TL;DR
- Robert Kiyosaki, author of “Rich Dad Poor Dad”, criticized the education system for teaching young people to work for inflationary fiat money.
- He argues that central banks operate like “criminal organizations” by printing money that enriches the wealthy while impoverishing the middle class.
- A strong advocate of Bitcoin and hard assets, Kiyosaki revealed that he owns 60 BTC and recommends using cryptocurrencies and metals as a hedge against the erosion of purchasing power.
Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has once again sparked debate by denouncing traditional schooling and fiat money. Speaking on a recent podcast, he claimed that children are being conditioned to become workers for “fake money” rather than learning how to build wealth with real assets. For Kiyosaki, currencies backed by nothing are destined to lose value, while Bitcoin, gold, silver, and oil remain the true form of money. He also emphasized that financial literacy should become a core subject in schools if future generations are to escape dependence on manipulated currencies.
Central Banks Under Fire
Kiyosaki criticized central banks, calling them “Marxist organizations” that enrich the wealthy at the expense of ordinary people. He stressed that every time more currency is printed, purchasing power declines, citing U.S. inflation data showing nearly 47% value erosion of the dollar over the past 25 years. He believes the education system contributes to this cycle by pushing young people into jobs, savings accounts, and retirement plans filled with “paper assets.” His remarks highlight a growing distrust toward monetary authorities worldwide, particularly as people face rising costs of living and declining wage power.
Bitcoin, on the other hand, has appreciated more than 900% in five years, far outperforming fiat savings. Kiyosaki admitted he wished he had bought more Bitcoin earlier but still holds around 60 BTC, worth over $7 million today.
Bitcoin As A Shield Against Inflation
Kiyosaki’s warnings resonate with people living in inflation-stricken economies. Countries like Venezuela, where the bolívar loses value daily, have seen citizens turn to stablecoins and Bitcoin for survival. In Argentina, analysts predict mass adoption of crypto as the peso continues to weaken. Similar patterns are emerging in Turkey and Nigeria, where local currencies struggle to retain value and citizens increasingly embrace decentralized alternatives.
Other prominent voices, including Saifedean Ammous and Raoul Pal, echo Kiyosaki’s stance, affirming that Bitcoin represents not just an investment but a safeguard against systemic financial instability. With global inflationary pressures showing no signs of abating, Kiyosaki’s message is gaining traction among those searching for stability beyond traditional finance.
