Larry Fink, 11.5Trillion AUM Firm on BTC and Dollar (Patreon)
Published:
2025-03-31 16:41:16
Imported:
2026-06
haven't archived this post yet. have a subscription? use the importer!
Content
Pretty stark warning...
Larry Fink, as the CEO of BlackRock, might frame this as a dire warning because the U.S. dollar's status as the world's reserve currency is a cornerstone of American economic dominance, providing benefits like lower borrowing costs and global financial influence. The image highlights the U.S.'s escalating national debt, which has outpaced GDP growth since 1989, with interest payments projected to hit $952 billion this year—outstripping defense spending—and potentially consuming all federal revenue by 2030. This unsustainable debt trajectory, if unchecked, could erode confidence in the dollar, especially as digital assets like Bitcoin gain traction as alternative stores of value.
Files
Previews only