Wealthy Dad Poor Dad writer Robert Kiyosaki believes that the world is in bother amid a monetary system that runs on inflation and foreign money debasement.
Kiyosaki tells his 2.6 million followers on the social media platform X that the US has a historical past of devaluing its foreign money on the expense of Individuals saving their wealth within the greenback.
The perfect-selling writer refers back to the greenback as “pretend cash,” highlighting that the federal government can at all times print extra out of skinny air.
“I finished trusting my authorities in 1965 once I seen our silver cash have been now alloys of cooper.
In 1971, President Nixon continued the theft of our wealth by way of our cash, when Difficult Dicky Nixon took the US greenback off the gold customary…
If you don’t [like] being ‘bent over’ and your wealth stolen by way of your pretend cash…. Hold being ignorant, working onerous for pretend cash, and proceed listening to monetary planners who will let you know what to do along with your pretend cash.”
Kiyosaki calls on traders to as an alternative retailer their wealth in scarce belongings like gold, silver and Bitcoin (BTC). He notes that investing in these three commodities can save folks within the occasion of a extreme monetary disaster.
“THANK YOU gold, silver and Bitcoin HODLERS…
At the moment one of the best belongings in your cash are actual gold, silver, and Bitcoin.
The world is about to crash financially.
Please take care.”
Final month, Kiyosaki stated he plans to build up about 100 BTC no matter value. He notes that he’s snug buying and selling his {dollars} for “actual cash” like BTC regardless of Bitcoin’s rising costs.
“At the moment I personal 73 complete Bitcoins.
A yr from now, I intend to personal 100 Bitcoin, no matter value.”
At time of writing, Bitcoin is value $97,222.
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