Pubblicato in: Banche Centrali, Devoluzione socialismo, Sistemi Economici, Stati Uniti

Fink, Ceo di BlackRock, ‘this is going to be a pretty big shock’. – Bloomberg

Giuseppe Sandro Mela.

2021-06-15.

Crack Up Boom 03

Un sintetico ripasso di chi sia Mr Fink e cosa rappresenti BlackRock.

Blackrock. Mr Fink, il vero padrone del mondo.

BlackRock rafforza il controllo della Exxon Mobil Corp.

BlackRock anticipa l’apertura cinese alla finanza occidentale. 3.4 trilioni in tre anni.

BlackRock (7.81tn Usd) continua ad espandersi in Cina, e vi porta i denari occidentali.

I tre giganti. I nuovi discreti padroni dell’Occidente. Nomi quasi ignoti.

Cina. I capitali internazionali acquistano bond cinesi in yuan.

BlackRock, Temasek Set Up China Asset-Management Joint Venture.

Warning! BlackRock guida la rivolta degli azionisti.

Exxon Mobil Corp e la Cina. Notizia non economica bensì politica.

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Mr Larry Fink è uomo taciturno e schivo, ben poco propenso a rilasciare interviste.

Data la persona ed i tempi attuai, ne proponiamo un estratto.

«BlackRock CEO Larry Fink sees potential for ‘Big Shock’ from inflation»

«Investors today not used to prolonged inflation, Fink says that Policy makers must weigh inflation against climate concerns»

«Chief Executive Officer Larry Fink said that investors may be underestimating the potential for a spike in inflation»

«Most people haven’t had a forty-plus year career, and they’ve only seen declining inflation over the last 30-plus years …. So this is going to be a pretty big shock»

«Concern about higher inflation has already seeped into U.S. markets with the cost of goods including lumber and steel rising this year»

«The U.S. Consumer Price Index touched a high of 14.8% in March 1980»

«central banks may have to reassess their policies if higher prices become a concern»

«President Joe Biden has proposed additional measures to stimulate the U.S. economy, including a $1.7 trillion infrastructure spending plan»

«That would be pretty odd, raising interest rates at the same time we do this giant fiscal stimulus»

«Prices may also rise as companies adapt to the realities of climate change»

«If our solution is entirely just to get a green world, we’re going to have much higher inflation, because we do not have the technology to do all this, yet»

«Are we going to be willing to accept more inflation if inflation is to accelerate our green footprint?»

* * * * * * *

Difficile non condividere codeste parole.

Un ‘Big Shock’ è sempre più probabile e la maggior parte della gente sarà colta impreparata, incredula.

E l’intero sistema liberal socialista occidentale potrebbe implodere, come a suo tempo fece la Unione Sovietica.

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BlackRock CEO Larry Fink Sees Potential for ‘Big Shock’ From Inflation

Investors today not used to prolonged inflation, Fink says

Policy makers must weigh inflation against climate concerns

*

BlackRock Inc. Chief Executive Officer Larry Fink said that investors may be underestimating the potential for a spike in inflation.

“Most people haven’t had a forty-plus year career, and they’ve only seen declining inflation over the last 30-plus years,” Fink said at a virtual event hosted by Deutsche Bank AG on Wednesday. “So this is going to be a pretty big shock.”

Concern about higher inflation has already seeped into U.S. markets with the cost of goods including lumber and steel rising this year. Fink began his career at First Boston Corp. in 1976, in a period of elevated inflation. The U.S. Consumer Price Index touched a high of 14.8% in March 1980.

Fink, who now runs the world’s biggest asset manager, added that central banks may have to reassess their policies if higher prices become a concern. The Federal Reserve has committed to keep rates near zero in the near term and has indicated it will tolerate inflation above its 2% target to make up for the period where it dipped below that level.

If the Fed were to reconsider that, it could seem discordant with separate fiscal stimulus, Fink said. President Joe Biden has proposed additional measures to stimulate the U.S. economy, including a $1.7 trillion infrastructure spending plan.

“That would be pretty odd, raising interest rates at the same time we do this giant fiscal stimulus,” Fink said.

Prices may also rise as companies adapt to the realities of climate change, he said. New York-based BlackRock has advocated for companies disclosing how they plan to adapt to a net zero greenhouse gas emissions economy by 2050.

“If our solution is entirely just to get a green world, we’re going to have much higher inflation, because we do not have the technology to do all this, yet,” Fink said. “That’s going to be a big policy issue going forward too: Are we going to be willing to accept more inflation if inflation is to accelerate our green footprint?”

Un pensiero riguardo “Fink, Ceo di BlackRock, ‘this is going to be a pretty big shock’. – Bloomberg

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