Inflation is here, and we have all noticed it either at the grocery store or when we gas up. And Rich Dad, Poor Dad author Robert Kiyosaki is one of the latest experts to sound the alarm saying it’s going to wipe out half of the United States population.
“When inflation goes up, we’re going to wipe out 50% of the U.S. population,” Kiyosaki told Stansberry Research earlier this month. According to a report by Yahoo News, the Federal Reserve (central banking cartel) are no longer using the term “transitory” to describe inflation. Anyone paying even a small amount of attention knew it was going to be anything but.
U.S. consumer prices jumped 8.5% in March from a year ago, marking the fastest increase since December 1981. That could give the Fed more reason to continue raising interest rates — something that’s already casting a giant shadow over the stock market.
Kiyosaki is incredibly concerned with the current state of the U.S. economy. The global economic situation does not look that much better, in fact, the world’s entire supply chain is one small crisis away from destroying the lives of millions or billions of people. “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.
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. It also spells trouble for those who want to enjoy their golden years. When the bubbles burst, Kiyosaki says, the stock market will crash. So those relying on their 401(k) plans “are toast.”
“We don’t have a retirement, our pensions are bust.”
Beat inflation the best you can by stocking up. We could see the food supply crunch coming a mile away and the inflation was obvious once the central banks of the globe started creating money out of thin air. It looks like all of this is far more than a coincidence.
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I’m 75 and I’ve had a small / slight stroke and I don’t expect to live forever, but I do worry about my family and what will happen to them.
You’re still here and able to communicate. You were put here for a time such as this. I guarantee that you have knowledge and skills that can help your family survive in this challenging era.
Never underestimate the value of those who have lived through trying times before. Keep your head up and save who you can. That’s all any of us can do. God bless and keep you and your family.
We don’t care.
No, you don’t – we do care.
Raising interest rates will do very little to stop inflation caused by government-induced destruction of supply chains.
Raising interest rates only makes it harder to restore and compensate for broken supply chains.
Of course they know that…
One good thing about rising interest rates, it slows housing way down! Maybe these bassturds will stop building shit like no tomorrow and stop people moving here! No water? NO problem! Just build more and more and more! Run out of ways to fook up kalifornia? NO problem! Just move here and start all over! I wish I could hack into those big highway electronic signs…..
50% huh ? I’m guessing life
won’t exactly be a picnic
for the other half either.
Consider putting some investment money in gold and silver mining companies, especially the smaller ones. That should not only keep you ahead of inflation but allow you to multiply your investment several times over.
Do the words “Free fall” sound familiar?
…without a “Net” or “Parachute“.
…without a net or parachute.
Remember the old sayings…
“It’s as sound as a dollar”
“It’s like money in the bank”
“Stocks always go back up”
Meh I guess people could sell dope or make a meth lab lol. Sell the kids for medical experiments. There will always be a a way to make paper satans…
nothing new. this game has been played for centuries. the people in power see the little people have gotten better off financially so they use inflation, taxes or war to take their money. this time those in power are using all three.
It’s all passion as ragdoll whips.
It is important to remember technological changes – AI, robotics – and science – genetics, artificial wombs – mean we do not need to have the wild and wooly free-style population we have today. It means the very large population kept alive through welfare and food banks (who don’t work for their keep) are no longer needed. And it would just cost too much money and time to make them useful (this also applies to Africa). The time and resources are not available to lift up these groups so they can be of use. In fact, some people have such low IQs they will never be able to ‘get’ the 21st century.
Take a look at China: they have already started to clear out the unneeded portion of their population.
Going forward, a new generation can be nurtured in labs free of genetic failings (mental and physical illnesses – think of the cost savings!) and we can have a smaller, smarter and more beautiful population. What’s not to like about that!!
Invest in companies that feature funeral services and product, de-vest of life insurance companies.
Not worth a Continental, yeah that will be the saying of the dollar rotten child scam soon enough. Currency was printed into oblivion during the revolution and people literally hated printed money so much and trust was lost. We literally only had coinage in the USA for the next sixty years! No Paper Brandon wipes! Decentralization and succession is key now, it’s the only way
Physical gold and silver, not paper gold.
INFLATION AND DEFLATION ARE CONDITIONS THAT DO NOT DESCRIBE PENTAGON FAKE MONEY FORCED UPON A SUBJECT POPULATION TO ENSLAVE US. INFLATION AND DEFLATION ARE CONDITIONS WHICH DESCRIBE THE RELATIVE SUPPLY OF SILVER AVAILABLE TO BACK BANK NOTES WHICH ARE REDEEMABLE UPON DEMAND.
SO SHUT UP WITH YOUR INFLATION BULLSHIT.
What we are seeing is a simple consequence of unprecedented money ? printing by central banks ?.
If they weren’t doing this, there would be massive deflation. We have efficiencies created by data processing increasing by the month, while the world’s population continues to increase, making cheap labour cheaper.
At some point confidence will snap and then things get interesting.
The essential problem is this: because of the rise of the machines, we do not need people with an IQ below ? 100. That means most of Africa’s population has no role in the future economy. East Asia has the most people with the highest IQs, followed by Europe. This is causing severe resource distress because the low IQ people want more resources by dint of their population size, but by their value creation, they do not deserve those resources. At present governments are just handling them free food, money ? but that is just making the conflict worse.
So think about this: who is going to win this resource war? Large, dumb populations who are still trying to figure out how to grow food and get clean water, or smaller, high IQ populations who have already travelled ? to the stars?
Read “Superiority”, a low-tech vs. high-tech short story by Arthur C. Clarke.
who is going to win this resource war? Large, dumb populations who are still trying to figure out how to grow food and get clean water, or smaller, high IQ populations who have already traveled ? to the stars?
As @Warren V. DeCee pointed out, read the short story.
Superior IQ does not guarantee superior outcome. It is decisions based in fact, and in past practice.
Keep your family close and your ammo dry.
It has been said, “The meek shall inherit the earth!”