“This Is What They're Hiding About BlackRock” - Whitney Webb Latest Prediction
TLDRThe video script discusses the influence of debt barons like BlackRock on the global financial system, particularly in the context of the COVID-19 pandemic. It highlights BlackRock's role in shaping monetary policy and their strategic use of debt to increase profitability and control over assets worldwide. The script also delves into the concept of a 'Nature's economy,' where natural assets are financialized, potentially leading to the creation of new asset classes and expanding the financial system's reach. Concerns are raised about the potential for AI and trusted third parties to centralize control in a system marketed as decentralized, questioning the implications for accountability and the true nature of oversight in the emerging digital financial ecosystem.
Takeaways
- 🏢 BlackRock's significant role in the COVID monetary situation and their influence on the financial system.
- 💡 The 2019 Jackson Hole meeting where Mark Carney discussed the new financial system, aligning with BlackRock's strategies.
- 🌐 BlackRock's use of debt to increase profitability, power, and global ownership.
- 🌳 The concept of 'Nature's economy' and the commodification of natural assets by financial institutions like BlackRock.
- 🔄 The ambition to expand the financial system by integrating natural assets, potentially increasing the global asset pool significantly.
- 💰 The potential use of retirement funds to finance the privatization of energy and infrastructure in the global South.
- 🌱 Push towards a green model and decarbonization, with BlackRock positioning as a key player in infrastructure development.
- 🔗 The idea of a universal ledger on blockchain for tracking and managing natural assets, raising questions about surveillance and control.
- 🤖 The role of AI in risk management and the potential for increased surveillance and automation in the financial system.
- 🔄 The possibility of trusted third parties, potentially chosen by governments or international bodies, to have significant control in the new financial ecosystem.
- 🚨 Concerns about the potential for continued corruption and lack of accountability in the creation and management of new financial systems.
Q & A
What role did BlackRock play in the COVID monetary situation?
-BlackRock had a significant role in the COVID monetary situation, as they presented their 'going direct' paper at the 2019 Jackson Hole meeting, which outlined policies that were followed when the pandemic hit.
How does BlackRock utilize debt to increase its profitability and power?
-BlackRock uses debt to increase its profitability and power by acquiring and controlling assets around the world, thereby positioning themselves as a powerful entity in the financial system.
What is the 'Nature's economy' concept?
-The 'Nature's economy' concept refers to the idea of commodification of natural assets, such as forests and lakes, and integrating them into the financial system as tradable commodities, which could significantly expand the asset pool.
How does the intrinsic exchange group contribute to the 'Nature's economy'?
-The intrinsic exchange group, a product of the Rockefeller Foundation and the multilateral development banking system, is one of the early groups propelling the 'Nature's economy' forward by promoting the unlocking and financialization of natural assets.
What is the goal of Larry Fink and BlackRock in developing new asset classes?
-The goal of Larry Fink and BlackRock is to create new asset classes, particularly through the financialization of the natural world, in order to perpetuate their business model and maintain their control and influence over the financial system indefinitely.
How does the global carbon market fit into BlackRock's strategy?
-The global carbon market is a key part of BlackRock's strategy as it allows them to unlock new assets and create more collateral, expanding their control and influence in the financial system and perpetuating their existing models to unprecedented levels.
What is the role of AI and blockchain in the new financial governance system?
-AI and blockchain are expected to redefine risk management and introduce a universal ledger for tracking and surveillance of financial transactions. This could lead to increased control and potential manipulation by the entities that manage these systems.
Who might choose the trusted third parties in the new digital financial ecosystem?
-National governments or international bodies like the UN may choose the trusted third parties in the new digital financial ecosystem, allowing them to exert significant control over the system.
What concerns does Whitney Webb raise about the intersection of environmental stewardship and financial exploitation?
-Whitney Webb raises concerns that the financialization of the natural world could lead to exploitation under the guise of environmental stewardship, transforming living entities into tradable commodities and potentially diluting accountability and increasing control over the natural environment.
How does the 'Wizard of Oz' model apply to the use of AI in the new financial system?
-The 'Wizard of Oz' model suggests that AI could serve as an intermediary between the system's architects and the public, creating a layer of abstraction that might reduce accountability and increase control, as decisions are obscured behind the facade of AI's supposed impartiality.
