'The reality is, we've seen this. Inflation is going to be fixed over time,' the BlackRock CEO said.
The economic headwinds currently roiling the U.S. economy are fixable in the long-run, meaning investors can afford to relax a bit, BlackRock CEO Larry Fink told CNBC's Jim Cramer on Wednesday.
The economic headwinds currently roiling the U.S. economy are fixable in the long-run, meaning investors can afford to relax a bit,"A really famous person called me up, panicking, 'what should I do, I've got to get out, I can't stand it, I can't stand it.' And I said, 'go on vacation,'" Fink said in an interview on ""If you really can't stand it, then sell it. … But the reality is, we've seen this.
When Cramer asked whether persistent inflation, the Fed's rate increases and the Russia-Ukraine war is a threat to the overall health of the U.S. economy, Fink said that the headwinds are "business as usual" for long-term investors.
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