Robert Kiyosaki Warns of US Financial Risks and CBDC Threats
17.07.2024 7:00 1 min. read Alexander Stefanov
Robert Kiyosaki, renowned investor and author of 'Rich Dad Poor Dad,' continues to voice stark criticisms of the US financial system.
In a recent episode of his podcast, he discussed profound concerns about the economy and the implications of central bank digital currencies (CBDCs).
Highlighting the bailout of Silicon Valley Bank (SVB) last year, Kiyosaki criticized banks for using clients’ funds to invest in risky assets, leading to collapses and subsequent bank runs. He referred to top figures in US banking as “banksters,” a term echoing concerns raised by other financial analysts.
Regarding CBDCs like Fedcoin and FedNow, Kiyosaki expressed Orwellian fears about privacy invasion, likening the potential tracking capabilities to George Orwell’s ‘1984.’ He warned that such technologies could enable pervasive monitoring of financial transactions, eroding personal privacy.
Questioning the safety of banks amidst ongoing financial instability, Kiyosaki condemned the Federal Deposit Insurance Corporation’s (FDIC) bailout practices as undermining capitalism. He described the current economic situation as a “big mess,” emphasizing the loss of public trust in financial institutions.
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