{"id":14786,"date":"2021-11-29T01:54:17","date_gmt":"2021-11-29T01:54:17","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/rich-dad-poor-dads-robert-kiyosaki-says-hes-buying-bitcoin-and-ether-as-inflation-escalates\/"},"modified":"2021-11-29T01:54:17","modified_gmt":"2021-11-29T01:54:17","slug":"rich-dad-poor-dads-robert-kiyosaki-says-hes-buying-bitcoin-and-ether-as-inflation-escalates","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/rich-dad-poor-dads-robert-kiyosaki-says-hes-buying-bitcoin-and-ether-as-inflation-escalates\/","title":{"rendered":"Rich Dad Poor Dad\u2019s Robert Kiyosaki Says He\u2019s Buying Bitcoin and Ether as Inflation Escalates"},"content":{"rendered":"

The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. \u201cInflation is a tax on the poor and middle class. Inflation makes the rich richer,\u201d he stressed.<\/strong><\/p>\n

Robert Kiyosaki Warns About Inflation, Reveals He\u2019s Buying More Bitcoin and Ether<\/h2>\n

Robert Kiyosaki, the author of Rich Dad Poor Dad, has revealed that he is buying more bitcoin and ether in response to the alarming rise he sees in inflation.<\/p>\n

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.<\/p>\n

Kiyosaki tweeted last week:<\/p>\n

Dollar Tree becomes $1.25 Tree. Inflation is a tax on the poor and middle class. Inflation makes the rich richer. Get smart. Get richer. I am buying more gold, silver, bitcoin, ethereum, rental real estate, and oil.<\/p>\n

When he tweeted about buying more BTC<\/a> and ETH<\/a>, the price of bitcoin was about $56,267 while ether was trading at $4,238 based on data from Bitcoin.com Markets<\/a>. At the time of writing, the price of bitcoin is $57,264.26 and ether is trading at $4,294.<\/p>\n

Kiyosaki has previously warned about inflation on several occasions. He has also been recommending bitcoin for quite some time.<\/p>\n

In October, the famous Rich Dad Poor Dad author tweeted<\/a> that President Joe Biden and the Federal Reserve are \u201cripping off poor people,\u201d predicting that the U.S. is sliding into a depression. He noted that Biden and the Fed \u201cneed inflation to prevent new depression,\u201d claiming that the two are \u201ccorrupt.\u201d He warned that a giant crash is coming, followed by a new depression. He then recommended people buy gold, silver, and bitcoin.<\/p>\n

In May, Kiyosaki tweeted<\/a> that the \u201cFed wants inflation to pay debt with cheaper dollars,\u201d noting that the \u201cFed will raise interest rates causing stock, bond, real estate & gold crash.\u201d The famous author added that the \u201cbiggest problem\u201d is \u201cboomer retirement,\u201d emphasizing that social security, medicare, and America are \u201cbroke.\u201d Noting that the Fed will print \u201cmore fake money,\u201d he recommended investors \u201cStick with gold, silver, and bitcoin.\u201d<\/p>\n

What do you think about Robert Kiyosaki\u2019s comments and investment choices? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nEconomics, Biden, robert kiyosaki, robert kiyosaki bitcoin, robert kiyosaki crypto, robert kiyosaki cryptocurrency, robert kiyosaki ether, robert kiyosaki ethereum, robert kiyosaki fed, robert kiyosaki inflation, the fed<\/p>\n","protected":false},"excerpt":{"rendered":"

The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. \u201cInflation is a tax on the poor and middle class. Inflation makes the rich richer,\u201d he stressed. Robert Kiyosaki Warns About Inflation, Reveals He\u2019s Buying More Bitcoin and Ether…<\/p>\n","protected":false},"author":0,"featured_media":14787,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14786"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=14786"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14787"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}