Robert Kiyosaki, the author of the popular book Rich Dad Poor Dad, is once again sounding the alarm about fiat money. In a post on X, he warns that central banks are systematically destroying wealth by manipulating interest rates and creating “fake money.” This results in false numbers, corrupt leaders, and unstable financial systems. His solution? Escape to Bitcoin, gold and silver.
“Don’t be a loser,” Kiyosaki says. He believes that central banks influence the economy through their interest rate policies, effectively controlling prices. Institutions like the Federal Reserve (Fed) and the European Central Bank (ECB) set interest rates, which affect both borrowing and saving costs. These policy decisions affect almost every sector of the economy, from house prices to grocery store groceries.
This artificially steers the market, which is harmful to citizens who depend on fair and transparent economic relations.
To guard against financial manipulation, Kiyosaki advises investing in assets that are not controlled by governments or central banks. Bitcoin (BTC), gold and silver offer protection against inflation and currency devaluation. Bitcoin has a maximum supply of 21 million coins, mathematically fixed in the blockchain. Gold and silver cannot be printed indefinitely; their extraction requires mining, which is a costly, time-consuming and limited process. According to Kiyosaki, this makes them stable alternatives to fiat money.
Kiyosaki is not alone in his belief. Mexican billionaire Ricardo Salinas has also been critical of traditional investments on X. According to him, real estate is “a bad move”: houses have high costs, such as taxes, maintenance and unexpected repairs.
He considers Bitcoin a superior investment with future potential. Like Kiyosaki, he appreciates the decentralized nature of the cryptocurrency and the limited supply. Who would have thought that our real estate would still become outdated while Bitcoin can only increase in value?
Why are central banks a problem according to Kiyosaki?
Kiyosaki believes that central banks manipulate the economy by influencing interest rates, leading to artificial price controls and negative consequences for citizens who rely on fair economic relations.
What are the benefits of Bitcoin, gold and silver as an investment?
These assets are not controlled by central banks and offer protection against inflation and currency devaluation. Their limited supply makes them a sustainable store of value.
Why does Salinas see Bitcoin as a better investment than real estate?
Salinas points to the high costs associated with real estate, such as taxes and maintenance, while Bitcoin is seen as a future-proof investment due to its decentralized nature and limited supply.
