2024

United

Jerome Powell

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 <p class="paragraph">As he continues warning about the looming ‘everything crash’ he believes will engulf the United States and the rest of the world, renowned investor and author of the best-selling personal finance book <em>‘Rich Dad Poor Dad,’</em> Robert Kiyosaki, has made another worrisome comment.</p>
 <p class="paragraph">Specifically, Kiyosaki stated that inflation was “eating American families alive,” brushing off President Joe Biden’s economic policies as a “joke,” and arguing that the only product coming down in price was the illegal drug fentanyl, according to the X post the finance educator shared on April 9.</p>
 <p class="paragraph">Furthermore, the <em>‘Rich Dad Poor Dad’ </em>author threw more accusations in the President’s direction, pointing out that “when I was a kid, we called people like you ‘Pusher Man,’ not ‘President,’” referring to the popular term for a person involved in the sale of illegal narcotics and the current opioid epidemic in the US.</p>
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    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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    <p lang="en" dir="ltr">BIDENOMICS is a joke. INFLATION <a rel="noopener noreferrer nofollow" title="eating" href="https://thebittimes.com/tag/eating.html">eating</a> American <a rel="noopener noreferrer nofollow" title="families" href="https://thebittimes.com/tag/families.html">families</a> <a rel="noopener noreferrer nofollow" title="alive" href="https://thebittimes.com/tag/alive.html">alive</a>. The only product coming down in price is FENTANYL. Thankyou Mr. President. When I was a kid we called people like you “Pusher<br>Man” not “President”</p>— Robert Kiyosaki (@theRealKiyosaki) April 9, 2024
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 <p class="paragraph">Indeed, Kiyosaki seemed to also be alluding to the allegations coming from the Republican side of the US political spectrum that the Democrat President was slow to secure the country’s southern border, through which the potent synthetic drug was supposedly finding its way into the States.</p>
 <h2 class="wp-block-heading" id="h-robert-kiyosaki-inflation-is-winning">Robert Kiyosaki: Inflation is winning</h2>
 <p class="paragraph">As a reminder, a few days earlier, Kiyosaki highlighted that Federal Reserve Chairman Jerome Powell had “finally told the truth” and “admitted in<a rel="noopener noreferrer nofollow" title="flation" href="https://thebittimes.com/tag/flation.html">flation</a> is winning,” adding that the agency could “no longer promise in<a rel="noopener noreferrer nofollow" title="flation" href="https://thebittimes.com/tag/flation.html">flation</a> at 2% or that in<a rel="noopener noreferrer nofollow" title="flation" href="https://thebittimes.com/tag/flation.html">flation</a> is ‘transitory,’” as Finbold reported on April 4.</p>
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    <p lang="en" dir="ltr">Fed Chairman Powell finally told the truth. Last week he finally admitted in<a rel="noopener noreferrer nofollow" title="flation" href="https://thebittimes.com/tag/flation.html">flation</a> is winning. The Fed can no longer promise I <a rel="noopener noreferrer nofollow" title="flation" href="https://thebittimes.com/tag/flation.html">flation</a> at 2% or that in<a rel="noopener noreferrer nofollow" title="flation" href="https://thebittimes.com/tag/flation.html">flation</a> is “transitory.” Again he finally stopped lying. Congratulations.<br><br>The problem is most people have no idea what the…</p>— Robert Kiyosaki (@theRealKiyosaki) April 3, 2024
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 <p class="paragraph">Meanwhile, he warned that the US was “bankrupt” and that traditional financial products such as stocks and bonds were in a bubble, urging investors to take precautions to safeguard their wealth by diversifying into assets he considered safer, like precious metals, including gold and silver, as well as cryptocurrency Bitcoin (BTC).</p>
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    <p lang="en" dir="ltr">The EVERYTHING BUBBLE, stocks, bonds, real estate SET to CRASH. US debt increasing by $1 trillion every 90 days. US BANKRUPT. Save your self. Please buy more real gold, silver, Bitcoin.</p>— Robert Kiyosaki (@theRealKiyosaki) April 7, 2024
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 <p class="paragraph">Ultimately, Robert Kiyosaki may be on the right track in his troubling predictions, but the situation might not be as dire, at least according to the information recently shared by Gemini, the artificial intelligence (AI) tool by Google (NASDAQ: GOOGL), which suggests that “a complete collapse seems unlikely.”</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/r-kiyosaki-issues-stark-warning-inflation-is-eating-american-families-alive-tbt84904.html">https://thebittimes.com/r-kiyosaki-issues-stark-warning-inflation-is-eating-american-families-alive-tbt84904.html</a></p>

R. Kiyosaki issues stark warning: Inflation is ‘eating American families alive’

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