Robert Kiyosaki, the author of Rich Dad Poor Dad, said in a post on X that a new round of quantitative easing in the U.S. could reduce the dollar's purchasing power and add to inflation risks. He said people holding cash savings in U.S. dollars may be the most affected group. Kiyosaki also urged investors not to rely on fiat money that keeps losing value, and instead to focus on assets that can appreciate over time.
Robert Kiyosaki, the author of Rich Dad Poor Dad, said in a post on X that a new round of quantitative easing in the U.S. could weaken the dollar's purchasing power and add to inflation risk.
He said people holding cash savings in U.S. dollars may be the group hit the hardest.
Kiyosaki also told investors not to rely on fiat money that keeps losing value, and to focus on assets that can gain value over time.
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