Robert Kiyosaki, the author of the bestselling personal finance book "Rich Dad Poor Dad," has a long history of predicting potential economic crashes on multiple occasions. This renowned investor has once again increased his pessimistic expectations for the future, warning in the latest update that a 'massive market crash' may have begun.

(Screenshot source: Finbold)

Against the backdrop of an economic downturn, this financial educator expressed doubts about the current fiscal management approach.

In an X post on January 4th, Kiyosaki criticized the excessive reliance of the Federal Reserve, Treasury Department, banks, and Wall Street on printing money, stating that this exacerbates economic instability.

Kiyosaki believes that inflation caused by fiat currency disproportionately benefits the wealthy who possess tangible assets, while eroding the purchasing power of the poor and middle class. He emphasized that inflation and taxation continue to widen the wealth gap.

As a hedge against economic turbulence, this investor reiterated his support for investing in gold, silver, and Bitcoin. He urged individuals to prioritize hard assets over cash savings to better cope with current economic challenges.

Kiyosaki wrote, "A huge market crash is coming. When 'fake money' is printed, those who have real assets will become richer... while the poor and middle class become poorer due to inflation and taxes. Let inflation make you richer, not poorer. Save gold, silver, and Bitcoin. Be careful. The crash is coming

Kiyosaki has long criticized fiat currency and government monetary policy, and his latest warning is consistent with his previous predictions. It is worth noting that, as reported by Finbold on December 13th, Kiyosaki warned that a global market crash has begun. At that time, he suggested that investors sell real estate when housing prices were high and reallocate funds to hard assets such as gold, silver, and Bitcoin.

He also cautioned against relying on traditional retirement accounts such as 401 (k) and Individual Retirement Accounts (IRAs), and advocated for diversified investments in cryptocurrencies, precious metals, and alternative investments.

At the time when Kiyosaki issued this warning, the Federal Reserve's economic outlook for 2025 adopts a hawkish attitude. The policy statement released in December last year triggered a negative reaction in the stock market, with many stocks experiencing a decline.

However, critics emphasize that Kiyosaki had made sensational market predictions, some of which did not materialize. His past records have aroused suspicion and ridicule from some people, who believe that his predictions are too dramatic.

(Screenshot source: Finbold)

Kiyosaki's warning about excessive inflation seems exaggerated, as the Federal Reserve is still striving to control inflation while maintaining its target of over 2%.

Although economic uncertainty still exists, post crisis banking regulation has strengthened financial institutions and reduced the risk of systemic collapse.

Robert Kiyosaki's "Rich Dad Poor Dad" is one of the best-selling books in the world, translated into 51 languages and sold over 32 million copies in more than 109 countries.

The "Rich Dad Poor Dad" series of books has repeatedly topped bestseller lists in major media outlets such as Business Week, The New York Times, and The Wall Street Journal in the United States.