Robert Kiyosaki, author of Rich Dad Poor Dad, questioned in a June 2 post on X how a government that 'takes 40% of everyone's money' still accumulates trillions in debt. The post linked tax burden, federal spending, and public distrust in a critique of U.S. fiscal policy. U.S. public debt stood near $39.2 trillion according to Treasury data, while the Congressional Budget Office projects gross federal debt will reach $64 trillion by 2036 as federal spending continues to outpace revenue.
U.S. Debt Reaches $39.2 Trillion as CBO Projects $64 Trillion by 2036
Kiyosaki's warning came as U.S. debt sat near historic highs. Treasury data showed public debt outstanding at approximately $39.2 trillion. The Congressional Budget Office projects gross federal debt will reach $64 trillion by 2036 as federal spending continues to outpace revenue.
The 40% figure Kiyosaki cited is not an official tax rate. The source indicates it may reflect the combined impact of federal income taxes, payroll taxes, state taxes, sales taxes, and property taxes on wage earners. Kiyosaki appears to use 40% as a broad estimate of the tax burden many workers experience.
Gold Rises 65% as ECB Data Shows Shift From U.S. Treasuries to Gold Reserves
Kiyosaki extended his fiscal warning into markets in a May 31 post on X. He stated gold rose 65% in one year, while savings accounts paid 4% annually. The comparison turned his debt criticism into an investment argument.
Kiyosaki also stated central banks are moving from U.S. Treasuries into gold. European Central Bank data showed gold accounted for 27% of global official reserves at the end of 2025, surpassing U.S. Treasuries at 22%. He wrote: 'FYI: Gold up 65% in 1 year. Savings pay 4% a year. Central banks dumping US Treasuries for gold. Get the picture?'
Kiyosaki Advocates Gold, Silver, and Bitcoin as Market Crash Protection
Kiyosaki has cautioned that a major market crash could escalate into a depression, leaving millions of people with significant losses and financial hardship. He attributes that risk to excessive debt, Federal Reserve policies, and declining confidence in government institutions.
He continues to advocate holding gold, silver, and bitcoin, arguing that scarce assets offer protection when paper wealth, cash savings, and traditional financial markets come under pressure.
FAQ
What did Robert Kiyosaki say about U.S. government debt on June 2?
Robert Kiyosaki questioned in a June 2 post on X how a government that takes 40% of everyone's money still runs up trillions in debt. He linked the question to U.S. public debt standing near $39.2 trillion and the Congressional Budget Office projecting gross federal debt will reach $64 trillion by 2036.
What does ECB data show about gold reserves compared to U.S. Treasuries?
European Central Bank data showed gold accounted for 27% of global official reserves at the end of 2025, surpassing U.S. Treasuries at 22%. Kiyosaki cited this shift as evidence that central banks are moving from U.S. Treasuries into gold.
What assets does Kiyosaki recommend holding?
Kiyosaki advocates holding gold, silver, and bitcoin. He argues that scarce assets offer protection when paper wealth, cash savings, and traditional financial markets come under pressure from excessive debt, Federal Reserve policies, and declining confidence in government institutions.
