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Rich Dad Poor Dad’s Robert Kiyosaki Says the Fed and Treasury Are Destroying the Dollar, Advises Saving Bitcoin – Featured Bitcoin News

by 198 Philippines News
February 6, 2022
in PHILIPPINES CRYPTO NEWS
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Rich Dad Poor Dad's Robert Kiyosaki Says Fed and Treasury Are Destroying the dollar, Advises Saving in Bitcoin

The well-known creator of the best-selling ebook Wealthy Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are destroying the U.S. greenback. Noting that they’re sending billions of greenback savers and uninformed traders to “monetary hell,” he suggested, “Save gold, silver, and bitcoin.”

Robert Kiyosaki’s Warning and Recommendation

Robert Kiyosaki, the creator of Wealthy Dad Poor Dad, tweeted this week that the Federal Reserve and the U.S. Treasury Division are “destroying the greenback.”

Wealthy Dad Poor Dad is a 1997 ebook co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Greatest Vendor Listing for over six years. Greater than 32 million copies of the ebook have been offered in over 51 languages throughout greater than 109 nations.

Kiyosaki wrote, “There are one million paths to monetary heaven and a billion paths to monetary hell,” including:

Fed and Treasury [are] destroying the greenback sending billions of greenback savers and uninformed to monetary hell. Go to monetary heaven. Save gold, silver, and bitcoin.

This isn’t the primary time the well-known creator has warned concerning the Fed and the Treasury hurting the economic system and particular person traders.

In December final 12 months, Kiyosaki tweeted a warning that the Fed and U.S. President Joe Biden are “pushing pretend inflation.” He predicted an imminent, huge crash that shall be adopted by a melancholy.

Kiyosaki additionally stated in October final 12 months that Biden and the Fed are “ripping off poor individuals,” reiterating that the U.S. is sliding right into a melancholy. “Inflation rips off the poor. Inflation makes [the] wealthy richer,” he pressured. The well-known creator additionally tweeted in the identical month:

I really like bitcoin as a result of I don’t belief [the] Fed, Treasury, or Wall Road.

Kiyosaki has been recommending that traders purchase gold, silver, and bitcoin for fairly a while.

In January, the well-known creator stated it was nice information that the worth of bitcoin was crashing. He added that he’ll purchase extra BTC when the worth of the cryptocurrency checks $20K. In November, he stated he may even purchase ether as inflation fears escalated.

What do you consider Robert Kiyosaki’s recommendation? Tell us 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.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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

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