[ccpw id="5"]

Thursday, February 16, 2023
HomeBitcoinRich Dad Poor Dad's Robert Kiyosaki Warns Hyperinflation, Depression Are Here –...

Rich Dad Poor Dad’s Robert Kiyosaki Warns Hyperinflation, Depression Are Here – Featured Bitcoin News


The well-known creator of the best-selling e book Rich Dad Poor Dad, Robert Kiyosaki, says that hyperinflation and despair are right here. He additionally warned that the largest bubble burst is coming, advising buyers to purchase gold, silver, and bitcoin.

Robert Kiyosaki’s Latest Warnings

The creator of Rich Dad Poor Dad, Robert Kiyosaki, gave a sequence of warnings relating to the U.S. economic system Friday.

Rich Dad Poor Dad is a 1997 e book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the e book have been bought in over 51 languages throughout greater than 109 international locations.

Kiyosaki tweeted {that a} Wile E. Coyote second and the largest bubble burst are coming. Claiming that hyperinflation and despair are right here, the well-known creator recommends shopping for gold, silver, and bitcoin “before the coyote wakes up.”

Rich Dad Poor Dad's Robert Kiyosaki Warns Hyperinflation and Depression Are Here

The creator of Rich Dad Poor Dad opined that child boomers’ retirements might be “stolen” and that the $10 trillion in faux cash spending is ending. He referred to as the U.S. authorities, Wall Street, and the Federal Reserve thieves.

Moreover, Kiyosaki tweeted early this month: “Repo market inversion. Last time this happened was 2008 … In 2008 I borrowed $300 million to buy great real estate, at bargain prices. Time to get rich coming again. Time to get smart, not greedy.” Emphasizing that weak companies and grasping buyers will fail, the well-known creator wrote:

Be cautious. Recession and crash coming.

A rising variety of economists and forecasters are actually saying {that a} recession is on the horizon for the U.S. economic system because the Federal Reserve continues to battle the very best inflation in additional than 40 years.

JPMorgan Chase CEO Jamie Dimon, for instance, mentioned this week that the chance of the Federal Reserve tipping the U.S. economic system into recession is rising. Former Treasury Secretary Larry Summers additionally mentioned a recession is “the most likely” end result for the U.S. economic system, not a smooth touchdown.

In October final 12 months, Jack Dorsey, the CEO of Block Inc. and former CEO of Twitter Inc., predicted that hyperinflation will quickly occur within the U.S. and the world. Recently, Mexico’s third-richest billionaire, Ricardo Salinas Pliego, additionally warned about extreme greenback inflation. He beneficial shopping for bitcoin.

In addition, Kiyosaki has warned a couple of huge crash many instances. Predicting a “giant stock market crash” in October, he famous that after the crash, the U.S. will slide into a brand new despair. He additional warned that we’re within the largest bubble in world historical past.

Last month, the Rich Dad Poor Dad creator mentioned the U.S. greenback is about to implode, recommending buyers purchase extra gold, silver, bitcoin, ethereum, and solana. He emphasised that the world is in hassle and the U.S. nationwide debt goes by the roof.

In the identical month, Kiyosaki warned that the federal government will seize all cryptocurrencies. Nonetheless, he predicted the top of the U.S. greenback, noting that the Russia-Ukraine battle is giving rise to crypto as a safer haven than the federal government’s “fake fiat money.”

Tags on this story

Buy Bitcoin, Depression, gold, Hyperinflation, inflation, robert kiyosaki, robert kiyosaki bitcoin, robert kiyosaki crypto, robert kiyosaki cryptocurrency, Robert kiyosaki manufacturing, Robert Kiyosaki Solana, silver

What do you concentrate on Robert Kiyosaki’s warnings? Let us know within the feedback part under.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source programs, community results and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational functions solely. It shouldn’t be a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, straight or not directly, for any injury or loss prompted or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or companies talked about on this article.

More Popular News

In Case You Missed It


Please enter your comment!
Please enter your name here


TeraWulf newest bitcoin miner to restructure debt, inventory dives (NASDAQ:WULF)

South_agency/E+ by way of Getty Images TeraWulf (NASDAQ:WULF) inventory sank 28% in Thursday afternoon buying and selling after the bitcoin...

How I might make investments $20,000 in ASX 200 dividend shares in 2023

Image supply: Getty Images We’re nonetheless pretty new to 2023, regardless of the primary month simply passing us by. But what a yr it...

NFT: Polygon beats Ethereum on OpenSea

It’s all true: Polygon, by means of the main world market OpenSea, bought extra particular person NFTs than Ethereum for the second consecutive month, in...

Most Popular