Robert Kiyosaki, the author behind the best-selling “Rich Dad Poor Dad” and a vocal Bitcoin (BTC) advocate, had criticized the U.S. education system. He has called it a form of indoctrination that traps young people into working for “fake money”.
On Wednesday, speaking on “The Bitcoin Podcast,” hosted by Jordan Walker, Co-Founder of Bitcoin Collective, Kiyosaki argued that schools and professors push a flawed financial playbook: attend college, secure a job, grind away, stash savings, and funnel money into 401(k) plans loaded with underperforming assets.
“Poor people are poor because they have no idea what real money is,” he said. Kiyosaki reserved sharp words for central banks, labeling them “criminal organizations” and even “Marxists.” He claimed their money-printing policies enrich the wealthy while eroding the middle class and the poor.
He added, “Every time you print money, you print this fake stuff here. Guys like me get richer, but the poor middle class get poorer.” Data from the U.S. Bureau of Labor Statistics underscores his point on inflation’s toll. A $1,000 holding from August 2000 to August 2025 would have lost about 47% of its purchasing power.
Kiyosaki: Bitcoin soars as inflation persists, ETFs risky
The Federal Reserve targets 2% annual inflation, but August 2025 figures clocked in at 2.9% for headline inflation and 3.2% for core inflation, levels above the goal that have persisted since 2021. In contrast, Bitcoin has surged over 900% in the last five years, climbing from roughly $11,670 to about $117,200 as of Thursday, per CoinGecko.
Kiyosaki, who bought his first BTC at $6,000, now holds around 60 coins, valued at roughly $7 million. His strategy now includes funneling rental property income into Bitcoin, Ethereum, gold, silver, and oil.
Looking ahead, Kiyosaki reiterated his April forecast that Bitcoin could hit $180 million by this year. Yet he urged caution on exchange-traded funds (ETFs), dubbing them “paper assets” prone to collapse in a bank run, though he conceded they’re the simplest entry for everyday investors.
Kiyosaki’s remarks echo broader debates on inflation’s global bite. Economist Saifedean Ammous, author of “The Bitcoin Standard,” recently predicted on his X post that Argentines would flee the devaluing peso toward the U.S. dollar and Bitcoin. On May 20, 2025, Real Vision CEO Raoul Pal similarly advised on X that stacking crypto and non-fungible tokens against currency erosion.
On July 28, 2025, Kiyosaki warned of a potential U.S. economic crash akin to 1929, urging people to rethink 401(k)s and IRAs heavy in stocks. He noted Buffett and Rogers sold stocks for cash or silver, while he holds gold, silver, and Bitcoin.
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