Robert Kiyosaki Calls The Fed And The Treasury Destroyed The US Dollar, This Is The Reason

Robert Kiyosaki doesn't trust the Fed and the US Treasury (Marketsanity)

JAKARTA – The bestselling author of Rich Dad Poor Dad, Robert Kiyosaki, believes that the Fed and the Treasury are destroying the US dollar. Because they send billions of dollars belonging to uninformed savers and investors into “financial hell”. Kiyosaki suggests storing gold, silver, and Bitcoin, as reported by Bitcoin.com News.

"There are a million roads to financial heaven and a billion roads to financial hell," he wrote in a tweet.

“The Fed and Treasury [are] crushing dollars sending billions of dollars [of] uninformed savers into financial hell. Go to financial heaven. Save gold, silver, and bitcoin,” he added.

This is not the first time the acclaimed author has warned the Fed and the Treasury of harming the economy and individual investors. In December last year, Kiyosaki tweeted a warning that the Fed and U.S. President Joe Biden were “pushing fake inflation.” He predicted an imminent major crash that would be followed by a depression.

Kiyosaki also said in October last year that Biden and the Fed were “fooling the poor,” reiterating that the US was sliding into depression. “Inflation is tearing the poor apart. Inflation makes the rich richer," he said. The famous author also tweeted in the same month:

“I love bitcoin because I don't trust the Fed, Treasury, or Wall Street.”

Kiyosaki has been recommending that investors buy gold, silver, and bitcoin for some time. In January, the famous author said it was great news that the price of bitcoin was falling. He added that he will buy more BTC when the cryptocurrency price tests $20K. In November, he said he would also buy ether as inflation concerns rose.