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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Bad Money Drives Out Good Money

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 14 April 2021

⏱️ ? minutes

🧾️ Download transcript

Summary

In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. Today’s guest says, “This has been happening all throughout history.”
In this episode you’ll learn:

Bad Money (Fake gold) vs. Good Money (Real gold)

Why silver is becoming more scarce and what that means for its price

What the future holds for real gold and silver


Kevin DeMeritt, Founder and Operator of Lear Capital, says, “Silver’s forecast is much better than gold, because the Biden Administration is looking at implementing a $2 Trillion green energy program.”
Hosts Robert and Kim Kiyosaki and guest Kevin DeMeritt discuss what’s in store for gold and silver in 2021 and where you should be putting your hard-earned dollar.
OFFER FOR RICH DAD LISTENERS:
Call Lear Capital and learn more about owning physical gold and silver, and the first 75 callers will receive a silver mercury dime (minted in 1916-1945). Call in and get the FREE Information: 800-511-1960.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Robert Kiyosaki has always said,

0:01.9

The Rich Don't Work for Money.

0:03.4

And he has proven it for decades.

0:05.2

It's no secret Robert built his fortune in real estate,

0:08.0

and he's started with a single condo he acquired

0:10.4

with none of his own money.

0:11.8

Now, you can start building your financial fortune

0:14.5

in real estate, even if you have no cash, credit, or experience.

0:18.5

That's right, anyone can do it if you know how.

0:21.2

Robert has taught people from every walk of life

0:23.4

to build their financial fortunes in real estate time and time again.

0:26.9

Robert's stated mission has always been

0:28.7

to elevate the financial well-being of humanity.

0:31.4

That's why he's personally hosting a free, one-hour online training seminar

0:35.4

called How to Start Building, Your Financial Future in Real Estate,

0:38.7

where he'll discuss his proven strategies

0:40.5

to acquire real estate no matter what your current financial circumstances are.

0:44.3

Robert's free training seminar will give you the knowledge and confidence

0:47.2

to finally take action and create the kind of life

0:49.3

and financial freedom you deserve.

0:51.2

And when you register now at richdadfree.com-flashstart,

0:54.7

you'll also get a free copy of Robert's wealth-building e-book

...

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