Tech Insider
Economy
Economy
"Rich Dad Poor Dad" author Robert Kiyosaki.

The Rich Dad Channel/YouTube

  • Robert Kiyosaki warned America's debt pile will fuel inflation and crush the US dollar.
  • The government will print greenbacks to cover its soaring debt costs, eroding their value, he said.
  • The "Rich Dad Poor Dad" author has raised the prospect of a severe recession and a market crash.

The US government has racked up onerous amounts of debt, paving the way for stubborn inflation and a dollar disaster, Robert Kiyosaki has warned.

"America is broke right now," the personal-finance guru said in a recent Fox Business interview. "America is in serious trouble financially because of the debt load."

Tags
economy, economy, us-economy-and-markets, robert-kiyosaki, rich-dad-poor-dad, Inflation, Recession, real-estate, Gold, Silver, us-dollar, government-debt, federal-reserve, interest-rates
Source
'Rich Dad Poor Dad' author warns exploding US debt will fuel inflation and crus…