Why Does Rich Dad Poor Dad Author Believe Government Money is “Fake”?

The post Why Does Rich Dad Poor Dad Author Believe Government Money is “Fake”? appeared first on Coinpedia Fintech News

Robert Kiyosaki is back with another doomsday warning and this time, it’s about the rising cost of life. The Rich Dad Poor Dad author took to X saying inflation is pushing the poor and middle class deeper into struggle while the rich continue to get richer.

“THE RICH get RICHER: while I am personally happy gold, silver, Bitcoin, Ethereum are going up…. My concern is the price of life…. AKA…inflation….makes life harder on the poor and middle class,” Kiyosaki wrote. “Government money is fake money.”

He believes the system is broken, and holding on to fiat money could be a dangerous bet. He urged people to protect themselves by saving in what he calls “real money” – gold, silver, Bitcoin, and Ethereum.

Inflation and a Broken System

Kiyosaki believes inflation isn’t just about higher prices; it’s about who wins and who loses. Rising prices erode the value of cash, hitting wage earners the hardest, while asset holders – those who own real estate, stocks, or crypto – see their wealth grow.

“When you print fake money, you make life harder on people,” he said in a recent podcast, blaming the Federal Reserve’s policies for widening inequality and even fueling homelessness in the U.S.

He added that while many celebrate higher property values, “the average person sees the price of eggs and yogurt go up and inflation wipes them out.”

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The 2025 Crash Warning

The 78-year-old author also repeated his long-standing claim that the “biggest market crash in history” is on the way. He believes Baby Boomers could face financial devastation as inflation eats into retirement savings and Social Security.

“We’re going to get wiped out via inflation,” he warned. “Your mommy and daddy may be on the street because inflation is going to wipe out their Social Security.”

Kiyosaki has criticized the U.S. monetary system for years, calling it a “Ponzi scheme” that relies on printing money to keep things afloat.

Why He’s Backing Bitcoin and Ethereum

Kiyosaki is betting on what he calls “real assets.” That includes gold, silver, Bitcoin, and especially Ethereum, which he believes is undervalued and vital for the future of decentralized finance.

Gold continues to rise – topping $4,300 per ounce for the first time, while silver and Bitcoin have seen sharp moves this month. Despite Bitcoin’s drop to $108,000 during the recent market crash, Kiyosaki sees the correction as a chance to accumulate more.

He also compares Ethereum to silver, saying both have strong real-world use cases and long-term value.

Critics Push Back

Not everyone agrees. Some community members say Kiyosaki’s “fake money” argument oversimplifies how fiat currency works. One commentator noted that central banks play a stabilizing role during crises like 2008 and COVID-19 – something gold or Bitcoin couldn’t do.

Others say his posts often sound more like marketing than advice, warning that his fear-driven tone may push small investors toward risky moves.

The Bigger Picture

Whether you agree with him or not, Kiyosaki’s message is catching attention. Inflation fears are real, and investors everywhere are looking for ways to protect their savings.

“Please save real money… not fake government money,” he urged.

His words strike a nerve in a world where traditional finance feels shaky and digital assets are gaining ground. 

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