MORE Explosive Wealth Trends – Robert Kiyosaki, Kim Kiyosaki, Jeff Wang, and the Real Estate Guys

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

🗓️ 23 March 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Robert and Kim Kiyosaki are joined by an esteemed panel of experts including the Real Estate Guys, Russell Gray and Robert Helms, as well as Cryptocurrency expert, Jeff Wang for more on how investors use debt to create wealth and where we are headed with Crypto and why it’s important. Plus, don’t miss Robert’s pick for the best investment option! We encourage you to not miss out. Also, if you enjoyed this segment and haven’t seen the first part of Explosive Wealth Trends, you can find it now on YouTube.
After viewing this event, take advantage of a special offer for YouTube viewers to help you get started as an investor: https://bit.ly/RDRpodcast3DP2
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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	It's Robert Kiyosaki and a very important program to you.
0:13.0	With guys like Jeff Wann, glad you're on this program and the real estate guys are on this program
0:17.0	because we're at the opposite ends of the spectrum on the big picture.
0:21.0	When you look at what happened in 1971, it's been 50 years now.
0:25.0	They started printing money and what their intention was not real estate, it was stock market.
0:33.0	What happened is when they started printing money in 1971, then they pushed to get gold become, you know, so Jeff,
0:45.0	when you guys are talking about Bitcoin, gold was illegal for humans, for Americans to own.
0:50.0	That happened in 1974 under this guy named Gerald Ford Dopey.
0:57.0	That would happen between 61 and 81.
1:02.0	Nobody was buying stocks because of my generation, baby generation, only people who invested in stocks were gamblers.
1:11.0	Most people were in bonds.
1:13.0	What happened was they had to find a way to incentivize people to get into stocks.
1:20.0	What happened in 1987 was that stock market crash and was called the Greens Ban put so it was just on time.
1:28.0	What happened in 1974, they started putting people into 401Ks because they had to find a way to force the idiots to buy stocks.
1:37.0	Meanwhile, real estate comes along because they can't figure out how to stop us from using debt because the dollar became debt in 1971.
1:47.0	That's macro.
1:49.0	The only way they could get debt to make sense was to increase taxes.
1:54.0	That was in 1913, the Federal Reserve Bank was created, was so as IRS created.
2:00.0	That's macro.
2:02.0	For their to be the dollar, they had to be taxes.
	...

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