BlackRock CEO Larry Fink on Inflation, ESG Investing
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- เผยแพร่เมื่อ 1 มิ.ย. 2022
- BlackRock CEO Larry Fink warns that inflation is not transitory and the Federal Reserve does not have the tools to deal with it right now. Speaking with David Westin on "Bloomberg Markets: The Close," Fink also discusses sustainability investing and his concerns about immigration.
THIS MAN IS DIRECTLY RESPONSIBLE FOR A LOT OF TE PAINS WE ARE EXPERIENCING!!
i agree
Not half as much as the geniuses that passed the last $1T stimulus package under Biden..
Thank God Manchin said no to the $5T Sink America stimulus package
Progressives understand nothing of market economies, except to whine and try to destroy them and get something from productive people for nothing.
The settlement of account occurs in Nov 2022 and Nov 2024.
NO
He just works for the Rothschild Family ; " Sir " Evelyn de Rothschild is the real ruler of the world ! Remember what I told you .
@@smartypants4571 Somebody has to do it,, ...occupy the throne of the conspiracy metaverse.
Crazy to think that alot of people don’t understand how much power this man and the blackrock company carries, actually insane…
That's true he is the real master of woke industry which is forcing gender colour and ethnicity quotas on companies
Pensions and real estate shares global
This man is The Man Behind The Man if you're smart you know what I'm saying
@cross Michaels - the illuminati
His personal wealth is absurd - who knows how much, but it's not particularly important. How him and his tribe really exude power is in controlling other people's money, and using that to, not completely own, but own JUST ENOUGH (a controlling interest - 10% to 25%) of everything. All of the assets managed by BlackRock, Vanguard, and State Street combined are something like $23 TRILLION.
Why aren't people outside this man's home(s) and office(s), protesting over his hand in our country's current crisis?
Because Jan 6 and Climate Change are to blame. The Billionaires and Joe are trying to protect us.
he is protected. unlike the courts.
because they arent getting paid to show up at his house
Because he controls the whole crowd. He’s the entire reason they exist
because he can counter offer
This man is an expert on how to explain without explaining
He did explain, were you not listening?
There’s only a slight difference between a woke billionaire and a democrat politician
@@williamblake827 One is in charge of 10 trillion dollars, and the other is not????
This man is an expert at getting your money
For a few months now I have been searching tirelessly for information on how to start investing. I even paid $400 for a course that I now regret. It appears that there is no structured guide for beginners on how to get started in this realm. I’ve come across several investors making well over $250k/annual and I would be grateful if anyone on here could provide insights on how to get started, identify potential stocks when to make an entry, exit etc
Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.
In order to make profits from trading you need loads of experience and a well-defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Diversify! this will help you spread the risk
Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
Who’s the person guiding you
credits to *MARTHA ALONSO HARA* , one of the best portfolio managers out there. she's well known, you should look her up
He should know inflation isn't going anywhere, he helped create it with shortages in housing (buying up single-family houses) and oil (ESG)
This is the most powerful man in the world. We are all his subjects, whether we are aware of it or not.
I am not his Subject, he does not own ME!
@@gezam31 yeah maybe, but he owns your country unfortunately.
Anyone with half a functional brain cell would ignore the commentary of any CEO, Millionaire or Billionaire. They don't make comments for your benefit... but to manipulate your perceptions to benefit them. This is especially true of BlackRock CEO Larry Fink.
Well said
Fink wants to increase immigration because it will hold down wage growth, making corporations more profitable and thus causing their shares to appreciate. This guy doesn't give a damn about the American middle class. He truly lives up to his name.
Couldn't have said it better myself. Nobody is rich if everyone is rich.
i agree
Recessions are where millionaires are created. I feel for the older generation, but if you are young or middle age, you should do everything possible to double and triple your invest-ments.
Inflation is created by the government/fed, by both shutting down the economy thus reducing output & massively increasing the money supply. Flooding the money supply without increased production reduces demand for dollars causing real inflation.
As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks to ''Theda Helene Jackson'' for improving my portfolio,
There is a perfect storm forming in America. Inflation, sever drought in the farm belt, the pandemic, food shortages, diesel fuel and heating fuel shortages, baby formula shortage, shortage of and price of available cars, the price of housing. It's all coming together and could lead to real disaster toward the end of this year.(or sooner)
@@bradcornwell3206 I looked up the FA you mentioned on her webpage and submitted a form scheduling a call with her. I hope she replies soon.
