Health Impact News
“By giving BlackRock full control of this debt buyout program, the Fed… makes BlackRock even more systemically important to the financial system. Yet BlackRock is not subject to the regulatory scrutiny of even smaller systemically important financial institutions.”
“BlackRock, the world’s largest asset manager, implemented a strategy of lobbying, campaign contributions, and revolving door hires to fight off government regulation and establish itself as one of the most powerful financial companies in the world.”
A virtually unregulated investment firm today exercises more political and financial influence than the Federal Reserve and most governments on this planet.
The firm, BlackRock Inc., the world’s largest asset manager, invests a staggering $9 trillion in client funds worldwide, a sum more than double the annual GDP of the Federal Republic of Germany.
This colossus sits atop the pyramid of world corporate ownership, including in China most recently.
Since 1988 the company has put itself in a position to de facto control the Federal Reserve, most Wall Street mega-banks, including Goldman Sachs, the Davos World Economic Forum Great Reset, the Biden Administration and, if left unchecked, the economic future of our world.
BlackRock is the epitome of what Mussolini called Corporatism, where an unelected corporate elite dictates top down to the population.
READ FULL ARTICLE HERE > https://healthimpactnews.com/2021/unregulated-investment-firm-blackrock-more-political-and-financial-influence-than-the-federal-reserve-and-most-governments/