Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTJing PanMon, June 15, 2026 at 6:50 PM GMT+2 6 min readMoneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.Rich Dad Poor Dad author Robert Kiyosaki is warning that Americans are victims of what he calls a “slow, invisible heist” — one he says most people never even notice until it is too late.In a recent Instagram post (1), Kiyosaki pointed to Aug. 15, 1971 — the day President Richard Nixon took the U.S. dollar off the gold standard — as the moment “the day the slow theft of your savings began.”Top PicksThe ultra-rich use these 5 real estate strategies to build wealth while they sleep — you can start with just $100The IRS usually taxes gold as a collectible — but this little-known strategy lets you hold physical bullion tax-free. Get your free guide from Priority GoldDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s how to fix it ASAPIn the video accompanying the post, Kiyosaki went even further, arguing that the move handed the Federal Reserve “a license to steal.”“Every dollar they’ve printed since that day is a quiet act of robbery, taking purchasing power out of your wallet, your savings account, your retirement fund, and transferring it to the people who control the printing press,” he said.Kiyosaki says he is “furious” because he does not believe the damage is accidental.“This is not an accident,” he said. “The Fed knows exactly what printing money does. Every dollar they create dilutes every dollar you’ve worked for.”To Kiyosaki, this is not just a monetary-policy debate. It is, in his words, “a heist, a slow, invisible heist that most people never even notice until it’s too late.”Kiyosaki’s language is stark. But his broader point speaks to a concern many Americans already feel: the long-term decline in the dollar’s purchasing power.According to the Federal Reserve Bank of Minneapolis (2), $100 in 2026 has the same purchasing power as just $12.25 did in 1971.For many households, that erosion is not an abstract economic concept. Even when they work hard, save diligently and contribute to retirement accounts, their dollars do not seem to stretch as far as they once did.That is why Kiyosaki says he turns to assets the government cannot simply create out of thin air.Own what cannot be printedFor Kiyosaki, the answer is clear: gold.“That’s why I buy gold,” he said in the video. “Gold can’t be printed. Gold can’t be conjured out of thin air by a banking cartel. It cannot be stolen through inflation.”Known as the ultimate safe haven, gold has been used as a store of value for thousands of years. And for investors who worry that paper money can be created endlessly, its appeal is easy to understand.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info