The well-known writer of the best-selling guide Wealthy Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are destroying the U.S. greenback. Noting that they’re sending billions of greenback savers and uninformed traders to “monetary hell,” he suggested, “Save gold, silver, and bitcoin.”
Robert Kiyosaki’s Warning and Recommendation
Robert Kiyosaki, the writer of Wealthy Dad Poor Dad, tweeted this week that the Federal Reserve and the U.S. Treasury Division are “destroying the greenback.”
Wealthy Dad Poor Dad is a 1997 guide co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Finest Vendor Record for over six years. Greater than 32 million copies of the guide have been offered in over 51 languages throughout greater than 109 international locations.
Kiyosaki wrote, “There are one million paths to monetary heaven and a billion paths to monetary hell,” including:
Fed and Treasury [are] destroying the greenback sending billions of greenback savers and uninformed to monetary hell. Go to monetary heaven. Save gold, silver, and bitcoin.
This isn’t the primary time the well-known writer has warned concerning the Fed and the Treasury hurting the financial system and particular person traders.
In December final yr, Kiyosaki tweeted a warning that the Fed and U.S. President Joe Biden are “pushing faux inflation.” He predicted an imminent, huge crash that shall be adopted by a melancholy.
Kiyosaki additionally mentioned in October final yr that Biden and the Fed are “ripping off poor individuals,” reiterating that the U.S. is sliding right into a melancholy. “Inflation rips off the poor. Inflation makes [the] wealthy richer,” he confused. The well-known writer additionally tweeted in the identical month:
I like bitcoin as a result of I don’t belief [the] Fed, Treasury, or Wall Road.
Kiyosaki has been recommending that traders purchase gold, silver, and bitcoin for fairly a while.
In January, the well-known writer mentioned it was nice information that the value of bitcoin was crashing. He added that he’ll purchase extra BTC when the value of the cryptocurrency checks $20K. In November, he mentioned he will even purchase ether as inflation fears escalated.
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