Renowned author and financial educator Robert Kiyosaki has issued a grim warning about the devastating consequences of inflation on the American middle class.
In an interview with Vlad TV, Kiyosaki stated that the government’s push towards green energy policies and the rising cost of oil would ultimately lead to rampant inflation and potentially wipe out the middle class.
The author also criticized President Joe Biden’s decision to withdraw from Afghanistan, which he believes resulted in Saudi Arabia joining forces with Russia and driving up the price of oil.
Kiyosaki continues to advocate for investments in gold, silver, and Bitcoin as the ideal cushion against economic downturns. As the U.S. dollar faces the threat of losing its status as the global reserve currency, Kiyosaki has also cast doubt on its sustainability, stating that it may soon return as “a tidal wave of toilet paper on America.”