The Federal Reserve hired BlackRock, which manages $7 trillion in assets, to run a portion of their quantitative easing program. This is a glaring conflict of interest. Not only is BlackRock paid $8 million per year to run this scam, BlackRock could buy its own bonds out.
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There is a FB meme right now that states that if the entire net worth of the top 100 wealthiest people in the U.S. were to be seized by the government, it would only fund the government for 8 months!
Yep that is true. Sometime in the past couple years somebody produced a really well done little clip that illustrated that as well.
To be honest I think at the time they said that even if the US Gov seized all of the wealth of the top 1% in America, it would only fund the government for six months not even 8!!!!