Daniela Cambone recently caught up with educational entrepreneur and real estate tycoon Robert Kiyosaki to discuss why central bankers are going to print an absurd amount of money to combat a global pension crisis as "two billion old guys like me retire."
In an interview with Kitco News, Kiyosaki warns, there is a massive shortfall of money for retirees.
In America alone, the pension shortfall for defined benefit pensions is estimated to be 9 to 17 trillion dollars.
Kiyosaki goes on to explain how Wall Street and union leaders are stealing money right out of the pension funds of teamsters, firefighters and pilots. This is all explained in his new book, Who Stole My Pension? How You Can Stop the Looting.
To make matters worse, the biggest stock market crash ever will crush stock prices and shatter the retirement plans of millions. This crash will hit baby boomers particularly hard as they retire right as the chaos unfolds. The coming crash "is going to make 2008 look like nothing."
Kiyosaki notes this is all very good news for gold and silver investors, "since the Fed will have to print more money."
Adding that:
If you become aware of how they're stealing your money, then you can do something different.
The best way an average person can protect their wealth is to purchase what Kiyosaki calls "God's money."
Gold and silver were here when the earth was formed, and gold and silver will be here when we're all gone. Crypto will be gone too.
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad's Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, "Your home is not an investment," years before the Panic of 2008. His latest book is Who Stole My Pension? How You Can Stop the Looting.