Pull the Fed's COVID stimulus out of the market and the market - perhaps the entire ecomomy - wouldn't be anywhere where it is now. I'm not necessarily sticking up for Kiyosaki - I haven't read his book - but what the Fed did was unprecedented, if not incomprehensible. We're still sorting out the effects.<p>The point is, perhaps Kiyosaki is right (enough) and has been right (enough) but the Fed keeps kicking the can, moving the target, etc. You can only prop up a dead body for so long before the decay and smell set in.
I read one of his books years ago and had to put it down when he said if you run a company and it runs out of money, "pay yourself first" (before your employees). Yuck. No.