According to Robert Kyosaki, who supports Bitcoin, Gold and Silver for protection, as crypto reforms take hold and dollar instability rises, the Federal Reserve power is falling apart.
Robert Kiyosaki warns Powell’s time is increasing.
Robert Kiyosaki, author of the bestselling book Rich Papa’s Poor Papa, focuses on recent political and economic developments in the US Federal Reserve and cryptocurrency policy. His book has been a global bestseller for over 20 years, translated into dozens of languages and sold in millions of copies worldwide.
Kiyosaki shared on social media platform X on August 2nd:
“You’ve been fired:” When President Trump promised to make the United States the crypto capital of the Earth… he not only created this threat to FRED FED Chairman Jerome Powell, but also fired Marxist bacteria. Goodbye Federal Reserve Bank.
The famous author’s statement reflects his longstanding grievances with the Federal Reserve and his enthusiasm for the decentralized financial system. His posts underscore his belief that the country is moving from traditional monetary policy and towards a crypto-driven future, but no official measures have been taken to eliminate Powell or dismantle the central bank.
In fact, President Donald Trump has publicly criticised Powell and expressed his desire to replace him, but removing the Federal Reserve chairman is not easy. The Federal Reserve Act does not include policy disagreements and allows removal only “for cause,” a legal standard that has never been tested in court. Some reports mention justifications that may be related to renovation projects, but no formal action has been taken. Powell’s term will last until May 2026.
The Trump administration has taken critical steps to fulfill its promise to make the United States the world’s crypto capital. The President’s Working Group on Digital Asset Markets has released a report, providing a roadmap for regulatory and legislative changes. Additionally, the SEC launched “Project Crypto” to modernize regulations, bringing clarity to the industry and moving away from the previous “regulation-by-regulation” approach.
Kiyosaki has consistently warned of weaker US dollars, rising debt and ultimately economic conflicts. He urges individuals to invest in Bitcoin, gold and silver as ways to protect wealth outside the traditional system. His latest remarks continue with a familiar message. It leaves Fiat currency, prepares for confusion and accepts alternative assets.
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