Financial author Robert Kiyosaki has issued a stark warning about global financial instability, linking current civil unrest to historical economic cycles. He specifically cites the ‘Fourth Turning’ theory, which posits major societal crises occur approximately every 80 years.
Kiyosaki strongly criticizes traditional fiat currencies, labeling them ‘fake money’ manipulated by central banks. He argues this manipulation leads to wealth confiscation through inflation and contributes directly to social instability.
As safeguards against this perceived systemic risk, Kiyosaki promotes Bitcoin, calling it the ‘people’s money,’ alongside gold and silver, which he terms ‘God’s money.’ He believes these assets offer protection against inflation and the failures of centralized financial systems.
Kiyosaki urges individuals to take control of their finances by ‘becoming your own bank.’ This involves holding decentralized assets like Bitcoin and physical precious metals to avoid reliance on traditional banking institutions.
His analysis aligns with the Fourth Turning’s forecast of profound societal transformation, emphasizing the critical need for financial preparedness through alternative assets outside the conventional system.