Robert Kiyosaki is the famous author of Rich Dad Poor Dad. He predicted that the U.S. Dollar would crash in January 2023 after the Federal Reserve pivots. As the Fed raises interest rates, he named bitcoin as one investment to consider.
Several years after the release of his book Rich Dad Poor Dad, Robert Kiyosaki has returned with a dire warning regarding the U.S. Dollar. It will take a few months for the United States Dollar to crash, according to him.
Rich Dad Poor Dad was co-authored in 1997 by Sharon Lechter and Kiyosaki. For six years, it has been on The New York Times Best Sellers List. The book has been translated into more than 51 languages in more than 109 different countries.
According to Robert Kiyosaki, the US dollar is about to crash
Kiyosaki tweeted Saturday that the English pound died after it fell against other currencies, and that the Bank of England took emergency action by buying bonds to calm markets.
In another tweet, the famous author expressed his belief that the U.S. Dollar would follow the English Pound Sterling. “I believe it will,” he said.
After Fed pivots, I believe the U.S. Dollar will crash in January 2023.
Kiyosaki stated in a follow-up tweet that the Federal Reserve will continue to raise interest rates. This means there will be buying opportunities for gold, silver and bitcoin. The renowned author noted that crashes are great times for getting rich.
Buy now: If the Fed keeps raising interest rates, the US dollar will strengthen. This will cause gold, silver and bitcoin prices to drop. Get more.
He noted that “When the Fed pivots or drops interest rates, you will smile while other people cry.
It was not the first time Kiyosaki predicted the demise of the U.S. Dollar. He stated earlier this year that the USD was on the verge of imploding and that the Fed, Treasury and Treasury were destroying USD. He stated last month that the end of fake money was here.
Kiyosaki also warned that raising interest rates by the Fed will cause the U.S. to crash. He advised investors to invest ” real cash” and he named bitcoin as one of his investments. Investors were also advised to invest in crypto now before the most severe economic crisis in history.