Taleb, known for his work on unpredictability in financial markets in the book “Black Swan,” criticized Kiyosaki’s assessment — particularly his belief in silver and gold as a safe haven against inflation caused by extensive money printing by the U.S. Federal Reserve.
The “Black Swan” author argued that historical data indicates the dollar’s stability against gold and silver, even amid significant economic turmoil in the past, such as during 1979-1981.
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This clash of perspectives highlights the ongoing debate within the financial community about the future of traditional assets like precious metals and the rise of cryptocurrencies, particularly .
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
