Robert Kiyosaki Says “America Is Dying”: Warns Of Hyperinflation And The Death Of The US Dollar Cryptocurrencies and ICOs

Rich Dad Poor Dad author Robert Kiyosaki has issued a warning about the possible demise of the US dollar and the imminent threat of hyperinflation. He has expressed concern that the USD could lose value and “become toilet paper.” Also, youThe famous author is saddened by the US authorities bringing criminal charges against former President Donald Trump. He stated: “As crime runs rampant in our cities and voters demand ‘defund the police.’ I’m crying. America is dying.”

USD Warnings and Hyperinflation from Robert Kiyosaki

Rich Dad Poor Dad author Robert Kiyosaki has shared his concerns about the future of the United States, hyperinflation, and the possible collapse of the US dollar. Rich Dad Poor Dad is a 1997 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 book have been sold in more than 51 languages ​​in more than 109 countries.

In an “emergency podcast” he hosted Wednesday with guest Andy Schectman, owner of precious metals dealer Miles Franklin, Kiyosaki explained that the United States has violated currency laws, such as Gresham’s laws. “America has been violating all these money laws for all these years, and the world says, ‘We’ve had enough of this.’ So, they are joining the BRICS: Brazil, Russia, India, China, South Africa.” The author of Rich Dad Poor Dad emphasized:

So, trillions of dollars are coming back, and the ramifications of that are possibly… hyperinflation.

While holding up a dollar bill and waving it, Kiyosaki stressed, “That means that 70% of the world’s population that used to use the dollar will take this dollar bill and say, ‘We don’t want it anymore.’” continued:

And this thing (US dollar) goes to the trash. This becomes toilet paper. This little dollar here. Because there’s a lot of that out there.

Sharing Kiyosaki’s sentiment, Schectman detailed: “The United States and its actions have done more to destroy themselves, ourselves, in recent years than any external enemy could have done because we weaponized our source of power, which is The U.S. dollar. , and as a result we have turned most of the world away from it.”

Also, Kiyosaki is disappointed in the direction the United States is heading. Commenting on the decision by US authorities to bring criminal charges against former President Donald Trump, the author of Rich Dad, Poor Dad tweeted on Tuesday: “Tragic day in America. Dude, the former president of the United States is being prosecuted in the New York courts. His sons Don jr and Eric are also very close friends”. Kiyosaki opined:

As crime runs rampant in our cities and voters demand ‘defund the police.’ I’m crying. America is dying.

Trump has pleaded not guilty to all 34 counts of falsifying business records. He became the first former president to be charged with criminal activity.

Kiyosaki has issued multiple warnings about the possible decline of the US dollar and its status as the world’s reserve currency. He also warned that a hard landing could be imminent, with stock, bond and property markets plunging.

What do you think of Rich Dad, Poor Dad author Robert Kiyosaki’s warnings? And do you think the US dollar or the US is dying like he said? Let us know in the comments section.

kevin helms

Kevin, an Austrian economics student, found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection of economics and cryptography.