- The author of ‘Rich Dad, Poor Dad’ is buying the Bitcoin dip
- He explains that the problem is not Bitcoin or Elon, but the Fed, Treasure and President Biden printing more USD
- He reiterated that Gold, Silver and Bitcoin are the solutions to inflation and a weakening Dollar
The author of the popular financial independence building book of ‘Rich Dad, Poor Dad’, Robert Kiyosaki, has stated that he is planning on buying the current Bitcoin dip. According to Mr. Kiyosaki, neither Elon Musk nor Bitcoin is the problem right now. The ongoing problems in the US financial system are a result of actions by the US Fed, Treasury and President Joe Biden.
Mr. Kiyosaki shared his input on the current financial state of the United States through the following tweet.
After 2008 Subprime Crash Fed and Treasury printed $700 billion. 2021 Fed and Treasury to print $7 trillion. Biggest crash in history coming. Worst investment FANG stocks Anyone not buying gold silver Bitcoin now is an idiot.
— therealkiyosaki (@theRealKiyosaki) April 11, 2021
A Financial Crash is Coming, Save More Gold, Silver and Bitcoin
In a similar Twitter commentary, Mr. Kiyosaki warned that there is a high probability of an economic crash happening in the United States in the near future. He once again recommended buying gold, silver and Bitcoin. His exact statement was as follows.
ARE YOU READY? Boom, Bust, Mania, Crash, Depression. Mania In markets today. Prepare for biggest crash, depression in world history. What will Fed do? Print more money? Save more gold, silver Bitcoin.
The US Dollar is Being Destroyed, The End of the American Empire is Near
Mr. Kiyosaki went on to warn that the United States dollar is being destroyed through the ongoing money printing by the Fed. Consequently, the American empire is in the process of being destroyed as explained in the following tweet.
Paying people trillions not to work is insanity. The dollar is being destroyed. The end of the American Empire is near. Is war on the horizon? Our leaders are losers. God have mercy on us.
— therealkiyosaki (@theRealKiyosaki) May 2, 2021
He also pointed out that over $7 Trillion has been printed in 2021 which is many times higher than the $700 Billion printed after the 2008 financial crisis. He explained.
After 2008 Subprime Crash Fed and Treasury printed $700 billion. 2021 Fed and Treasury to print $7 trillion. Biggest crash in history coming. Worst investment FANG stocks Anyone not buying gold silver Bitcoin now is an idiot.
