Comments from the leading legends of the financial world attract the attention of investors! Expert Robert Kiyosaki recommended Bitcoin (BTC) and these assets! Here are the details…
Robert Kiyosaki suggested BTC and these assets for the “fatal crash”!
cryptocoin.com Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad’, has given a stern warning about the effects of inflation on the American middle class and the effects of the government’s decision on oil. According to Kiyosaki in an interview broadcast on Vlad TV on March 27, the rising cost of oil and the government’s move towards green energy policies will ultimately lead to high inflation that will have deadly consequences and potentially wipe out the middle class.
Kiyosaki, who previously suggested Bitcoin in his comments, emphasized the vital role of oil in powering society, suggesting that government policies on commodities will eventually “toast” the middle class. The words of the expert are as follows:
When the middle class disappears, you only have two classes of people, rich and poor, and our civilizations run on oil. Oil skyrocketed because Joe Biden is a green new deal guy. It’s killing our middle class. Inflation is skyrocketing and it’s going to kill people. I don’t know how people survive today.
He also criticized President Biden’s decision to withdraw from Afghanistan, claiming that this caused Saudi Arabia to join forces with Russia and increase oil prices. Continuing his comments on the leading cryptocurrency Bitcoin (BTC) in his comments in the past weeks, he predicts that he can avoid the deadly collapse with BTC and precious metals such as gold and silver.
“As inflation rises, assets like Bitcoin, gold and silver are the only solution!”
In recent months, Kiyosaki has increasingly emphasized the consequences of rising inflation in the US and blamed the Federal Reserve. The finance educator had previously described current inflation as systematic and said he was “lying” when he blamed the Fed chairman to say that inflation was temporary. The author pointed out that capitalism also faces a threat from inflation, encouraging investors to take advantage before the situation becomes permanent. Kiyosaki continues to advocate investing in gold, silver and Bitcoin (BTC) and believes these assets are an ideal cushion against economic downturn.
At a time when the US dollar is in danger of losing its status as the global reserve currency, the author also casts doubt on the sustainability of the dollar. According to one report, Kiyosaki warned that the dollar would return as “a wave of toilet paper on America.” Again, the author has long held strong views on the American currency and has recently predicted that the long reign of the US dollar as the world’s reserve currency may come to an end. The author went so far as to call the dollar “toilet paper.”
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