Kiyosaki calls Treasury's $4 billion buybacks "fake dollars"

Robert Kiyosaki, author of Rich Dad Poor Dad, described the US Treasury's expanded buyback program as quantitative easing in disguise and said it creates more "fake dollars." The Treasury raised the maximum size of buyback operations for 10- to 30-year bonds from $2 billion to at least $4 billion per auction, effective September 9, after a sharp rise in long-term yields pushed the 30-year bond briefly to levels not seen in nearly two decades. Officials said the move was a liquidity measure rather than formal quantitative easing, noting that only the Federal Reserve can expand the monetary base. Market observers viewed it as a limited, operation-twist-style adjustment intended to ease pressure on the long end of the yield curve, although the dollar weakened toward three-month lows. Kiyosaki linked the decline in the Dollar Index to rising inflation and warned that cash and traditional paper assets would lose purchasing power. He urged investors toward gold, silver, Bitcoin and select real estate, while saying financially uneducated investors who hold fiat currency will steadily lose ground. Gold and Bitcoin drew fresh buying interest as debasement-trade narratives gained traction. With US national debt above $40 trillion, Kiyosaki continues to argue that scarce assets offer better protection against currency debasement, though markets will assess whether the buyback expansion is temporary relief or a deeper sign of fiscal strain.

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