Best-selling author Robert Kiyosaki has issued warnings about a potential market crash that he predicts could happen soon. Through his social media channels, Kiyosaki is drawing attention to an irreversible economic collapse in the US economy.
Economic Crisis Warning
Kiyosaki has signaled significant declines in the stock, bond, and real estate markets in the near future. He suggests that this potential downturn could lead the US Federal Reserve and Treasury Department to print substantial amounts of money to boost global liquidity.
Robert Kiyosaki: “I hope I’m wrong, but as I foresee, the biggest market crashes will happen very soon.”
Indeed, Kiyosaki has been warning of such scenarios for years. He previously mentioned market declines following tariff announcements, stating, “This is what I’ve been talking about.” Yet, US indices eventually returned to and even surpassed their levels at the time of tariff announcements. Despite predicting collapse across many fields, including real estate, Kiyosaki’s statements about owning 15,000 rental apartments through borrowing are notably popular.
Monetary Policy and Inflation
Kiyosaki articulated that should a severe market collapse occur, the Federal Reserve and US Treasury Department would resort to producing “fake money” (a term Kiyosaki uses for printed money, which he views as worthless paper). He warned that this could lead to a decline in the value of the US dollar and a rise in inflation rates.
Robert Kiyosaki: “If markets crash, the Fed and Treasury might print trillions of fake dollars, increasing M2 money supply.”
The author believes that such a depreciation of the dollar would lead to increased inflation and a rise in the value of gold, silver, and Bitcoin $103,583. He has long asserted that these assets serve as protective tools in times of economic uncertainty.
Robert Kiyosaki: “I believe gold, silver, and Bitcoin provide protection against high inflation resulting from the loss of purchasing power of fake money (fiat currencies like the dollar).”
Furthermore, Kiyosaki predicted that the value of silver could double in the next year, reaching approximately $70. His statements aim to raise awareness about monetary policy and asset values amid economic uncertainty. However, as we’ve experienced in earlier uncertainty periods, gold tends to rise while Bitcoin does not follow but moves together with technology stocks. These observations challenge Kiyosaki’s view of Bitcoin as part of the “hard money” category.
In summary, Kiyosaki continues to reiterate his negative views, advising crypto investors to buy more Bitcoin and precious metals.
In light of these warnings, fluctuations arising in financial markets could pose significant risk factors concerning macroeconomic indicators. Investors are urged to make decisions based on comprehensive information and thorough analyses.