‘Rich Dad’ R. Kiyosaki warns of dollar collapse and hyperinflation
Amidst the strong performance of the stock and crypto market, Robert Kiyosaki, the acclaimed investor and author of the best-selling personal finance book ‘ Rich Dad Poor Dad ,’ has decided to share some ominous what-if scenarios for dollar and hyperinflation. More precisely, he pointed his finger at the White House, Federal Reserve, and Treasury and asked what if, instead of deflation, we had a case of hyperinflation and dollar crash due to their mistakes in his latest post on X on January 11. He said that is why he bought five more Bitcoin (BTC) on the same day as a failsafe mechanism. INFLATION or DEFLATION? What if the PhDs at White House, Treasury & Fed put economy into HYPERINFLATION? I hope not…but what if our leaders F’up, the dollar collapses and we have HYPERINFLATION? That’s why I bought 5 more Bitcoin today. What are you going to do? Trust your… — Robert Kiyosaki (@theRealKiyosaki) January 11, 2024 Just recently, Kiyosaki blamed U.S. President Joe Bi...