The Fed's Boss - Blackrock

Laurence D Fink, CEO of Blackrock

It’s called “Going Direct.” That’s the financial bailout plan designed and authored by former central bankers now on the payroll at BlackRock, an  investment manager of $7 trillion in stock and bond funds. The plan was rolled out in August 2019 at the G7 summit of central bankers in Jackson Hole, Wyoming – months before the public was aware of any financial crisis. One month later, on September 17, 2019, the U.S. Federal Reserve would begin an emergency repo loan bailout program, making hundreds of billions of dollars a week in loans by “going direct” to the trading houses on Wall Street.

The BlackRock plan calls for blurring the lines between government fiscal policy and central bank monetary policy – exactly what the U.S. Treasury and the Federal Reserve are doing today in the United States. BlackRock has now been hired by the Federal Reserve, the Bank of Canada, and Sweden’s central bank, Riksbank, to implement key features of the plan. Three of the authors of the BlackRock plan previously worked as central bankers in the U.S., Canada and Switzerland, respectively.

The authors wrote in the white paper that “in a downturn the only solution is for a more formal – and historically unusual – coordination of monetary and fiscal policy to provide effective stimulus.” https://wallstreetonparade.com/2020/06/blackrock-authored-the-bailout-plan-before-there-was-a-crisis-now-its-been-hired-by-three-central-banks-to-implement-the-plan/

This whole economic crisis we are in was carefully planned.  Part 1: The repo crisis of September 2019.  Part 2: The attempted impeachment of Trump.  Part 3:  The coronavirus pandemic.  Part 4:  The riots and looting.  

Read the plan at https://www.blackrock.com/corporate/literature/whitepaper/bii-macro-perspectives-august-2019.pdf .  Ok, it doesn't mention anything about repos, or impeachment, or coronavirus, or riots.  But it certainly was a plan on what central banks should do during the next crisis, which coincidentally started just one month later.

Blackrock has over $7 trillion in assets.  They are the boss of the Fed.  Meet your benevolent dictator, Laurence D Fink, CEO of Blackrock, the largest shadow bank in the world and the true president of the shadow United States.  Bill Gates is a billionaire, but this guy is a trillionaire.  Ok, his personal net worth isn't a trillion (it's only $1 billion), but he is in control of trillions.  He tells Jay Powell and Steve Mnuchin what to do.

See also: BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses; It’s Also the Sole Manager for $335 Billion of Federal Employees’ Retirement Funds