Overview
- Kiyosaki says inflation enriches asset owners while eroding purchasing power for the poor and middle class, reiterating his call to save in gold, silver, Bitcoin and Ethereum.
- He labels fiat currency as “fake money” and describes Bitcoin and Ethereum as “real money” or financial lifeboats outside political control.
- The author warns that baby boomer retirements could be devastated in a 2025 crash, with Social Security losing value due to persistent inflation.
- In a podcast appearance, he blamed the Federal Reserve for homelessness, calling it a criminal organization and arguing monetary policy has priced people out of homes.
- Reports set his remarks against October market moves, with gold near record highs around $4,300 per ounce and Bitcoin sliding from about $121,000 toward $108,000 during a mid‑month downturn.