Kiyosaki Sounds Alarm on US Debt: 'Hedge Against Fiat System Weakness' with Gold, Bitcoin, Ethereum

Robert Kiyosaki has been warning followers about the surging US national debt, which has reached $39.6 trillion. He believes that holding gold, Bitcoin, and Ethereum is a key strategy for personal defense in times of economic uncertainty.

Kiyosaki argues that hard assets such as gold, silver, or cryptocurrency like Bitcoin have a scarce supply and cannot be printed at will. This makes them attractive investments when fiat systems weaken.

The author of Rich Dad Poor Dad notes that the US debt has quadrupled since 2008, just before the Great Financial Crisis. He claims that the government prints around $1 trillion every 90 days, which is a staggering figure that's hard to grasp.

Kiyosaki has been investing in Bitcoin and Ethereum since 2012 and 2022 respectively. He sees them as decentralized alternatives to endless printing of fiat currency. However, critics point out that his predictions have often failed to materialize, and holding these assets comes with real drawbacks such as high volatility.

Kiyosaki's message centers on personal responsibility rather than precise timing. He urges people to study markets and build positions rather than rely solely on government-issued money.