The author of the bestseller "Rich dad, poor dad" said that printing "fake" dollars will not help the country's economy, and offered to invest in precious metals and cryptocurrency

New York will go bankrupt, and with it the United States, said the author of the best-selling book "Rich dad, poor dad" Robert Kiyosaki. In his Twitter account, he called for buying bitcoin, as well as gold and silver, since the release of additional money by the Federal Reserve will not help the recovery of the state's economy.

"New York is going bankrupt. All cities rely on income taxes, taxes on sales of goods and real estate. Add to this pension contributions for teachers, firefighters, and police. All the US goes bankrupt. Printing fake fed dollars won't save you. Save yourself by buying gold, silver and bitcoin, " Kiyosaki warned.

On may 18, the writer predicted that the price of bitcoin will rise to $75,000 within three years. Kiyosaki also called the US Federal reserve incompetent and said it was killing the country's economy.