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Kiyosaki tweeted Thursday that the Federal Reserve and President Joe Biden are “pushing fake inflation,” adding:

"Crash and depression coming. Gold, silver, bitcoin, real estate will crash too. Ready to buy more gold, silver, bitcoin, real estate after crash has crashed. Time to get richer after fake inflation crashes."

The best-selling author also made a prediction last week about the Biden administration. “Biden to step down soon,” he predicted. “Kamala [Harris] will become [the] first female president. This was [the] plan all along. Trump ruined Hillary’s ascension following Obama.”

Kiyosaki tweeted Thursday that the Federal Reserve and President Joe Biden are “pushing fake inflation,” adding: "Crash and depression coming. Gold, silver, bitcoin, real estate will crash too. Ready to buy more gold, silver, bitcoin, real estate after crash has crashed. Time to get richer after fake inflation crashes." The best-selling author also made a prediction last week about the Biden administration. “Biden to step down soon,” he predicted. “Kamala [Harris] will become [the] first female president. This was [the] plan all along. Trump ruined Hillary’s ascension following Obama.”

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[–] • 2 pts

Imagine listening to this fucking retard. He never made any money outside selling books. The only thing he's qualified to predict is how many books you can sell to retards by claiming to be rich and ghost writing a book full of generic useless advice.

[+] [deleted] • 1 pt
[–] • 2 pts

What happened to his metal predictions from before? This is the guy saying silver would have a tremendous run.

[–] • 1 pt

OTOH, investments in blued steel and lead seem to be doing just fine.

[–] • 2 pts

This guy writes like a moron.

[–] • 2 pts

Rich dad poor dad Kiyosaki is alergic to thinking in terms of net worth and only cares about cashflows. He's against stores of value in general and is upset that people who think in terms of multiplying networth do better than people who think about cash-flow today. He's stuck on his stupid thesis and has to call all else sour grapes.

[–] [deleted] • 2 pts

He literally says the secret to his wealth is debt, debt, and more debt. And is quite proud of it too.

That said, we are headed imminently for times that will make the great depression look like a cake walk.

[–] • 0 pt

Yeah, and his homes that he's landlording as leveraged as he possibly can to get as much cashflow per investment will all drop in value faster than gold ever will in a depression. And he'll be holding the bag.

He'll wish he had adopted maximizing bottom projection of future net worth instead of I need cash cash cash today!!

[–] • 0 pt

Yes it will . I am glad I live by a river with plenty of fish, and a place to grow food . Also harvest wild animals if it comes to that .

[–] [deleted] • 2 pts

During the depression, wild game was almost wiped out within the first winter.

[–] • 1 pt

Right, I don't believe him about gold crashing, necessarily. I'll take my chances with the PM's (a real store of value).

[–] • 0 pt

You need to know kid that roberts ways are the banks way.

Wealth isn't about money. That's a child view. The win lottery go broke way.

Wealth comes from ppl. Using useless money Robert ends up in ownership of what ppl need and in exchange they keep him a percentage of their income.

That way inflation has no impact upon banks or Robert. They do a fuk what the price of gold or stocks are today vs. Tomorrow.

Only that they get 10% of x number of humans income.

That's not just wealth. It's power

[–] • 1 pt

So what I got from that is that he keeps contradicting himself a few months later. So what's the next safe investment? No fiat shit dollar, no Bitcoin, no real estate, no precious metals, so... What then?

[–] • 1 pt

Exactly, watch him be wrong on several things. Like gold.

[–] • 1 pt

He looks like Lewis Black's gay lover.Fuck him.

[–] • 1 pt

well, they aren't building many houses these days and we got 2 million new illegals . housing is in short supply. panic porn

[–] • 0 pt

Uhhh, they are building here like there is no tomorrow. If course, what they're building is your 100 sq ft LUXURY apartments, kinda like the ones you see in china.

[–] • 0 pt

I don't like the pod apartments where there's one small common apartment living room and kitchen area and 4 small attached bedrooms (each room has their own bathroom). You'd get thrown together with 3 strangers of not your choice to share living space with.

[–] • 0 pt

Not in my neck of the woods,

[–] [deleted] • 0 pt

He's wrong. There will be a crash, and housing prices will plummet. But the major corporations and major investors sitting on hundreds of millions (or more) in cash will swoop in and buy all the real estate. It will be a massive transfer of wealth and property ownership to a small contingency, who will never let it go. It will be a major shift in the outlook of the country.

[–] • 1 pt

Uhh yea, it's called private ownership is history.

[–] • 0 pt

in 08 the crash tanked metals because all the buyers in manufacturing halted all orders. within a year it went from 50/oz to 11/oz

[+] [deleted] • 0 pt
[–] • 0 pt

He is a jew in a Jap body, and not the financial genius he claims to be

[–] • 0 pt

I feel like he browses poal.

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