Best-selling Rich Dad Poor Dad author Robert Kiyosaki announced that he is buying more Bitcoin and Ether in response to an alarming rise in inflation.

Robert Kiyosaki

“Rich Dad Poor Dad” is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in more than 51 languages ​​in more than 109 countries.

Kiyosaki was tweets last week:

“Inflation is a tax on the poor and the middle class. Inflation makes the rich richer. Get smarter. I’m buying more gold, silver, bitcoin, ether, rental property and oil. ”

When Kiyosaki tweeted about buying more Bitcoin and Ether, Bitcoin was priced at around $ 56,267 while Ether was trading at $ 4,238. Currently, Bitcoin is priced at $ 57,264 and Ether is trading at $ 4,294.

Source: TradingView

Kiyosaki has repeatedly warned of inflation in the past. He has also been recommending Bitcoin for a long time.

In October, Kiyosaki tweeted that President Joe Biden and the Federal Reserve (Fed) are “exploiting the poor” and predicting the US will enter a recession. He noted that Biden and the Fed “need inflation to prevent another recession” and called both “corrupt”.

The author also warns of an impending giant crash that will lead to a new recession and recommends everyone to buy gold, silver and Bitcoin.

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