Robert Kiyosaki, author of Rich Dad Poor Dad, warned that leaders would plunge the U.S. economy into an economic depression and a war. Kiyosaki, US Securities and Exchange Commission (SEC) spot Bitcoin He did not hesitate to recommend buying bitcoin in an environment where expectations were high that he would approve exchange-traded funds (ETFs).
Published in 1997, the book has remained on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in more than 109 countries in more than 51 languages.
Koinfinans.com As we reported, he expressed his views in a statement he made on the social media platform X on Saturday. Robert Kiyosaki “The definition of insanity is doing the same thing over and over again and expecting things to change,” he said. “Our leaders, the 3 Stooges Biden as President, Yellen as Treasury Secretary, and Powell as Fed Chairman, are doing us a favor,” he emphasized and warned:
They will lead us into depression and war. Don’t be the fourth stooge. Buy gold, silver and Bitcoin. It’s time to be smarter and richer.
NEWS CONTINUES BELOW
Kiyosaki has repeatedly expressed his concerns that significant economic turmoil may occur in the near future. In December 2023, he warned that the next crash could turn into a depression. He also expressed concern about a giant market crash, a war, and truly difficult times ahead for millions of people. Moreover, Kiyosaki suggests preparing for hyperinflation and suggests Bitcoin as a potential hedge against these economic challenges.
The famous author has been advising investors to buy gold, silver and Bitcoin for some time. He even recommended purchasing Bitcoin exchange-traded funds (ETFs), which the Securities and Exchange Commission (SEC) may soon approve. In November last year, Kiyosaki urged investors to get into BTC “before it is too late.” Emphasizing that Bitcoin provides lifelong financial security and freedom, Kiyosaki predicted that BTC is heading towards $135,000 and will become invaluable when the Federal Reserve launches a central bank digital currency (CBDC).