Why Does Rich Dad Poor Dad Author Believe Government Money is “Fake”?

Robert Kiyosaki is again with one other doomsday warning and this time, it’s in regards to the rising price of life. The Wealthy Dad Poor Dad writer took to X saying inflation is pushing the poor and center class deeper into battle whereas the wealthy proceed to get richer.

“THE RICH get RICHER: whereas I’m personally completely satisfied gold, silver, Bitcoin, Ethereum are going up…. My concern is the value of life…. AKA…inflation….makes life tougher on the poor and center class,” Kiyosaki wrote.“Authorities cash is pretend cash.”

He believes the system is damaged, and holding on to fiat cash could possibly be a harmful wager. He urged individuals to guard themselves by saving in what he calls “actual cash” – gold, silver, Bitcoin, and Ethereum.

Inflation and a Damaged System

Kiyosaki believes inflation isn’t nearly larger costs; it’s about who wins and who loses. Rising costs erode the worth of money, hitting wage earners the toughest, whereas asset holders – those that personal actual property, shares, or crypto – see their wealth develop.

“While you print pretend cash, you make life tougher on individuals,” he stated in a latest podcast, blaming the Federal Reserve’s insurance policies for widening inequality and even fueling homelessness within the U.S.

He added that whereas many have a good time larger property values, “the typical individual sees the value of eggs and yogurt go up and inflation wipes them out.”

Learn Extra: ‘I Need to Vomit’: Robert Kiyosaki Blasts Buffett Over New Gold and Silver Push

The 2025 Crash Warning

The 78-year-old writer additionally repeated his long-standing declare that the “greatest market crash in historical past” is on the best way. He believes Child Boomers might face monetary devastation as inflation eats into retirement financial savings and Social Safety.

“We’re going to get worn out through inflation,” he warned. “Your mommy and daddy could also be on the road as a result of inflation goes to wipe out their Social Safety.”

Kiyosaki has criticized the U.S. financial system for years, calling it a “Ponzi scheme” that depends on printing cash to maintain issues afloat.

Why He’s Backing Bitcoin and Ethereum

Kiyosaki is betting on what he calls “actual belongings.” That features gold, silver, Bitcoin, and particularly Ethereum, which he believes is undervalued and very important for the way forward for decentralized finance.

Gold continues to rise – topping $4,300 per ounce for the primary time, whereas silver and Bitcoin have seen sharp strikes this month. Regardless of Bitcoin’s drop to $108,000 throughout the latest market crash, Kiyosaki sees the correction as an opportunity to build up extra.

He additionally compares Ethereum to silver, saying each have robust real-world use circumstances and long-term worth.

Critics Push Again

Not everybody agrees. Some group members say Kiyosaki’s “pretend cash” argument oversimplifies how fiat forex works. One commentator famous that central banks play a stabilizing position throughout crises like 2008 and COVID-19 – one thing gold or Bitcoin couldn’t do.

Others say his posts usually sound extra like advertising than recommendation, warning that his fear-driven tone might push small buyers towards dangerous strikes.

The Larger Image

Whether or not you agree with him or not, Kiyosaki’s message is catching consideration. Inflation fears are actual, and buyers all over the place are on the lookout for methods to guard their financial savings.

“Please save actual cash… not pretend authorities cash,” he urged.

His phrases strike a nerve in a world the place conventional finance feels shaky and digital belongings are gaining floor.