Robert Kiyosaki Calls Expanded Treasury Buybacks QE, Backs Bitcoin

Kiyosaki Calls Treasury Buybacks Money Printing

Renewed concern about the dollar prompted Rich Dad Poor Dad author Robert Kiyosaki to endorse scarce assets after characterizing expanded U.S. Treasury debt buybacks as quantitative easing. In an Aug. 22 post on X, he linked the policy change with inflation risks and urged followers to favor bitcoin, gold, silver, and certain real estate. “Printing more fake $,” Kiyosaki remarked.

The Treasury’s decision increases the operation size of liquidity-support buybacks for nominal securities in the 10- to 20-year and 20- to 30-year maturity ranges. Its Aug. 19 statement on expanded long-term buybacks raised each operation from $2 billion to at least $4 billion, effective Sept. 9 through Nov. 4. Kiyosaki stated:

“US Treasury announces another round of QE (Quantitative Easing) aka printing fake $.”

Long-dated yields had spiked before the announcement, with the 30-year Treasury reaching 5.34% on Aug. 18, its highest in 19 years. The 30-year rate eased to 5.184% after Treasury disclosed the larger operations.

Although both programs involve government securities, Treasury buybacks and quantitative easing operate through different institutions and serve different stated purposes. Treasury funds repurchases from debt sale proceeds and cash already held in its general fund, so one security replaces another instead of new money entering circulation.