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Robert Kiyosaki Warns Powell's Era Is Over - Prepare for the Post-Fed Economy
According to Robert Kiyosaki, a supporter of bitcoin, gold, and silver for protection, the power of the Federal Reserve is collapsing as cryptocurrency reforms take effect and the instability of the dollar increases. Robert Kiyosaki Warns Powell's Era Is Over - Prepare For The Post-Fed Economy Robert Kiyosaki, the author of the best-selling book "Rich Dad Poor Dad", has made remarks on recent political and economic developments related to the Federal Reserve and cryptocurrency policy. His book has become a global bestseller for over two decades, translated into dozens of languages, and sold millions of copies worldwide. Kiyosaki shared on social media platform X on August 2: 'You are fired:' When President Trump promised to make the United States the cryptocurrency capital of the planet... he not only followed through on his threat to fire Fed Chairman Jerome Powell... but also fired the Fed in a Marxist manner. Goodbye Federal Reserve. The statement from the famous author reflects his long-standing disappointment with the Federal Reserve and his enthusiasm for decentralized financial systems. His article emphasizes the belief that the country is gradually moving away from traditional monetary policy and towards a future driven by cryptocurrencies—although no official action has yet been taken to remove Powell or dissolve the central bank. In fact, although President Donald Trump has publicly criticized Powell and expressed a desire to replace him, the removal of a chairman of the Federal Reserve is not simple. The Federal Reserve Act only allows for removal "for cause," a legal standard that does not include policy disagreements and has never been tested in court. Some reports have mentioned a possible reason related to a renovation project, but no official steps have been taken. Powell's term will last until May 2026. To fulfill the promise of making the United States the capital of cryptocurrency in the world, the Trump administration took decisive steps. The President's Working Group on Financial Markets has released a report, providing a roadmap for regulatory and legislative changes. Additionally, the SEC has launched the "Cryptocurrency Project" aimed at modernizing regulations, bringing clarity to the industry, and moving away from the previous "regulation by enforcement" approach. Kiyosaki has continually warned about the weakening of the US dollar, soaring public debt, and an impending economic crisis. He urges people to invest in Bitcoin, gold, and silver as a way to protect their assets outside of traditional systems. His latest statements continue a familiar message: steer clear of fiat currency, prepare for disruption, and embrace alternative assets.