, the best-selling author of
Rich Dad Poor Dad, has sharpened his warnings about an unfolding global
financial meltdown, blaming artificial intelligence, inflation, and what he calls “false prophets” on YouTube for fueling widespread economic damage. In a post on the microblogging platform X on Thursday, Kiyosaki said the turmoil now gripping global markets is precisely what he predicted more than a decade ago, and accused modern financial influencers of co-opting his message without credit.“I shouldn’t brag but in 2013 I published Rich Dad’s Prophecy predicting the world economy today,” Kiyosaki wrote on X, formerly Twitter. “It still pisses-me-off that so many modern day ‘prophets’... are now claiming to have warned of this extreme crisis we are in today.”
He warned followers to be wary of mainstream financial advice, saying the world is now living through “the biggest crash in history,” driven by accelerating job losses from AI and the erosion of baby boomer retirement savings by inflation.
“Please be aware of the millions of ‘false prophets’ on YouTube and in our schools,” he wrote. “The idea of going to school to find a safe and secure job is for losers.”
https://x.com/theRealKiyosaki/status/1935555122463125896?t=8zkc3NTeqemmBgLIyBuHzA&s=08A familiar refrain with sharper edges
Kiyosaki’s message on Thursday builds on his earlier forecasts. In a June 6 post, he said, “Crash time is now,” warning that both the stock and bond markets could collapse through the summer. He urged people to exit “fake money” investments and instead buy alternative assets like gold, silver, and Bitcoin.
His views on fiat currency and formal education have remained consistent: he calls cash “fake money,” discourages saving, and encourages financial self-reliance through entrepreneurship. “Be a winner. Not a highly educated loser, looking for job security with thousands in student loan debt,” he wrote in his latest post.
Silver, the ‘biggest bargain’
Among his preferred hedges against economic collapse, Kiyosaki continues to favour silver. Earlier this month, he predicted the metal could “3X” in value in 2025, calling it “the biggest bargain today,” still “60% under all time highs.”
“Tomorrow I am going to my local gold and silver dealer and trading fake money for real silver… no ETFs,” he said on June 6.
Bitcoin and gold also remain part of his core investment thesis, but he has described silver as the most accessible wealth-building asset for ordinary people. “Almost everyone in the world can afford at least one ounce of silver,” he said in April.
A long-running distrust of institutions
Kiyosaki has repeatedly attributed the fragility of the global financial system to the U.S. abandonment of the gold standard in 1971. In past posts, he has criticized the Federal Reserve, questioned central bank solvency, and likened the U.S. government to “a dead-beat dad.”
The tone of his June 19 post was personal as much as it was prophetic. “Find a teacher who guides you to your financial future,” he urged, recalling his own decision to follow his “rich dad’s” advice over a conventional career path.
“We’re in for a rough ride globally,” he warned. “The good news is the rich will get richer. I want you to get richer… Not poorer. Choose your teachers wisely.”
Also read | Crash time is now: Kiyosaki urges dumping ‘fake money’ for silver, predicts 3x surge
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
