Robert Kiyosaki, the author of the best-selling personal finance book ‘Rich Dad Poor Dad’, never shies away from bold statements. His recent interview with Fox Business was no exception. With the 2024 election season in full swing, Kiyosaki dove into the political fray with fiery rhetoric.
While the interview focused on bitcoin, a topic Kiyosaki is passionate about, the conversation quickly veered into political territory. He labeled President Joe Biden and Vice President Kamala Harris as ‘idiots’ for their handling of the economy. In contrast, he praised former President Donald Trump as a ‘genius’ regarding money.
Kiyosaki’s blunt assessment, echoing some of Trump’s talking points, even included a mispronunciation of Harris’s first name. He claimed that Biden and Harris have caused more damage to the economy than any other administration. However, his comments were devoid of specific examples or data to support his claims.
Neil Cavuto, the interview host, attempted to bring up some of the challenges Trump faced during his presidency, such as the significant increase in national debt and his handling of the COVID-19 pandemic. Cavuto also mentioned Trump’s support for high tariffs, which critics argue drove up consumer prices.
Despite Cavuto’s attempts to steer the conversation, Kiyosaki remained focused on his belief that bitcoin is the key to solving America’s economic problems. He sees the cryptocurrency as a shield against economic instability and a solution to the national debt. He urged viewers to ‘buy bitcoin’ if they want to ‘fix the world, fix our money.’
While Kiyosaki’s economic views on the Biden administration are controversial, it’s worth noting that data suggests the U.S. economy has experienced significant growth under Biden, particularly in job creation.
Kiyosaki’s outspoken support for Trump and his focus on bitcoin are consistent with his career trajectory. He’s long advocated for unconventional financial strategies, including using debt to build wealth. His endorsement of Trump, who has also faced financial challenges, reflects their shared belief in taking bold risks to pursue wealth.
It’s important to note that Kiyosaki’s views are his own and don’t necessarily reflect the views of financial experts or economists. It’s crucial to conduct your own research and consult with a qualified financial advisor before making any investment decisions.
