Rich Dad Poor Dad author gives more bad news to Americans

The Rich Dad Poor Dad author, who has spent astir 3 decades informing Americans astir the fragility of the fiscal system, gave immoderate much ‘bad news’ this week.

Two seismic argumentation shifts from 1974 that, according to Kiyosaki, planted the seeds for the fiscal situation helium believes is present unfolding successful existent time.

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In 1974, the U.S. dollar completed its modulation distant from the golden modular and became what economists telephone the "petrodollar", a currency backed not by golden reserves but by planetary lipid commercialized agreements.

For decades, this statement kept the dollar dominant. But Kiyosaki argues that dominance is crumbling.

"Today, successful 2026, the satellite stands connected the borderline of satellite warfare implicit oil," helium wrote. "Inflation is going done the roof."

He's not wholly incorrect connected the numbers.

The U.S. nationalist indebtedness precocious crossed $39 trillion, increasing astatine astir $8 cardinal per time according to the Joint Economic Committee. Net involvement payments unsocial are projected to transcend $1 trillion this fiscal year.

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Meanwhile, golden is trading adjacent $4,685 per ounce and metallic has surged past $73 some astatine levels that would person seemed absurd conscionable a fewer years ago.

The 2nd 1974 lawsuit Kiyosaki flags is the transition of ERISA, the Employee Retirement Income Security Act.

Before ERISA, astir American workers had defined-benefit pension plans: guaranteed income for beingness aft retirement. ERISA paved the mode for 401(k)s, IRAs, and different self-directed status accounts that shifted the concern hazard wholly onto workers.

Kiyosaki's constituent is that millions of babe boomers are astir to observe that their status savings won't last, particularly arsenic ostentation eats into purchasing powerfulness and markets stay volatile heading into mid-2026.

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Love him oregon disregard him, Kiyosaki is hard to ignore. Rich Dad Poor Dad, archetypal published successful 1997, has sold implicit 32 cardinal copies successful 51 languages.

The book's halfway thesis, that fiscal literacy matters much than a paycheck, and that assets bushed savings, turned Kiyosaki into 1 of the astir recognized idiosyncratic concern voices successful the world.

He has repeatedly called for accumulating gold, silver, and Bitcoin arsenic hedges against what helium sees arsenic an inevitable dollar collapse.

His way grounds is mixed. Kiyosaki predicted a large clang for 2025 that didn't rather materialize connected schedule, and his institution Rich Global LLC filed for bankruptcy successful 2012.