The Rich Dad Poor Dad author Robert Kiyosaki has issued another financial warning, describing the U.S. Treasury’s latest round of quantitative easing (QE) as ‘printing fake money’ to stimulate the economy.
Posting on X on August 22, Kiyosaki argued that the QE round is about to make inflation ‘boom,’ while a falling U.S. Dollar Index (DXY) would hurt the purchasing power of cash.
Accordingly, Kiyosaki believes inflation is going to make dollar holders the biggest losers, while investors positioned in assets such as gold, silver, Bitcoin (BTC), and some real estate could benefit from the weakening currency.
“U.S. Treasury announces another round of QE (Quantatative Easing) aka printing fake $. DXY (index of purchasing power of dollars) CRASHES, which means INFLATION Booms….which means savers of fake $ are the biggest losers. Don’t be a Loser,” Kiyosaki wrote.
Is cash really doomed as Kiyosaki warns?
According to the officially released plans, the Treasury aims to increase the maximum size of certain long-term bond buybacks from $2 billion to at least $4 billion per operation, beginning September 9. As such, the measure is intended to support liquidity in longer-dated Treasury securities.
“The current maximum size of $2 billion per operation will be at least $4 billion per operation. This change is effective September 9, 2026 and will be in effect for the remainder of this refunding quarter (through November 4, 2026)…. This increase in buyback operation sizes reflects Treasury’s desire to provide greater liquidity,” the press release read.
However, unlike traditional QE conducted by the Federal Reserve through large-scale asset purchases, these buybacks are part of the government’s debt-management operations. That is, the Treasury move does not by itself represent a new Federal Reserve QE program or necessarily mean that new money is being created.
Still, Kiyosaki believes the development is another warning sign for dollar holders. With his latest forecast, he has reiterated his long-standing argument that financial education is essential for protecting true wealth, which boils down to owning assets whose value appreciates over time, rather than relying solely on cash.
“Facts are educated investors who invest in assets that go up in value, such as gold, silver, Bitcoin, some real estate, get richer….while people who are financially uneducated, and invest in fake assets get poorer,” the author added.
Whether Kiyosaki’s warning is justified or not, the market is certainly not going to ignore the program, especially given that DXY has dropped 2.5% over the past month.
Featured image via Shutterstock