Kiyosaki said that the increase in inflation has become a serious problem that is becoming more and more serious, which is why he predicted that the recession in the United States is approaching. “40% of Americans don’t have a thousand dollars. So when inflation goes up we’re going to wipe out 50% of the American population, and that’s when the revolution starts,” he said.
In turn, he questioned: “The United States does not produce anything anymore. We produce bubbles. We only make air bubbles, so now we have this bubble in real estate, stocks and bonds. Then, when Biden removed the Keystone XL pipeline, That brought us down.”
“When Biden pulled America out of the pipeline, oil prices went up. Oil makes fertilizer, and when fertilizer stops being cheap, people can’t grow food, and the average American has nothing.”said.
“40% of Americans have nothing, inflation is going to make them very upset. A stock market crash will bring down the baby boomers, so we’re in serious, serious trouble,” he stressed.
The author recently predicted the end of the dollar and recommended betting on other investments. On his social network he wrote: “BITCOIN and WAR. IBD Investors Business Daily reports that many Russians use Bitcoin as a lifeline after the collapse of the ruble. 13% of Ukrainians, 12% of Russians, 8% of Americans own crypto. The war between Ukraine and Russia gave rise to cryptocurrencies as a safer haven than fake government fiat money.”
Likewise, Kiyosaki also tweeted that the Biden administration and the Federal Reserve “They want inflation to pay off trillions of debt,” and again advised that the best investment may be in stocking products you’ll always use.
Source: Ambito
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