Kitco News recently had an interview with Robert Kiyosaki, in which he discussed his most current ideas on inflation and cryptocurrency.
Throughout the current COVID-19 pandemic, Kiyosaki has been critical of the Federal Reserve’s response to the resulting economic fallout, and he has urged his large social media following to protect themselves from what he believes will be inevitable high inflation (and possibly hyperinflation) in the future by investing in silver, gold, and Bitcoin instead of fiat currency.
Gold and silver are God’s money. Bitcoin is open source people’s money
Robert Kiyosaki
Robert Kiyosaki’s Warning about inflation
He recently said the following on inflation in the United States in an interview with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research, on April 8:
Inflation goes up and the average American doesn’t have $1000 bucks. Forty percent of Americans don’t have $1000 bucks. So when inflation goes up, we’re going to wipe out 50% of the population, and that is when revolution starts.
Why He Invested In Solana
The best deals are always done early. When people say, ‘Do you invest in Bitcoin?’, my answer is yes, when it was $6,000. Solana is still early, and it’s got a possibility, it’s a long shot.
