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Highlights
- In a bold statement, Robert Kiyosaki labeled the Fed as a "criminal organization."
- He even blamed the body for causing economic inequality.
- Kiyosaki reiterated his support for Bitcoin, gold, and silver.
Renowned investor and author Robert Kiyosaki has sparked controversy with his recent declaration that the Federal Reserve is a “criminal organization.” Expressing strong criticism, Kiyosaki noted that trusting Bitcoin (BTC), gold, and silver is better than having faith in the Fed.
Robert Kiyosaki Slams The Federal Reserve
Kiyosaki holds the Federal Reserve responsible for economic turmoil. In a bold statement, the ‘Rich Dad Poor Dad’ author criticized the Fed for fostering wealth inequality. Moreover, he emphasized that the Fed is accountable for impoverishing the middle and lower classes and favoring wealthy banking elites through its policies.
Sick and tired of hearing “experts” ask “What is the Fed doing?” The Fed is the problem. The Fed is a criminal organization. The Fed has destroyed the economy, made the poor and middle class poorer, and bailed out their rich banking friends.
Wake up. Pay less attention to…— Robert Kiyosaki (@theRealKiyosaki) February 15, 2024
Furthermore, Kiyosaki urged the public to scrutinize the actions of the Federal Reserve rather than blindly following its directives. In addition, he expressed support for alternative stores of value such as gold, silver, and Bitcoin. He has repeatedly emphasized the reliability of these assets, especially Bitcoin compared to traditional fiat currencies controlled by central banks.
Moreover, while concluding a post on X, Kiyosaki reiterated that he believes the Fed is a “criminal organization.” This strong stance against the Fed has drawn attention from both supporters and critics. Some have been applauding Kiyosaki’s call for financial autonomy, while others question the validity of his claims against the Federal Reserve.
Also Read: Bitcoin ETF’s $4.1 Bln Inflow Sparks Concern Over Gold Price Dip To $1.2K
Rich Dad Author Expresses Resentment Toward Jerome Powell & Janet Yellen
Earlier, Kiyosaki once again took aim at conventional finance, delivering scathing critiques of key figures including Federal Reserve Chairman Jerome Powell, Treasury Secretary Janet Yellen, and Wall Street bankers. Notably, he reaffirmed his allegiance to Bitcoin, positioning it as his weapon of choice in this ongoing financial battle.
Meanwhile, the renowned advocate for the largest crypto repeatedly defends his stance, asserting that Bitcoin stands as the ultimate defense against the erosion of wealth caused by inflation, taxation, and manipulations within the stock market.
In a post on the X platform, Kiyosaki outlined his unwavering support for Bitcoin and emphasized its role as a safeguard against the devaluation of our wealth through currency debasement. He articulated, “Bitcoin serves as a shield against the plundering of our wealth through our monetary system.”
While lauding Bitcoin’s potential as a more secure asset, he slammed Fed Chair Jerome Powell, Janet Yellen, and Wall Street financiers for perpetuating wealth extraction through practices such as inflation, taxation, and manipulation of stock prices. Furthermore, Kiyosaki boldly differentiated his financial approach from traditional investments, stating, “That is precisely why I opt to save and invest in Bitcoin, rather than stocks, bonds, and fiat currencies.”
Also Read: How Bitcoin Price 35% Monthly Surge Will Trickle Capital Down To Large And Low-Cap Altcoins
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