Robert Kiyosaki: "We are in the largest bubble in world history" – Bits Media

American businessman and writer Robert Kiyosaki warned, that the world economy is now on the verge of hyperinflation and advised to “stay away” from the stock market.

The author of the bestseller "Rich dad, Poor Dad »Robert Kiyosaki (Robert Kiyosaki) made several pessimistic forecasts about the future of the economy and cryptocurrencies. Besides, He said, that "we are in the biggest bubble in history", referring to stock market bubbles, real estate and commodities.

Previously, Kiyosaki was optimistic about cryptocurrency. He often recommended buying gold, silver and bitcoin as a hedge against inflation. However, now he is waiting, that the US government will confiscate all cryptocurrencies.

He explained, that after that, how US President Joe Biden signed a decree, regulatory cryptocurrencies, the next step will be the launch of a “Fed cryptocurrency”. After this, all cryptocurrencies will be confiscated and transferred to the state cryptocurrency. "Goodbye, bitcoin", - he wrote.

Kiyosaki asked his Twitter followers, Do they have a plan B?. In his opinion, plan B is, to be an entrepreneur, that is, stay away from the stock market and create your own assets.

Businessman stated, what I already bought 2 500 American Silver Eagles, because gold has already risen in price, and Bitcoin is still too expensive. Kiyosaki noted, that silver is an industrial metal, it is liquid and can be sold without government control.

Previously, the writer often accused US President Joe Biden, his administration and the US Federal Reserve, including, that they allowed high inflation and “destroyed” the dollar. In January Kiyosaki said, that will invest in Bitcoin again, if it returns to the mark in $20 000.