Rich Dad Poor Dad’s Kiyosaki Cautioned Against Hyperinflation: Recommends Buying BTC –

On Friday, Robert Kiyosaki, the author of the best-selling book, Rich Dad Poor Dad, warned about the U.S economy. 

In a tweet, Kiyosaki said that Wile E. Coyote moment and “the biggest bubble burst” is approaching. Kiyosaki goes on to advise buying gold, silver, and bitcoin “before the coyote wakes up.”

The famous author said that the retirements of baby boomers are going to be “stolen” and that the $10 trillion in fake money spending will end soon. The author of Rich Dad Poor Dad also declared Wall Street, the Federal Reserve, and Wall Street thieves. 

Earlier this month, Kiyosaki tweeted: “Repo market inversion. Last time this happened was 2008 … In 2008 I borrowed $300 million to buy great real estate, at bargain prices. Time to get rich coming again. Time to get smart, not greedy.” highlighting the fact that investors who are greedy and weak business are going to fail. Kiyosaki then asked to be careful saying “Recession and crash coming.”

More and more economists and forecasters are predicting that a recession is on the edge for the U.S economy meanwhile the Federal Reserve is battling against the highest inflation in over 40 years. 

Former Twitter CEO and presently, the CEO of Block Inc, Jack Dorsey forecasted that hyperinflation is on the horizon in the U.S and the world, last year in October. Ricardo Salinas Pliego, the third-richest billionaire in Mexico, too issued a warning about serious dollar inflation, quite recently. Pliego too advised buying Bitcoin. 

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Besides, in many instances, Kiyosaki had warned about a huge crash. In October, he predicted a “giant stock market crash” stating the U.S will fall into a new depression after the crash. Giving a warning further, he notes that “we are in the biggest bubble in world history.”

The Rich Dad Poor Dad also issued a warning last month, saying the U.S. dollar is about to implode, advising investors to buy Bitcoin, Ethereum, Solana, Silver, and Gold. Moreover, he highlighted that the world is in crisis and the national debt of the U.S is going out of control.

Kiyosaki also cautioned in the very same month that the government is going to seize all cryptocurrencies. He further predicted the U.S dollar end, saying that crypto has emerged as a safer haven during the Russia-Ukraine war, than the government’s “fake fiat money.”

Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.

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