@@tariqomar1635 lol nice scam
This man has had the largest impact on pushing up real estate prices through his firm’s artificial demand in buying up blocks of houses and then renting them out. At the same time, he will likely have the largest impact on bringing down the housing market as his firm looks to unload real estate assets in favor of some other asset class. Crazy and a true US only phenomenon
BlackRock also bought shares of german housing companies like Vonovia and Deutsche Wohnen.
And market prices are insane here.
No chance to buy houses under 400k €.
All 2021 buying properties
It's 2030 you own nothing, are you not happy...?
It's not his fault. Also the market shot up substantially you should have invested.
Thanks for shedding light to this matter. We now know who actually runs this country, the real president of the United States.
Isn't BlackRock responsible for buying homes? Aren't they part of the reason housing is so expensive?
I’m a real estate broker. They absolutely are. Blackrock and other companies, have been buying up TONS of homes to turn into rentals. One Canadian company bought 800 homes in the U.S. in just one month. This, combined with new home rates of building never catching up from the 2008 crash, certainly contributed to inventory being at all time lows in the last year, and home prices shot up to insane levels. Housing prices are simply unaffordable for the average working family. Rental prices are as well. We need an affordable sustainable housing market and it is not there right now, could take years for inventory to catch up.
This would end when interest rates go up - that's why I don't think it will happen which means even higher inflation. Prepare for hyperinflation and buy commodities.
They bought everything. The inflation will be high until they bankrupt any small business and they buy them all.
@@coreyjohannsen8353 in socialist countries (EU) buying a house is impossible without large (up to half the cost) government handouts...outside investment wont happen as rents are so low... this is the situation they want... its not for me
@@jamesdoe3713 me not
I loved it when he says inflation was caused by changes to legal immigration and Nationalism! I want what he is smoking! Hysterical!
He's smoking the fumes of the burning bush.
Mr. Fink contradicted himself after mentioning + 2 Million legal immigrants in 5 years then following up on how the infrastructure bill and how wages are going to rise due to the shortage of workers. For perspective look at Germany, their economy thrives on immigration for their manufacturing industry.
@@julianbenjamin1552 the US has only service and woke jobs. John Deere, Ford, many of our remaining factory jobs are bailing. What will immigrants do for jobs? Who will have the money to buy their goods? I haven't UBI mentioned lately, must be using sh¡tcoins. If they can get them.
He smokes a trillion$ before breakfast
He's Jewish. It's what they do. Why do you think WW2 happened?
The nerve of this jew saying inflation is because of "nationalism" and less immigration. Just another day in Weimerica.
Larry Fink, a man who truly is befitting of his name.
Antisemite!
@@agy234 It’s true though, he literally was the Happy Merchant meme when he rubbed his hands together, talking about how “nationalism bad, import more foreigners”. Yep I’m an antisemite and fine with that lol.
What is a fink? Whatever it is, he's it
@@soundside38a48 I'm in western NY, just close enough to the PA Dutch to think that they have the most correct definition for the word
Hey, Lawrence is not all bad..
The nerve of him to say that SEC should enforce ESG. It’s one thing to use an ESG scoring as a mechanism for your personal investing strategy, but to force the SEC to mandate disclosure is a whole different ballgame.
Can someone please explain how oil companies have a better ESG score than Tesla ?
@@landsea7332 because it’s all a scam oil pays Larry more money to get rid of the competition
@@landsea7332 envelopes under the table maybe
@@landsea7332 Teslas CEO is very vocal and polarising. You don’t see anybody who represents oil companies doing Joe rogan podcasts (this effects the social score a lot)
So I'm supposed to believe that as we in the West head toward inflationary stagflation followed by depression in a world where only Russia, China, India, the Middle East and Africa are actually growing and have access to all the cheap oil, potash, palladium and other critical minerals, that ESG being forced upon our populations when the average family can't even afford the price of an electric vehicle (which is also in limited supply) is somehow going to save us? Obviously the plan is to regulate us all until we will "own nothing" and they (Blackrock and co.) "will be happy".
