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MainNewsKiyosaki Say...

Kiyosaki Says Inflation Makes the Rich Richer


Oct, 18, 2023
< 1 min read
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

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Meme Coin Correction: PEPE Holds Steady, WIF Tumbles

Meme Coin Correction: PEPE Holds Steady, WIF Tumbles

Meme coins are experiencing a minor setback, with their total market capitalization o...
Jun, 22, 2024
< 1 min read
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MainNewsKiyosaki Say...

Kiyosaki Says Inflation Makes the Rich Richer


Oct, 18, 2023
< 1 min read
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

Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally

Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally

The landscape for altcoins appears notably bleak, with most experiencing consistent d...
Jun, 22, 2024
by Bitcoin News
Meme Coin Correction: PEPE Holds Steady, WIF Tumbles

Meme Coin Correction: PEPE Holds Steady, WIF Tumbles

Meme coins are experiencing a minor setback, with their total market capitalization o...
Jun, 22, 2024
< 1 min read
by CoinEdition