Robert Kiyosaki’s recent Twitter update from quarantine, Robert explains this tweet:

“ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @$17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75,000 in 3 years. PRAY for the BEST-PREPARE for the WORST.”

In this age of fiat money, Liquidity determines whether asset prices move up or down. The Fed understands this. That’s why it has been printing money and injecting that Liquidity into the financial markets. Its goal has been to push up asset prices in order to drive the economy by creating a wealth effect that allows Americans to keep spending

The main problem with the current U.S. economy is that the Fed is printing trillions making the dollar worthless. The only ones getting rich from the Fed printing money are the CEOs of the large corporations.

Watch what Robert says is the reason he’s buying gold, silver, and bitcoin.

#robertkiyosaki #financialeducation #quarantine

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