How Does the Debt Ceiling Affect the Economy?

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

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 31 May 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Robert Kiyosaki, Greg Arthur, and Andy Tanner discuss the debt ceiling and its impact on the economy. They provide foundational information on the debt ceiling, its history, and the role of Congress and the Federal Reserve in fiscal and monetary policies. They also emphasize the importance of financial education and making informed decisions when investing. Andy Tanner explains the benefits of a market crash for investors and advises them to focus on buying assets that cash flow well. All three caution listeners to not blindly follow their advice and to get financial education before investing.
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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.

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Transcript

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0:00.0	This is the Rich Dad Radio Show, the good news and bad news about money.
0:07.0	Here's Robert Kiyosaki.
0:09.0	Hello, hello, hello, and welcome to the Rich Dad Radio Flash Podcast show.
0:14.0	That's my best Robert Kiyosaki impersonation anyway, it starts to show that way.
0:18.0	So I thought I would make sure you all know you are on the right show,
0:22.0	but it's not with Robert Kiyosaki today.
0:25.0	Instead, we're going to bring on Andy Tanner, who I'll tell you about in a minute.
0:29.0	Andy, you can wave if you want, but don't talk yet.
0:32.0	Andy and I came up with three goals for our show today, so I thought we'd share those.
0:36.0	One, we want to tell you something that's going on in the world right now that we think you should know about.
0:40.0	You probably have an inkling what's going on, but we want to get Andy's insights.
0:44.0	Two, we want to let you know what we think, how it's going on is going to affect you, the viewer, listener, personally.
0:50.0	And three, we want to give you some ideas, maybe some action ideas to consider doing for your own personal life, your own well-being.
0:58.0	So as I said, our guest today is Andy Tanner, who is a wealth expert, a rich debt wealth expert on the rich debt newsletter.
1:08.0	They'll probably be a link in the show notes. I don't really know how those things work, but I want to read a quote to you about Andy Tanner, who is not a good quote.
1:17.0	You don't got to sweat this.
1:19.0	This is actually a quote from Robert Kisaki.
1:22.0	I should also mention Andy Tanner has a best seller cash flow stock market cash flow.
1:28.0	Did I get that right?
1:29.0	That's right.
1:30.0	Stock market cash flow.
1:31.0	Stock market cash flow.
	...

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