Robert Kiyosaki Promotes New Documentary
Renowned financial author Robert Kiyosaki, famed for his influential work “Rich Dad Poor Dad,” has recently taken to Twitter to promote an upcoming documentary titled “Money Disrupted: End the Fed.” This film, which he is featured in alongside prominent finance figures such as BlackRock’s CEO Larry Fink, aims to critique the U.S. Federal Reserve and its monetary policies while spotlighting Bitcoin as a potential solution for the escalating financial challenges.
Documentary Insights
The documentary’s trailer, which Kiyosaki shared via a link on YouTube, traces the decline of the U.S. dollar’s value, particularly since 1971—a pivotal year when President Nixon ended the gold standard that had previously secured the currency. It emphasizes the troubling trend of excessive money printing by the Federal Reserve, especially since the onset of the COVID-19 pandemic. According to the film, around 40% of the global money supply has been created during this time, contributing to a concerning outlook for fiat currencies.
In the teaser, Kiyosaki warns of an impending collapse of fiat money in America, simultaneously proposing Bitcoin as a resilient alternative.
The documentary positions Bitcoin within the broader narrative of emerging financial technologies, including artificial intelligence and cryptocurrency, as potential remedies to the issues plaguing the U.S. dollar’s purchasing power.
Expert Opinions
Fink, who admits to previously doubting Bitcoin’s potential, now acknowledges its value. In contrast, Jamie Dimon expresses his belief in blockchain technology while remaining skeptical of Bitcoin itself. Meanwhile, Vlad Tenev, co-founder of Robinhood, forecasts a future where all tangible assets might be digitized on the blockchain.
Call for Change
The central theme of “Money Disrupted” echoes its subtitle, strongly advocating for the abolition of the Federal Reserve, which the documentary and its experts blame for the nation’s economic woes due to its policies on the gold standard and rampant money creation.
Kiyosaki, who has voiced his bullish stance on Bitcoin since 2020, views the cryptocurrency, alongside gold and silver, as a safeguard against the weakening dollar and a credible form of hard money. He has speculated that Bitcoin’s value could reach $250,000 this year, a prediction that underscores his confidence in the cryptocurrency’s future.
