Federal Reserve Destroys Regional Banks and Nukes The American Economy, Robert Kiyosaki Says

According to the latest reports, it seems that Rich Dad Poor Dad’s Robert Kiyosaki notes that the Federal Reserve is destroying the regional banks and nuking the American economy. Check out the latest reports about this below.

Rich Dad Poor Dad author Robert Kiyosaki says the Federal Reserve’s tight monetary policies are annihilating the country’s regional banking sector, and the worst is yet to come, as noted by the online publication the Daily Hodl.

As the same online publication notes, the best-selling author questions the Fed’s intentions and continued interest rate hikes amid the collapse of Signature Bank, Silicon Valley Bank (SVB), and now First Republic.

Kiyosaki said that the Fed’s actions blatantly support big banks while placing smaller regional banks at risk.

“WTF. What The Fed? Why is the Fed destroying regional banks across America? Regional banks are the heart and soul of the economy. The Fed via the repo market is killing regional banks. Is this intentional? Is a depression intentional? WTF is the Fed up to? Get out of regional banks…”

He continued and said the following:

“By supporting only big banks like JPMorgan, WTFed is wiping out regional banks. Cruel. Regional banks are the heart and soul of America. Please support small banks and small businesses.”

Kiyosaki also said that mass layoffs at Amazon are another example of an ongoing liquidity crunch that will severely damage the American economy.

“Even Amazon affected by WTFed. Without credit flowing, Amazon is cutting 18,000 jobs. The ripple effect from WTFed will bring down USA.

Please take care. Be aware. WTFed wiping out regional banks… WTFed is not our friend. WTFed is the dark side.”

In other news, according to the latest reports, during a new interview with Fox Business, Hougan said that Bitcoin would likely cross the $30,000 level in the near term and eventually hit new all-time highs by next year.

Hougan says that the crypto markets were hit by scandals last year after soaring too quickly, but that digital assets are now poised to recover after flushing out excessive leverage.

“I definitely think we’re going to get above that $30,000 level. I think we’re eventually going to get to new all-time highs. You know we had a reset last year with all the issues that crypto had around FTX, around LUNA. It had gotten too big, too fast, and we blew up. But we’ve cleaned up, we’ve reset and now we’re up 77% year-to-date. It’s the best-performing asset class in the world.”