Kiyosaki tells it how it is

Robert Kiyosaki has gone to Twitter to warn his followers of the excesses of the banks, and advises gold and bitcoin.

Robert Kiyosaki, the author of Rich Dad Poor Dad, continues to tweet out on his Twitter account, giving his view that the Federal Reserve and the banks are not to be trusted.

Free speech

For such a well-respected and influential person to be able to make these kinds of remarks at least says something for the ability to have free speech in US society.

However, Kiyosaki was scathing of the owners of Fox News, who ‘released’ both Tucker Carlson and Dan Bongino from the news channel. According to Kiyosaki, both were voices for freedom.

Don’t cry for Tucker Carlson or Dan Bongino. They are rock stars who will become greater rock stars. They are the next Jordan Peterson,,,free human beings…empowered by our freedom of speech. Our freedom of speech is worth fighting for and dying for. God bless America.

— Robert Kiyosaki (@theRealKiyosaki) April 25, 2023

Banks

On the banks, and particularly the Federal Reserve, Kiyosaki was even more vociferous in his condemnation. He tweeted on how the Treasury and US government had decided to back any banks that were deemed to be “systemically important”.

He saw this as being totally detrimental to the smaller regional banks, and he suggested that they could be wiped out by the Fed.

By supporting only Big Banks like JP Morgan WTFed wipining out regional banks. Cruel. Regional banks heart and soul of America. Please support small banks and small businesses. Fed is criminal.

— Robert Kiyosaki (@theRealKiyosaki) April 27, 2023

Could Kiyosaki be right about this? Banks have become far fewer over the passing years. With the current Fed policy towards them, many more could go out of business, leading to a future monopoly of the last big 5 or 6 banks.

Bitcoin

On Bitcoin, Kiyosaki has never wavered, telling his followers to buy it, as well as gold and silver, in order to protect themselves from the terrifying times to come.

WHY I ❤️BITCOIN: Years ago I watched BC climb to $20k then drop to 0. I thought BC finished. Slowly watched BC climb to $6 k & I bought lots. WHY? Because people support BC not FED or Gov. BC did not need FED or Gov bailout because BC people’s money. BC to $100k. Long live BC.

— Robert Kiyosaki (@theRealKiyosaki) April 21, 2023

The famous entrepreneur says that Bitcoin does not need Fed bailouts because it is the “people’s money”, and he forecasts that the king of the cryptocurrencies is going to $100,000 this cycle.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.