Most times it amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
@RONATO Johnson Anyways not actually, what I know about trading almost borders on zilch lol. I make huge profits on my investment since I started trading with Mrs Debbie Ramirez, her trading strategies are top notch coupled with the little commission she charges on her trade.
@@thomasnorris7285 really are you giving her your money or your coin?
@@ebonicalbert5711 My coin stays right in my trading account, my account just mirrors her trades in real-time that's the idea behind copy trading.
@@thomasnorris7285 What a coincidence you invested with Mrs Debbie Ramirez also? My bi-weekly trading Return is $28,600.
@RONATO Johnson Same here, My portfolio has been going down the drain while I try trading, I just don't know what do wrong, have invested $18,000 in crypto all have now is just $5365.
To me it's amazing how out of touch America is with reality and ability
This guy is one of the people responsible for inflation we are facing with all of pushing for hindering fossil fuel related industry to grow.
funny how he defends Powell because he benefits so much with current fed policies
he needs to be 6ft under... and the companies records gone through for monopoly type actions... you can't get where they are without being corrupt and breaking laws
@@lionheart93 he only comes to TV to say the opposite of truth. For them this is a game of making money
The face of evil.
We all know who is responsible.
Apparently Larry’s still confused
Cool it with the anti Semitic remarks
Satan
@@jtasgl88 lmao
@Barbarossa Nah, he was sarcastic. That phrase is from a movie. He is making fun of people who defend jews( or who are mind controlled to do so wink wink) haha:)))
Inflation has been exacerbated by the ESG policies that many fund managers have been pushing. A large proportion of inflation is due to lack of energy supply. This was partially caused by the ESG movement.
100 percent
Totally correct. This asshole is part of the problem.
And you are wrong about part of the problem, they are 100% the problem. We would have oil infrastructure in place to cover Russian 3 million bpd and natural increase in demand if it were not for these ESG ideologues like Fink.
Right on. Shale oil needs to be treated as national security. But the Government is busy imposing sanctions on Venezuela, Iran and Russia, and continues to suppress shale production.
ESG didnt even started....its covid and sancfions fault for high oil prices
When the Hands start waving around like Bill gates you have to get him a lie detector.
@Barbarossa that and the way he breaths and stumbles over his words. It's utterly clear he is trying to remember a fabricated story and knows it's all lies and hes nervous about being caught.
"By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." - John Maynard Keynes
He should know, he developed and then pushed the process into mainstream acceptance
Not only the citizens, but all outside of the us who use the dollar. Makes you wonder what the real motive was in fighting to keep the petrodollar and the conflicts that the US got into that happened to slip the dollar into an important position in foreign economies.
1000000% fact
Kinda needed since they printed so much money so quickly.
100% true.. you pay more for the same product
Not blaming the Federal reserve for inflation?
They are friends
This man is evil
Most of them are. We're cattle to them
I looked him up HUGE surprise.
"Fink was born on November 2, 1952. He grew up one of three children in a Jewish family in Van Nuys, California, where his mother Lila (1930-2012) was an English professor and his father Frederick (1925-2013) owned a shoe store. He earned a BA in Political Science from UCLA in 1974."
I always look up those responsible for the destruction of this country. I'm rarely surprised
Boomer level 9000 illuminati level 9 trillion
Every. Single. Time
Larry Fink should use his influence to improve the lives of animals and people that are affected by the businesses he owns.
He will focus only on improving Israel like any other Jew
I would like him to improve the lives of my animals
@@BioChemistryWizard you keep commenting about jews. what is your obsession?
doing the opposite of what this guy says. I can smell lies in this interview. There are greatly benefiting from Powells decisions, so why would he bash Powell.
Yes totally lies!
When you invest wisely, you buy a future where you don't have to work. But never invest in a business you don't understand. In every investment, there are winners and losers. Winners make money because losers invest out of greed, not knowledge
I agree with you. I had a senior colleague at work who was living well but never had an investment, unfortunately his job ended so he went from living well to surviving with his family. If you had an investment, you would have had another source of income
It made a lot of sense, as he said, "For an investment, the person must consider the rate of profit versus the rate of loss with a minimum risk of at least 2%,
Mr Larry kent nick is the best. At $78,000 per month with little to no risk. He analyzes the profit margin and manages the level of risk to secure profits and intrusions in his portfolio
@@sarahrafeal6412 Larrykent_nick_trading
Fixed income will never protect you from inflation, real assets will.
