Is the US Dollar Just an IOU? Exploring the Good and Bad News About Money

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

🗓️ 12 July 2023

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of the Rich Dad Radio Show, Robert Kiyosaki and Doug Casey delve into the fascinating world of money, sharing both the good and bad news. They stress the significance of investing in hard assets such as gold and silver, as they harbor doubts about the government's reliability and view the US dollar as merely an IOU. The duo explores the potential for a significant transfer of wealth and the exciting opportunities that lie within unconventional investments.

Doug Casey, a seasoned traveler and explorer, passionately discusses the importance of gaining real-world experiences. He shares his love for venturing into unconventional countries, highlighting the valuable insights and perspectives that can be gained from such experiences.

The conversation also touches on the challenges currently faced by the stock market, prompting Kiyosaki and Casey to suggest exploring alternative investment avenues. They specifically mention the shipping industry as an area worth considering due to its potential for growth and profitability.
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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 episode is brought to you by Crackin Pro with all new trading features and a fully customizable interface.
0:07.0	It's Crackin's most powerful crypto trading platform. Well, ever.
0:11.0	Head to pro.crackin.com and trade like a pro.
0:14.0	Cryptocurrencies are unregulated in the UK.
0:16.0	Prophies may be subject to capsule gains tax and the value of cryptocurrencies can go down or up.
0:22.0	This is the Rich Dad Radio Show, the good news and bad news about money.
0:28.0	Here's Robert Kiyosaki. Hello, hello, Robert Kiyosaki.
0:32.0	We're at the show. We're brought to the good news and bad news about money and we're broadcasting from Scottsdale, Arizona.
0:38.0	We're either having our hell and right now June is getting close to hell right now, but it's a dry heat.
0:44.0	We have a very special show today, long time friend and authority in his field, most respected.
0:52.0	And man, I listen to you and I have shared the stage in many parts of the world together and I go to learn from this man.
0:59.0	This man is Doug Casey. He's the author of crisis investing and he's known as international man.
1:07.0	And every time I talk to Doug, I've got to ask him where in the world are you?
1:11.0	Doug, welcome to the Rich Dad Show.
1:14.0	Thanks Robert. It's a pleasure to be here with you.
1:19.0	I flew up from Uruguay where I am about half the year, either Uruguay or Argentina last week.
1:25.0	And I'm now on the shores of the Chesapeake Bay in Virginia.
1:29.0	Good for you. Good for you.
1:31.0	Anyway, I love South America and the people.
1:36.0	I'm going to get back to work here.
1:39.0	What I was saying to Rick Rull, another person I respect immensely, is kind of the theme song of people like you and me.
1:48.0	We're kind of hard to ask with guys. I like gold and silver.
	...

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