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- Prominent author Robert Kiyosaki has recently suggested some measures to benefit from the situation of inflation.
- He has been giving opinions about the ongoing war between Russia and Ukraine and praised the Ukrainian government for standing up to Russian President Vladimir Putin.
- The author seems to have positive opinions about the crypto sector as he includes the first and most dominant cryptocurrency, Bitcoin in his Tweets.
One of the most inspiring self-help books on personal finance, Rich Dad Poor Dad’s author Robert Kiyosaki has given some advice and suggestions regarding reaping benefits from Inflation.
He recently Tweeted giving advice to his 1.8 Million followers about how to profit from inflation. And the most significant crypto-asset Bitcoin was a part of his advice.
He highlighted that Biden wants inflation and that he counters his criminal actions by investing in Texas and N. Dakota Oil. He further said that he just bought a Gold mine in Utah, investing in Texas Apartments, houses, Saving gold, silver, Bitcoin, and told to invest like a Capitalist.
His book Rich Dad Poor Dad was published in 1997 and was co-authored by Kiyosaki and Sharon Lechter. The book gained so much popularity that it was on the bestseller list for over six years. More than 32 million copies in over 51 languages have been sold all over the world.
The author has often warned earlier about inflation. He has criticized President Joe Biden for his administration and the Fed for damaging the dollar. Last year he warned about an imminent depression.
And last November, he said something similar that he is buying more gold, silver, bitcoin, Ethereum, rental real estate, and oil when concerns were raised about inflation.
His opinions about the Russia-Ukraine war:
Robert Kiyosaki further has some opinions about the ongoing Russia Ukraine war where he seems to praise the Ukrainian government for taking a stand against Russian President Vladimir
Last week, he expressed this via a Tweet saying Putin is in trouble, the Ukrainian President is fighting against him. And that he is inspiring people to fight back. And he further tweeted, saying Bitcoin defies Putin, let’s go Bitcoin, let’s go crypto stand up to tyrants and tyranny.
The author has Tweeted several times after the war started and is firmly expressing his views through his Twitter account.
The Ukrainian government initiated a call for donations via the asset class last month and has massively received them. The crypto industry has been playing a major role in the war, with the huge donations that Ukraine is receiving. And several crypto entities blocking Russian addresses and users. For instance, several exchanges like UpBit, Gopax, etc have shown their support towards Ukraine by blocking IP addresses from Russia. As the war is getting more and more serious and the traditional financial systems are becoming difficult to access, the asset class is widely being utilized.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