Can we just out all the head people at BlackRock in jail already?
When you invest you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
@@haydencraig7149 you're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings, what do you think I should be buying?
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
@@jeremygood3246 Crypto currency will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% of my investment
"7 trillion dollars stimulus is beyond any we've seen in this country" ,also Larry Fink " i dont think this is a demand problem"
I learned absolutely nothing from this interview. Larry Fink is as masterful an evader as they come.
They bet on the fall of economy because it's profiting to stimulate shortages. It's a bank and nothing goes in or out. When Blackrock sell the value drops by 20% even if their investment is only 5% the reason why is because 5% of a company is a lot. How many companies are able to buy 5% of a company in a day.
This man needs to be arrested! Along with everyone else in the WEF!
i 100 % agree
He is pure evil
7:38 down 2 million legal immigrants, but we're up 11 million illegal immigrants in that same time. Thanks Biden.
Yes, Fink conveniently left out that interesting little statistic, didn't he? I thought the same thing while he was spewing his propaganda.
Energy (in its various forms) is the currency of nations.
If you don’t know how hypocrite look like. This is the one in front of you 😂😂
That's the truth, that guy lives up to his name.
Never heard a less interesting or charismatic person speak
Larry Fink WEF insider is not the friend of the people.
Literally rubbing his hands as he lies to the country lmao.
@Barbarossa the nose has been exposed
the cattle is noticing at an alarming rate
Just because he has a big nose does not mean he believes in the tora. Im ashamed to be born jewish with people like larry fino ...😓
You shouldn’t be. The Jews and their Torah is a light to the nations.
Mr. Communist China himself, lol ESG my ass.
Go Evergrande
Wolves in Sheep's clothing
2 years , 3 years, 4years.. few years... you dont know jack other then siphoning money. So easy when you live in an ivory tower and dont live in the real world of struggle. BlackRock is part of the accelerated problem over the last 10 years.
Never has someone had a more appropriate late name.
why would any media outlet ask someone who's lost $1.7 trillion anything besides "how did you mess up so badly" and "are you okay"?
Best name for this guy Fink.
ESG is at the roof of our current inflation and energy woes
That clown lost 100 million in the 80s… he’s certainly a fabulous conman to come back from that… and just one of the crazy stories of our times that shows how effd up everything is.
If there will ever be an analysis of these times right now… it’ll be very difficult to believe what happened right before the eyes of everyone… it’ll be hard to believe how almost everyone was in a kind of trance…
I really hope there will be some kind of self aware beings left on this spaceship called earth
Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the Best way to take advantage of this downturn?
That's right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.
@Karl I need guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
Investing with the aid of an experienced trader is a very good way to generate passive streams of income. Melisa is one of the best out there and She's verifiable.
LEGAL immigration. Heavy emphasis on the “L.”
Big business are the only ones to benefit from Immigration working people get lower wages and higher cost of living
You got what 81 million "people" allegedly voted for.
Wow, you guys managed to get Lucifer on.
Hah, naaa. Lucifer has more morals then Larry. Larry wants 90% of the population dead in the next 100 years.. while him and his rich(er) masters flee the planet to a space station.
Oh and btw, the whole thing about Lucifer rebelling against God is a sign of how corrupt God is. If you fucked up your first round of children, you do everything you can to make them AND yourself BETTER, you don't go off creating a NEW "better" round of children then set the first round in control of the second round.
LIke seriously, that is the stupidest thing to do EVER. Do you want someone that has been abused over and over again and NEVER dealt with the trauma helping raise your children? No you don't, they are either going to directly abuse the kids or indirectly harm them in other ways.
Do Mr Fink pumping his shorting positions that way?
Yes I do blame the fed for the inflation.
We are in the dark ages of finance.
Yup, crony capitalism
Awesome content, lately the Btc/stock and housing market has caused a lot of confusion among investors, is this the right time to invest or to hodl due to recurrence about bullish or bearish trend. I need guidance?
Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
@Kethlee Bum I invest across the top markets but not by myself though. i follow the guidelines of MELISA PAMELA PEREZ . you might have heard of her.. I can correctly say she's worth her salt as a investment advisor as her diversification skills are great, I say this because i see that in her results as my portfolio grows by averages of 20 to 3O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what she place and not just on some particular industries of my choosing.she gave me that financiaI freedom I needed
@Kethlee Bum look her up on the Web and leave her a message she's quite popular for her services as she was recently featured on cnbc. She can work with anyone irrespective of where your located
Feels Great to see you guys talking about melisa pamela perez. Well, I'm not bothered with the fluentuaction in the Market is turning out, Melisa pamela perez got me covered too.
@@danieljeronimo940 This is a shocker seeing melisa pamela perez is being mentioned here. I always had mixed feelings about hiring a lnvestment advisor. For the record, I started working with melisa in 2019, and she manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but she made me accept that they have wealth of information on current conditions and future trends
This is the same guy that was engineering and was advising J Powell, to get the money printer out. This guy is too Finky 🤪
This guy is the leader in the background, controlling the entire housing market and now also the biggest landlord in Spain…unbelievable that one human can reach so much POWER…sad!
BlackRock is headed for hard times
Inflation and transitioning to renewables is killing the purchasing power of people on fixed incomes and he said it will go on for years.
How is Fink not in prison????
Look up his ethnicity and you’ll see why. Let’s call a special kind of “privilege” that keeps creeps like him out of jail.
When Larry talks about the demand being high and the supply being low for the fuel of such high inflation all I can think about is the hundreds of ships that sat off the coast of California and wondering why they were not being unloaded? Well now I know inflation didn’t just happen it was manufactured by the poor policy that he speaks of in this interview. In the name of holding the supply back.
♨️It is clear BTC has proved its use case during this uncertain time. We need more experts like Expert Mrs Alice, who educate people on the evolution of market
so people avoid common mistakes. So they don't walkout of the market feeling frustrated! Keep up the great work! Raised over 23.5 BTC when I started at 3.7 BTC in just few weeks implementing Mrs Alice daily trading signal and tips
Crypto is the future 💯
Investing in these economic crisis will be one of the best thing to do
I wanted to trade crypto but got confused by the fluctuations in price.
..
You're going to have to answer to G-D one day
*I wonder if Larry knows anything about the 77 food processing plants all "coincidentally" catching fire 🔥 and then completely burning to the ground all 77 just so far this year, an average of almost 1 every day of the week? 🙄*
I want for everyone to know that I am way more than a 100% behind this man. I like Fink! I trust him with everything. I am on Fink's side. My loyalty is with him. He is the best and all of you other people in the comments section are showing many signs of disloyalty.
So what investment is the best?
Explain
Everyone is going to starve to death but that is what you want right
Fear of inflation has hammered stock and bond prices, causing the financial markets to underperform the US economy.
I am continuing to Add to my portfolio. As Warren Buffet said "be brave when everyone else is fearful ". The stock market ALWAYS recovers, so hold for long term and have the stomach for the ride .
@@RobertgriffinneOf course the market must bounce back. You'll make a lot of money in the long term if you stay invested and ignore the market's ups and downs; but, a major market correction triggers a lot of margin calls and sell-offs, sending the market further lower. In a bull market, people become greedy, and it's nearly impossible to resist the urge to buy additional stocks with borrowed money or money they don't have.
@@marianparker7502This is exactly as I've been educated by my consultant, Stephanie Priscilla Bonillo. If people understand the market maneuvers like consultants/advisors do, a lot of people will make good money during panic times such as now.
@@wiebeplatt4749I was planning to sell off my growth stocks that haven't done well during this period but I guess I should hold and seek professional guide. Who's the advisor you work with? will love to reach out for a rescue.
@@Alejandracamacho357My consultant is Stephanie Priscilla Bonillo I found her on a BBC interview where she was featured and reached out to her afterward. She has since provided entry and exit points on the securities I focus on. You can look up Stephanie on your browser for her page from where you can reach. I follow her trade pattern and haven’t regretted doing so(4x my fifty-two thousand dollars in just 20weeks.
