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Investing.com – Robert Kiyosaki, the acclaimed author of the bestselling personal economics book Rich Dad Poor Dad, has warned that the current inflation situation in the United States is likely to get worse.
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In a tweet posted on Wednesday, Kiyosaki urged investors to take action and pour money into investment products like Bitcoin (BTC), gold, and luxury brands before they become too expensive in the event of “systematic inflation.”
Kiyosaki also suggested that capitalism was threatened with extinction in the face of rising interest rates. Interestingly, the investor sounded the alarm previously, saying that the interest rate situation would most likely lead to a stock market crash.
“Shop to the fullest. Low retail prices, high interest rates are killing capitalism. Big brands are also on sale. Buy before systemic inflation gets under control. Inflation is systemic, not temporary. Buy Prada, Panerai, Polo, Gold, Silver, CB Before brands get too expensive.”
“link”: “https://twitter.com/theRealKiyosaki/status/1640919593580630016”
In another tweet posted the same day, Kiyosaki also referred to clarifying the target audience for his tweets. The writer, who has repeatedly warned of an imminent global economic collapse, said his messages were not aimed at “the poor or the middle class”.
“FYI. You can see that my tweets are not addressing the mentalities of the poor or the middle class. They are just mentalities.” If you think it’s better to be poor and money is evil, be poor. If you think middle class is best for you, stay in this class. He also said “If you want to be rich, rich daddy, enrich your mind”.
