The future of America’s child boomers is under risk, alerts “Abundant Papa, Poor Papa” author Robert Kiyosaki
In a post on X recently, Kiyosaki anticipated an approaching homelessness crisis amongst this generation, associating the looming concern to the Federal Reserve’s policies.
As a child boomer himself, Kiyosaki suggested that the Federal Reserve’s practice of printing fiat currency is causing cost walkings, making life progressively challenging for the typical American.
He argued that this policy is disproportionately benefiting property owners, while leaving the bad and middle class in a stumble.
” Child Boom Retirements are going to be eliminated. Lots of boomers will be homeless or living in their kids basement. Unfortunate,” he stated.
Likewise Check Out: Robert Kiyosaki Warns of Dollar Collapse, Advises Financiers To Purchase Gold, Bitcoin and Ethereum
In spite of the bleak projection, Kiyosaki likewise shared his insights on properties that can endure inflation and cash printing. He has actually been a veteran supporter for gold, seeing it as a protect versus inflation.
He likewise holds the belief that property can work as a powerful hedge throughout inflationary durations.
Kiyosaki, who has actually been actively buying these properties, revealed that he owns cash cow and 1,500 rental homes. He advises others to think about buying income-generating property and to check out entrepreneurship as a way to protect their monetary future.
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