Currently, systemic inflation is rampant and threatens to make everything more expensive. All sectors are affected by this excessive price increase. Faced with this situation, players in the financial sector recommend that investors invest in assets that will retain their value. On March 29, Robert Kiyosaki, famous author of the book “Rich Dad Poor Dad”, reacted on the subject, on Twitter. Here is what the American entrepreneur specializing in personal development advised investors.
Bitcoin (BTC), one of the few assets able to resist inflation!
On March 29, Robert Kiyosaki reiterated his unconditional support for bitcoin (BTC). Indeed, he once again urged consumers to invest in crypto to keep up with inflation. He believes that the latter is not transitory, it is necessary to turn to assets that can resist it. He explained that bitcoin and gold are among the latter. In addition, both assets will increase in value over time. In this context, Kiyosaki encourages investors to accumulate bitcoins as much as possible.
The finance guru also urges consumers to invest in big brands. He recommends that investors take advantage of the sales period for these before a considerable increase in prices. Kiyosaki highlighted that it is aimed specifically at those who do not have apoor or middle class mentality“. It must be said that through his approach, the famous author could revolutionize the way people invest their money.
Fed will help push up inflation, says Kiyosaki
Kiyosaki said the U.S. Central Bank is preparing to print more money to bail out troubled banks. According to him, this situation will reinforce inflation. The author of “Rich Dad Poor Dad” also indicated that rising interest rates could threaten the future of capitalism.
It should be clarified that Kiyosaki has previously said that the Fed Chairman is being insincere about inflation. Indeed, the author considers that Jerome Powell is lying by not admitting that inflation will continue to rise.
Some consider Kiyosaki’s warnings to be alarmist and exaggerated. For others, investors should worry about the current precariousness of the global economy. To this end, they would have to think of finding an escape from the banking crisis, with cryptos for example.
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