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.
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (58)
sorted by:
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!!!!