From Investing.com: 2024-05-13 07:00:40

Renowned author Robert Kiyosaki endorses buying Bitcoin and other assets to protect against an imminent U.S. dollar crash. He believes the launch of a BRICS gold-backed crypto will trigger massive USD outflows. Kiyosaki deems the dollar “fake money” and advocates for Bitcoin, gold, and silver as protection tools.

The U.S. government’s massive monetary stimulus including “survival checks” and bank bailouts has led to the printing of over $6 trillion in 2020 alone. Kiyosaki criticizes the dollar as “fake money” due to excessive printing and believes this will lead to hyperinflation. Other countries, including the EU, have also resorted to printing billions of dollars as part of quantitative easing measures.

Read more at Investing.com: ‘Rich Dad Poor Dad’ Author Sees Big New Reason for Buying Bitcoin (BTC) By U.Today