Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad, Poor Dad”, posted a warning about the inflation situation in the USA in his latest post on YouTube, pointing to the leading cryptocurrency Bitcoin (BTC) and these assets! Here are the details…
Kiyosaki proposes Bitcoin and these assets as a solution to inflation!
Famous economist Robert Kiyosaki said in a special episode on YouTube on March 19 that the inflation situation is systemic and citizens should prepare themselves to continue paying higher prices in the coming years. Kiyosaki, who had previously reacted to the comments made by the Federal Reserve about the current inflationary pressures that it was “temporary” and that it would “decrease” soon, showed that he did not agree by stating that Fed Chairman Jerome Powell was not honest. The words of the famous economist Kiyosaki are as follows:
Inflation is now systemic. Next year you will pay much more than we want. When Fed chairman Powell said that inflation was temporary, he was lying from head to toe.
On the other hand, Kiyosaki also made statements about the bankruptcy of the famous banks of the USA. Kiyosaki predicted further rises in inflation based on how he handled the banking crisis, with the three major US banks going bankrupt. According to the economist, the US will print more dollars to bail out the banks, and as a result, increased inflation will affect many people.
The famous economist reacts to President Biden’s views!
As we quoted earlier, President Joe Biden assured that the bailout for bankrupt banks would not cost taxpayers any money, something Kiyosaki opposes. Kiyosaki criticized Biden for this attitude as follows:
Biden says the bailout of Silicon Valley Bank won’t cost taxpayers anything. What is he drinking?
Despite all this, the famous economist continues to worry about American taxpayers and the general economy, believing that the Federal Reserve and the FDIC are signaling hyperinflation by constantly printing “fake money” in reference to the dollar.
On the other hand, as we have previously reported as cryptokoin.com, Kiyosaki has been offering the leading cryptocurrency Bitcoin (BTC) to investors for a long time in response to the inflation problem. The famous name advocates investing in precious metals such as gold and silver in response to the economic collapse and states that these will gain enormous values against the dollar, which he sees as “fake money”. However, the expert also states that Bitcoin can act as a buffer against inflation. On the other hand, in the midst of inflationary pressure and concerns in recent days, Bitcoin has risen by ignoring the banking crisis and is instantly traded at $ 28,102.
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