Robert Kiyosaki Predicts US Dollar Will Crash by January — Suggests Buying Bitcoin – Economics Bitcoin News

Robert Kiyosaki is the famous author of Rich Dad Poor Dad. He predicted the U.S. Dollar would crash next January after Federal Reserve pivots. The Fed will continue to increase interest rates and he recommended bitcoin to be one of his top investments.

Robert Kiyosaki foresees a near-imminent crash in the US Dollar

Robert Kiyosaki is the author of Rich Dad Poor Dad and has issued a warning to the U.S. dollar. He says that it will collapse in the next few months.

Rich Dad Poor Dad was co-written by Sharon Lechter and Kiyosaki in 1997. The New York Times Best Seller List has had it for six years. It has been published in more 51 languages and sold in over 109 countries.

Following the British pound nosediving against other currencies and the Bank of England taking emergency action with a bond-buying program to calm markets, Kiyosaki tweeted Saturday, “English pound died this week.”

The famous author shared his expectation in another tweet: “Will U.S. dollar follow English Pound Sterling? I believe it will.” He added:

I predict that the U.S. currency will collapse by January 2023, after Fed pivots.

Kiyosaki stated in a tweet that the Federal Reserve will continue to raise interest rates. This means there will always be opportunities for buying gold, silver and bitcoin. The renowned author noted that crash are great times for getting rich.

Buying opportunity: if Fed continues raising interest rates US $ will get stronger causing gold, silver & bitcoin prices to go lower. More to buy.

“When Fed pivots and drops interest rates … you will smile while others cry,” he noted.

It was not the first time Kiyosaki predicted that the U.S. Dollar would collapse. He stated earlier in the year that the USD was on the verge of collapse, noting the Fed and Treasury were destroying it. He said last month that the end to fake money has come.

Moreover, Kiyosaki has warned that the Fed raising interest rates will destroy the U.S. economy, advising investors to invest in “real money,” naming bitcoin as one of the investments. Investors should also be encouraged to invest in crypto before the worst economic crisis in history.

What do you think about Robert Kiyosaki’s predictions about the U.S. economy and the U.S. dollar crashing? Leave your comments below.

Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. He is interested in Bitcoin security and open-source software, network effects, and the intersection of cryptography and economics.