Renowned financial expert Robert Kiyosaki has issued a dire warning about the impact of inflation on the American middle class and the government’s energy policies.

In a recent interview, Kiyosaki highlighted the critical role of oil in powering society and suggested that government policies on the commodity would eventually make the middle class obsolete.

He also criticized President Biden’s decision to withdraw from Afghanistan, which he claimed resulted in Saudi Arabia joining forces with Russia and driving up the price of oil.

Kiyosaki has been vocal in his criticism of the Federal Reserve’s handling of inflation and has encouraged investors to invest in gold, silver, and Bitcoin as a hedge against economic downturn.

As the U.S. dollar faces the threat of losing its status as the global reserve currency, Kiyosaki has cast doubt on its sustainability, even going so far as to refer to it as “toilet paper.”

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