Robert Kiyosaki, the author of Rich Dad Poor Dad, has responded to economist Harry Dent's predictions, including one about Bitcoin's price potentially crashing to $200. Rich Dad Poor Dad, co-authored by Kiyosaki and Sharon Lechter in 1997, has been a fixture on the New York Times Best Seller List for over six years, with more than 32 million copies sold in over 51 languages across more than 109 countries.

Kiyosaki shared Dent's forecast of a significant crash, particularly impacting the Baby Boom Generation with home values plummeting and the S&P potentially dropping by 80%. In response, Kiyosaki expressed his intention to invest more in real estate, gold, and silver if Dent's predictions prove accurate.

Additionally, Kiyosaki noted Dent's prediction of a Bitcoin price crash, with Dent suggesting it could fall to $200 per coin. Kiyosaki emphasized his readiness to buy as many Bitcoin as possible at that price point.

He speculated that if Dent's predictions materialize, those prepared could become multi-millionaires or even billionaires. Kiyosaki expressed a preference for gold, silver, and Bitcoin, describing them as valuable assets compared to the dollar, which he labeled as "fake money." He reiterated that gold and silver are considered "God's money," while Bitcoin is viewed as "people's money."

In a recent update on X, Kiyosaki addressed Federal Reserve Chairman Jerome Powell's remarks regarding inflation. He remarked that Powell had finally acknowledged the truth about inflation, conceding that it is prevailing. Powell's admission signifies a departure from previous assertions that inflation would remain around 2% or that it was merely temporary, according to Kiyosaki.

However, Kiyosaki cautioned that many people may not fully grasp the implications of Powell's admission for themselves, their families, or the global economy. He highlighted the detrimental effect of inflation on savers, noting that the purchasing power of the U.S. dollar has decreased by 95% since 1913.

Encouraging investors to take charge of their finances and information, Kiyosaki warned against placing blind trust in political leaders, emphasizing the importance of self-reliance in financial matters. He reiterated his advocacy for investing in tangible assets like gold, silver, and Bitcoin, emphasizing their stability and recommending them for others and their families.