence is Over
A unified pushback against the globalist agenda
It’s finally here, the Global Walkout begins September 4th at 8pm London time and continue every weeks. Next step 4th June 2023.
One step at a time, hand in hand, we are walking out from the globalist society they are trying to enslave us into
ANYONE can participate
ANYWHERE in the world
JOIN or read about it here – https://globalwalkout.com
The third step is to unsubscribe from all mainstream media outlets. Delete the apps from your phone, laptop, and tablet and unfollow all of their social media and YouTube channels. Try to avoid mainstream media for at least one week, even if the headline is intriguing.
In the same time why not removing all the big tech tracking/spying/social credit system around you: (Youtube, Facebook, Instagram, Twitter, Tik Tok, Google, Apple, Microsoft, Whatsapp, Zoom, Linkedln, Snapchat, Tumblr, Pinterest, Reddit, Myspace, etc.)
The fourth step of the global walkout is to move as many accounts as you can to a union or local bank.
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Search engine: https://presearch.org/, https://search.brave.com/, Searx (choose the server that you want) or https://metager.org/
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