Rich Dad Poor Dad’s Robert Kiyosaki Advises Investors How to Profit From Inflation – Economics Bitcoin News

Robert Kiyosaki is the famous author of Rich Dad Poor Dad. He has some tips on how you can profit from inflation. His strategy includes Bitcoin. He also gave praise to the Ukrainian government’s resistance against Russian President Vladimir Putin.

Robert Kiyosaki – Profiting From Inflation

Robert Kiyosaki (author of Rich Dad Poor Dad) has given his advice to his Twitter followers, which number over 1.8 million, on how to make money from inflation.

Rich Dad Poor Dad was co-authored in 1997 by Sharon Lechter and Kiyosaki. The New York Times Best Seller List has had it for six years. The book has been translated into more than 51 languages in more than 109 different countries.

Kiyosaki Tweeted Friday

How to make money from inflation Biden wants inflation. I invest in Texas and N. Dakota oils to counter Biden’s criminal activities. I just bought a Utah gold mine. Texas homes, apartments and houses for investing. Saving gold, silver, bitcoin … Invest like a capitalist.

Kiyosaki warned of inflation several times before. Kiyosaki blames President Joe Biden’s administration and the Fed for the demise of the dollar. He also predicted a coming depression last year.

He also stated that he had purchased more gold, silver and bitcoin in November as inflation concerns grew.

Kiyosaki’s Russia-Ukraine War

The famed author also spoke up about Russia-Ukraine conflict a couple of times in recent years.

He tweeted last week: “Putin in trouble. Ukraine’s President Zelensky … is fighting back against Putin. He’s not running. He is inspiring people to fight back.” In a follow-up tweet, he wrote:

Bitcoin defies Putin. Let’s go bitcoin. Let’s go crypto. Take on tyrants. Take on tyranny. Fighting back.

On February 26, the Ukrainian government started asking for donations in cryptocurrency.

Blockchain analytics platform Elliptic claims that the Ukrainian government has raised more than $60 million in cryptocurrency donations from Russia since the invasion.

What do you think about Robert Kiyosaki’s comments? Comment below to let us know your thoughts.

Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. His main interests are in Bitcoin security, open source systems, network effects, cryptography, and intersections between economics, cryptography, and Cryptography.