Robert Kiyosaki Slams Joe Biden!

President Joe Biden's assertion that taxpayers won't suffer as a result of government bailouts of US bank failures is criticised by Robert Kiyosaki.

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According to Kiyosaki, this method could cause hyperinflation by flooding the system with "false money" in the form of US dollars.

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Once Silicon Valley Bank collapsed and was taken over by the Federal Deposit Insurance Corporation, Biden sought to calm the market and taxpayers (FDIC).

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The fees that banks contribute to the Deposit Insurance Fund would be used for the rescue.

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The Federal Reserve and the FDIC, according to Kiyosaki, are indicating hyperinflation by creating "more and more of this bogus money".

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