“If you spent $1 a minute, it would take you nearly two million years to spend $1 trillion,” Robert Kiyosaki tweeted, underscoring the dizzying scale of U.S. government debt today. The author of Rich Dad Poor Dad has stuck to a wealth protection strategy for over 60 years that focuses heavily on hard assets like precious metals and cryptocurrencies amid growing concerns about rising American debt and shaky bond markets.
Kiyosaki pointed out that U.S. debt has surged from roughly $9.5 trillion before the 2008 Global Financial Crisis to close to $39 trillion now. This skyrocketing debt, combined with ongoing money printing, has led him to avoid holding large sums of cash, which he believes steadily lose value through inflation and currency weakening. Since 1965, he has been accumulating silver, gold since 1971, Bitcoin starting in 2012, and Ethereum from 2022 onward. He also keeps some gold in vaults outside the country to protect against possible government restrictions on private ownership.
His perspective aligns with repeated warnings that traditional savers face significant risks during periods of aggressive monetary expansion. Kiyosaki’s core message from Rich Dad Poor Dad remains that true wealth comes from owning assets rather than stashing cash. His views resonate especially now as Wall Street debates intensify around the sustainability of America’s fiscal path. Analysts are increasingly uneasy about swelling federal debt, ballooning budget deficits, and stress on Treasury markets due to mounting borrowing.
Looking ahead, Kiyosaki foresees a major market correction between 2026 and 2027. He describes the current global financial system as dangerously overloaded with debt and inflated valuations across stocks, bonds, and real estate a bubble fueled by decades of easy credit. Yet, he frames market downturns not just as threats but as rare chances to purchase valuable assets at reduced prices, reinforcing his long-term strategy of guarding wealth through tangible investments.
