Kiyosaki labels Treasury buybacks QE as operations rise to at least $4 billion

Robert Kiyosaki, author of Rich Dad Poor Dad, criticized expanded U.S. Treasury buybacks as quantitative easing and urged investors to favor bitcoin, gold, silver and certain real estate. The Treasury said on Aug. 19 that each liquidity-support operation for nominal securities in the 10- to 20-year and 20- to 30-year maturity ranges would increase from $2 billion to at least $4 billion, effective Sept. 9 through Nov. 4. Kiyosaki called the move "printing more fake $" and wrote that the Treasury had announced another round of QE, or quantitative easing. The 30-year Treasury yield had reached 5.34% on Aug. 18, its highest level in 19 years, before easing to 5.184% after the larger operations were disclosed. Treasury buybacks use debt-sale proceeds and cash in the general fund to replace one government security with another, unlike quantitative easing, which involves large-scale asset purchases by a central bank as monetary policy. Kiyosaki also cited a falling DXY, the U.S. Dollar Index, as a sign of accelerating inflation, though the index measures the dollar against six foreign currencies and does not directly measure U.S. consumer prices. Federal debt stood at approximately $40.03 trillion on Aug. 20, including $32.28 trillion held by the public and $7.75 trillion in intragovernmental holdings. His latest warning continues a broader argument that government debt, weaker currencies and inflation threaten conventional savings, while acknowledging that bitcoin, gold and silver remain volatile and that no asset is guaranteed to preserve or increase purchasing power.

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