Best-selling author Robert Kiyosaki has issued warnings about a potential market crash and its possible effects on the US economy.
Economic Crisis Warning
Kiyosaki predicts significant declines in the stock, bond, and real estate markets. He suggests that this potential downturn could force the US Federal Reserve and Treasury to print vast amounts of money to boost global liquidity.
Monetary Policy and Inflation
Kiyosaki articulated that in case of a severe market collapse, the Federal Reserve and US Treasury might resort to producing 'fake money'. He warned this could lead to a decline in the value of the US dollar and an increase in inflation rates.
Kiyosaki's Final Thoughts
Kiyosaki believes depreciation of the dollar would lead to increased inflation and rise in value of gold, silver, and Bitcoin. He also predicted silver could double in value within the next year. His remarks aim to raise awareness regarding monetary policy and asset values amid economic uncertainty.
Kiyosaki continues to emphasize his negative views, urging investors to consider Bitcoin and precious metals.
