Tuesday, January 25, 2022

Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Buying Bitcoin and Ether as Inflation Escalates – Economics Bitcoin News

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The creator of the best-selling e-book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he’s shopping for extra bitcoin and ether amid rising inflation issues. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he burdened.

Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether

Robert Kiyosaki, the creator of Rich Dad Poor Dad, has revealed that he’s shopping for extra bitcoin and ether in response to the alarming rise he sees in inflation.

Rich Dad Poor Dad is a 1997 e-book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the e-book have been offered in over 51 languages throughout greater than 109 international locations.

Kiyosaki tweeted final week:

Dollar Tree turns into $1.25 Tree. Inflation is a tax on the poor and center class. Inflation makes the wealthy richer. Get sensible. Get richer. I’m shopping for extra gold, silver, bitcoin, ethereum, rental actual property, and oil.

When he tweeted about shopping for extra BTC and ETH, the value of bitcoin was about $56,267 whereas ether was buying and selling at $4,238 primarily based on information from Bitcoin.com Markets. At the time of writing, the value of bitcoin is $57,264.26 and ether is buying and selling at $4,294.

Kiyosaki has beforehand warned about inflation on a number of events. He has additionally been recommending bitcoin for fairly a while.

In October, the well-known Rich Dad Poor Dad creator tweeted that President Joe Biden and the Federal Reserve are “ripping off poor people,” predicting that the U.S. is sliding right into a despair. He famous that Biden and the Fed “need inflation to prevent new depression,” claiming that the 2 are “corrupt.” He warned {that a} big crash is coming, adopted by a brand new despair. He then really helpful individuals purchase gold, silver, and bitcoin.

In May, Kiyosaki tweeted that the “Fed wants inflation to pay debt with cheaper dollars,” noting that the “Fed will raise interest rates causing stock, bond, real estate & gold crash.” The well-known creator added that the “biggest problem” is “boomer retirement,” emphasizing that social safety, medicare, and America are “broke.” Noting that the Fed will print “more fake money,” he really helpful traders “Stick with gold, silver, and bitcoin.”

What do you concentrate on Robert Kiyosaki’s feedback and funding selections? Let us know within the feedback part under.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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