Ahmed Ali Robert Kiyosaki, the author of ‘Rich Dad Poor Dad’, has warned us about the US dollar becoming less valuable and that it could even become like toilet paper. He also mentioned how he feels sad because Donald Trump is facing criminal charges in America. Robert said: “It’s really sad when there’s so much crime happening in our cities, and people are asking to reduce or defund police officers. I feel disappointed with how America is changing.”
Robert Kiyosaki
Robert Kiyosaki – the author of Rich Dad Poor Dad – has expressed his worries about the future of America, inflation and the possibility of the US dollar failing. Rich Dad Poor Dad was released in 1997 and written by both Kiyosaki and Sharon Lechter. It has been consistently at the top of The New York Times Best Seller List for more than 6 years! Millions of copies have been sold worldwide in over 51 languages across 109 countries!
Rich Dad Poor Dad author Robert Kiyosaki hosted an “emergency podcast” on Wednesday with his guest Andy Schectman from Miles Franklin, a precious metal dealer. During the podcast, Kiyosaki explained that the U.S has gone against the laws of money such as Gresham’s law and this pushed countries like Brazil, Russia, India, China and South Africa to form the BRICS group. In short, these countries don’t want to do business with the U.S anymore because of its disregard for monetary laws.
Robert Kiyosaki talked about how billions of dollars will be returning and its effects could likely lead to something called “hyperinflation”. He held up a dollar bill and said that around 70% of the world population who used to use the U.S dollar will no longer want it. He answered this by saying that too much money will make this dollar bill (which he was holding) become useless, like toilet paper!
Schectman said that in the last few years, America has hurt itself a lot more than any of its enemies. This happened because the US made their currency (dollar) a weapon and this has caused other countries to turn away from it.
Robert Kiyosaki, author of Rich Dad Poor Dad, is unhappy about what is happening in America recently. He posted on Twitter that it’s a ‘tragic day’ and mentioned how Donald Trump (the former president) and his sons Don jr & Eric are close friends. Kiyosaki believes it’s not right to charge them with criminal charges.
“I’m really upset because a lot of people are committing crimes in our towns and some folks want to take away funding for the police. Donald Trump has been accused of telling lies by 34 different witnesses, which makes him the first former president to face criminal charges.”
Robert Kiyosaki, the author of Rich Dad Poor Dad, has a warning for us: the U.S. dollar might not stay as the world’s reserve currency and a crash landing in stock, bond, and real estate markets could be approaching soon! So what are your thoughts? Is Kiyosaki right? Let us know in the comments section below.
