Personal finance author Robert Kiyosaki has once again raised alarm over the state of the global financial system, urging investors to abandon fiat currencies and instead turn to real assets like gold, silver, and Bitcoin. In a fresh social media post on X, the Rich Dad Poor Dad author reiterated his long-standing criticism of central banks, warning that the US economy is on the brink of a historic collapse.“Stop saving FAKE $,” Kiyosaki wrote, advising his followers to “Start saving real gold, silver, Bitcoin.” Referring to his well-known principle, he added: “Rich Dads Rule: ‘Savers are Losers.’”Kiyosaki slammed the US Federal Reserve for repeatedly responding to financial crises by expanding the money supply, calling it a form of “printing fake money.” He listed several examples including the 1987 market crash, the 1998 collapse of Long-Term Capital Management, the 2019 repo market seizure, the Covid-19 pandemic, and the Silicon Valley Bank crash, claiming that in each instance, the Fed’s solution was the same, print more money.“It’s not a new crisis… it’s the same crisis getting bigger,” he argued, describing what he sees as a pattern of systemic failure. He warned that America has now become “the biggest debtor nation in history… because of the FED,” and reaffirmed his belief that “The Biggest Crash in history is coming… soon.”According to ET, Kiyosaki has consistently positioned himself as a critic of modern monetary policy and a staunch advocate for alternative stores of value. His posts in recent months have included bullish predictions for silver, with the author claiming the metal is still “significantly undervalued” and suggesting that its price could double.Kiyosaki’s warnings echo a broader scepticism held by some financial commentators about the sustainability of high debt levels and the long-term value of fiat currency in a low-interest, high-liquidity environment.While his views are controversial, they continue to resonate with a growing number of investors seeking protection from perceived monetary instability.This latest post reaffirms Kiyosaki’s core message, steer clear of cash and paper assets and instead prioritise tangible alternatives to safeguard long-term wealth.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
