Robert Kiyosaki predicts that the US dollar will collapse in January; he suggests buying Bitcoin

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the US dollar will crash in January next year after the Federal Reserve changes course. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.

Robert Kiyosaki predicts an imminent fall in the US dollar

Rich Dad Poor Dad author Robert Kiyosaki returns with a dire warning about the US dollar, predicting that the USD will collapse in a few months.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in more than 51 languages ​​in more than 109 countries.

After the pound sterling plummeted against other currencies and the Bank of England took emergency action with a bond-buying program to calm markets, Kiyosaki tweeted on Saturday: “British pound died this week.”

The famous author shared his expectation in another tweet: “Will the US dollar follow the British pound? I think it will. He added the following:

“I think the US dollar will crash in January 2023 after the Fed changes course”

In a follow-up tweet on Sunday, Kiyosaki emphasized that as the Federal Reserve continues to raise interest rates, there will be buying opportunities in gold, silver, and bitcoin. Pointing out that accidents are good times to get rich, the renowned author wrote the following:

“Buying opportunity: If the Fed continues to raise interest rates, the US dollar will strengthen and gold, silver and bitcoin prices will decline. Buy more”.

“When the Fed pivots and lowers interest rates… you will smile while others cry,” he noted.

This was not the first time Kiyosaki had predicted the end of the US dollar. He said earlier this year that the USD was about to implode and noted that the Federal Reserve and the Treasury are destroying the dollar. Last month, he said the end of fake money is here.

Additionally, Kiyosaki warned that the Federal Reserve’s interest rate hike will destroy the US economy, advising investors to invest in “real money,” naming bitcoin as one of the investments. He also encouraged investors to get into crypto now, before the biggest economic collapse in world history occurs.

Reference: news.bitcoin.com

Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.

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