"This is a 54-year long wealth robbery!" Kiyosaki slams the Federal Reserve: Gold, bitcoin, and real estate are the real wealth

Robert Kiyosaki, author of "Rich Dad, Poor Dad," once again targets the U.S. monetary system. Recently, Kiyosaki released a video on the social media platform Instagram, claiming that the American public is experiencing a "slow and invisible wealth grab," a process that has been ongoing for over half a century. In his view, since the U.S. abandoned the gold standard in 1971, the purchasing power of the dollar has continued to decline. Savings, wages, and pensions of ordinary households are being eroded by inflation, yet many are not even aware of it.

Kiyosaki: 1971 Marked the Start of Wealth Shrinkage

Kiyosaki believes August 15, 1971, was a key turning point for the U.S. monetary system.

On that day, President Nixon announced that the dollar would officially abandon the gold standard, ending the fixed exchange relationship between the dollar and gold. Kiyosaki calls this day "the beginning of savings being slowly stolen."

In his view, once the dollar was no longer constrained by gold, the Federal Reserve gained greater leeway to create money, and the continually expanding money supply has gradually weakened the dollar’s value.

"From that day on, every new dollar printed quietly diluted the purchasing power of the dollars you already held," Kiyosaki says.

He further points out that this impact does not manifest in the short term but gradually erodes the wealth of ordinary people through long-term inflation. For this reason, he describes the process as a "slow and invisible plunder."

The Dollar’s Purchasing Power Has Greatly Shrunk

Although Kiyosaki's position is controversial, long-term inflation data does reflect the ongoing decline in the dollar's purchasing power.

According to data from the Federal Reserve Bank of Minneapolis, $100 in 2026 will have the actual purchasing power of only about $12.25 in 1971.

In other words, over the past fifty years, the same amount of dollars can buy significantly less goods and services. For many households, this change is reflected in the continuous rise of living costs such as housing, healthcare, education, and food.

Kiyosaki believes that even if many people keep working, saving, and investing, their wealth growth rate often still struggles to keep pace with currency devaluation.

"Cash is Trash"

In addition to criticizing the dollar system, Kiyosaki recently reiterated his well-known viewpoint on platform X—"Cash is Trash."

To clarify his view, he posed a question to investors: "How big is one trillion dollars?"

He then gave an example: if you spent $1 every minute, it would take about 1.9 million years to spend $1 trillion. Through this intuitive comparison, Kiyosaki attempts to highlight that the scale of modern monetary expansion is far beyond ordinary people's imagination.

In his opinion, the Federal Reserve and the U.S. Treasury can quickly create new money, while savers must bear the loss of purchasing power brought about by this. "People saving dollars are losing purchasing power," he says.

(Source: X)

Although Kiyosaki did not give specific investment plans in the post, the core message remains unchanged: when the money supply continues to expand, simply holding cash cannot truly preserve wealth.

Why Gold is His Top Asset Choice

Precisely because of his concerns about currency devaluation risks, Kiyosaki has long been one of the firmest supporters of gold.

He believes that gold's greatest advantage lies in its scarcity and inability to be arbitrarily created. "Gold can’t be printed," Kiyosaki notes.

Unlike fiat currency, gold does not rely on any national credit, nor is it directly controlled by central banks. Therefore, it has long been considered a store of value and a safe-haven asset.

In the past five years, as global inflation has risen and central banks continued increasing their gold reserves, the international gold price has risen by more than 120%. In Kiyosaki’s view, this reflects increasing investor concerns about declining purchasing power of currency.

Real estate and Cryptocurrency are Also Favored

In addition to gold, real estate is also a long-favored asset class by Kiyosaki.

He believes real estate not only resists inflation but also generates continuous cash flow through rental income. Housing as a fundamental asset in the economic system maintains relatively stable long-term value regardless of economic cycles.

Meanwhile, in recent years, Kiyosaki has also been increasingly supporting cryptocurrencies. In his latest statement, he once again listed bitcoin, ethereum together with gold and silver, viewing them as important tools for fighting against fiat currency devaluation. He believes the common feature of these assets is limited supply, which cannot be infinitely created like fiat money.

However, the cryptocurrency market has recently faced significant volatility. Earlier, affected by the Federal Reserve’s hawkish expectations, the geopolitical tensions between the U.S. and Iran, and ETF outflows, both bitcoin and ethereum saw notable corrections.

Even so, Kiyosaki remains bullish in the long run. He believes that, with rising global debt, expanding money supply, and ongoing central bank gold purchases, scarce assets such as gold, silver, real estate, and cryptocurrency will remain important choices for preserving wealth in the future.

For ordinary investors, Kiyosaki’s latest remarks convey a very clear message: the real concern is not short-term market volatility, but the risk of ongoing erosion of wealth by long-term inflation. Rather than simply holding cash, it is better to focus on real assets that can resist currency devaluation over the long term.