Renowned Author Sounds the Alarm on Global Banking
Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, has sparked debate with his sharp commentary on the global financial system. In a recent post, he referred to the system as Heads I win, tails you lose, alleging that bankers benefit regardless of market direction.
Understanding the REAL GAME
Kiyosaki claims that the true dynamic of the system can be summed up as Heads I win, tails you lose, where bankers control global cash flow and always come out on top. He argues that the system is rigged in favor of financial institutions, where heads bankers win, tails bankers win... but you lose.
The Problem with the Current System
Kiyosaki asserts that this translates to a broader systemic issue: Privatize our wins…socialize our losses. When banks succeed, they retain the profits, but in times of crisis, the losses are passed onto taxpayers. He cites the 2008 Global Financial Crisis as an example, where the public covered their loss via an increase in taxes.
Alternative Assets: A Way Out
Rejecting the current financial system, Kiyosaki advocates for ownership of tangible assets outside the banking system, such as gold, silver, Bitcoin, and Ethereum. He emphasizes the importance of decentralized assets and wealth building strategies to achieve financial freedom.
- Gold and silver as precious metal assets
- Bitcoin and Ethereum as decentralized assets
- Tax-Free Wealth by Tom Wheelwright as a resource for reducing tax liabilities
A Call to Action
Kiyosaki ends his post with a cautionary note to his followers: Don't be a loser. Get smarter with your money. Take care. He encourages readers to take control of their financial lives and make informed decisions about their wealth.
As a vocal critic of centralized financial institutions and fiat currency, Kiyosaki promotes self-education, asset diversification, and long-term wealth building strategies to achieve financial freedom. His message serves as a reminder to stay informed and adapt to the ever-changing global financial landscape.