Once again, the investor has doubled down on his grim forecasts, warning that a "massive market crash" could be just around the corner.
Amid this anticipated economic downturn, the author of "Rich Dad Poor Dad" expressed skepticism regarding the current financial management practices.
He criticized the Federal Reserve, the Treasury, banks, and Wall Street for what he describes as an excessive reliance on money printing, which he believes exacerbates economic instability.
Kiyosaki argues that inflation driven by fiat currency disproportionately benefits the wealthy who own tangible assets, while the purchasing power of the poor and middle class continues to decline. He emphasized that inflation and taxes are further widening the wealth gap.