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America’s baby boomers are often seen as the lucky ones — a generation that bought homes before housing prices soared, enjoyed decades of stock market growth and built careers in a job market that was less cutthroat than the one many face today. But according to Robert Kiyosaki, author of “Rich Dad, Poor Dad,” those golden years may not have been so golden.
in a recent appearance iced coffee time In the podcast, Kiyosaki issued a blunt warning that America’s baby boomers are facing a wave of homelessness, and he placed the blame squarely on one institution(1).
“The reason we have homelessness today is because we have a Federal Reserve Bank — which is a criminal organization,” he said. “Look at how homelessness is exploding. People can’t afford housing.”
Kiyosaki believes that by printing fiat currency, the Fed drives up prices and makes daily life more difficult for ordinary Americans.
“When you print fake money, like this thing, you make people’s lives more difficult,” he said, holding up two U.S. dollar bills.
He went on to explain that printing money disproportionately benefits asset owners at the expense of the poor and middle class.
“So if you own a house and you print money, you feel like, oh, the price of my house goes up. But the average person sees the price of chicken and eggs and yogurt go up, and then inflation wipes them out.”
“Yes: It’s time(2),” he posted on
Kiyosaki called Powell a “criminal faker” and argued that the Fed’s policies are “Marxist” because it is a central bank.
“The Federal Reserve was created in 1913 and with it the 16th Amendment…aka the income tax,” he claimed in a Jan. 12 X post.
“The United States has been a tax-free nation until the Federal Reserve was created. The United States was founded in 1773 with the Boston Tea Party’s tax revolt. And then in 1913 the Federal Reserve was born,” he added.
Read more: Nearing retirement but no savings? Don’t panic, you’re not alone. Here are 6 easy ways you can catch up (and fast)
While Trump’s disdain for central bankers appears to stem from his reluctance to cut interest rates significantly, Kiyosaki sees things differently.
After the Fed cut interest rates last month, Kiyosaki suggested it could lead to hyperinflation.
He said in a Dec. 17 article on
Kiyosaki was born in 1947, one of the earliest baby boomers, a generation usually defined as those born between 1946 and 1964. He believed his peers would be particularly vulnerable.
“Baby boomers don’t have enough money to survive inflation. Boomers are going to be homeless everywhere,” he said in this iced coffee time podcast. “So mark my words, I’m the first of the baby boomers. We’re going to be wiped out by inflation. Your mom and dad could be out on the streets because inflation is going to wipe out their Social Security.”
His concerns touch on a very real issue. Although Social Security Administration benefits are adjusted annually for inflation, many experts point out that these cost-of-living adjustments often fail to meet the growing expenses older Americans face, particularly on housing and health care. (4)
Even these benefits are not guaranteed forever at current levels. Social Security trust fund reserves are projected to become insolvent in 2035—possibly even earlier. Without action by Congress, retirees will only receive about 83% of full benefits.
Good news? Kiyosaki also shared assets he believes will protect against inflation, money printing, and more.
Kiyosaki has long been an outspoken advocate for gold. His reason is simple: “I don’t buy gold because I like gold, I buy gold because I don’t trust the Fed,” he said in an interview in 2021 (5).
In fact, gold is a natural hedge against inflation—unlike fiat currency, it cannot be printed at will by central banks. Gold is also widely regarded as the ultimate safe-haven asset. It is not tied to any one country, currency or economy, and investors tend to flock to it during times of economic turmoil or geopolitical uncertainty, driving up prices.
Kiyosaki has been hoarding the metal.
“I have a chest of gold. I own gold mines,” he revealed.
He’s not alone in taking this stance. Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund, told CNBC earlier this year that “people generally don’t have a sufficient amount of gold in their portfolios,” adding, “When the economy is down, gold is a very effective diversifier.”
The market has also rewarded gold holders. In the past 12 months, gold prices have surged approximately 70% (6).
One way to invest in gold that offers significant tax benefits is to open a gold IRA with the help of Priority Gold.
