Bitcoin bull and author of the bestselling financial book “Rich Dad Poor Dad,” Robert Kiyosaki, announced today that he will be buying 10 more Bitcoins in April. He believes that the halving event will help drive the price of Bitcoin up to $100,000 in September.
In a recent tweet, Kiyosaki also advised those who are not interested in Bitcoin to consider buying silver. He reiterated his stance that the global economy is on the brink of collapse and urged investors to act quickly.
Kiyosaki has been warning about the state of the US economy, frequently criticizing the Federal Reserve for its constant money printing, which he believes has destroyed the country’s financial foundation. He has also highlighted the rapid growth of US national debt, which he believes will result in severe inflation of the US dollar.
According to CNBC, the US federal government’s debt has now surpassed $34.5 trillion, with an increase of approximately $1 trillion every 100 days.
Moody’s downgraded the US government’s credit outlook from “stable” to “negative” in November last year due to the rising fiscal risks. It warned that without effective fiscal policy measures to reduce government spending or increase revenue, the US fiscal deficit will remain significant and significantly weaken its debt burden capacity.
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