Rich Dad, Poor Dad’s Robert Kiyosaki Advises Investors to Profit from Inflation – Bitcoin Economy News

Famous author of the bestselling Rich Dad Poor Dad Robert Kiyosaki gave some advice on how to profit from inflation. Bitcoin is part of his strategy. He also praised the Ukrainian government for standing up to Russian President Vladimir Putin.

Robert Kiyosaki on profiting from inflation

Rich Dad Poor Dad author Robert Kiyosaki has advised his 1.8 million Twitter followers to cash in on inflation.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. Over 32 million copies of the book have been sold in over 51 languages ​​in over 109 countries.

Kiyosaki tweeted on Friday:

How to profit from inflation. Biden wants inflation. I counter your criminal actions by investing in Texas and N. Dakota oil. I just bought a gold mine in Utah. Investing in Texas apartments, houses. Saving gold, silver, bitcoin… Invest like a capitalist.

Kiyosaki had already warned about inflation on several occasions. He blames President Joe Biden, his administration and the Fed for destroying the dollar. Last year, he also warned of impending depression.

In November, he also said he was buying more gold, silver, bitcoin, ethereum, property rentals and oil as inflation concerns mounted.

Kiyosaki in the Russia-Ukraine War

The famous author also spoke a few times recently about the Russia-Ukraine war.

He tweeted last week: “Putin in trouble. Ukraine’s President Zelensky… is fighting Putin. He’s not running. He is inspiring people to fight back.” In a follow-up tweet, he wrote:

Bitcoin challenges Putin. Let’s go bitcoin. Let’s go encryption. Face the tyrants. Face tyranny. Fight back.

The Ukrainian government began asking for cryptocurrency donations on February 26.

According to blockchain analytics platform Elliptic, the Ukrainian government and a non-profit organization providing support to the Ukrainian military have raised nearly $60 million in cryptocurrency donations since Russia began its invasion of Ukraine.

What do you think of Robert Kiyosaki’s comments? Let us know in the comments section below.

Kevin Helms

Austrian economics student Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection of economics and cryptography.

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