A gold IRA allows investors to hold physical gold or gold-related assets in a retirement account. It combines the tax advantages of an IRA with the protective benefits of investing in gold, making it an attractive option for those looking to hedge their retirement funds against inflation and economic uncertainty.
You can roll over an existing IRA or 401(k) into a precious metals IRA without incurring any penalties or tax liability.
Even better, Priority Gold’s Buy Back Guarantee lets you sell back your precious metals when the need arises, with no fees or hassle.
To learn more, you can get a free information guide with details on how to earn up to $10,000 in free silver with qualifying purchases.
Kiyosaki has been a long-time supporter of cryptocurrencies – often touting them as “the people’s money(7)”.
“I invest in Bitcoin and Ethereum knowing they will boom and bust because neither the Fed, the U.S. Treasury, nor Buffett can produce Bitcoin or cryptocurrencies,” Kiyosaki said in an X post in mid-November, adding, “As the purchasing power of the dollar decreases, the value of Bitcoin increases (8).”
Following last fall’s cryptocurrency crash, Kiyosaki predicts that cryptocurrencies — specifically Bitcoin and Ethereum — will make a comeback this year.
“My Bitcoin price target is $250,000 in 2026,” Kiyosaki said in another X post on November 9, 2025 (9).
For those who want to jump on the Bitcoin bandwagon, new crypto platforms like Gemini are making it easier for everyday investors.
Gemini is a fully reserved and regulated cryptocurrency exchange and custodian that allows users to buy, sell and store Bitcoin and 70 other cryptocurrencies.
You can make instant, regular and limited purchases from a growing and vetted list of available coins.
The best part? You can also get $20 in free Bitcoin when you trade $100 or more on the platform.
Gold isn’t the only asset investors turn to during times of inflation. Real estate has also proven to be a powerful hedge.
When inflation rises, property values typically rise as well, reflecting rising costs of materials, labor and land. At the same time, rental income tends to rise, providing landlords with a revenue stream that adjusts for inflation.
Kiyosaki is no stranger to this asset class.
In an article in
“I’ve always advised people to become entrepreneurs, at least as a side hustle that doesn’t require job security. Then invest in income-producing real estate that will provide a steady cash flow if the economy collapses,” he said.
These days, you don’t need to be as wealthy as Kiyosaki to start investing in real estate. Crowdfunding platforms like Arrived offer an easier way to gain exposure to this income-generating asset class.
Backed by world-class investors like Jeff Bezos, Arrived allows you to invest in rental housing stock for as little as $100 without having to mow lawns, fix leaky faucets, or deal with difficult tenants.
The process is simple: Browse a selection of homes that have been pre-vetted for their appreciation and income potential. Once you find a property you like, select the number of shares you want to purchase, then sit back and start reaping any positive rental income distribution from your investment.
Another option is mogul, which allows you to invest in blue-chip rental properties across the country. Investors can benefit from monthly rental income, real-time appreciation and tax relief – all without a mortgage or 3am phone calls from the tenant.
Founded by former Goldman Sachs real estate investors, the Tycoon team hand-picks the top 1% of single-family rental homes in the country for you.
Each property is vetted to ensure that even under adverse circumstances, it will still generate a return of at least 12%. Overall, the platform’s average annual IRR is 18.8%. At the same time, their cash yields average between 10% and 12% per year.
Considering these numbers, it’s no surprise that Tycoon’s offerings often sell out within three hours, with most investments priced between $15,000 and $40,000 per property.
To get started, just sign up for an account and browse their available properties. Once you’ve verified your information, you can invest like a tycoon in just a few clicks.
If you’re a landlord, you may find yourself stressed out by the many moving parts of managing a rental property.
Managing tenants, collecting rent, moving funds between different accounts, and dealing with tedious paperwork can quickly become tedious and expensive—even for experienced landlords.
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@TheIcedCoffeeHour (1); @theRealKiyosaki (2), (3), (4), (7), (8), (9), (10); CNN (4); Yahoo Finance (5); APEX (6)
This article provides information only and should not be considered advice. It is provided without any warranty of any kind.