Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has forcefully condemned the rise of “fear clickbaiting” in financial media, calling out online personalities who prey on public anxiety to gain followers. His globally acclaimed book has remained a fixture on bestseller lists for over two decades, translated into more than 50 languages and sold to millions worldwide, reshaping how people think about wealth and financial education.
Kiyosaki shared on social media platform X on Oct. 26: “Many You Tube jockeys, vs old time Radio Disc Jockies… lure you in with ‘Fear Click Baits.’ They state such predictions as ‘ bitcoin to crash’ or ‘gold and silver to crash.’ Then they say, ‘Subscribe to my website.’ How phony. How fake.” The outspoken author didn’t hold back, rejecting the fear-driven narratives that dominate online financial discussions. Instead, he reaffirmed his belief in acquiring real assets such as bitcoin, gold, and silver—especially during times of market decline. Kiyosaki wrote:
If the bitcoin, ethereum crash… I will buy more at lower prices.
“Why? The real problem is fake money and incompetent leaders… and a national debt in the trillions or quadrillions,” the famous author explained. “Fact: America is the biggest debtor nation in world history. Stick with real. ‘F’ fake.”
Kiyosaki’s fiery post echoes his long-standing warnings about the fragility of fiat currencies and the growing dangers of America’s massive debt burden. For years, the acclaimed author has cautioned that the U.S. dollar is losing its purchasing power due to reckless government spending and poor fiscal leadership. True to his philosophy, Kiyosaki continues to champion hard assets like gold, silver, and bitcoin—what he calls “real money”—as protection against what he views as inevitable economic collapse fueled by “fake money” and financial incompetence at the highest levels.
Meanwhile, some critics argue that Kiyosaki himself often employs the same alarmist tone he denounces. Over the years, the Rich Dad Poor Dad author has repeatedly predicted market crashes, currency collapses, and global recessions—forecasts that some say border on financial doomsaying. Detractors claim his repeated warnings can sound like the very “fear clickbait” he criticizes. Still, Kiyosaki maintains that his intent is not to spread panic but to wake people up to financial realities and encourage them to take control of their wealth through education and investment in tangible assets.
- Why is Robert Kiyosaki calling out financial influencers?
He believes many use fear-based clickbait to manipulate audiences and push subscriptions, spreading misinformation about markets. - What assets does Kiyosaki recommend during market downturns?
Kiyosaki favors hard assets like bitcoin, gold, and silver, viewing them as real stores of value. - What is Kiyosaki’s view on the U.S. economy?
He warns that massive national debt and incompetent leadership are setting the stage for a fiat currency collapse. - How does Kiyosaki describe fiat money?
He refers to fiat currency as “fake money” and advocates moving into real, tangible assets to preserve wealth.
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