The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has reiterated his recommendation for bitcoin, gold and silver. Emphasizing that the government bailouts began after the collapses of Silicon Valley Bank and Signature Bank, Kiyosaki warned that the Fed will inject more “fake money” into the “sick economy.”
Robert Kiyosaki ‘hard landing’ warning
Rich Dad Poor Dad author Robert Kiyosaki warned of an impending economic “hard landing” Monday after regulators closed two major banks in the US. Rich Dad Poor Dad is a 1997 book written 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 book have been sold in more than 51 languages in more than 109 countries.
Kiyosaki tweeted:
The rescues begin. More counterfeit money to invade sick economy. I still recommend the same answer. Buy more gold, silver, bitcoin. Take care. Crash landing ahead.
On Sunday, the US Department of the Treasury, the Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) released a joint statement stating that Silicon Valley depositors Bank and Signature Bank will have access to all of your money and there will be no related losses. by taxpayers. The Federal Reserve Board also announced that it will make additional funds available to eligible depository institutions.
Kiyosaki calls the US dollar “counterfeit money” because it is backed by the full faith and credit of the US government, rather than pegged to “real money” like gold, he explained earlier.
The renowned author has long advised investing in gold, silver and bitcoin, which he recently touted as “best for unsettled times.” In a recent warning, he predicted that “everything will collapse.” In December of last year, he suggested that investing in gold, silver and bitcoin would generate wealth when the Fed turns over and prints trillions of dollars.
Earlier this month, he warned that the world economy is on the verge of collapse, warning of bank runs, frozen savings and bailouts. Before Signature Bank closed, he predicted that another bank would collapse. In January, he said that we are in a global recession, and warned of rising bankruptcies, unemployment and homelessness.
What do you think of Rich Dad, Poor Dad author Robert Kiyosaki’s predictions and advice? Let us know in the comments section.
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