Robert Kiyosaki, author of the best-selling book “Rich Dad Poor Dad,” is calling out the Federal Reserve for causing inflation and forcing baby boomers back into the workforce.
Kiyosaki says the Fed’s “money printing” has made everyday expenses skyrocket, leaving retirees struggling to live off their savings. He claims that boomers are now forced to return to work because their nest eggs are “filled with fake assets and fake money.”
“Don’t be a ‘late in life loser’ saving fake money and fake assets,” Kiyosaki warns. “Be a young and rich retiree who is financially free…because you saved real assets…gold, silver, and Bitcoin.”
Kiyosaki believes that Bitcoin, gold, and silver will “explode” in value if the Fed lowers interest rates at its upcoming meeting. He argues that investors will flee “fake assets” like US bonds and invest in real assets like real estate, gold, silver, and Bitcoin.
“It really matters little which is better, gold or Bitcoin,” Kiyosaki says. “That would be like people discussing which car is better: Ferrari or Lamborghini?”
Kiyosaki’s comments come as Bitcoin is currently trading at $57,949, down over 1% in the last 24 hours.
While Kiyosaki’s views are controversial, his comments highlight the growing concerns about inflation and its impact on retirement planning.
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