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The chairman and CEO of the world's largest asset manager told CNBC on Wednesday that he worries about a "silent crisis of retirement," citing global monetary policies that create disincentives for savers.

"Unquestionably, as central banks keep rates low, or negative in Europe, the savers are getting slammed," BlackRock co-founder Larry Fink said on "Squawk Box."

"Asset owners are the biggest beneficiaries of monetary policy, and this is why I think a year ago, two years ago, I talked about we needed more fiscal stimulus and maybe less monetary stimulus," he added.

"We are going to have to address what I would call the silent crisis of retirement," Fink said. "People are going to have to, unfortunately, whether they like it or not, they may have to work longer because they're not earning the same returns on their savings."

Wonder why "savers" are losing money... certainly that has nothing to do with the policies of the (((Federal Reserve))) which has been led by the likes of (((Greenspan))), (((Bernanke))), and (((Yellen))).

"Give us your money, goyim. We'll take care of it for you by crashing the economy then buying all your homes so we can rent them to niggers and further devalue your property. Enjoy your inflation and reduced spending power."

This BlackRock kike and his tribe are gloating in public for all to see and few among us realize it.

> The chairman and CEO of the world's largest asset manager told CNBC on Wednesday that he worries about a "silent crisis of retirement," citing global monetary policies that create disincentives for savers. > "Unquestionably, as central banks keep rates low, or negative in Europe, the savers are getting slammed," BlackRock co-founder Larry Fink said on "Squawk Box." > "Asset owners are the biggest beneficiaries of monetary policy, and this is why I think a year ago, two years ago, I talked about we needed more fiscal stimulus and maybe less monetary stimulus," he added. > "We are going to have to address what I would call the silent crisis of retirement," Fink said. "People are going to have to, unfortunately, whether they like it or not, they may have to work longer because they're not earning the same returns on their savings." Wonder why "savers" are losing money... certainly that has nothing to do with the policies of the (((Federal Reserve))) which has been led by the likes of (((Greenspan))), (((Bernanke))), and (((Yellen))). "Give us your money, goyim. We'll take care of it for you by crashing the economy then buying all your homes so we can rent them to niggers and further devalue your property. Enjoy your inflation and reduced spending power." This BlackRock kike and his tribe are gloating in public for all to see and few among us realize it.

(post is archived)

[–] 0 pt

>Also, inflation is basically theft of your labor in the way of fiat dilution by the Federal Reserve.

Ohhh, if it was only that... Add to the equation the theft in the pockets of people who aren't even born yet and you get the bigger picture...

Understandably, it's an ongoing gradual process that's intergenerational. So yes, it'll affect everyone down the line. It's a metastasizing of greed in an epic proportion, and one day a reckoning is only inevitable.

[–] 0 pt

"Necessity does not submit to debate"

...

[–] 1 pt

It's bit roundabout, but if you look at the money supply as a whole the banks own the entirety of it. Within the total money supply, portions are earmarked as belonging to the bankers, the individuals, and the government. There's a flow from the accounts of the the individuals to the account of the government to the account of the bankers. But ultimately the entire money supply belongs to the bankers.

The debt is illusionary, but so is the notion that anyone but the bankers have any money in the first place. The slavery is just mediated by these numbers in a distributed spreadsheet. For most people, you work or the government comes and removes you from your home on behalf of the bankers. That's true of the currently living and those yet to be born.