UDN - Robert Kiyosaki Of 'Rich Dad Poor Dad' Fame Sounds Alarm On Inflation: 'Protect Yourself From Our Marxist Leaders' | Benzinga
Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” blamed the leaders for the inflationary situation in the economy.
What Happened: Kiyosaki pointed out that there are perils with the two political ideologies: capitalism and Marxism. “True capitalist” bring down prices, which will lead to a deflationary spiral, the Japanese-American entrepreneur said.
On the other hand, Kiyosaki noted that Marists raise prices, which in turn stokes inflation. “Our leaders are Marxists which is why we have inflation,” he said.
Consumer price inflation in the U.S., though having pulled back from the highs seen in the summer of 2022, remains ...