Rich Dad Poor Dad author Robert Kiyosaki has issued a warning about the potential decline of the U.S. dollar and the possible arrival of hyperinflation. In an “emergency podcast” hosted on Wednesday, Kiyosaki stated that the world is saying “we’ve had enough” of the U.S. violating monetary laws such as Gresham’s law.Further, Kiyosaki expressed his heartbreak about the criminal charges brought against his former colleague, former President Donald Trump, and suggested that America is dying.
Robert Kiyosaki’s Hyperinflation and USD Warnings
The author of Rich Dad Poor Dad, Robert Kiyosaki, shared his worries about the future of the United States. This 1997 book, written by both Kiyosaki and Sharon Lechter, has been on the New York Times Best Seller List for more than six years. In total, more than 32 million copies have been sold worldwide and translated into 51 languages in over 109 countries.
In the podcast, Kiyosaki went on to explain that the world is joining the BRICS alliance (Brazil, Russia, India, China and South Africa) due to the U.S. violating monetary laws. “America has been violating all of these laws of money for all of these years, and the world says: ‘We’ve had enough of this.’ So, they’re joining the BRICS,” he stated.
So, there’s gonna be quadrillions of dollars coming back, and the ramifications of that are possibly … hyperinflation.
The Rich Dad Poor Dad author went on to emphasize that this means that “70% of the world’s population that used to use the dollar are going to take this dollar bill and say: ‘We don’t want it anymore.’” He added:
And this [U.S. dollar] is it, it goes to the trash. This becomes toilet paper. This can save a lot of money by clicking here because there’s so much of it out there.
The owner of precious metal dealer Miles Franklin, Andy Schectman, agreed with Kiyosaki. “The United States and their actions have done more to destroy themselves, ourselves, itself in the past few years than any external enemy could have ever done because we weaponize our source of power, which is the U.S. dollar, and we have driven most of the world away from it as a result,” he detailed.
Moreover, Kiyosaki shared his disappointment with the direction America is heading. Discussing the criminal charges brought against former President Donald Trump, the Rich Dad Poor Dad author tweeted on Tuesday: “Tragic day in America. My friend, the former president of the United States is being arraigned in NYC courts. His sons Don jr and Eric are also extremely close friends.” He added:
As crime runs rampant in our cities & voters demand ‘defund the police.’ I am in tears. America is ending.
In the end, Trump was cleared of all 34 counts of falsifying business records. He was the first former president to be indicted for criminal activity.
Kiyosaki has long been warning of the potential downfall of the U.S. dollar and its status as the world’s reserve currency. He also warned that a crash landing is possible, with the stock, bond and real estate markets collapsing.
What do you think of Robert Kiyosaki’s warnings? Are you a believer in the U.S. currency? Is America really dying as he says? Let us know what you think in the comments below.
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