Bitcoin Is the Ultimate Protection Against Hyperinflation, Advises Rich Dad Poor Dad Author

Robert Kiyosaki, the author of Rich Dad Poor Dad, is advising investors to prepare for hyperinflation and highlights bitcoin as the best protection.

In a social media post, Kiyosaki shared his concerns about hyperinflation, drawing parallels to Germany’s history in the 1920s and cautioning against the perceived incompetence of current government leaders. He recommended studying hyperinflation examples from Germany and Zimbabwe and emphasized the value of assets like food, guns, gold, and silver. However, he particularly expressed confidence in bitcoin, labeling it as “people’s money,” where the people control its value, not government leaders.

Kiyosaki has consistently advocated for gold, silver, and bitcoin, considering them essential for financial security during unstable times. He has previously warned about the decline of the U.S. dollar, emphasizing the importance of these assets for preserving wealth. Kiyosaki’s sentiments align with a growing concern about hyperinflation, shared by figures like former Twitter CEO Jack Dorsey and economist Peter Schiff, who foresee challenging economic conditions ahead.

Clever Robot News Desk 23^rd November 2023