According to Deep Tide TechFlow news on May 5, as reported by U.Today, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” expressed his view that the “largest stock market crash in history” that he predicted is happening. He stated that if the crash occurs, the Federal Reserve and the Treasury may print trillions of dollars in “fake money,” which will trigger severe inflation in the near future.
Kiyosaki expressed distrust in The Federal Reserve (FED) and the Treasury because they can turn on the “fake money printing machine” at any time. He trusts gold, silver, and bitcoin more to protect himself from the impending severe inflation. He also predicts that by 2026, the price of silver will double from the current $35 per ounce to $70.
Kiyosaki refers to the dollar as “fake money” because it has continuously lost purchasing power since the abandonment of the gold standard in 1971.
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