Kiyosaki: 'Giant Market Crash' Looms as Fed Keeps Printing 'Fake Money'

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CRYPTOCURRENCY,INVESTMENT,ECONOMY

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' believes a 'giant market crash' is imminent due to continued money printing by central banks. He advises investing in Bitcoin, gold, and silver as safe-haven assets.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Robert Kiyosaki, a renowned investor, entrepreneur, and the author of the popular classic book on finances 'Rich Dad Poor Dad', has delivered big news in his today’s X post. Kiyosaki stunned the community with a statement that the markets are experiencing a 'giant crash'. His explanation for this situation is that the Fed Reserve, Treasury, banks, and Wall Street continue to print money and this 'makes things worse'. He stated that when the aforementioned entities print 'fake money', the rich, who own 'real assets' only increase their wealth, while those who save fresh-printed 'fake money' 'get poorer due to inflation and taxes'. A: Because the idiots running the Fed, Treasury, Banks, and Wall Street only know how to print money, which makes things worse. For this very reason, Kiyosaki said that he remains 'so bullish' but not only on Bitcoin, but also on gold and silver – he considers all of them to be safe-haven assets to rely on during difficult times for markets and the economy. 'Save Bitcoin,' he tweeted. Kiyosaki first began to cite the reason the US government printed US dollars for huge Bitcoin growth in the future back in 2020, when the pandemic struck the world. The US, along with other large countries, began supporting households and businesses by issuing financial assistance

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