Rich Dad Poor Dad author Robert Kiyosaki has issued a warning about the potential demise of the U.S. dollar and the looming threat of hyperinflation. He has expressed concern that the USD may lose its value and “become toilet paper.” Further, the famous author is saddened by U.S. authorities bringing criminal charges against former President Donald Trump. He stated: “As crime runs rampant in our cities & voters demand ‘defund the police.’ I am crying. America is dying.”
Robert Kiyosaki’s USD and Hyperinflation Warnings
The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his concerns about the future of the United States, hyperinflation, and the potential collapse of the U.S. dollar. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
In an “emergency podcast” that he hosted on Wednesday with guest Andy Schectman, the owner of precious metal dealer Miles Franklin, Kiyosaki explained that the U.S. has violated monetary laws, such as Gresham’s laws. “America has been violating all of these laws of money for all of these years, and the world says: ‘We’ve had enough of this.’ So, they’re joining the BRICS: Brazil, Russia, India, China, South Africa.” The Rich Dad Poor Dad author stressed:
So, there’s gonna be quadrillions of dollars coming back, and the ramifications of that are possibly … hyperinflation.