Rich Dad, Poor Dad author Robert Kiyosaki recently spoke with Kitco News. He talked about his thoughts on inflation and crypto, which he wrote about in the interview.
This is one of the best personal finance books ever written, and it says that “financial literacy (financial education), financial independence, and building wealth through assets like real estate, businesses, and starting and owning businesses,” as well as increasing one’s financial intelligence (financial IQ) to improve one’s business and financial skills, are all important.
Kiyosaki has been critical of the Federal Reserve’s response to the COVID-19 pandemic and has urged his many followers on social media to buy silver, gold, and Bitcoin with their fiat money to protect themselves from what he thinks will be high inflation (and even hyperinflation) in the future.
“Pomp Podcast” episode #263, which came out on April 7, 2021, featured an interview with Kiyosaki. Asked about “traditional inflation-hedging assets” in that interview, Pompliano wanted to know what Kiyosaki thought about them.