Cointelegraph reports that Robert Kiyosaki, author of the personal finance bestseller Rich Dad Poor Dad, has criticized the traditional school system and central banking, arguing that children are “brainwashed” to become workers for “fake” inflationary fiat currency. In recent comments highlighted by the outlet, Kiyosaki called central banks “criminals” for issuing money he characterizes as “fake” and inflationary, claiming that the education system conditions young people to depend on salaries and savings in government currency rather than learning how money, inflation, and assets work. This continues a long‑running theme in his work that schools prepare students to be employees rather than financially independent investors or entrepreneurs. Kiyosaki again urged individuals to hedge against what he sees as systemic monetary debasement by accumulating gold, silver, oil, Bitcoin, and Ethereum as real or scarce assets rather than relying on fiat savings. He has been a vocal advocate of Bitcoin for years, frequently describing it alongside precious metals and commodities as protection against inflation and perceived mismanagement by central banks. The remarks matter in the crypto and macro-finance context because Kiyosaki has a large retail following; his framing of fiat as “fake money” and schools as reinforcing that system reinforces a popular narrative in parts of the Bitcoin and broader crypto community that digital assets serve as a hedge against central bank policy and the existing monetary order.

AI-generated background, compiled from web sources — not editorial content.

More coverage

Explore the topic

More on Ethereum

Comments