Why you should not save money — Rich Dad Poor Dad author, Robert Kiyosaki
Robert Kiyosaki, author of ‘Rich Dad Poor Dad,’ warned against saving fiat money, calling it “fake” and urging people to protect themselves with real assets like gold, silver, and Bitcoin.
He predicts a looming financial crisis worse than previous ones, linked to problems since the U.S. left the gold standard in 1971, and emphasizes the risk posed by $1.6 trillion in student loan debt.
Kiyosaki criticized traditional financial advice, labeling US bonds safe as a “Big F’n Lie” and warning about counterparty risk in the current financial system.
He noted that central banks are moving away from US bonds toward gold, signaling serious trouble for America’s economy and recommending individuals save tangible assets rather than fiat currency or ETFs.
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