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Robert Kiyosaki warns that a Fed rate cut signals hyperinflation of the dollar and ...
Robert Kiyosaki, author of the best-selling personal finance book 'Rich Dad Poor Dad,' warns that hyperinflation will make life 'very expensive' for Americans unprepared for currency devaluation. The financial educator issued his warning after the Federal Reserve's latest interest rate cut, believing that this policy shift signals a return to quantitative easing that will weaken the dollar.