Currencies34325
Market Cap$ 3.90T-1.52%
24h Spot Volume$ 60.69B+2.04%
DominanceBTC58.01%+0.63%ETH11.09%-1.04%
ETH Gas0.29 Gwei
Cryptorank

Kiyosaki Says Inflation Makes the Rich Richer


by CoinEdition
Robert Kiyosaki Believes That An Economic Tsunami Is Imminent
  • Robert Kiyosaki claims inflation makes the poor and middle class poorer but benefits the wealthy
  • He argues it erodes cash savings of lower-income groups but boosts alternative assets held by the rich.
  • Kiyosaki views inflation as exacerbating the wealth gap due to Fed policies.

In a recent tweet, the author of Rich Dad, Poor Dad, Robert Kiyosaki, claimed that inflation makes lower-income groups poorer while benefiting the wealthy.

Kiyosaki states that inflation erodes the purchasing power of dollar savings held by the poor and middle class, who rely on these funds. Meanwhile, the rich are shielded by investing in alternative assets like gold, silver, and bitcoin rather than cash.

The author views inflation as widening the wealth gap by devaluing the US dollar, which most Americans work for and keep their money in. But inflation can also drive up the prices of scarce real assets that wealthy investors tend to hold…

The post Kiyosaki Says Inflation Makes the Rich Richer appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Trump Ends Treasury Secretary’s Fed Chair Consideration, Eyes Four Candidates

Trump Ends Treasury Secretary’s Fed Chair Consideration, Eyes Four Candidates

Detail: https://coincu.com/markets/trump-fed-chair-candidates-announcement/
Asia Morning Briefing: Architect Bets Credit Will Outshine Crypto Equities as It Builds a Web3 Moody’s

Asia Morning Briefing: Architect Bets Credit Will Outshine Crypto Equities as It Builds a Web3 Moody’s

As crypto equity markets become overcrowded and illiquid, Architect bets on building ...

Kiyosaki Says Inflation Makes the Rich Richer


by CoinEdition
Robert Kiyosaki Believes That An Economic Tsunami Is Imminent
  • Robert Kiyosaki claims inflation makes the poor and middle class poorer but benefits the wealthy
  • He argues it erodes cash savings of lower-income groups but boosts alternative assets held by the rich.
  • Kiyosaki views inflation as exacerbating the wealth gap due to Fed policies.

In a recent tweet, the author of Rich Dad, Poor Dad, Robert Kiyosaki, claimed that inflation makes lower-income groups poorer while benefiting the wealthy.

Kiyosaki states that inflation erodes the purchasing power of dollar savings held by the poor and middle class, who rely on these funds. Meanwhile, the rich are shielded by investing in alternative assets like gold, silver, and bitcoin rather than cash.

The author views inflation as widening the wealth gap by devaluing the US dollar, which most Americans work for and keep their money in. But inflation can also drive up the prices of scarce real assets that wealthy investors tend to hold…

The post Kiyosaki Says Inflation Makes the Rich Richer appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Trump Ends Treasury Secretary’s Fed Chair Consideration, Eyes Four Candidates

Trump Ends Treasury Secretary’s Fed Chair Consideration, Eyes Four Candidates

Detail: https://coincu.com/markets/trump-fed-chair-candidates-announcement/
Asia Morning Briefing: Architect Bets Credit Will Outshine Crypto Equities as It Builds a Web3 Moody’s

Asia Morning Briefing: Architect Bets Credit Will Outshine Crypto Equities as It Builds a Web3 Moody’s

As crypto equity markets become overcrowded and illiquid, Architect bets on building ...