Robert Kiyosaki Warns of Economic Chaos, War Breaking Out, Gold Crashing

2 years ago

Robert Kiyosaki Warns of Economic Chaos, War Breaking Out, Gold Crashing

Rich Dad Poor Dad writer Robert Kiyosaki has warned of economical chaos, a warfare breaking out, hyperinflation, and rising starvation. Commenting connected de-dollarization connected a “massive scale,” helium stressed: “It’s a weaponization of our U.S. dollar against the satellite … It’s each coming down accelerated close now.”

Robert Kiyosaki connected De-Dollarization connected ‘Massive Scale’

The writer of Rich Dad Poor Dad, Robert Kiyosaki, is backmost with much dire predictions astir the U.S. economy, the dollar, and planetary economical chaos. 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. Over 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

During his Rich Dad vigor show, which aired past week, Kiyosaki discussed de-dollarization with Andy Schectman, CEO of Miles Franklin Precious Metals Investments.

Schectman began by highlighting caller events that led to what helium described arsenic “de-dollarization connected a monolithic scale,” including the meeting betwixt French President Emmanuel Macron and Chinese President Xi Jinping. “When our allies are breaking rank, it is going to velocity things up, I believe, tremendously,” helium emphasized.

Kiyosaki concurred, stating:

It’s a weaponization of our U.S. dollar against the satellite and the world’s pissed disconnected astir it close present … It’s each coming down accelerated close now. It’s going faster and faster.

The 2 proceeded to sermon the catalysts for the rising de-dollarization inclination crossed the globe. They see Saudi Arabia entering commercialized alliances with China, Russia, India, and Pakistan to measurement further distant from U.S. dollar reliance and China settling trades with Brazil successful section currencies. They besides mentioned the BRICS nations’ de-dollarization efforts and the economical bloc perchance launching a new currency. Several countries, specified arsenic Indonesia, are besides pursuing the BRICS’ pb and shifting distant from the U.S. dollar for commercialized settlements. The BRICS countries are Brazil, Russia, India, China, and South Africa.

Gresham’s Law and Triffin’s Dilemma ‘Violated’

“There are 2 basal laws that are violated,” the Rich Dad Poor Dad writer explained. “When Nixon, successful ‘71, took the dollar disconnected the golden standard, what happened was that helium violated Gresham’s Law, and Gresham’s Law says erstwhile atrocious wealth enters a system, bully wealth goes into hiding.”

Kiyosaki continued: “The 2nd instrumentality is Triffin’s Dilemma and that happened successful 1944. What happened successful 1944 astatine the Bretton Woods statement successful New Hampshire was the satellite said that we hold that the satellite volition commercialized successful U.S. dollars … but present the Bretton Woods statement is falling apart.”

The celebrated writer added: “Triffin’s Dilemma meant the U.S. had to proviso dollars to each cardinal slope passim the world, truthful we had to people astir apt quadrillions of dollars.” However, helium stressed that erstwhile the BRICS nations pack up against “the playground bully, the U.S.,” they say: “Take your dollars back.” Kiyosaki past warned:

When those dollars travel roaring backmost into America, we person a happening called hyperinflation, and each clip there’s hyperinflation, conjecture what happens, dictators originate and erstwhile dictators arise, the execution starts.

Schectman shared: “You volition aftermath up Monday greeting and it’ll be: ‘Oh my God, what conscionable happened.’ Because successful the mediate of the night, portion we were each sleeping, each of the OPEC members who are each connected the Belt and Road Initiative, they’ll basal arm-in-arm and say: ‘We’ve decided … we’re going to instrumentality the yuan until the caller BRICS currency is out.’ Whatever they say, those dollars volition commencement flooding location earlier we tin adjacent aftermath up and we’ll aftermath up to involvement rates spiking … and the full strategy successful chaos.”

Citing a video by Bridgewater Associates laminitis Ray Dalio explaining “the changing of satellite order,” Kiyosaki stressed:

Out of each this chaos … the dollar is going to travel backmost successful trillions — hyperinflation, warfare breaks out, starvation increases … I hatred to accidental this, and I anticipation I’m wrong, it’s the extremity of the American Empire. It happens each the clip and it doesn’t hap peacefully.

Meanwhile, Kiyosaki is readying to bargain much gold. He tweeted Monday: “Gold to crash. Steve Van Meter, whom I respect, predicts golden to clang to $1,000. He states markets are bushed of waiting for golden to spell higher. If golden drops to $1,000 I volition bargain more. I americium an investor, not a trader. To me, gold, silver, and bitcoin are existent money. To maine currency is trash.”

What bash you deliberation astir the informing by Rich Dad Poor Dad writer Robert Kiyosaki? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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