According to a report by Shenchao TechFlow, on May 5, Robert Kiyosaki, author of 'Rich Dad Poor Dad', stated that 'the biggest stock market crash in history' is happening. He warned that the Federal Reserve and the Treasury might print trillions of dollars in 'fake currency', leading to severe inflation.
Kiyosaki expressed distrust in the Federal Reserve and the Treasury, believing they will turn on the 'fake currency printing press'. He trusts gold, silver, and bitcoin more to hedge against inflation, and predicts that by 2026, the price of silver will rise from $35 per ounce to $70.
Kiyosaki referred to the dollar as 'fake currency', as its purchasing power has continued to decline since the gold standard was abolished in 1971.
