Robert Kiyosaki Again Warns of Crash and Says Fake Dollars Offer No Safety

Robert Kiyosaki is doubling down on his warnings again—and he’s not mincing words. The author of Rich Dad Poor Dad believes financial trouble is right around the corner, and he’s urging people to rethink how they protect their money.

Good to know

• Kiyosaki sees gold, silver, and bitcoin as tools to protect wealth.
• He expects a historic financial collapse fueled by money printing.
• He supports ETFs for beginners but prefers holding real assets.

Earlier this week, Kiyosaki predicted what he called the “biggest crash in history.” He pinned the blame on the U.S. Federal Reserve, accusing it of building up massive debt and repeating the same response during every crisis—printing more money. He said:

“America is the biggest debtor nation in history because of the Fed. The biggest crash in history is coming… soon.”

From the 1987 crash to the COVID-19 crisis and the recent Silicon Valley Bank fallout, Kiyosaki pointed to a pattern. In his view, every time markets buckle, the Fed reacts the same way: by pumping more fiat into the system. “It’s not a new crisis… It’s the same crisis getting bigger,” he explained.

He also believes asset bubbles are on the verge of bursting. But rather than panic, he sees opportunity—especially if the prices of gold, silver, and bitcoin drop. “Bubbles are about to start bursting,” he wrote. “When bubbles bust, odds are gold, silver, and bitcoin will bust too. Good news. If prices of gold, silver, and bitcoin crash, I will be buying.”

His long-running advice about traditional saving hasn’t changed either. Kiyosaki still considers saving money in U.S. dollars a bad idea. He calls them “fake dollars” and encourages people to look at alternative stores of value like precious metals and bitcoin.

He also weighed in on exchange-traded funds (ETFs) in an X post. While he admitted ETFs are a convenient tool for many investors, he warned against relying too heavily on them.

“Beware of paper. I realize ETFs make investing easier for the average investor… so I do recommend ETFs for the average investor,” he said. However, he added a strong comparison: “An ETF is like having a picture of a gun for personal defense. Sometimes it’s best to have real gold, silver, bitcoin, and a gun.”

His point? Understand when you need real assets versus when paper investments will do. “Know the differences when it is best to have real and when it’s best to have paper,” he wrote. “If you know the differences, and how to use them… you’re better than average. Take care.”

Kiyosaki has called bitcoin “digital gold” for years. For him, it’s more than just a bet on future profits—it’s a defense mechanism. In a world where fiat currencies are constantly devalued, he sees bitcoin as a crucial part of protecting wealth from inflation and instability.