“As I said over 25 years ago in Rich Dad Poor Dad, the rich don’t work for money and savers are losers,” warns Robert Kiyosaki as he urges people to prepare for a central bank crisis with gold, silver, and Bitcoin.
Renowned author and financial educator Robert Kiyosaki has issued a stark warning about a potential financial crisis, suggesting that central banks may soon face a collapse, and urging individuals to take personal responsibility for their financial protection.
In a recent statement shared via social media, Kiyosaki revisited past financial crises to underscore his point. He recalled how Wall Street bailed out Long-Term Capital Management (LTCM) in 1998, and how central banks, including the U.S. Federal Reserve, intervened to rescue Wall Street in 2008. Now, he asks a sobering question first posed by his long-time friend and financial commentator Jim Rickards: “Who will bail out the central banks?”
Kiyosaki attributes the growing severity of financial crises to unresolved fundamental issues, tracing the root back to 1971, when President Nixon took the U.S. dollar off the gold standard. According to him, this move detached money from real value, giving rise to what he calls “fake fiat money.”
He further highlights Rickards’ prediction that the next major financial meltdown could be triggered by the collapse of America’s $1.6 trillion student loan debt — a burden that has become a looming threat to the broader economy.
In 1998 Wall Street got together and bailed out a hedge fund LTCM: Long Term Capital Management.
— Robert Kiyosaki (@theRealKiyosaki) May 18, 2025
In 2008 the Cental Banks got together to bail out Wall Street.
In 2025, long time friend, Jim Rickards is asking who is going to bail out the Central Banks?
In other words each…
Kiyosaki, best known for his book Rich Dad Poor Dad, reiterated his long-standing belief that traditional methods of saving money may no longer be effective in today’s financial environment. He referenced his famous quotes from the book: “The rich don’t work for money” and “Savers are losers,” emphasizing the dangers of relying solely on fiat currency during economic uncertainty.
He encouraged individuals to take personal action, rather than waiting for government or institutional rescues. His advice: don’t depend on bailouts — bail yourself out.
“For most people, the best way to protect yourself is by bailing yourself out,” Kiyosaki wrote. He recommends investing in real assets like gold, silver, and Bitcoin, and cautions against paper substitutes such as exchange-traded funds (ETFs).
Kiyosaki also referenced his 2012 book Rich Dad’s Prophecy, stating that the crash he warned about over a decade ago has now begun to unfold.
As concerns grow over economic stability, Kiyosaki’s message is clear: prepare now, take control of your financial future, and don’t rely on central authorities for rescue. “Please take care… bail yourself out… by saving real gold, silver, and Bitcoin,” he concluded.
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