Financial guru, and author of the book Rich Dad, Poor Dad, Robert Kiyosaki says that the Federal Reserve’s hiking of interest rates to fight inflation is going to cause the stock market to crash. Kiyosaki warned this week that there are “too many signs” to ignore.

In a tweet, Kiyosaki predicted that the stock market is going to crash in light of the Fed’s constant intervention in the inflation that they caused by creating fiat currency out of thin air.

I do not play the stock or bond markets. As an entrepreneur I like my hands on control too much. Yet too many signs point to a severe stock market crash. If your future depends on stocks and bonds please be careful, possibly ask for professional advice. Afraid depression coming.

— Robert Kiyosaki (@theRealKiyosaki) July 17, 2023

 

Kiyosaki, who predicted the collapse of Lehman Brothers in 2008, said he does not play the stock or bond markets himself, as he prefers “hands on control too much.”

“Yet too many signs point to a severe stock market crash… If your future depends on stocks and bonds please be careful, possibly ask for professional advice. Afraid depression coming,” he tweeted.

He did not detail why he expects stocks to plummet in his latest tweet. Earlier, however, he predicted that the US Federal Reserve would raise interest rates to rein in runaway prices, and warned that this, in turn, would cause stocks, bonds, real estate, and gold to crash.

He has so far been proven correct, as the country has faced its worst inflation in decades over the past several months, which prompted the Fed to implement a series of interest rate hikes. The rate is currently 5% to 5.25%, up from 0% in early 2022. -RT

In a tweet last week, Kiyosaki further claimed that the current growth in the stock market is not a sign of health, but the product of the suspension of the debt ceiling Washington passed last month to avoid a default.

WHY is stock market taking off? Because “Debt Ceiling” removed. Means national debt to rise with stock market. Rich get richer as America gets poorer. Sad. Sticking with real money & real assets: Gold, Silver, Bitcoin.

— Robert Kiyosaki (@theRealKiyosaki) July 14, 2023

“WHY is stock market taking off? Because ‘Debt Ceiling’ removed. Means national debt to rise with stock market. Rich get richer as America gets poorer. Sad. Sticking with real money & real assets: Gold, Silver, Bitcoin,” he tweeted on July 14th.

The ruling class appears to be poised to cause a major economic downturn so it can install the central bank digital currency (CBDC) it desperately needs to make sure the slave class remains permanently under its control.

The Endgame: Central Bank Digital Currency

The United States debt is now over $32 trillion, and according to a recent warning from the Congressional Budget Office (CBO), it will nearly double over the next three decades, jumping from this year’s estimate of 98% of GDP to 181% by 2053.