Outlines
🏢 The Rise of Debt Barons and their Influence on Global Finance
This paragraph discusses the significant role of debt barons, particularly BlackRock, in shaping the global financial landscape, especially in the context of the COVID-19 monetary situation. It highlights BlackRock's influential position at the 2019 Jackson Hole meeting and the implementation of their 'Going Direct' paper, which served as a policy blueprint when the pandemic struck. The paragraph emphasizes how the control of debt has been central to the power and success of entities on Wall Street. It also introduces Whitney Webb's perspective on the strategic use of debt by financial titans to consolidate global dominance and the potential for using new asset classes, such as natural assets, to perpetuate their business models and control over the natural world.
🌿 The Commodification of Nature: A New Asset Class
The second paragraph delves into the concept of 'Nature's economy' and the tokenization of natural assets, as promoted by the Intrinsic Exchange Group, a product of the Rockefeller Foundation and the multilateral development banking system. It discusses the potential for unlocking a vast amount of new assets by integrating natural assets into the financial system, which could significantly expand the current global asset pool. The paragraph raises concerns about the intersection of environmental stewardship and financial exploitation, as well as the role of AI and blockchain in redefining risk management and creating a surveillance infrastructure under the guise of innovation and sustainability.
💼 Financialization of the Natural World: Implications and Critiques
This paragraph explores the process of financializing the natural world, where natural assets are identified and then fractionalized and sold as shares, generating substantial revenue through IPOs. It questions the premise of using this method as a means to 'save the planet' and instead suggests that it serves to perpetuate the debt-based financial system. The paragraph also discusses the potential for AI to play a significant role in the new digital financial ecosystem, with trusted third parties potentially selected by national governments or international bodies. It raises concerns about the potential for a lack of accountability and increased control in this system, where decisions may be obscured behind the facade of AI's impartiality.
Mindmap
Keywords
💡Debt Barons
💡Jackson Hole meeting
💡Financial System
💡Natural Assets
💡Blockchain
💡AI and Risk Management
💡Global Carbon Market
💡Financialization of Nature
💡Trusted Third Parties
💡Wizard of Oz Model
💡Digital Financial Ecosystem
Highlights
People building the financial system are often debt barons, such as BlackRock.
BlackRock played a significant role in the COVID monetary situation, following the 2019 Jackson Hole meeting and Mark Carney's discussion on the new financial system.
The going direct paper presented by BlackRock at the 2019 Jackson Hole meeting influenced the policies that were implemented when COVID hit.
Debt is used by financial giants like BlackRock to increase profitability, power, and ownership globally.
Controlling the most debt on Wall Street leads to being the most powerful and successful.
Whitney Webb exposes the role of debt barons in shaping the post-COVID financial landscape with strategies from the going direct paper.
Finance Titans are architects of a new era of economic control, using their mastery over debt as a strategic play for global dominance.
Larry Fink's ambition is to develop new asset classes, such as natural assets, to perpetuate the existing business model for millennia.
The intrinsic exchange group, a product of the Rockefeller Foundation, is propelling the concept of Nature's economy, which could be six times the size of the current global economy.
BlackRock aims to unlock and control as many natural assets as possible, expanding their control over the financial system and the natural world.
The goal is to have all financial assets on a universal ledger, such as blockchain, making them trackable and surveillable.
Risk management through AI and blockchain could lead to unprecedented control over financial assets.
There is a push towards a new financial governance system focused on green models and decarbonization.
BlackRock is positioning itself as a key player in the global infrastructure development, acquiring one of the largest infrastructure developers in the world.
There is an ambition to use retirement funds to finance the privatization of energy and infrastructure in the global South.
The commodification of the natural world is part of an ambitious plan to birth new asset classes and revolutionize the traditional business model.
The Nature's economy concept, powered by the intrinsic exchange group and championed by organizations like the Rockefeller Foundation, aims to integrate natural assets into the financial system.
The potential selection of trusted third parties by national governments or international bodies like the UN could lead to centralized control in the guise of decentralized systems.
AI is likely to play a significant role in the new digital financial system, acting as an intermediary between the system's architects and the public.
The Wizard of Oz model, where AI serves as a facade for decision-making, could dilute accountability and augment control in the digital finance era.