Mumbai: Renowned personal finance guru and author of the blockbuster ‘Rich Dad Poor Dad’, Robert Kiyosaki, has fired a fresh salvo at the global banking apparatus, labelling it a rigged game where bankers always emerge victorious while ordinary folks bear the brunt.
In a hard-hitting post on X (formerly Twitter), dubbed “Lesson #8: How to Get Rich When the Global Economy Crashes”, Kiyosaki unravelled what he calls the “real game” orchestrated by world bankers.
Describing the system as “heads I win, tails you lose,” the financial educator alleged that bankers dominate global cash flows, ensuring profits remain privatised during booms while losses get socialised to taxpayers during busts. He pointed to the 2008 financial meltdown as a stark example, where billions in bank losses were shouldered by the public through hiked taxes, leaving citizens to foot the bill.
Kiyosaki warned that this inherent bias poses a massive systemic risk, urging investors to opt out by shifting wealth into assets beyond banking control. He staunchly advocated gold, silver, Bitcoin, and Ethereum as robust alternatives, emphasising his personal strategy of legally minimising taxes while building holdings in these “solid” instruments.
To bolster his tax insights, Kiyosaki was recommended ‘Tax-Free Wealth’ by advisor Tom Wheelwright, noting its relevance across economies where the wealthy often sidestep heavy taxation.
Drawing historical parallels, he referenced America’s tax-free era in 1773 and the iconic Boston Tea Party as symbols of resistance against unfair levies.
As economic uncertainties loom, Kiyosaki’s clarion call resonates: understand the bankers’ playbook, shun the rigged arena, and accumulate real assets to not just survive but thrive amid potential crashes.