Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has taken to X to warn his followers of an impending market crash and Bitcoin role. The financial educator thinks the Federal Reserve, the Treasury, banks, and Wall Street should be blamed for the market outlook. He accused them of being overly reliant on money printing; in his opinion, this “makes things worse.”
The Rich Gets Richer, And the Poor?
The serial entrepreneur is concerned and skeptical about the current financial management.
He went on to talk about how fiat currency-based inflation is to the advantage of the wealthy who have tangible assets. As a result, the purchasing power of the poor and middle class is eroded. Kiyosaki acknowledged the widening of the wealth gap caused by inflation and taxes.
“When fake money is printed the rich, who own real assets get richer…. while the poor and middle class, who save fake money, get poorer due to inflation and taxes. Let inflation make you richer, not poorer. Save gold, silver, and Bitcoin. Take care. Crash is here,” Kiyosaki wrote on X on January 4.
Robert Kiyosaki Highlights Bitcoin as Inflation Hedge
As always, he suggested Bitcoin (BTC), gold, and silver as the perfect hedge against the economic turmoil. In clear terms, he urged individuals to pursue hard assets rather than cash savings.
GIANT MARKET CRASH here.
Q: How can I be so bullish on gold, silver, and Bitcoin?
A: Because the idiots running the Fed, Treasury, Banks, and Wall Strret only know how to print money, which makes things worse.
FYI: When fake money is printed the rich, who own real assets get…
— Robert Kiyosaki (@theRealKiyosaki) January 3, 2025
They could help investors navigate ongoing economic challenges effectively. Meanwhile, it is worth noting that Kiyosaki is largely recognized for his criticism of fiat currency and government monetary policy.
It all started after he discovered that U.S. coins were no longer made of silver but a mix of copper and other metals.
About two weeks ago, he spoke candidly about his mistrust of the U.S. government, the Federal Reserve, and the soaring national debt. At the time, he was clear about an incoming devastating economic collapse.
Kiyosaki Boast is Owning 73 Bitcoin
As of November 9, Kiyosaki held 73 Bitcoin units, with plans to increase it to 100 in the new year.
The flagship cryptocurrency trades at $97,786.83, 1.13% higher than its previous level. The financial educator stated that he bought Bitcoin at $6,000. Compared to the current market value of the coin, Kiyosaki has made a significant profit due to his financial decision.
The coin’s price does not limit his intention to increase his Bitcoin holding as he has vowed to hold on to the asset.
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