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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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'Rich Dad Poor Dad' Author: Save Bitcoin – Biggest Crash in History Coming
Kiyosaki believes it is the perfect time to start saving Bitcoin to protect your wealth.
Fed Reserve continues printing "fake" dollars, per Kiyosaki
Kiyosaki started his X message with a quote of a “Rich Dad’s rule” (a fictional character of Kiyosaki’s books he uses to give lessons in financial literacy to readers) – “savers are losers.”
His post is about the Fed Reserve and the crisis, which, as Kiyosaki reckons, continues to push America into. The financial guru then recalled all financial crises since 1987, when the US government began printing dollars not backed by the gold standard. The list spans from the late 1980s to 1998, then to 2019.
The last two negative economic events, when trillions of dollars were printed, as he mentioned, were the pandemic in 2020 (when Trump’s $1,400 stimulus checks were also released) and the collapse of several banks, including Silvergate and Silicon Valley Bank, in April 2023. During all of those events, the Fed Reserve and the US Treasury resorted to printing additional dollars to inject them into the US economy and thus increasing the circulating money supply.
"Bitcoin to protect your wealth in the biggest crash that's coming"
Kiyosaki said that he expects “the biggest crash in history” coming soon, specifying that “it’s not a new crisis….its the same crisis getting bigger.” Going back to his advice at the start of the tweet, he stressed that it is crucial to stop saving “fake US dollars” and begin to save “real gold, silver, Bitcoin.”
These assets can help “protect your wealth,” he is certain. As for the market collapse that is coming, according to Kiyosaki, he blames it on the constantly growing national debt and the Fed Reserve that keeps printing money: “America is the biggest debtor nation in history… because of the FED.”