Jakarta, CNBC Indonesia – Robert Kiyosaki, financial expert and author of the book ‘Rich Dad Poor Dad’ recently shared his views on the phenomenon of inflation that has hit almost the whole world.
Global inflation that has occurred in almost the entire world cannot be separated from the impact of the geopolitical tensions between Russia and Ukraine. These two countries are the largest suppliers of food and energy in the world.
The outbreak of the Russia vs Ukraine war ultimately damaged the supply chain and caused food and energy prices to spike quite sharply. Inflation is unavoidable in many countries.
Robert Kiyosaki is of the view that inflation, or the rising price of basic necessities, is bad news for the lower middle class. Because they will continue to have difficulty making ends meet.
“Bitcoin, gold, silver and oil prices are increasing. Good news for people who know that inflation is permanent, now systemic, not just a transition. However, bad news for the uninformed poor and middle class,” he tweeted on his Twitter account, quoted Monday (23/1/2023).
Previously, Kiyosaki had revealed his reasons for investing in Bitcoin assets. According to him, bitcoin assets are commodities that are not much different from gold, silver and oil.
“I am very interested in Bitcoin. Why? Because Bitcoin is classified like a commodity, like gold, silver and oil,” Kiyosaki said in a tweet.
Kiyosaki added that most crypto tokens are classified as security, and the American Securities and Exchange Commission, SEC will destroy them.
That is the reason for Kiyosaki to add more Bitcoinnya.
According to him, those who hold gold, silver and bitcoin will become richer when the Fed, financial manager, Wall Street spins and prints trillions of dollars of new money, which he reveals as fake dollars.
“People who save a lot of fake dollars will be the biggest losers. Don’t be a loser,” said Kiyosaki.
Kiyosaki believes that buying paper assets such as stocks, mutual funds, deposits, bonds and so on, is just a trick. Because a number of these investments are very risky, as happened when the fall of Lehman Brothers triggered a financial crisis.
As is known, the fall of Lehman Brothers which triggered the global financial crisis still echoes today.
The crisis was even identified as the ‘seismic shock’ of the 21st century and the biggest financial crisis ever hit. Many people even commit suicide because they lose their jobs and are in debt.
Furthermore, Kiyosaki believes the world economy is currently heading for the biggest bubble in history. He also emphasized that he had never bought shares, except for the company he founded. He also loudly said he did not like anything issued by Wall Street, the Fed and the Treasury.
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