He’s particularly harsh on the American financial system, calling the Federal Reserve and bankers “banksters” — a not-so-subtle mashup of bankers and gangsters. According to Kiyosaki, these institutions have rigged the system to shift their failures onto the government through bailouts. The dollar, he claims, became “fake” after losing its gold backing in 1971. His book “Rich Dad Poor Dad” offers extensive insights on this dollar devaluation topic. Pretty damning stuff.
The financial elite aren’t just bankers—they’re banksters, rigging America’s fake dollar system while taxpayers foot the bill.
So what’s his solution? Buy physical gold, silver, and Bitcoin — but not the ETFs. Kiyosaki insists that Bitcoin ETFs are just “bankster’s money” that can be manipulated. He wants people to own real Bitcoin directly. Control your own assets, he argues. Those fancy ETFs won’t save you when everything falls apart.
And fall apart it will, if you believe Kiyosaki’s predictions. He foresees an imminent collapse of the US financial system, followed by a global meltdown. Inflation soaring. Dollar crashing. Banks failing. It’s financial apocalypse bingo, and Kiyosaki has every square marked.
He applies both Gresham’s Law and Metcalfe’s Law to justify Bitcoin’s value proposition and network growth. While traditional wire transfers can cost upwards of $35-65, Bitcoin offers the same functionality for as little as $1-2. Bitcoin, in his view, offers protection against the coming financial storm. Despite recent price volatility, Kiyosaki sees Bitcoin’s dips as buying opportunities rather than reasons for concern. It’s part of the solution to the instability created by central bankers who, he suggests, are profiting from the system’s flaws.
Houses aren’t assets, dollars are trash, and financial education is crucial — that’s the Kiyosaki worldview in summary. Whether he’s right or just really good at selling books remains to be seen. Either way, he’s certainly not worried about making friends in the banking industry.
