Kiyosaki referred to these assets as “fake money” and detailed how investors can differentiate between “real” and “fake” assets in his book “FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class.”
“The problem with my generation is that they think that what is safe is U.S. Treasuries,” Kiyosaki told Kitco News. “Treasuries are how the Fed and the Treasury manipulate the markets, and they’ve wiped out savers.”
- Source, Kitco News