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

Big Brother and Your Money: The Impact of Central Bank Digital Currencies

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

🗓️ 10 July 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

In this episode of the Rich Dad Radio Show, Robert Kiyosaki and guest George Gammon dive into the complex world of modern money, discussing the implications of Fed Coin, central bank digital currencies (CBDCs), and the banking system's vulnerabilities. They explore the impact of historical financial systems, the potential loss of privacy with digital currencies, and the current state of the global economy.

Through engaging analogies like the inverted yield curve as a financial tsunami warning, the discussion covers how individuals can prepare for impending economic challenges. With real-life examples and insightful commentary, this episode is a critical guide for understanding and navigating the uncertain financial waters ahead.

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Please read carefully.

This is not financial advice.

You may be asking, “what does that mean?”

Let me explain…

Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.

We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.

Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

Transcript

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0:00.0

Oh, he's cute. Mr. I can never sleep when I'm traveling. He's hugging his pillow like a sloth on a branch.

0:10.0

He couldn't sleep before. Now listen to him. Sounds like an elephant with a chest infection.

0:15.0

Well, they call him a dreamer. And now they're right.

0:19.0

All aboard, Mr. I can never sleep when I'm traveling.

0:23.0

Find all the comfort you need in the quiet lounge.

0:26.0

Piando Ferries, there is another way.

0:29.0

This is the Rich Dad Radio Show, the good news and bad news about money.

0:37.0

Here's Robert Kiasaki.

0:39.0

Hello, hell, Robert Kiosaki, that's Dad radio show.

0:42.0

The Good News and Bad news about money or whatever is money today,

0:46.7

because we don't know what it is anymore.

0:49.3

And it's a very, very important shows.

0:51.4

I think all of our shows are important, but there's a lot of rumor about. very important

0:53.0

but there's a lot of rumor about the Fed coin and CBDC

0:57.0

Central Bank digital currency.

0:59.0

There's also Bitcoin and now Fed now. So the question is what is money and what does it mean? And anytime

1:08.3

there's a big change, there's always the rumor goes up and you know speculation and panic and all this and it's for

1:16.9

good reason you know throughout history who can who controls the money controls the

1:21.2

world and since 1944 America has the money,

1:25.0

with the money, with the U.S. dollar being the reserve currency of the world,

1:30.0

which caused America to boom, but it also caused many problems and when we lose our

1:36.3

reserve currency status we started in 1944, the question is what happens after

...

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