Inevitable! Robert Kiyosaki, Bestselling author of Rich Dad Poor Dad, warns looming financial crisis, slams fiat currency
Inevitable! Robert Kiyosaki, Bestselling author of Rich Dad Poor Dad, warns looming financial crisis, slams fiat currency
Robert Kiyosaki issues a dire financial warning, urging the public to escape “fake fiat money” and seek refuge in real assets like gold, silver, and Bitcoin.
Robert Kiyosaki, bestselling author of Rich Dad Poor Dad, has sounded a fresh alarm about a potentially massive financial crisis on the horizon. In a recent post on X (formerly Twitter), Kiyosaki warned that each financial crisis has been progressively worse because core economic issues remain unaddressed and the next one could be the most severe yet.
In 1998 Wall Street got together and bailed out a hedge fund LTCM: Long Term Capital Management.
— Robert Kiyosaki (@theRealKiyosaki) May 18, 2025
In 2008 the Cental Banks got together to bail out Wall Street.
In 2025, long time friend, Jim Rickards is asking who is going to bail out the Central Banks?
In other words each…
“In 2025, my long-time friend Jim Rickards is asking: who is going to bail out the central banks?” Kiyosaki posted, referring to financial commentator and former government advisor Rickards.
A pattern of unresolved crises
Kiyosaki referenced several major financial breakdowns to illustrate the deepening instability:
- 1998: Wall Street bailed out the failed hedge fund LTCM (Long-Term Capital Management).
- 2008: Central banks stepped in to rescue Wall Street during the global financial crisis.
- 2025?: He questions whether central banks themselves might need a bailout — and who would provide it.
According to Kiyosaki, the root cause of this systemic fragility can be traced back to 1971, when then-President Richard Nixon removed the US dollar from the gold standard, detaching it from any real asset. This, he says, created a foundation for what he calls “fake fiat money.”
Kiyosaki and Rickards both highlight the $1.6 trillion student loan debt market in the U.S. as a potential flashpoint for the next economic breakdown. With repayment struggles and mounting defaults, it could trigger a cascade of failures.
Savers are ‘losers’ — real assets are key
Reinforcing his message from Rich Dad Poor Dad, Kiyosaki criticized traditional savings strategies and fiat currency reliance:
“The rich don’t work for money and savers are losers,” he wrote.
Rather than waiting for governments to step in during economic downturns, he urged individuals to “bail themselves out” by investing in:
- Real gold
- Real silver
- Bitcoin
He strongly cautioned against relying on ETFs (Exchange-Traded Funds), advocating instead for owning the physical assets directly.
“The crash has begun”
Kiyosaki concluded his post with a blunt warning:
“The crash I warned about in Rich Dad’s Prophecy in 2012 has begun… Please take care. Bail yourself out.”
His advice? Don’t depend on the system to save you, take control of your financial future with hard assets and independent thinking.
