Rich Dad Poor Dad writer Robert Kiyosaki said that if the Fed prints more money, Bitcoin owners will get even richer.
The famous writer thinks that the Fed’s change of monetary policy will lead to such a result.
Robert Kiyosaki Also Highlights Precious Metals
Kiyosaki said that besides Bitcoin, he thinks that assets such as gold and silver will increase in value. The author stated that the upcoming period is “the next global Lehman” and said that pensions may also increase. The bankruptcy of Lehman Brothers in 2008 was the culmination of the subprime mortgage crisis.
Kiyosaki said:
“Retirements will be the next Lehmann. What are you going to do? Will you be richer or poorer? People who own gold, silver and Bitcoin will get richer when the Fed, Treasury and Wall Street print trillions of fake dollars. Those who save fake money will be the biggest losers. Don’t be a loser”
Kiyosaki continued to criticize the Fed for its handling of inflation and continued to blame it for the market crash.
The author said in April that about 50% of the US population could perish if inflation is not brought under control.
Despite the difficulties with FTX, Kiyosaki continued to speak positively about Bitcoin:
“I’m still optimistic about bitcoin, but don’t think of it as the same thing as silver and the silver ETF. Bitcoin does not mean Sam Bankman-Fried. The problem is FTX itself”
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