Robert Kiyosaki, author of Rich Dad Poor Dad, says that inflation caused by the printing of money is forcing boomers out from retirement to look for jobs.
Kiyosaki said on social media platform X, that the baby boomers cannot rely solely on their 401k retirement payments to cover day-today expenses because of the dramatic rise in prices for goods and services during the last few years.
The author of Personal Finance says that the current situation has led many retirees to return to work.
They can’t afford to survive on their “nest egg.” ‘”
Kiyosaki suggests that Fed printing of “fake” money caused the inflation. He says this makes the wealthy richer, while the poor and middle class Americans get poorer.
Printing fake currency causes gold, silver and Bitcoin prices to increase.
The printing of fake currency also increases the price of food, fuel and entertainment.
This is why boomers are leaving retirement. They are surrounded by fake assets and money.
Do not be an ‘early life loser,’ by saving phony money or phony assets.
You can retire young, rich, and financially independent ….because of your real assets ….gold and silver.
Kiyosaki said recently that Bitcoin, silver and gold will “explode”, if interest rates are reduced by the Fed at its upcoming Federal Open Market Committee meeting (FOMC), scheduled on September 18th. The best-selling writer claims that Bitcoin (BTC), and precious metals, will be a big winner as “fake currency” will flee from “fake investments such as US Bonds.”
This is like people discussing which car is better: Ferrari or Lamborghini? It’s like asking people which car they prefer: Lamborghini or Ferrari ?”
Bitcoin was trading at $57,949 as of the time this article went to press, a decrease of over 1% from its previous 24 hour high.
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The post Robert Kiyosaki says ‘fake money’ is forcing boomers out of retirement, calls for saving in Bitcoin and real assets may be updated as new information becomes available.
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