Rich Dad’s Poor Dad’s Robert Kiyosaki says he is buying Bitcoin and Ether as inflation escalates – Economics Bitcoin News

Robert Kiyosaki, author of the best-selling book “Rich Dad and Poor Dad”, revealed that he is buying more Bitcoin and Ether amid rising inflation concerns. “Inflation is a tax on the poor and the middle class. Inflation makes the rich richer,” he emphasized.

Robert Kiyosaki warns of inflation, revealing that he is buying more Bitcoin and Ether

Robert Kiyosaki, author of “Rich Dad and Poor Dad,” revealed that he is buying more Bitcoin and Ether in response to the alarming rise in inflation he has seen.

“Rich Dad and Poor Dad” is a book co-authored by Kiyosaki and Sharon Lecht in 1997. It has been on the New York Times bestseller list for more than six years. The book has sold more than 32 million copies in more than 109 countries/regions in more than 51 languages.

Kiyosaki wrote on Twitter last week:

The dollar tree became a 1.25 dollar tree. Inflation is a tax on the poor and the middle class. Inflation makes the rich richer. Be smart. Become richer. I am buying more gold, silver, Bitcoin, Ethereum, rental real estate and oil.

When he said on Twitter to buy more Bitcoin with Ethereum, According to from marketAt the time of writing, the price of Bitcoin is $57,264.26 and the price of Ethereum is $4,294.

Kiyosaki has warned of inflation many times before. He has also recommended Bitcoin for some time.

October, author of the famous rich dad and poor dad Tweet President Biden and the Federal Reserve are “exploiting the poor” and predict that the United States will fall into a depression. He pointed out that Biden and the Fed “need inflation to prevent a new depression”, claiming that both are “corrupt.” He warned that a huge crash was imminent, followed by a new depression. Then he advised people to buy gold, silver and bitcoin.

May, Kiyosaki Tweet “The Fed wants inflation to repay debt in cheaper dollars,” and pointed out that “the Fed will raise interest rates, leading to the collapse of stocks, bonds, real estate, and gold.” The famous author added that the “biggest problem” is “baby boomers.” Retirement” emphasizes that Social Security, Medical Insurance and the United States are all “bankrupt.” Noting that the Fed will print “more counterfeit currency”, he advised investors to “stick to gold, silver and bitcoin.”

What do you think of Robert Kiyosaki’s comments and investment choices? Please let us know in the comments section below.

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