Kiyosaki Sounds Alarm on Treasury's QE Move

Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concern about the US Treasury's recent decision to expand its bond-buyback program. According to Kiyosaki, this move will lead to inflation and hurt dollar holders. The plan, which begins on September 9, aims to increase the maximum size of certain long-term bond buybacks from $2 billion to at least $4 billion per operation.

Kiyosaki describes this move as 'printing fake money' and believes it will make inflation 'boom.' He warns that dollar holders will be among the biggest losers due to the falling US Dollar Index (DXY), which has dropped 2.5% over the past month. In contrast, investors in assets such as gold, silver, Bitcoin, and real estate may benefit from the weakening currency.

Kiyosaki emphasizes the importance of financial education and investing in assets that appreciate in value over time. He believes that 'educated investors' who invest in assets like gold, silver, Bitcoin, and some real estate will get richer, while those who rely solely on cash will become poorer.