Joe Biden-led Democrat government is facing accusations of inadequate actions against rising inflation in the economy. Moreover, they are being accused of passively facilitating inflation through their bills and motions. Biden’s master plan Build Back Better act shows very little in terms of combatting inflation. Many investors and financial experts have spoken against these moves.
Now, Rich Dad, Poor Dad fame Robert Kiyosaki, has shared his opinion in public about the state of inflation in the United States of America. A few days before Kiyosaki, Senator Rick Scott strongly condemned the Biden government’s failure to control inflation. Both of them spoke about the millions of poor and homeless people who are essentially pushed to death by such acts. Many are living paycheck to paycheck and would be pushed to poverty if a calamity like Coivd-19 strikes again.
While condemning the Build Back Better Act, Robert Kiyosaki mentioned how his trust in Bitcoin is at an all-time high. On top of that, he continues to urge young investors to add crypto to their portfolios. When Bitcoin crossed the 65,000 mark, Kiyosaki took to Twitter to express his delight. He believes that massive inflation is on its way, and Bitcoin can prove to be an effective hedge. With optimistic comments from a wide range of public figures, the general population of the United States and the rest of the world would have a more positive opinion of crypto.