Kiyosaki: Fed Losing Grip on Inflation, Buy Bitcoin

Robert Kiyosaki said the Fed admitted it can no longer promise 2% inflation after Powell's comments about "bumpy path" to 2% inflation.

Kiyosaki believes most people don't understand the implications of the Fed losing control of inflation.

Kiyosaki recommends only saving "real money" like gold, silver, and Bitcoin that have limited supplies, unlike cash.

Bitcoin has a capped supply of 21 million and periodic "halvings" to control new supply, giving it deflationary properties.

Kiyosaki sees assets like Bitcoin doing well amid high inflation, though his Fed claims may be exaggerated.