Robert Kiyosaki Criticizes U.S. Education and Financial System
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad and a Bitcoin advocate, criticized the U.S. education system. He called it a form of indoctrination that traps young people into working for “fake money.”
On Wednesday, Kiyosaki spoke on The Bitcoin Podcast, hosted by Jordan Walker, Co-Founder of Bitcoin Collective. He said schools and professors promote a flawed financial plan: attend college, get a job, save money, and invest in 401(k) plans with poor returns.
“Poor people are poor because they have no idea what real money is,” Kiyosaki said. He called central banks “criminal organizations” and “Marxists.” He blamed their money-printing policies for enriching the wealthy while hurting the middle class and poor.
“Every time you print money, you print this fake stuff here. Guys like me get richer, but the poor middle class get poorer,” he added. Data from the U.S. Bureau of Labor Statistics shows inflation’s impact. A $1,000 holding from August 2000 to August 2025 lost about 47% of its purchasing power.
Bitcoin Gains Amid Persistent Inflation, ETFs Seen as Risky
The Federal Reserve aims for 2% annual inflation. However, in August 2025, headline inflation was 2.9%, and core inflation was 3.2%. These levels have stayed above the target since 2021.
In contrast, Bitcoin has risen over 900% in five years. It climbed from about $11,670 to roughly $117,200 as of Thursday, according to CoinGecko.
Kiyosaki bought his first Bitcoin at $6,000. He now holds around 60 coins, worth about $7 million. He invests rental income into Bitcoin, Ethereum, gold, silver, and oil.
He repeated his April forecast that Bitcoin could reach $180,000 this year. However, he warned against exchange-traded funds (ETFs), calling them “paper assets” that could collapse in a bank run. Still, he said ETFs are the easiest way for most investors to enter the market.
Broader Views on Inflation and Economic Risks
Kiyosaki’s views reflect wider concerns about inflation worldwide. Economist Saifedean Ammous, author of The Bitcoin Standard, recently predicted Argentines will move from the peso to the U.S. dollar and Bitcoin. On May 20, 2025, Real Vision CEO Raoul Pal advised stacking crypto and non-fungible tokens to protect against currency erosion.
On July 28, 2025, Kiyosaki warned of a possible U.S. economic crash similar to 1929. He urged people to reconsider 401(k)s and IRAs heavily invested in stocks. He noted that investors like Warren Buffett and Jim Rogers sold stocks for cash or silver. Kiyosaki said he holds gold, silver, and Bitcoin instead.
