Robert Kiyosaki renewed his warning on U.S. dollar savings in a June 12 post on X, urging savers to shift toward gold, silver, bitcoin, and ethereum. The Rich Dad Poor Dad author framed his message around concerns about debt, money creation, and inflation. Kiyosaki's latest remarks continue a long-running pattern of warnings about the dollar's long-term outlook and the appeal of scarce assets.
Kiyosaki Uses $1 Trillion Analogy to Illustrate Money Supply Concerns
Kiyosaki claimed it would take 34,000 years to spend $1 trillion at $1 a minute in his June 12 post. The source notes the roughly 34,000-year timeframe is commonly used for spending $1 every second, rather than every minute, and equates to about 31,688 years. Kiyosaki wrote: "It takes the Fed and US Treasury less than a minute to print $1 trillion." The author used "print" to describe what he views as rapid expansion of the money supply and government debt. His latest remarks follow a recent post questioning how Washington can collect a significant portion of workers' income through taxes while continuing to accumulate trillions of dollars in federal debt.
Debt and Inflation Warnings Shape Asset Recommendations
Kiyosaki has argued that rising debt burdens and expanding money supply weaken the purchasing power of the dollar, while increasing the appeal of scarce assets such as precious metals and cryptocurrencies. Market crash warnings have remained a recurring part of his commentary. Kiyosaki has cautioned that a potential 2026-27 downturn could evolve into a depression and has frequently pointed to past market declines in 1987, 2000, 2008, 2015, 2019, and 2022 as examples of periods when asset prices became more attractive. "Savers of dollars are losers. Cash is trash," Kiyosaki stressed, adding: "Trade cash in for some gold, silver, bitcoin, and ethereum and be a winner." In previous remarks, he declared "Bye bye U.S. dollar" and argued that inflation, debt growth, and monetary expansion continue to erode purchasing power. He has also warned that hyperinflation could severely damage the value of cash savings. Kiyosaki has linked those concerns to broader economic pressures facing households, warning that millions of baby boomers could face job losses and housing difficulties.
FAQ
What did Robert Kiyosaki say about the U.S. dollar on June 12?
Robert Kiyosaki renewed his warning on U.S. dollar savings in a June 12 post on X, urging savers to shift toward gold, silver, bitcoin, and ethereum. He used a $1 trillion spending analogy and stated: "It takes the Fed and US Treasury less than a minute to print $1 trillion." Kiyosaki argued that rapid monetary expansion weakens the dollar's purchasing power.
Why does Kiyosaki recommend bitcoin and other assets over cash?
Kiyosaki has argued that rising debt burdens and expanding money supply weaken the purchasing power of the dollar, while increasing the appeal of scarce assets such as precious metals and cryptocurrencies. He stated: "Savers of dollars are losers. Cash is trash," and recommended trading cash for gold, silver, bitcoin, and ethereum. His warnings center on concerns about debt, inflation, and monetary policy.
