Since when a conman like Robert Kiyosaki is viewed as an authority in the field of macroeconomics?
I don't mind about it, and when? A valuable opinion is a valuable one and it does not matter who says it and when.
I remember what Kiyosaki said years ago.He said that Bitcoin is a "shiny object",which didn't sound very positive
Everyone can change, has freedom to change our mind. It is basic human right. Additionally, Kiyosaki has never said bad about Bitcoin. Have you ever read one of his book, The second chance? I don't remember at what page, but in the book, when he was asked, he simply said, I don't know much about Bitcoin. That's it. Frankly enough. After a few years, and after what he observed in 2017 and 2018, he decided to become a Bitcoin supporter since 2018 or 2019.
Now,he says "buy more Bitcoin". I can assume,that he might be a skeptic,who evolved into a believer in the power of Bitcoin,but I still don't trust this guy.
Why not? Moreover, Kiyosaki is an investor or hodler, not trader and he does not care too much about short term changes. Obviously, he has enough experience to wait patiently for good entries.
High inflation is coming,but we shouldn't put so much trust into some "preachers of the Apocalypse".
There were famous people,who kept preaching about an upcoming "major crash" or "the biggest financial crash of all times" during the last decades.Such crash never happened.There's a small chance for such crash to happen,but also there's a chance of a fast and rapid recovery of the global economy after the pandemic.
Don't rely on him. Look at two main things we can have
- CPI index (in OP)
- Massive QEs, money printing from governments since the pandemic