Kiyosaki Warns of 'Nightmare Robbery' of Covertly Printed Inflation Draining Americans' Wallets

Financial expert Robert Kiyosaki has warned Americans about the 'nightmare robbery' of covertly printed inflation. According to Kiyosaki, policymakers create more currency, which causes prices to climb, and then they publish a report documenting the consequences.

Kiyosaki argues that the Consumer Price Index (CPI) is not just a neutral economic indicator, but rather a 'receipt for a robbery you didn't know happened.' He claims that most people don't realize the connection between currency creation and price increases.

The latest CPI report shows that consumer prices climbed 0.4% in August after rising 0.1% in July, with energy costs delivering a particularly painful hit. Since the beginning of 2020, food prices have increased 34.1%, housing costs are up 33.4%, and energy prices have surged 45.9%.

Kiyosaki recommends that investors protect themselves from inflation by owning assets that cannot be printed, such as gold or real estate. He has put his money where his mouth is, investing in gold mines and rental properties. The precious metal's appeal lies in its scarcity, unlike fiat currencies that can be created at will.

Gold has climbed 140% over the past five years, with JPMorgan CEO Jamie Dimon predicting it could 'easily' rise to $10,000 an ounce. Kiyosaki also advocates for investing in real estate through crowdfunding platforms or by owning income-generating properties. Bitcoin's scarcity and limited supply have made it a favorite among some investors, including Kiyoski.