Robert Kiyosaki, who wrote the best-selling financial book “Rich Dad, Poor Dad,” predicts that the dollar will collapse in January following the Federal Reserve’s turn in monetary tightening. As the Fed continues to raise interest rates, Robert Kiyosaki believes that Bitcoin is one of the current investment targets worth starting.
Robert Kiyosaki Predicts Dollar Collapse
Robert Kiyosaki, author of “Rich Dad Poor Dad”, issued another dire warning on the dollar this week, predicting that it will collapse within a few months.
After the pound slumped and the Bank of England took emergency action, announcing it would buy long-term government bonds to stem the crisis in the government bond market, RobertKiyosaki tweeted on October 2, “Will the dollar follow the pound (fall)? I believe it will.”
Robert Kiyosaki went on to add:
I believe that the dollar will collapse in January 2023 after the Fed’s policy shift.
In a follow-up post, he emphasized,As the Fed keeps raising rates, this will provide buying opportunities for gold, silver and bitcoin, as any dips are ultimately riches, he wrote:
Buying Opportunity: If the Fed keeps raising rates, the dollar will strengthen, sending gold, silver and bitcoin lower. Take the time to buy more.
He continued, “When the Fed adjusts and cuts rates, you can’t help but laugh and everyone else just has to cry.”
Robert Kiyosaki: Bitcoin is the “people’s currency”
This is not the first time that Robert Kiyosaki has predicted the “big collapse of the dollar”. He said as early as 2018 that due to the reckless printing of a large amount of money by the US government, “the dollar is a scam”, and he also said that the dollar will soon be destroyed by gold and silver. And Bitcoin collapsed, and Bitcoin and cryptocurrencies are the “people’s currency”.
In March of this year, it was warned that the dollar was about to collapse, and investors were advised to buy Bitcoin, Ethereum and Solana (SOL).
In addition, Robert Kiyosaki also said in September that the US Federal Reserve and the Treasury Department are destroying the dollar, causing people to turn to cryptocurrencies that are not controlled by the government, calling on investors to quickly jump into the embrace of cryptocurrencies.
This article predicts that “the dollar will collapse in January next year”! Robert Kiyosaki: Seize the opportunity to buy more Bitcoin first appeared on Blocker.