Rich Dad Poor Dad Author Predicts Largest-Ever Market Crash, Says Bitcoin and Gold Will Protect Against Inflation
The best-selling author Robert Kiyosaki predicts a historical crash on the market that will motivate a massive amount of money printing and send values of gold, silver and bitcoin (BTC) to grow.
In a new post on the Social Media Platform X, the rich with -set daddy with -set Says The US may be on the verge of an economic collapse.
“I hope I'm wrong, but as I go to bed, the biggest crash on the market, bonds and real estate is about to happen at the very end, near future.”
Kiyosaki believes the economic collapse will force the US Federal Reserve and Treasury to increase global market liquidity (M2), focusing on the US dollar.
“If the markets are crashing odds is the Fed and Treasury to print trillions in fake dollars, increasing M2 currency supply that will probably cause massive inflation. Saying only: I don't trust the Fed and Treasury. They'll return to fake money press.”
He predicts that dollar debasement will lead to inflation and higher prices for the store investment stores such as gold, silver and bitcoin.
“I trust in gold, silver and bitcoin to protect me from the upcoming massive inflation caused by the loss of power of buying fake money, which is why I have warned for many years, 'the Savior has been defeated.'
He also said silver could double in value next year, up to $ 70.
Bitcoin trades $ 101,194 at the time of writing, up to 4.4% in the last 24 hours.
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