Crypto News
| Published On Apr 9, 2023 2:28 am CEST | By Peter Siu

Robert Kiyosaki: “America Is Dying, Dollar May Become Toilet Paper”

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Robert Kiyosaki’s warning about the potential demise of the U.S. dollar has sent shockwaves through the financial world. As the author of Rich Dad Poor Dad, a best-selling book on financial literacy, Kiyosaki has established himself as an influential voice on the topic of wealth creation and personal finance. His recent warning about the future of the U.S. economy has garnered widespread attention, and many investors are now wondering whether they should take his warning seriously.

Kiyosaki’s concerns stem from his belief that the U.S. has been violating monetary laws for years, leading to a loss of trust in the dollar by the global community. He points to the fact that many countries are now turning to alternative currencies, such as the Chinese yuan and the Russian ruble, to conduct international trade. This shift away from the dollar, he argues, could trigger a collapse in the currency’s value and lead to hyperinflation.

The author is also worried about the direction that America is heading in. He believes that rising crime rates, coupled with calls to “defund the police,” are signs that the country is in a state of decline. Kiyosaki is particularly saddened by the criminal charges brought against former President Donald Trump, which he believes are further evidence of America’s downward spiral. He said:

“Tragic day in America. My friend, the former president of the United States is being arraigned in NYC courts. His sons Don jr and Eric are also extremely close friends.

“As crime runs rampant in our cities & voters demand ‘defund the police.’ I am crying. America is dying.”

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Despite these dire predictions, Kiyosaki is not entirely pessimistic about the future. He believes that individuals can still take steps to protect themselves financially, such as investing in precious metals or real estate. He has also advised investors to educate themselves on financial matters and to seek out alternative sources of information beyond the mainstream media.

In conclusion, Robert Kiyosaki’s warning about the potential collapse of the U.S. dollar and the threat of hyperinflation is a stark reminder of the fragility of the global economy. While his predictions may seem alarmist, they are grounded in a deep understanding of monetary policy and the workings of the financial system. As such, investors would be wise to heed his advice and take steps to protect their wealth in these uncertain times.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

Tags: US