Bitcoin Becomes More Relevant as “Real Inflation” Hits 16%, not 7%: “Rich Dad, Poor Dad” Author

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

“Rich Dad, Poor Dad” author theRealKiyosaki says Bitcoin is real money as the US debt and “real inflation” spike. $BTC

, who authored the bestselling book on financial literacy “Rich Dad, Poor Dad”, has taken to Twitter to share why Bitcoin has become more relevant under the current macroeconomic conditions.Kiyosaki again reminded his audience about his most famous book “Rich Dad, Poor Dad”, which was published 25 years ago, in which he said that “savers are losers”. The book speaks about the importance of financial self-education and studying the sphere of investment.

He then repeated one of his frequently mentioned thoughts that Bitcoin, gold and silver have become much more important now than before, because BTC and gold are stores-of-value. He has been tweeting this thesis from time to time since 2020 and the beginning of the pandemic when BTC crashed below $4,000. As for silver, Kiyosaki believes that it is going to gain more value in the coming years, as it is used in the various industries, as well as gold itself.

Today, Kiyosaki tweeted, US debt has grown to 100s of trillions of USD. The real inflation is not 7 percent but a whole 16 percent. The recent rises of the interest rates by the Fed Reserve “will destroy the economy”, he adds.SAVERS ARE LOSERS. 25 years ago, in RICH DAD POOR DAD I stated savers are losers. Today, US debt in 100s of trillions. REAL INFLATION is 16% not 7%. Fed raising interest rates will destroy US economy. Savers will be biggest losers. Invest in REAL MONEY.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

theRealKiyosaki Kiyosaki deepstate 😡

theRealKiyosaki theRealKiyosaki the more you punt BTC which has NO intrinsic value, the more you look like you're either ignorant, bought by corrup players, or an old timer 'has been'... don't do it, if anything, rather stick to punting silver and gold. Unless you are one of the above?

theRealKiyosaki Aint you surprised that nobody is talking about this

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This Teen Came Up With a Creative Way to Teach Her Misbehaving Dad a Lesson & Reddit is ApplaudingOne teen isn't allowing her father to continue his bad behavior and quite frankly, Reddit is totally here for it.
Source: SheKnows - 🏆 558. / 51 Read more »

CAUGHT ON CAMERA: Airborne shark lands on teen fishing in boatThe moment was captured by the 16-year-old angler’s dad, who was up on the bridge with his camera. Not Cleveland news. Do your job. Lazy worthless 'journalists'. Cleveland is in desperate need of legit journalism and it simply does not exist in this city.
Source: cleveland19news - 🏆 70. / 68 Read more »

'Black Swan' author Nassim Taleb says bitcoin and real-estate are market 'tumors' caused by Fed's easy moneyIn an interview with CNBC, author and investors Nassim Taleb names bitcoin and real estate as potential market "tumors" resulting from easy... That's a bad say from this man. Bitcoin is actually the it!. His overthinking head is the real tumour. He doesn’t understand what Bitcoin is or he is one of those Fiat Ponzi scheme supporting scum. GFY
Source: MarketWatch - 🏆 3. / 97 Read more »

Prince Harry's Best Dad Moments So FarPrince Harry's reflection on fatherhood will touch your heart. These are his best dad moments over the years!
Source: SheKnows - 🏆 558. / 51 Read more »

15 People Who Had A Much Worse Week Than You, Me, Or AnyoneFeaturing food, dad texts, celeb social media snafus, and more. sometimes I need to relax my brain cells with stuff like this
Source: BuzzFeed - 🏆 730. / 51 Read more »

How Agatha Christie Created the Modern Murder MysteryAnyone who has ever seen a Charlie Chan movie, or played Clue, or read a detective story of the past half century will recognize the classic whodunnit scenario created by Agatha Christie. The beloved novelist was born on this day in 1890. Greatness ❤️💐🎈 Just finished reading Murder on the Orient Express. I couldn’t put it down! Can’t wait to read her other books. I read a lot of her books and saw all the screen adaptations. Thank you for sharing this 🙏
Source: NewYorker - 🏆 90. / 67 Read more »