Robert Kiyosaki, author of Rich Dad Poor Dad, said an advance manuscript of 'The Entropy Trap' shared by economist Jim Rickards changed how he views global finance. Kiyosaki warned that traditional financial assets requiring trust—including U.S. bonds, ETFs, and mutual funds—could face pressure as financial rules shift across markets. The manuscript, written by Mickey M. Maini, prompted Kiyosaki to assert that wealth could move away from people relying on traditional financial assumptions. Kiyosaki has focused recent commentary on fragility in the global monetary system, pointing to rising debt, central bank policies, and inflation as risks, while highlighting bitcoin, gold, and silver as alternative stores of value.
Kiyosaki Describes Manuscript Impact on Financial Perspective
Robert Kiyosaki said the advance manuscript of 'The Entropy Trap' shared by Jim Rickards prompted him to rethink his perspective on global finance. Rickards is an economist, lawyer, and financial commentator known for writing about currencies, debt, and systemic market risk. Kiyosaki described the early reading as having changed his view on where the financial system may be headed.
Kiyosaki stated the book 'blew my mind and opened my eyes to what & why global financial change is coming.' He framed his reaction around what he described as a shift in the rules behind wealth, assets, and trust. Kiyosaki asserted: 'The informed will be tomorrow's ULTRA RICH. Todays uniformed operating by the old rules of money... will become the new poor.'
Kiyosaki Warns Traditional Assets Face Trust-Based Vulnerability
Kiyosaki's warning centers on assets that depend on trust, including U.S. bonds, exchange-traded funds (ETFs), and mutual funds. He framed those instruments as vulnerable under the financial shift he says is coming, placing commonly held investment products at the center of the risk.
Kiyosaki shared a message from the book: 'All assets that require trust, assets that most people have... such as U.S. bonds, ETFs, mutual funds will be flushed down toilets, all over the world.' He also pointed to large bondholders, including Japan, saying they have already started dumping U.S. bonds. He did not provide supporting data in the statement.
Kiyosaki has previously highlighted bitcoin, gold, and silver as alternative stores of value. In his view, those assets may help reduce exposure to traditional financial instruments during periods of currency weakness and market turbulence.
Study Session Planned for August
Kiyosaki said his study team would examine the message in August. He stated that Jim Rickards may join the study session. Kiyosaki wrote: 'I want you to be one of the world's new rich.'
FAQ
What manuscript did Jim Rickards share with Robert Kiyosaki?
Jim Rickards shared an advance manuscript of 'The Entropy Trap,' written by Mickey M. Maini, with Robert Kiyosaki. Kiyosaki said the manuscript changed how he views global finance.
What assets did Kiyosaki warn about in his statement?
Kiyosaki warned that assets requiring trust—including U.S. bonds, ETFs, and mutual funds—could face pressure. He framed those instruments as vulnerable under what he described as a coming financial shift.
When is Kiyosaki's study session planned?
Kiyosaki said his study team would examine the manuscript's message in August. He stated that Jim Rickards may join the study session.
