Read more: Grow your hard-earned cash without the shaky stock market with these 3 easy alternatives The author also criticizes President Joe Biden’s decision to halt the Keystone XL oil pipeline, which he believes is a major reason energy prices are so high. “America has stopped producing products, we produce bubbles,” he says, adding that we now have bubbles in the real estate market, the stock market and the bond market. Kiyosaki isn’t exactly pleased with the current state of the U.S. Mitt Romney says a billionaire tax will trigger demand for these two assets - get in now before the super-rich swarm Want to invest your spare change but don't know where to start? There's an app for that You could be the landlord of Walmart, Whole Foods and Kroger (and collect fat grocery store-anchored income on a quarterly basis) Let’s take a closer look at what Kiyosaki means by that. population,” he told Stansberry Research earlier this month. “When inflation goes up, we’re going to wipe out 50% of the U.S. And Rich Dad, Poor Dad author Robert Kiyosaki is one of the latest experts to sound the alarm.

It’s a vicious cycle criticized by many investing veterans. Food and energy are still spiking at a historic pace, which could give the Fed more reason to keep raising interest rates. consumer prices jumped 7.7% in October from a year ago, still hovering near the the highest levels since the early 1980s. With price levels continuing to spike, the Fed is no longer using the word ‘transitory’ to describe inflation. Robert Kiyosaki says that hot inflation will 'wipe out 50% of the US population' - what he means and how to protect yourself

Robert t kiyosaki