Robert Kiyosaki Says Fed Rate Hikes Will Crash Stocks, Bonds, Real Estate, and US Dollar

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve’s continued complaint hikes volition clang stocks, bonds, existent estate, arsenic good arsenic the U.S. dollar. He expects the adjacent clang to beryllium the “$1 quadrillion derivatives market.”

Robert Kiyosaki connected Interest Rate Hikes, Market Crashes

The writer of Rich Dad Poor Dad, Robert Kiyosaki, reiterated his warnings of marketplace crashes and the information of the Federal Reserve raising involvement rates this week. Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Kiyosaki tweeted Thursday:

Raising involvement rates volition clang stocks, bonds, existent estate, & $ U.S. dollar. Next crash: $1 quadrillion derivatives market. $1 quadrillion is $1 1000 trillion.

The Federal Reserve raised involvement rates by 25 ground points (bps) connected Wednesday. While a fig of radical expect the Fed to start cutting rates soon, Fed Chair Jerome Powell said that rate cuts are not successful the Fed’s basal case.

This was not the archetypal clip Kiyosaki has warned astir stocks, bonds, existent estate, and the U.S. dollar crashing. Last week, the celebrated writer discussed a “crash landing ahead” arsenic slope bailouts began pursuing the illness of large banks, including Silicon Valley Bank and Signature Bank. He besides predicted the end of the U.S. dollar, calling the USD “fake money.”

The renowned writer besides precocious predicted that the satellite system is on the verge of collapse, expecting slope runs, frozen savings, and bail-ins. In February, helium said that everything volition crash. Earlier this year, helium said we are successful a global recession, informing of soaring bankruptcies, unemployment, and homelessness.

What bash you deliberation astir Rich Dad Poor Dad writer Robert Kiyosaki’s clang warnings? Let america cognize successful the comments conception below.

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