BREAKDOWN: How BlackRock Ended Up on Both Sides of the Bailout, Feat. Meltem Demirors

BREAKDOWN: How BlackRock Ended Up on Both Sides of the Bailout, Feat. Meltem Demirors

The Senate passed $2T in Stimulus. That includes a one time $1,200 check to impacted individuals and….you guessed it, billions and billions for corporate relief. Included in that are hundreds of billions of dollars in corporate bond buying programs. The Federal Reserve has recruited asset management giant BlackRock to administer three of those programs. Here’s the kicker. As Bloomberg describes it: “under the arrangement [BlackRock] could buy some of its own funds on behalf of the central bank.” Outrage is running rampant, and to help listeners sort through it, @NLW is joined by Meltem Demirors, Chief Strategy Officer at CoinShares. In this conversation, they discuss: The government mechanics behind the “money printer go brrr” meme The unfathomable failure of US intelligence in seeing the pandemic coming The deficit of leadership across the political spectrum What Blackrock means and why “they’re not even pretending anymore” Why Twitter memes on their own can’t change the world Why bitcoin can and should be a gateway and tool for evangelizing more systemic change See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episoder(3972)

Powell Has 'No Choice' But to Stay at Fed as Governor | CoinDesk Daily

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MoonPay's newest acquisition and the launch of MoonPay Institutional. Just announced, MoonPay is acquiring Sodot and launching MoonPay Institutional, a new division bringing professional-grade crypt...

29 Apr 13min

Robinhood's Crypto Revenue Tanks 47%, Gap Filled by Prediction Markets | CoinDesk Daily

Robinhood's Crypto Revenue Tanks 47%, Gap Filled by Prediction Markets | CoinDesk Daily

Robinhood's crypto revenue fell 47% in the quarter. Robinhood missed earnings after crypto trading revenue fell 47% to $134 million in Q1. But event contracts surged 320% to $147 million as users tra...

29 Apr 1min

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28 Apr 28min

Is Crypto Market Structure Bill Running Out of Time? | CoinDesk Daily

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Will the CLARITY Act advance before the midterms? The crypto market structure bill has not made much public movement in a month even though Memorial Day has been the informal deadline for legislation...

28 Apr 1min

Bitcoin ETFs Are Pulling in Hundreds of Millions; Can BTC Reach $100K by Year-End?

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27 Apr 31min

2026 Hard Fork Proposal Sparks Outrage Over Use of Satoshi's BTC | CoinDesk Daily

2026 Hard Fork Proposal Sparks Outrage Over Use of Satoshi's BTC | CoinDesk Daily

A 2026 hard fork proposal wants to reassign Satoshi's Bitcoin. Bitcoin developer Paul Sztorc is planning a hard fork called eCash that would give BTC holders equivalent tokens, but the funding plan i...

27 Apr 1min

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