
Rich Dad Poor Dad writer Robert Kiyosaki has cautioned that fiat wealth is not safe, emphasizing that central banks are buying golden to prevention themselves. He urged investors to safeguard themselves against cardinal bankers and reiterated his proposal to put successful gold, silver, and bitcoin.
Is Fiat Money Safe? Robert Kiyosaki Says ‘Hell No’
The writer of Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to support themselves from cardinal bankers, emphasizing that fiat wealth is not safe. Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.
The celebrated writer wrote connected X Saturday:
Central banks similar Fed are buying gold. Does this mean fiat wealth is safe? Hell no!
“Central bankers are redeeming themselves from their ain incompetence, that’s wherefore they bargain gold. Their occupation is to support the banks not you. Get smart. Protect yourself from cardinal bankers: Save gold, silver, bitcoin,” Kiyosaki advised.
Central banks astir the satellite maintained their appetite for golden successful the 3rd quarter, with purchases totaling 337 metric tons, according to the World Gold Council. This surge successful buying has propelled year-to-date purchases to a grounds precocious of 800 metric tons.
Kiyosaki has consistently issued warnings regarding fiat currencies, referring to them arsenic “fake money.” In contrast, helium calls golden and metallic “God’s money” and considers bitcoin arsenic “people’s money.” In September, helium said “crypto is the future,” noting that fiat wealth is “toast.” He has urged investors to get into gold, silver, and bitcoin arsenic soon arsenic possible.
The renowned writer has besides repeatedly warned astir the demise of the U.S. dollar. He blames the Federal Reserve for causing ostentation and collapsing the U.S. economy. In July, helium predicted that the end of the USD is near. In April, helium said America is dying, informing of the impending death of the U.S. dollar. Moreover, helium expects BTC to go priceless erstwhile the Fed starts issuing a cardinal slope integer currency (CBDC).
Do you hold with Rich Dad Poor Dad writer Robert Kiyosaki that fiat wealth is not safe? Let america cognize successful the comments conception below.