Kevin Helms
A student of Austrian economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of finance and cryptography.
Robert Kiyosaki Predicts US Dollar Will Crash By January – Suggests Buying Bitcoin – Finance Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the US dollar will crash by January next year after the Federal Reserve swings. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.
Robert Kiyosaki predicts an imminent fall of the US dollar
Rich Dad Poor Dad author Robert Kiyosaki is back with a dire warning about the US dollar, predicting that the USD will crash in a few months.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages in more than 109 countries.
After the British pound rallied against other currencies and the Bank of England took emergency measures with a bond-buying program to calm markets, Kiyosaki tweeted on Saturday: “The British pound died this week.”
The famous author shared his expectations in another tweet: “Will the US dollar follow the British pound? I think it will.” He added:
I think the US Dollar will crash by January 2023 after the Fed swings.
In a follow-up tweet on Sunday, Kiyosaki emphasized that as the Federal Reserve continues to raise interest rates, there will be buying opportunities in gold, silver and bitcoin. The acclaimed author noted that crashes are good times to get rich:
Buying opportunity: If the Fed continues to raise interest rates, the US $ will strengthen and cause gold, silver and bitcoin prices to fall. Buy more.
“When the Fed swings and lowers interest rates … you will smile while others cry,” he noted.
This was not the first time Kiyosaki has predicted the end of the US dollar. He said earlier this year that the USD was about to implode, noting that the Fed and the Treasury are destroying the dollar. Last month he said the end of fake money is here.
Also, Kiyosaki has warned that the Fed raising interest rates will destroy the US economy, and advised investors to invest in “real money”, naming bitcoin as one of the investments. He also urged investors to get into crypto now, before the biggest financial crash in world history happens.
What do you think of Robert Kiyosaki’s predictions about the US economy and dollar crash? Let us know in the comments section below.
Image credit: Shutterstock, Pixabay, Wiki Commons
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