Robert Kiyosaki Criticizes the Federal Reserve for Manipulating the Economy, Urges Investment in Bitcoin and Precious Metals

ChainCatcher reports that Robert Kiyosaki, author of "Rich Dad Poor Dad," recently criticized the Federal Reserve and central banks on social media for manipulating interest rates, calling it "price fixing" and likening the practice to Marxist-style central planning. Kiyosaki stated that such monetary manipulation harms the economy and deprives individuals of autonomy.

Meanwhile, former Congressman Ron Paul also criticized the bipartisan increase in government spending in the U.S., particularly the approval of a $1 trillion military budget, warning that the growing debt and surveillance measures are pushing the U.S. towards centralized control.

Kiyosaki believes the solution lies in rejecting fiat currency and turning to decentralized assets like Bitcoin, gold, and silver to protect personal wealth from the influence of government-controlled financial systems. He argues that only by embracing decentralization can Americans avoid the risk of a socialist takeover brought about by economic manipulation.