What can BlackRock do? Cut off their access to bond markets? Other firms will do their issues for them in that case. Market players in competitive markets don't have power without coordination and they can't coordinate without state power.
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Great, you've gotten to exactly my point. As the economy zombifies more and more and finance depends more and more on keeping its status with the authorities who control the federal money printer there will be more and more wokeness because that's what the money printers want.
End of conversation
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