{"id":420214,"date":"2020-04-07T17:30:13","date_gmt":"2020-04-07T17:30:13","guid":{"rendered":"https:\/\/wncen.com\/?p=420214"},"modified":"2020-04-07T16:55:02","modified_gmt":"2020-04-07T16:55:02","slug":"author-rich-dad-recommends-gold-bitcoin-as-dollar-is-dying","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/author-rich-dad-recommends-gold-bitcoin-as-dollar-is-dying\/","title":{"rendered":"Author Rich Dad Recommends Gold, Bitcoin as Dollar is Dying"},"content":{"rendered":"

The impact of the coronavirus will have a negative long-term effect on the economy, bringing forth a major recession and potentially with it, the collapse of the dollar. <\/span>With the dollar potentially dying in the months and years ahead, a published author, investor, and entrepreneur is recommending that investors buy Bitcoin<\/a> and gold<\/a> in preparation for the worst that\u2019s yet to come.<\/span><\/p>\n

The Coronavirus, Hyperinflation, and the Potential Death of the Dollar<\/h2>\n

In just the first couple of weeks since the world went into a state of lockdown to prevent further spread of the coronavirus pandemic and \u201cflatten the curve<\/a>,\u201d it has had a dramatic impact on the economy.<\/span><\/p>\n

The stock market is collapsing<\/a>, real estate tumbling, and major industries like the automobile and airline industries appeared to be doomed in the short-term.<\/span><\/p>\n

Related Reading | Move Over Bitcoin: Pro-Gold Peter Schiff Blasts the Stock Market Bubble<\/a><\/strong><\/em><\/p>\n

Quarantine conditions across the globe have resulted in a complete halt in productivity, and millions are already without work. <\/span><\/p>\n

Record-breaking jobless claims are already starting to pile up, and stimulus packages are being prepared to assist small businesses and corporations with weathering the storm. <\/span><\/p>\n

Individual taxpayers will be issued checks to help them brace the storm.<\/span><\/p>\n

All of the relief is necessary in order to attempt to save the economy and prevent widespread homelessness and bankruptcy, however, it comes at a substantial cost.<\/span><\/p>\n

As more and more money is printed at a whim, the cause and effect leads to hyperinflation and potentially the death of the dollar.<\/span><\/p>\n

Rich Dad Claims Bitcoin, Gold, and Silver Is the Key To Avoid Being Poor Dad<\/h2>\n

With the death of the dollar potentially on the horizon, what should people do if the current global reserve currency from the leading world superpower falls out of power?<\/span><\/p>\n

According to published author, entrepreneur, and investor, Robert Kiyosaki, the best move is to buy Bitcoin<\/a>, gold<\/a>, and silver.<\/span><\/p>\n

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WHY IS DOLLAR DYING? 2008 Fed printed $4.5 Trillion to save rich. 2020 Fed will have to print $6-8 Trillion, maybe more to save US economy. There is only $9.5 Trillion in gold in WHOLE WORLD. Buy real gold silver Bitcoin. No paper ETF gold or silver. PhDs at Fed are IDIOTS.<\/p>\n

— Robert Kiyosaki (@theRealKiyosaki) April 7, 2020<\/a><\/p><\/blockquote>\n