Skip to main content

Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’

Robert Kiyosaki Warns Regional Banks Are Being Wiped Out — Says 'Fed Is Criminal'

Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States.

Robert Kiyosaki Says the Fed Is Criminal

The author of Rich Dad Poor Dad, Robert Kiyosaki, warned in a series of tweets this week that the Fed is wiping out regional banks by supporting only the big banks, such as JPMorgan Chase. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki tweeted Wednesday: “WTF. What The Fed? Why is Fed destroying regional banks across America? Regional banks are [the] heart and soul of [the] economy. Fed via the Repo Market [is] killing regional banks. Is this intentional? Is a depression intentional? WTF is Fed up to? Get $ out of regionals.”

The renowned author followed up with a tweet Thursday, stating that even online retail giant Amazon is affected by the Fed’s actions. “Without credit flowing, Amazon is cutting 18,000 jobs,” he stressed, adding:

The ripple effect from WTFed will bring down USA … WTFed wiping out regional banks.

In a separate tweet, Kiyosaki cautioned that by supporting only the big banks, such as JPMorgan Chase, the Fed is wiping out regional banks. Calling the Fed’s action “Cruel,” Kiyosaki reiterated his previous statement that regional banks are the heart and soul of America. Calling the Fed “criminal,” he then urged his 2.4 million Twitter followers to support small banks and small businesses.

On Friday, Kiyosaki warned in another tweet about President Joe Biden’s central bank digital currency (CBDC) and went on to recommend his customary choices of investing in additional gold, silver, and bitcoin. He wrote:

In his book 1984, George Orwell warned ‘Big Brother is watching.’ Biden’s CBDC is ‘Big Brother.’ Buy more gold, silver, and bitcoin.

In a recent episode of his Rich Dad Show, Kiyosaki discussed economic chaos, war breaking out, and rising starvation. Earlier this month, he said, “America is dying,” warning about hyperinflation and the death of the U.S. dollar.

Do you think the Fed is criminal like Rich Dad Poor Dad author Robert Kiyosaki said? Do you think regional banks are being wiped out? Let us know in the comments section below.



from Bitcoin News https://ift.tt/8EIujQ1

Comments

Popular posts from this blog

Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration 

Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well. Over a Billion Telegram Users Can Now Transfer Bitcoin in Chats On Friday, April 21, the @wallet bot on Telegram announced the addition of bitcoin (BTC) support to its web interface. The development team explained that previously, the leading cryptocurrency by market capitalization was only accessible in the text bot. “Now, all @wallet users will be able to take full advantage of our web interface,” the announcement on Telegram details. Telegram is extremely popular among cryptocurrency users, and according to a report from April 2023, the messaging app has an estimated 1.068 billion users. Bitcoin.com News confirmed that BTC has been added, as our publication tested the @wallet bot on Telegram...

US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says

As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The overall sector market cap has increased by 24% since the end of May, partly due to a […] from Bitcoin News https://ift.tt/E8R7P09

Introducing Binance Oracle VRF: The Next Generation of Verifiable Randomness

Main Takeaways Binance Oracle VRF is a Verifiable Random Function (VRF) solution that enables blockchain developers to generate random numbers. Binance Oracle VRF can be used for an extensive selection of use cases, including GameFi projects and other blockchain products built with smart contracts. Keep reading to learn more about how VRFs work, why blockchain applications need randomness, and how Binance Oracle VRF could benefit your project or business. Powered by Binance Cloud and based on the latest Verifiable Random Function (VRF) standard, here’s everything you need to know about Binance Oracle VRF. What Is a Verifiable Random Function (VRF)? Verifiable Random Functions (VRF) are random number generators (RNG) whose outputs can be cryptographically proven as random. Here’s a quick summary of how it works. A series of inputs are passed into a VRF. The VRF computes the inputs and generates pseudorandom outputs. Anyone, at any time, can cryptographically verify that the...