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You need to enable JavaScript to run this app. News Market UpdatesMarkets and PricesFinanceLearning InsightsEconomicsLegalMiningRegulationBlockchainNews Bytes Learning Center Newsletters Advertise Advertise With UsSubmit Press ReleasePress Releases NEWS Market UpdatesMarkets and PricesFinanceLearning InsightsEconomicsLegalMiningRegulationBlockchainNews Bytes ABOUT NewsBitcoinWalletSpend DIRECTORY ATMWalletGamesExchangesLoansOTCCardsTaxPayments ADVERTISE Advertise With UsSubmit Press ReleasePress Releases CRYPTO BuySellMarketDEX LATEST CRYPTO NEWS IN YOUR INBOX Subscribe for updates WeeklyAfricaLatamPrice AnalysisGames Newsletter Read in app * News Bytes * Finance * Learning Center * Newsletters * Advertise Economics by Kevin Helms 1 day ago ROBERT KIYOSAKI REVEALS HIS SECRET TO SURVIVING INFLATION — URGES YOU TO DO WHAT HE DID Rich Dad Poor Dad author Robert Kiyosaki has shared his secret to surviving inflation, advising: “If you are wondering how you will survive and thrive in today’s high inflation environment … you may want to do what I did.” He warned of the dangers of relying on U.S. dollars and urged people to seek new teachers to navigate the looming financial collapse. ROBERT KIYOSAKI ADVISES HOW TO SURVIVE AND THRIVE IN TODAY’S ECONOMY Robert Kiyosaki, the well-known author of Rich Dad Poor Dad, offered advice on how to survive the current high inflation environment on social media platform X this week. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki called the U.S. dollar “FAKE $” and explained that the currency became fake in 1971 when President Richard Nixon took it off the gold standard. “Since 1971 the U.S. dollar was propped up via U.S. Treasuries and bonds,” he described, adding: > That is why I stated in Rich Dad Poor Dad 1: The rich don’t work for (fake) > money 2: Your house is not an asset. 3: Savers are losers. In a separate post on X, Kiyosaki discussed the struggles faced by Millennials, Gen X, Gen Z, and some Baby Boomers amid the “everything bubble,” which he had referenced in earlier posts. He stressed that younger generations are struggling to afford homes and maintain their standard of living. Drawing on his experiences growing up in Hawaii, Kiyosaki said that rising costs have long been an issue, even for him. “I feel for these generations. I empathize. I too had the same personal doubts growing up in Hawaii. Real estate and the cost of living are so high in Hawaii … I wonder how young people today … survive. For example, I just purchased an egg salad sandwich for my dinner in Waikiki. Price $14.00. I can afford $14 yet the price still is hard to swallow. The good news is the high cost of living growing up in Hawaii … caused me to seek a new teacher … which is how I met my rich dad,” he detailed, advising: > If you are wondering how you will survive and thrive in today’s high inflation > environment … you may want to do what I did … I began seeking new teachers. “The good news is social media channels such as Youtube offer you a massive array of teachers. Find the teachers that talk to your body, mind, and spirit and grow into the rich and successful person you know you are. When you attain financial success … Give back by teaching students who want to learn from you,” Kiyosaki recommended. He further shared: > That is all I did. I give back financial and life lessons my rich dad gave to > me. “In other words: ‘Give and you shall receive.’ And ‘The more you give … the more you receive.’ It’s spiritual wealth. Best of luck,” he opined. Last week, the acclaimed author predicted a catastrophic stock market crash and the collapse of the “Everything Bubble.” He advised investors to prepare for financial turmoil, suggesting that those ready could emerge wealthier. Earlier this month, he also expressed concerns about World War III, citing global tensions and the need for stronger leadership. He has consistently warned about geopolitical threats and energy-driven conflicts. Kiyosaki further criticized debates over bitcoin versus gold, arguing the real issue is the $35 trillion U.S. debt. He cautioned that the bond market is collapsing and urged people to stop saving in dollars, calling it “fake money,” and to instead save gold, silver, and bitcoin, which he considers “real money.” What do you think of Rich Dad Poor Dad author Robert Kiyosaki’s advice and his views on the U.S. dollar and financial struggles? Let us know in the comments section below. TAGS IN THIS STORY baby boomers, Fake Money, Financial Collapse, inflation, Rich Dad Poor Dad, robert kiyosaki, U.S. dollar UBS PREDICTS 'NO LANDING' FOR US ECONOMY — WHAT IT MEANS FOR MARKETS AND INFLATION Economics | 4 hours ago RUSSIA VOWS TO LAUNCH DOMESTIC PAYMENT SYSTEM TO RENDER WESTERN SANCTIONS OBSOLETE Economics | 6 hours ago Image Credits: Shutterstock, Pixabay, Wiki Commons PREVIOUS ARTICLE Trial Postponed for Jailed Ex-US Federal Agent After Court No-Show NEXT ARTICLE 'We're Heading to 6-Figure Bitcoin' — What's Driving This Bold Prediction Click here to commentComment Please be advised that the content provided in this news post has been generated with the assistance of automation technology. As with all breaking news, which we aim to deliver as “hot off the presses,” it’s important to recognize that these stories may be based on initial information that could be incomplete or contain discrepancies. Given the dynamic nature of live news, details can change rapidly as more information becomes available. Therefore, we encourage readers to view these breaking news stories with a critical eye and consider them preliminary until verified by additional sources. Read disclaimerDisclaimer Buy crypto Sell crypto I want to buy Bitcoin(BTC) How much? USD GET QUOTE MORE POPULAR NEWS LATEST CRYPTO NEWS IN YOUR INBOX Get the newsletter directly to your inbox Sign up Login to Bitcoin.com Use this account to activate and manage your Bitcoin.com subscription Continue with email OR Continue with AppleContinue with Google I agree to receive informational and marketing emails from Bitcoin.com and its partners. By continuing you agree to our User Agreement, Wallet Service Terms, and Privacy Policy. 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