An inevitable financial collapse? Rich Dad Poor Dad author Robert Kiyosaki reveals why he buys Gold, Silver and Bitcoin
Renowned financial educator and author of Rich Dad Poor Dad, Robert Kiyosaki, has sounded another warning bell for investors and citizens alike — this time drawing inspiration from Lawrence Lepard's latest book 'The Big Print', which he recently began reading.
ADVERTISEMENT Kiyosaki, who has long advocated for gold, silver, and Bitcoin as protection against what he calls" a broken money system," shared several provocative quotes from Lepard's book, suggesting the two share a similar worldview.
"The system has been set up and controlled by a so-called elite group of financial (and government) people who don't care about you or your well-being," Kiyosaki quoted from Lepard's book. "They have tilted the game board in their favor."
He pointed to the deepening wealth inequality and rising societal unrest, which Lepard attributes to fundamental flaws in the monetary system. "The system is broken because our money is broken," the book says — a view Kiyosaki has echoed for years in his writings and public appearances.One quote particularly struck a chord: "What we now have is rugged capitalism for individuals… but socialism for the rich and powerful." According to Lepard, this imbalance gives undue power to the government and institutional elites, often resulting in poor policies — from bailouts to endless wars — that come at the cost of everyday people.Lepard, like Kiyosaki, urges readers to turn to hard assets like gold, silver, and Bitcoin as shields against financial instability. The book draws on historical cycles — specifically The Fourth Turning, a bestselling book that highlights how societies go through repeated cycles of crisis and rebirth every 80 years.
ADVERTISEMENT According to this theory, we are now in the midst of a "fourth turning," similar to previous periods that sparked the American Revolution, the Civil War, and the Great Depression."All fourth turns culminate in a resolution that fundamentally reshapes the rules and structure of society," Lepard writes. Kiyosaki highlighted the urgency in his post, urging followers to "be prepared rather than join the panic."
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