Financial education advocate and author of the bestselling book “Rich Dad Poor Dad,” Robert Kiyosaki, has voiced his deep concerns regarding the financial literacy of young people.
In a recent podcast appearance with Jordan Walker of the Bitcoin Collective, accessible here, Kiyosaki emphasized his belief that it’s fundamentally flawed for children to be conditioned to earn and conserve a currency that consistently depreciates over time.
He contends that traditional schooling continues to perpetuate outdated and ineffective financial strategies. According to Kiyosaki, students are still being instructed to prioritize academic achievement, secure stable employment, diligently save money, and invest in traditional retirement plans, which he argues often fail to deliver substantial wealth accumulation.
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Kiyosaki characterizes contemporary fiat currency as “counterfeit”. He maintains that widespread misunderstanding of genuine money stems from the absence of relevant education in academic institutions.
Additionally, he sharply criticized central banking systems, even going so far as to label them “Marxist.” His central argument revolves around the observation that the practice of printing more currency disproportionately benefits individuals and entities already possessing substantial assets, like real estate and stocks.
Analyzing inflation statistics, Kiyosaki illustrated that $1,000 held in the year 2000 has lost nearly 50% of its purchasing power by 2025. While the Federal Reserve targets an approximate annual inflation rate of 2%, the reported inflation rate for August reached 2.9%, with core inflation registering at 3.2%.
Conversely, Kiyosaki highlighted that the value of
Separately, on September 15th, BitMine Chairman Tom Lee projected potential price increases for Bitcoin and Ethereum during the fourth quarter. To understand his rationale, you can read the comprehensive analysis here.