In an attempt to respond to the COVID-19 pandemic period at the time, the Fed resorted to the mass printing of money. The American businessman has been a strong supporter of asset classes that the Fed cannot directly manipulate since May 2020. The pro-crypto stance also isn’t a new for Kiyosaki. The dip came just days after the country’s highest tax cuts in 50 years.Įarlier this year too Kiyosaki argued that this is the onset of the “biggest economic crash in history.” On 26 September, GBP fell to $1.03, an all-time low. Kiyosaki also envisions that the US dollar crash is likely to happen by January 2023, following the footsteps of the British pound (GBP). So the writer’s tweets are of enormous significance and influence. Besides, Kiyosaki has 2.1 million followers. Although the book is several decades old now, it has been on the New York Times Best Seller List for over six years. Rich Dad Poor Dad, Kiyosaki’s well-known work published in 1997, is one of the most famous books on personal finance out there, and its popularity hasn’t waned. The opinion came to light via a tweet shared on 2 October 2022.
The writer recommends that users “BUY more” of Bitcoin, silver, and gold, since the prices of all three are likely to drop if the Fed hikes continue. Trust gold and silver-gods money crypto-peoples money.As the US Federal Reserve continue to raise interest rates, the famous American author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has come out in support of Bitcoin, calling it one of the investments to buy. He explained that by definition, “Money is an idea backed by confidence representing work truly done and is exchangeable.” The Rich Dad Poor Dad author concluded: “Paying people not to work destroys confidence in government $ and exchange of $.
Rich dad poor dad author free#
While emphasizing that most people want free money, even himself, Kiyosaki questioned, “What is the price of free money?” Assuming the role of a financial literacy teacher once again, Kiyosaki asked his Twitter followers how free money could destroy the U.S.
If company payroll for 8 weeks $1 million, banks will give $1 million loan. “Small biz entrepreneurs offered payroll for employees for free,” he tweeted on Thursday, a day before the program was expected to go live. government’s Paycheck Protection Program (PPP), which promises $350 billion to small businesses affected by the coronavirus pandemic.
Rich dad poor dad author series#
Kiyosaki’s tweet advocating for bitcoin on Saturday was one in a series responding to the U.S. dollar is a scam and people should buy bitcoin. It was called the reserve currency of the world … and then came bitcoin or cybercurrency.” Robert Kiyosaki, author of Rich Dad Poor Dad, the best-selling book with 32 million copies sold, has been saying that the U.S. In August 2018, he proclaimed that “The US dollar is a scam,” adding that “the dollar is toast because gold and silver and cybercurrency are going to take it out.” The best-selling author was also quoted as saying: “The US Dollar is gone … In the year 2000 there was one currency, the US Dollar. This is not the first time Kiyosaki has advocated for bitcoin. The book teaches the importance of financial literacy, financial independence and building wealth through various methods, such as investing in real estate and owning your own business. It has been on the New York Times Best Seller List for over six years. Over 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. If government gives you free money, take it yet spend it wisely.
From his Twitter account with over 1.3 million followers, he wrote on Saturday: “Death of dollar. government is giving to small business owners on the U.S. The author of Rich Dad Poor Dad has chimed in on the impact of the free money the U.S. The best-selling author also explained the cost of free money.Īlso read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Take Free Government Money and Buy Bitcoin dollar and how one should take the government’s free money and buy bitcoin. Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S.
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