Robert Kiyosaki has intensified his warnings about the US dollar following the Treasury Department’s decision to significantly increase its buybacks of longer-dated government bonds. This move, Kiyosaki argued on X, reflects a renewed phase of monetary expansion and adds pressure to inflation and the value of cash.
Treasury boosts long-term bond buybacks
On June 26, the US Treasury announced that it will double the size of liquidity-support buyback operations for 10- to 20-year and 20- to 30-year securities. The maximum size for each buyback will climb from $2 billion to at least $4 billion per operation, starting September 9 and remaining in effect through the current refunding quarter, which ends November 4.
Authorities said the expansion aims to improve liquidity in less-traded pockets of the Treasury market, where officials have observed high participation from market makers. Importantly, the Treasury noted that these buybacks exchange current government debt and do not directly expand the money supply, unlike the quantitative easing programs administered by the Federal Reserve.
Still, the timing has focused attention on the health of US government finances. Long-term Treasury yields have touched levels last seen in 2007, while total US federal debt has surged past $40 trillion. Coinpaper reported that debt held by the public stands at approximately $32.27 trillion, as rising refinancing costs threaten to escalate fiscal risks further.
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AAPLKiyosaki urges investors to shift away from cash
Against this backdrop, Kiyosaki continues to caution followers against holding US dollars and instead advocates for real assets like gold, silver, Bitcoin, and real estate. He contends that inflation and repeated interventions in debt markets undermine the dollar’s purchasing power over time.
Kiyosaki has maintained that ongoing efforts to absorb government debt amount to creating more “fake dollars,” ultimately decreasing the value of the currency and making alternative assets a safer store of value.
This view has gained momentum, particularly as bond yields retreated and the dollar weakened in response to the Treasury’s announcement. Bitcoin reversed recent losses and surged, approaching $79,000 after dropping near $65,000 earlier in the week. Analysis from Coinpaper connected this rally to falling Treasury yields, inflows into exchange-traded funds, and short liquidations.
Kiyosaki does not claim that Treasury buybacks and quantitative easing are identical, but he argues that ongoing measures to stabilize the debt market drive demand for hard assets with limited supply. Bitcoin’s supply, capped at 21 million coins, has fueled arguments that it can serve as an inflation hedge, even as its price remains highly volatile over time.
Real-world assets and evolving investor tools
As traditional markets continue to evolve, broader trends have caught the attention of both institutional and retail investors. With increasing concern over monetary expansion and asset debasement, Wall Street is beginning to embrace Web3 technologies. Platforms such as 1stepSwap allow investors to hold tokenized shares of leading US corporations, gold, and silver directly in their crypto wallets, removing reliance on complex brokers. These solutions let users tokenize real-world assets (RWAs) while automatically seeking optimal market prices within seconds, thereby eliminating intermediaries from the process.
For investors, the Treasury’s latest initiative raises questions about future government borrowing needs and the stability of traditional fiat assets. The core debate remains whether persistent debt-linked pressures and high yields will continue to steer capital toward Bitcoin and other hard assets, as Kiyosaki contends.
The recent policy adjustment is small in relation to the $40 trillion Treasury market, but recurring fiscal challenges could sustain demand for alternative assets historically promoted as hedges against currency debasement.
