BlackRock CEO Promises Poor Millennials "Scarcity Inflation"
Apr 2, 2022 18:18:28 GMT -5
Post by OmegaMan on Apr 2, 2022 18:18:28 GMT -5
He's better enjoy his extravagant lifestyle while he can! A day is coming when he'd give every penny he ever had for a single drop of water. (Not that I'm a fan of "entitled" millennials...but I do care about the good, decent people who will be affected.)
Billionaire BlackRock CEO calls poor millennials “entitled,” promises them “scarcity inflation” (op-ed)
Saturday, April 02, 2022 by: Ethan Huff
Tags: billionaire, BlackRock, chaos, Collapse, economics, entitled, Inflation, material goods, millennials, risk, Rob Kapito, Royalty Owners Association, scarcity, scarcity inflation, Texas Independent Producers
This article may contain statements that reflect the opinion of the author
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(Natural News) The billionaire CEO of arguably the most predatory, money-grubbing, parasitical investment firm to ever exist claims that millennials are “entitled” and deserving of the “scarcity inflation” that the country is now suffering due to financial terrorism and other factors.
Rob Kapito of Blackrock, an entitled one-percenter, says he feels satisfaction that younger people who do not have even a fraction of the financial loot he has amassed for himself are no longer able to buy the things they need at the store due to inflation and shortages.
Editor’s note: This is an opinion article representing the views of the author. For the record, as the publisher, we believe there is an element of truth to what Kapito is saying. The millennial generation is, indeed, suffering under material entitlement, and they are all about to face a day of reckoning. But this delusion isn’t limited to millennials. All Americans have lived under “artificial entitlement” due to the petrodollar status that’s now collapsing.
“For the first time, this generation is going to go into a store and not be able to get what they want,” Kapito celebrated at a recent conference in Austin held by the Texas Independent Producers and Royalty Owners Association. “And we have a very entitled generation that has never had to sacrifice.”
Presumably one of the smirking rich folks who stood over the balcony in New York City back in 2008 toasting champagne while mocking the Occupy Wall Street protesters down below, Kapito says that millennials now need to “put on your seat belts” because of what is soon to come.
Continued at link
Billionaire BlackRock CEO calls poor millennials “entitled,” promises them “scarcity inflation” (op-ed)
Saturday, April 02, 2022 by: Ethan Huff
Tags: billionaire, BlackRock, chaos, Collapse, economics, entitled, Inflation, material goods, millennials, risk, Rob Kapito, Royalty Owners Association, scarcity, scarcity inflation, Texas Independent Producers
This article may contain statements that reflect the opinion of the author
Bypass censorship by sharing this link:
New
citizens.news/606943.html
(Natural News) The billionaire CEO of arguably the most predatory, money-grubbing, parasitical investment firm to ever exist claims that millennials are “entitled” and deserving of the “scarcity inflation” that the country is now suffering due to financial terrorism and other factors.
Rob Kapito of Blackrock, an entitled one-percenter, says he feels satisfaction that younger people who do not have even a fraction of the financial loot he has amassed for himself are no longer able to buy the things they need at the store due to inflation and shortages.
Editor’s note: This is an opinion article representing the views of the author. For the record, as the publisher, we believe there is an element of truth to what Kapito is saying. The millennial generation is, indeed, suffering under material entitlement, and they are all about to face a day of reckoning. But this delusion isn’t limited to millennials. All Americans have lived under “artificial entitlement” due to the petrodollar status that’s now collapsing.
“For the first time, this generation is going to go into a store and not be able to get what they want,” Kapito celebrated at a recent conference in Austin held by the Texas Independent Producers and Royalty Owners Association. “And we have a very entitled generation that has never had to sacrifice.”
Presumably one of the smirking rich folks who stood over the balcony in New York City back in 2008 toasting champagne while mocking the Occupy Wall Street protesters down below, Kapito says that millennials now need to “put on your seat belts” because of what is soon to come.
Continued at link