Robert Kiyosaki is once again warning that the US economy is heading toward a familiar but dangerous outcome, arguing that recent interest rate cuts are accelerating a cycle that ultimately punishes ordinary workers while rewarding asset owners.
Speaking on the Rich Dad YouTube channel on December 17 alongside Matthew Seaman, the ‘Rich Dad Poor Dad’ author said rising consumer debt and renewed monetary easing are early signs that inflationary pressure is building beneath the surface.
“We don’t see wheelbarrows. We see credit cards instead,” he said. “The average American today is carrying a $3,600 balance on the credit card at 22% interest or something.”
According to Kiyosaki, modern inflation no longer looks like historical textbook examples, but its effects are just as damaging. “We’re not burning it, we’re not flying kites with it, we’re not doing those things,” he said. “But history is repeating right now, so please be careful.”
Rate cuts and inflation fears
Kiyosaki pointed directly to monetary policy as the core risk factor, warning that further easing could accelerate purchasing power erosion.
“Jerome Powell, this is 2025,” he said. “Just reducing interest rates again means hyperinflation is right around the corner. So it’s going to take more and more money to buy less and less.”
While the term hyperinflation is often debated among economists, the author has long argued that sustained currency debasement disproportionately impacts wage earners and savers, particularly those reliant on fixed income or retirement accounts.
Asset owners will benefit while workers fall behind
In contrast, the finance guru said those holding tangible and income-producing assets are positioned to benefit from rising prices.
“The good news is the rich will get richer because they have true assets,” he said. “If you have gold, silver, or Bitcoin, you’ll get richer. You own income-producing real estate, you get richer. You have cattle, you get richer.”
By comparison, he warned that traditional employment and retirement structures offer little protection in an inflationary environment. “But if you have an ordinary job with a 401(k), you’ll probably get poorer,” Kiyosaki said.
Featured image via Ben Shapiro’s YouTube
Watch the full interview on the Rich Dad YouTube channel: