Robert Kiyosaki, author of 'Rich Dad Poor Dad', recently expressed his concerns about the instability of the US dollar due to its departure from the gold standard in 1971. He critiques these policies and warns about their potential negative impacts.

Criticism of Dollar Stability Decline

Kiyosaki argues that the removal of the dollar from the gold standard and its reliance on market sentiment and government debt negatively affects the economy. He refers to government bonds and treasuries as a form of 'fake' money, which he believes reduces the purchasing power of the currency.

Shift to Alternative Assets

Kiyosaki emphasizes the danger of holding savings in US dollars amidst inflation and suggests exploring alternative investments. He believes that gold, silver, and bitcoin are more reliable for preserving wealth than the dollar.

Warnings on Economic Crises

Kiyosaki warns that current economic trends might lead to another crisis similar to the 2008 downturn. He calls for a change in monetary policies to prevent further economic turbulence.

Robert Kiyosaki continues to criticize the US financial system and insists on the necessity of asset diversification to protect against inflation and economic downturns.