BlackRock's Fink: Inflation Will Be Sticky, But That'll 'Help' Since Wages Are Rising, Food 'Moderated' -- It Was Bad Before
"BlackRock CEO Larry Fink said that he thinks "we're going to have higher inflation than most people believe, and much of that is going to help those people who are worried." | Clips
Nothing new here. All the same old garbage "Keynesian economics". You can bamboozle people with abstract theory, but you cant argue with people who are hurting in real life because of these frauds. So good luck to these charlatons. I hope the mob that comes after them are kind and generous.
His parents should have chosen Rat for his first name.
Rat is implied whoever this asshat shows up.
Everytime I see his name Rat Fink comes up for me also.
"... kind and generous." Yes of course, the feathers will be from non-GMO chickens & the Tar will be refined to remove impurities. ;-)
During an interview aired on Tuesday’s broadcast of CNBC’s “Mad Money,” BlackRock CEO Larry Fink said that he thinks “we’re going to have higher inflation than most people believe, and much of that is going to help those people who are worried. Wage inflation is continuing. Food inflation has moderated in the last six to 12 months.” But we failed to account for how bad it was in late 2022 and early 2023.
He must have been dizzy from all that spinning. Can you really trust a Fink ?
I thought inflation was transitory? And how does inflation help the people that are hurting?
This guy runs a 10 trillion $ finance company? When does the pain stop?
They are all running a scam.
The pain stops when this Fink and others like him are held accountable and feel real pain.
I don’t know. If bitcoin runs…. Blackrock will be wealthier.
This IDIOT FINK has been smokin' way too much on the HOPEM pipe to make any difference...Blackrock is one of the companies that wants CBDC....'nough said!!!
Fink is well aware he is full of it.