Robert Kiyosaki’s Warning: Hyperinflation Risk in the US?
Robert Kiyosaki, a prominent advocate of ‘real money’ including gold, silver, and bitcoin, recently issued a warning about a potential gold-backed stablecoin being considered by BRICS countries. He believes that such a move could lead to hyperinflation in the US and advised individuals to seek refuge in tangible assets.
– The Sunday warning from Kiyosaki was directed at a proposal by Brazil, Russia, India, China, and South Africa (BRICS) to explore the idea of a gold-backed stablecoin for international trade.
– Reports suggest that this stablecoin could reduce reliance on the US dollar for trade and payments among these powerful economies.
– Kiyosaki fears that an influx of USD, which he deems as ‘fake money,’ could return to the US, triggering hyperinflation and potentially destabilizing the American economy.
– He has previously been vocal about the US economy being in a depression and has emphasized the lack of a soft landing strategy.
Consider Investing in Bitcoin, Gold, and Silver
Robert Kiyosaki, renowned for his book ‘Rich Dad, Poor Dad,’ is a strong advocate of bitcoin, gold, and silver as reliable investment assets. He consistently refers to these assets as ‘real money’ and suggests that they can serve as a hedge against the devaluation of the US dollar.
– Kiyosaki recommends investing in bitcoin, gold, and silver as a way to protect against a potential crash of the US dollar.
– He has previously stressed the importance of these assets in preserving and growing wealth in uncertain economic conditions.
– In a recent discussion, Kiyosaki outlined six rules to navigate a turbulent market, with one of them highlighting the significance of holding bitcoin.
Hot Take on Kiyosaki’s Warning
Robert Kiyosaki’s cautionary message regarding the potential hyperinflation risk in the US as a result of a gold-backed stablecoin by BRICS countries underscores the importance of diversifying one’s investment portfolio. By considering alternative assets like bitcoin, gold, and silver, individuals can mitigate the impact of economic uncertainties and safeguard their financial well-being in the long run.
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