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Cryptocurrency News Articles
Robert Kiyosaki Warns U.S. Dollar Is Being “Wiped Out” by Global Financial Powers
Apr 14, 2025 at 01:01 pm
Robert Kiyosaki, the bestselling author of ”Rich Dad Poor Dad”, has issued a bold warning, claiming the U.S. dollar is being “wiped out” by global financial powers.
Robert Kiyosaki, renowned author of the bestselling book "Rich Dad Poor Dad," has issued a stark warning, asserting that the U.S. dollar is being swiftly "wiped out" by global financial powers. Taking to X, formerly Twitter, on Thursday, Kiyosaki made a urgent plea to invest in bitcoin, gold, and silver.
"Gold is at an all-time high, demand for silver is exploding, and bitcoin is roaring," he stated, noting that these price increases are signaling a broader financial system instability.
Kiyosaki expressed his concern over the actions of central banks, including the Federal Reserve, the Bank of Japan, and the European Central Bank, which he believes are eroding people's wealth. He described their efforts as a "premeditated disaster."
"Get out of the stock market, bond market, mutual funds. They are making a new financial system with no middle class, no retail investors—only a global banking cartel and the new rich who will lead the world," he added.
The author, known for his entrepreneurial advice, urged individuals to take charge of their finances and invest in assets that will outlast the government.
"Bitcoin is the people's money. Choose wisely. The new rich and new leaders of the world are being made today. Don't be a follower; be a leader. Now is the time to make your move," Kiyosaki urged his followers.
Furthermore, Kiyosaki expressed his disdain for the traditional education system, which he feels fails to adequately prepare people for the financial realities they will face in the real world, especially considering the burden of student loans.
"The poor and middle class are being wiped out by the global banking cartel and their complicit governments (e.g., Biden, Obama, Trump). The rich and powerful are making a new financial system and a new class of leaders to take over."
His message is a clear call to action, warning that it's not too late to take control of your wealth, but waiting could lead to the loss of everything.
However, it's important to note that while Kiyosaki's warnings are urgent, they should be approached with a critical mind. As an influencer with a large following, his words carry weight and can impact investment decisions.
It's crucial for individuals to conduct their own research, understand the risks involved in any investment, and make informed choices that align with their own financial goals and risk tolerance. As an influencer, Kiyosaki's advice can be seen as an opinion and should be taken into consideration in the broader context of market trends and economic analysis.
input: A bipartisan group of lawmakers is pushing legislation that would create a new class of federal bonds to help fund the Highway Trust Fund and keep critical infrastructure projects rolling.
The measure, which is set to be unveiled on Thursday, would authorize the Treasury Department to sell 50-year bonds to raise money for highway and transit programs. The bonds would be issued at a low interest rate and would be repaid over the course of a half century with interest collected from Treasury bonds.
"This bipartisan legislation will provide a long-term solution to fund our nation's infrastructure and keep critical highway and transit projects rolling," said Representative Sam Graves (R-MO), chairman of the House Transportation and Infrastructure Committee, who is introducing the bill with Representative Bill Pascrell Jr. (D-NJ), the ranking member of the committee.
The Highway Trust Fund, which supports federal highway, transit, and safety programs, is currently facing a shortfall as gasoline tax revenues, which are the primary source of the fund's income, have declined in recent years. The fund is expected to become fully depleted by early 2024 unless Congress intervenes.
The bill, named the "Highway and Transit Funding Act," would create a new class of bonds to be issued by the Treasury Department at a net interest rate of 1 percent per year. The bonds would be sold to the Federal Reserve, which would then provide the funds to the Highway Trust Fund for infrastructure investment.
The interest collected from the Treasury bonds would be used to repay the 50-year bonds over the course of a half century. Any remaining interest would be deposited into the Highway Trust Fund to support additional infrastructure projects.
"This legislation will provide much-needed stability to our nation's highway and transit programs, and it will ensure that we can continue investing in the infrastructure that connects our communities and grows our economy," Pascrell said.
The bill is likely to face some opposition from lawmakers who are concerned about the long-term implications of creating new classes of federal debt. However, the bipartisan support for the measure could help to smooth its passage through Congress.
The bill's introduction comes as President Biden has set a goal of investing $10 trillion in new infrastructure projects over the next 10 years. The administration has argued that these investments are necessary to modernize the U.S
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