Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has renewed his call to buy Bitcoin, gold, and silver as hedges against a weakening dollar, while claiming that the U.S. Treasury’s expanded bond buyback program amounts to “quantitative easing” and the printing of “fake dollars.”

The 1997 book, co-authored with Sharon Lechter, has sold tens of millions of copies and made Kiyosaki a long-running presence in retail finance circles, where his asset calls reach a large audience on social media.

Posting on X on Aug. 22, Kiyosaki urged followers to protect their wealth by buying Bitcoin, gold, silver, and selected real estate:

PRINTING MORE FAKE $

US 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.

As stated in my…

— Robert Kiyosaki (@theRealKiyosaki) August 22, 2026

Kiyosaki argued that financially educated investors move into scarce assets while cash holders lose purchasing power to inflation. His post leans on the DXY, which tracks the dollar’s value against a basket of major trading partners’ currencies — a currency-strength gauge rather than a direct measure of consumer purchasing power. He also claimed the Treasury was printing “fake dollars” by expanding its bond buyback program, describing the expansion as a new round of quantitative easing.

What the Treasury Actually Announced

That characterization does not hold up. On Aug. 19, the Treasury announced it would raise the maximum size of its long-dated bond buyback operations from $2 billion to at least $4 billion per auction, starting Sept. 9.

Officials described the move as a liquidity measure for 10- to 30-year securities, not a money-printing exercise. Treasury resumed regular buybacks in 2024 — its first sustained program since 2002 — to keep older, harder-to-trade “off-the-run” issues liquid by retiring them and replacing them with freshly issued benchmark debt. Only the Federal Reserve can conduct quantitative easing, a tool it deployed after the 2008 financial crisis and again during the pandemic, in which the central bank creates bank reserves to purchase assets and expand its balance sheet. Treasury buybacks are a debt-management tool: they replace existing debt through normal government financing operations, funded by new issuance, and do not expand the monetary base. Kiyosaki’s description of the program as “printing fake dollars” is political rhetoric, not a technical read of the announcement.

Bitcoin’s Rally This Week

Bitcoin did rally sharply around the same time. It climbed more than 20% over the week, reaching close to $79,500 before pulling back to around $76,000 on Aug. 23. The move was driven by falling long-term bond yields, a weaker U.S. dollar, and forced short liquidations.

U.S. spot Bitcoin ETFs then added to the momentum. Those funds, approved by the SEC in January 2024, let investors hold Bitcoin exposure through ordinary brokerage accounts and have become a major channel for institutional and retail flows. They brought in roughly $1.92 billion in net inflows across five sessions, a level of demand that signals real buying beyond the short squeeze. The timing lines up with the Treasury announcement and the bond yield move, but it does not confirm Kiyosaki’s broader inflation argument.

Kiyosaki’s Track Record

His Bitcoin price targets have repeatedly missed. In June 2024, he predicted Bitcoin would hit $350,000 by August of that year. It did not. He has since floated targets of $500,000 and $1 million without providing a valuation model.

Kiyosaki has also sold Bitcoin while staying publicly bullish. In November 2025, he sold $2.25 million worth at around $90,000 per coin, using the proceeds to fund surgery centers and a billboard business. He has previously warned investors not to buy Bitcoin out of hype alone, which adds some nuance to his latest buy call.

Bitcoin’s next test is whether spot demand from ETF buyers can hold prices up once the short squeeze pressure fades. The Treasury’s new buyback limit takes effect Sept. 9.