Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business Savers are Losers and May 15th makes it 10X more dangerous
Apr 4, 2026
A fiery take on why saving cash now backfires and a looming May 15th change makes it riskier. The power of central bank moves, interest rates, and money printing is unpacked. Historical shifts since 1971 and a cash vs gold comparison are highlighted. Three wealth-preserving moves — using good debt, owning gold and Bitcoin, and buying income-producing assets — are presented.
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Why Saving Stopped Being Smart After 1971
- Saving money became a losing strategy after Nixon ended the gold standard in 1971, because dollars can now be created without limits.
- Robert Kiyosaki contrasts a dollar-backed system turned into debt with gold remaining scarce and stable.
How The Fed Quietly Steals From Savers
- The Federal Reserve wields two direct tools that affect everyday purchasing power: interest rates and money creation.
- Kiyosaki stresses the Fed's private structure and its power to indirectly tax savers via inflation.
1971 Comparison Shows Gold vs Savings Outcome
- A $100,000 savings account from 1971 grew to about $800k–$900k but lost purchasing power to inflation and taxes.
- The same $100,000 in gold (2,857 oz at $35) is now worth over $12.5 million at $4,400/oz.