Kiyosaki Supports Ron Paul’s Advocacy Against US Fed

On May 10, Kiyosaki took to X to highlight the “words of wisdom” shared by former US Congressman Ron Paul, who is advocating to end some operations of the Federal Reserve. Paul’s advocacy goes beyond the Fed to all central banks. He is pushing a motion to get back to a sound, honest money system globally.

This US Fed critic equated interest rate setting by Central Banks to socialist and Marxist economic control, citing that they are “price fixing.” Furthermore, he noted the possibility of this approach eroding personal wealth while undermining economic freedom.

The popular serial entrepreneur supports this stance against central banking systems as it aligns with his long-held concerns. In light of this conversation, Kiyosaki wrote,

“Fake money leads to dishonest money, dishonest statistics, dishonest accounting, dishonest balance sheets, dishonest compensation, dishonest relations, dishonest leaders, and corruption in everyday life.”

Kiyosaki suggested investment alternatives to fight this fiat system, including Bitcoin and precious metals like gold and silver.