Well, I say, old bean, Robert Kiyosaki, the chap behind that rip-roaring tome “Rich Dad Poor Dad” and a fellow who’d rather clutch a Bitcoin than a cup of tea, has gone and given the U.S. education system what-for. According to him, it’s all a jolly good scheme to trap the young ’uns into toiling for what he calls “fake money.” Tsk, tsk, quite the indictment, what? 🧑🏫💸
On a Wednesday, no less, while chatting on “The Bitcoin Podcast” with Jordan Walker, the Co-Founder of Bitcoin Collective, Kiyosaki let rip. He claims schools and professors are peddling a financial playbook as outdated as a top hat at a tech conference: attend college, land a job, grind like a millstone, squirrel away savings, and pour it all into 401(k) plans stuffed with assets that perform like a three-legged racehorse. 🐢🏦
“Poor people are poor because they haven’t a clue what real money is,” he declared, with all the gravitas of a man who’s just discovered the last biscuit in the tin. He didn’t stop there, mind you. Central banks? “Criminal organizations,” he huffed, and even tossed in “Marxists” for good measure. Apparently, their money-printing antics are making the rich richer while the middle class and the poor are left holding the short end of the stick. 🏛️🤑
“Every time you print money, you’re churning out this fake stuff,” he added, with a wave of his hand as if shooing away a particularly persistent fly. “Chaps like me get richer, but the poor old middle class? They’re left in the lurch.” Data from the U.S. Bureau of Labor Statistics backs him up, showing that a $1,000 holding from August 2000 to August 2025 would have lost about 47% of its purchasing power. Quite the kick in the trousers, eh? 📉💰
Kiyosaki: Bitcoin to the Moon, ETFs to the Bin 🚀🗑️
The Federal Reserve aims for 2% annual inflation, but August 2025 figures showed headline inflation at 2.9% and core inflation at 3.2%, levels that have been sticking around like an unwelcome houseguest since 2021. Meanwhile, Bitcoin has soared over 900% in the last five years, leaping from a mere $11,670 to a staggering $117,200 as of Thursday, according to CoinGecko. Quite the show-off, that Bitcoin. 📈✨
Kiyosaki, who snapped up his first BTC at $6,000, now holds around 60 coins, valued at a cool $7 million. His strategy? Funneling rental property income into Bitcoin, Ethereum, gold, silver, and oil. Talk about not putting all your eggs in one basket! 🏠💎
Looking ahead, Kiyosaki doubled down on his April forecast that Bitcoin could hit $180 million by the end of the year. But he’s not all sunshine and roses-he warned against exchange-traded funds (ETFs), calling them “paper assets” that could collapse faster than a house of cards in a breeze. Though, he admits, they’re the simplest way for everyday investors to dip their toes in. 🌊📉
Kiyosaki’s musings echo the broader chatter about inflation’s global nibbling. Economist Saifedean Ammous, author of “The Bitcoin Standard,” recently predicted on X that Argentines would flee the devaluing peso like it’s a sinking ship, heading for the U.S. dollar and Bitcoin. And on May 20, 2025, Real Vision CEO Raoul Pal chimed in, advising folks to stack crypto and non-fungible tokens to fend off currency erosion. 🌍💱
On July 28, 2025, Kiyosaki sounded the alarm about a potential U.S. economic crash akin to 1929, urging everyone to rethink those 401(k)s and IRAs stuffed with stocks. He noted that Buffett and Rogers sold stocks for cash or silver, while he’s sticking to gold, silver, and Bitcoin. Quite the diversified chap, isn’t he? 🛑🪙
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2025-09-19 08:23