Robert Kiyosaki issues grim warning: Baby boomers could be ‘wiped out’ and homeless ‘all over.’ How to protect yourself

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America’s babe boomers are often seen arsenic the fortunate ones — the procreation that bought homes earlier prices soared, rode decades of banal marketplace maturation and built their careers successful a little cutthroat occupation marketplace than what galore look today. But according to “Rich Dad, Poor Dad” writer Robert Kiyosaki, those aureate years whitethorn not beryllium truthful aureate aft all.

In a caller quality connected The Iced Coffee Hour podcast, Kiyosaki issued a blunt warning: America’s boomers volition look a question of homelessness — and he’s placing the blasted squarely connected 1 instauration (1).

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“The crushed we person homelessness contiguous is due to the fact that we person a Federal Reserve slope — it’s a transgression organization,” helium said. “Look however homelessness is exploding. People can’t spend homes.”

Kiyosaki argued that by printing fiat currency, the Federal Reserve fuels terms increases that marque mundane beingness harder for mean Americans.

“When you people fake money, which this worldly is, you marque beingness harder connected people,” helium said, holding up 2 U.S. dollar bills.

He went connected to explicate that wealth printing disproportionately benefits plus owners astatine the disbursal of the mediocre and mediate class.

“So if you ain a location and you people money, you feel, oh, the terms of my location went up. But the mean idiosyncratic sees the terms of chickenhearted and eggs and yogurt goes up and — and ostentation wipes them out.”

After quality broke that the Department of Justice had opened a transgression probe into the Federal Reserve’s $2.5 cardinal office renovation, helium posted connected X: “Yay: it’s astir clip (2).”

Calling Powell a “criminal counterfeiter,” Kiyosaki argued that the Federal Reserve’s policies are “Marxist” due to the fact that it’s a centralized bank.

“The instauration of the Fed successful 1913 and brought with it the 16th Amendment …. a.k.a. Income tax,” helium claimed connected an X station connected Jan. 12.

“Up until the instauration of the Fed, America was a taxation escaped nation. America was founded connected a taxation revolt known arsenic the Boston Tea Party successful 1773. Then came the Fed successful 1913,” helium added.