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- Robert Kiyosaki calls it “criminal” that children are raised to chase paychecks in a currency that constantly loses value.
- He believes central banks enrich the wealthy while impoverishing everyone else through inflation and currency debasement.
Robert Kiyosaki, the bestselling author of Rich Dad, Poor Dad, has never been shy about sharing his views on money and wealth. On Wednesday, during a podcast hosted by Bitcoin (BTC) Collective Co-Founder Jordan Walker, he sparked fresh debate, once again taking aim at what he calls the broken modern money system.
For Kiyosaki, the problem starts early: with how children are taught about wealth. He didn’t hold back, blasting fiat currencies as “fake money,” accusing schools of “indoctrinating” kids into chasing paychecks, and warning that a financial crash could be looming.
He’s shared that,
Poor people are poor because they have no idea what real money is. And so our academic system, you know, my poor dad, professors, they indoctrinate and they train kids, young people even today to work for fake money. So every time you print money, you print this fake stuff here. Guys like me get richer, but the poor middle class get poorer.
Kiyosaki’s gripe is that what we call “financial education” doesn’t really teach people how money works; it trains them to depend on fiat currencies. The problem, he argues, is that fiat isn’t designed to hold its value.
It inflates, it devalues, and in the end, it benefits those who already own real assets while leaving everyone else scrambling to keep up. His solution? Hedge with things the system can’t just print into existence, gold, silver, and increasingly, Bitcoin.
Inflation and the Hidden Tax
And the numbers are also backing up some of his concerns. According to the U.S. Bureau of Labor Statistics, someone who held onto $1,000 from August 2000 until August 2025 would have lost nearly half of its buying power, about 47% gone, purely because of inflation.
The Federal Reserve keeps aiming for 2% inflation each year, but it hasn’t managed to hit that target since 2021. In August, prices were still running hotter, 2.9% on the headline number and 3.2% for core inflation. To Kiyosaki, they’re evidence that the system is rigged against anyone relying solely on cash savings.
Back in April, Kiyosaki doubled down on his bullish outlook, predicting Bitcoin could hit the $1 million mark within the next decade. Bold? Yes. But in today’s environment, it’s not entirely out of left field.
Alex Thorn, head of research at Galaxy Digital, recently noted there’s a real chance the U.S. could move toward creating a Strategic Bitcoin Reserve before the year is out. President Donald Trump signed an executive order in March to lay the groundwork for both a Strategic Bitcoin Reserve and a broader U.S. Digital Asset Stockpile. Still, the actual roadmap hasn’t been finalized yet.
Market watchers point out that if Bitcoin can stay above $113,000 in the coming sessions, it could be on track for a run toward $120,000. Over the past five years, BTC has surged more than 900%, and in just the last year alone, it’s up another 94%.
As of now, Bitcoin trades at $117,000, climbing 2.92% in the last 7 days with another 0.63% gain in the past day.
