Rich Dad Poor Dad author Robert Kiyosaki recently warned in an X post that the US dollar became the 'petrodollar' in 1974, and today the world is on the edge of a world war over oil as inflation continues to rise.
'In 1974 ERISA (Employee Retirement Income Security Act) was passed. Up until 1974 most employees had guaranteed retirement income for life. After ERISA millions of employees went on to 401k, RRSPs, IRA which guaranteed nothing. Millions of baby-boomers will soon find out they have no income once they stop working,' Kiyosaki wrote in a 4th April post on X.