The largest financial fraud in history has confidence in the FED (which was wrong almost all of the time) doing the right thing, isn't exactly a bullish sign to me.
Larry Fink looks like Patrick from Spongebob
This is Pure evil whatever he said he is doing opposite more people on the street become homeless
Esg pushed too far, but clean energy is not available yet. So, we are now in the era of high energy price. Thankyou esg supporters, to make us buy gas 75% higher
Don't Look Up
Or is it the myopic focus on share price leading to corporate consolidation brittle supply chains/avoidance of investment in productive capacity leading to "Monopoly power/Market power" causing a distortion to inflation and accelerating the current economic situation?
"Something you raised, and that is inflation," Freudian slip?
Throwing the borders open to illegal immigration poisoned the well of good will for legal immigration.
Immigration policies aren't "good will" policies. We aren't doing anyone a favor by accepting immigrants into a country. Immigration is critical to sustainable growth in this country.
I pray everyone that sees this will become a millionaire in 5 years
Investing In crypto is The Fastest Way of becoming a millionaire
When you invest in crypto you are buying days you don't need to work
@@djeechizzy9818 Now is the best time to purchase and invest in bitcoin, stop procastinating
Investing in crypto is the most profitable investment due to its current rise, huge profits and future benefits.
stock is good but crypto is better..
He is just talking his book.
Notice how he slipped up saying that the policy shifts were to blame.
The 👃 moment is at 11:00
Absolute slime of a thing packaged nearly in a suit
More and more US States are divesting, thank God. ALL 50 should.
Only the Red States seem to get this! Here NY….. Clueless 📦
NO Larry, You are wrong !
This guy is a crook, I hope they go bankrupt!!!
When there are 1.7 available jobs for every unemployed American, immigration is actually deflationary, not inflationary.
In my POV this depends on the nature of immigration. If you only let cheap agricultural workers into the country, I would agree this is deflationary. If you let highly skilled people into the US, doctors, IT professionals etc. I assume this is highly inflationary as they can demand higher wages.
I think he is saying that the downtrend of immigration (less immigrants) is causing wage inflation. Less worker, higher wage you have to pay to get employees, so it is inflationary.
@@gybob100as if those companies need any more money 🙄 he only wants more immigrants because cheap labor.
Interesting discussion, Thank You
*"One more puppet of the system!"*
Fair value of oil is what people will pay for it. The same goes for bitcoin. The problem is you can live without bitcoin but not oil. It’s sad but our leaders somehow actually listen to this guy
You can actually live without oil too. It's just more expensive.
This guy is blaming immigrants for inflation despite the fact his companies received billions of dollars in subsidies.
and his company continues to buy every piece of housing property in raleigh nc until every home is owned by BlackRock. His greed has no bounds. His goal is for all people to be tenants. Globalist agenda. "You will own nothing and you will be happy in the USA." BlackRock and a small handful of companies want everyone as indentured debt slaves to the system.
@@laturista1000 This exactly what pissing me off. His real estate investment firms are swallowing single family housing from left to right all over the country to a point where it’s unaffordable for a family to buy a house.
Trillions*
No, he is saying precisely the opposite. He said, very clearly -- and with good economic sense -- that _reducing_ the number of immigrants has been inflationary. Makes sense, right? Reducing the availability of labor means that the price goes up, all other things being equal. So he's not "blaming immigrants for inflation" -- he's blaming _reductions_ in immigration for inflation. Which is the opposite of what you suggest.
Actually he said the exact opposite. He said the lack of immigrants is inflationary. i.e. He was implying that we need more immigrants to help bring down inflation.
I'm pulling my entire retirement portfolio out of blackrock very soon....done with these traitors to humanity
Good interview half truth
This guy needs to test his ESG portfolio the last 12 months vs. Energy and realize he is doing his investors a huge disservice. Milton Friedman would drop him like a rock even as a basic portfolio manager.
you are listening to a man who owns your house and commercial property
I'm very interested in knowing the reasoning for mic'ing up the airconditioner...
My man sounds a bit nervous there.
He knows the SHTF soon enough
God bless the USA..Jesus Christ 🙌🏽
Crooks talking small talk in front of you while they do something different behind doors. Meanwhile we put our money in their companies.!
Atlantic Islander is 100% correct. Well put.
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