Robert Kiyosaki states that the global economy is experiencing a downturn, he views inflation as a form of theft, and he considers traditional paper currency (fiat money) to be a dangerous trap. He strongly advises immediate changes towards investing in Bitcoin, Gold, and Silver.
Facing Recession and Inflation, Robert Kiyosaki Urges Shift From Fiat to Bitcoin and Hard Assets
In simpler terms, Robert Kiyosaki, well-known for his influential book Rich Dad Poor Dad, has stated that the world is currently experiencing a recession. His book, popular in numerous languages, offers unique insights about wealth, money management, and financial independence, impacting millions globally.
On March 28, Robert Kiyosaki expressed on social media platform X: “Is the world currently experiencing a recession? In my opinion, it is. I’ve been trying to alert people ever since I wrote Rich Dad’s Prophecy in 2012.” He underscored that it’s still possible to adjust and make necessary changes, strongly stating:
As a crypto investor, I can’t help but notice the economic landscape around us. It seems we’re navigating through a global recession, and that’s not all – inflation rates are on the rise, and unfortunately, so is unemployment.
The crucial point here is: How will you navigate through this economic downturn? Will it lead to increased wealth or financial strain for you? That decision lies with you, and fortunately, education can be a free resource for you. So, be cautious yet optimistic; let this recession serve as an opportunity for growth and transformation in your life – something that only you hold the power to achieve.
In a continuation of his consistent stance on sound financial practices, Kiyosaki emphasized: “The wealthy continue to accumulate wealth: Over numerous years, I’ve advocated that people should not hoard ‘phony money,’ which refers to fiat currency issued by the government. Instead, I have consistently advised saving authentic gold and silver coins, and more recently, bitcoin.
Acknowledging that “most people work for and save ‘fake money,’” Kiyosaki noted:
As the costs of gold, silver, and bitcoin increase… the buying capacity of individuals who earn or accumulate what is essentially worthless currency (fiat money) decreases… due to the hidden robbery commonly referred to as ‘inflation,’ carried out by governments.
Kiyosaki advised his 2.7 million followers on X: “It’s important that you increase your wealth rather than losing it. I encourage you to begin accumulating gold, silver, and bitcoin.”
In simpler terms, he considers silver to be the most underappreciated among the three investments over the next couple of months. He predicts that silver’s price could reach as high as $70 per ounce by the end of this year and potentially $200 within a year or two.
This well-known writer frequently advises against the use of fiat money, expresses concerns about inflation, and foresees economic instability. He strongly supports tangible assets such as gold, silver, and bitcoin for financial freedom, and urges everyone to take charge of their learning, their finances, and their future.
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2025-03-30 04:00