In an X post published late on Sunday, April 7, the prominent investor and author of the best-selling book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, gave a strange yet strangely appropriate name for the second Trump administration’s economic policy: the D.O.G.E chainsaw massacre, or, as he put it, ‘DOGE CHAINSAW MASSACRE.’
In the same tweet, Kiyosaki also revealed his strategy for weathering the storm and thriving as it unfolds and after it is over – no matter its eventual impact. Specifically, the author plans to continue building his own ‘standard’ based on Bitcoin (BTC), gold, and silver.
Indeed, the prominent investor has been bullish about cryptocurrency and the two commodities for years and has frequently recommended that his followers buy the three assets. In late 2024, Kiyosaki even went as far as to urge his fans to sell their homes to buy BTC.
Furthermore, the approach proved rather successful last year, and the focus on the three assets was relatively fruitful by April 1, according to Finbold’s report from the day.
Silver has been relatively successful during the first quarter (Q1) of 2025, with Kiyosaki forecasting it would hit $70 per ounce by the year’s end. Likewise, gold has continued hitting new all-time highs (ATHs), and only Bitcoin has been noted for losing ground. At press time, it is trading at $77,144 after a brutal 6.76% one-week drop.
Does Kiyosaki support Trump and Musk’s ‘Chainsaw massacre?’
Despite giving the policy a rather grim name, Kiyosaki joined the legions of wealthy individuals who agree that the ‘DOGE CHAINSAW MASSACRE’ is necessary to save the U.S. economy long-term.
However, the author of ‘Rich Dad’ conceded that he does not know if the policy will eventually yield the desired results.
Lastly, while there is no shortage of yesmen in the media sphere, some prominent economists and finance professors believe President Donald Trump’s aggressive implementation of tariffs will, at best, not achieve its stated goals.
For example, as Finbold reported on April 4, Michael Pettis opined that returning manufacturing to American shores is a positive ambition but opined that resolving the long-standing issues would require a more strategic approach.
However, he did not rule out the possibility that Trump could eventually succeed, though he made it clear that a positive outcome would be more a result of blind luck than tactical acumen.
Featured image via The Rich Dad Channel YouTube
