Rick Dad Poor Dad Authors Condemns Fed Rate Hike

March 25, 2023

Robert Kiyosaki took to Twitter to condemn the Fed rate hike and says how FED’s Powell has F’ed everyone.

US Federal Reserve hiked key interest rates by a quarter of a percentage point.

Kiyosaki is of the view that rising interest rates will crash stocks, bonds, real estate, and the US dollar. 

He predicts the upcoming danger in the market as- "NEXT CRASH: $ 1 quadrillion derivatives market. $ 1 quadrillion is $1 thousand trillion."

Earlier on Wednesday, despite hike in rates, FOMC said the US banking system is sound and resilient.

A Twitter user added a meme to express solidarity with his concern.

Twitter

Calling for God's mercy, he laments that WEF Chairperson Klaus Schwab owns Powell, Yellin, & Biden’s souls.