Real Economy vs Fake Economy

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

The Rich Dad Company

Business, Investing

4.1 • 4K Ratings

🗓️ 17 August 2022

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When the markets are doing well because of fake money it's very different than the economy doing well because companies are producing, wages are growing, consumers are buying, or any of the things that create real economic growth. Today's guest explains how all of the money printing that's been happening leaves the real economy behind.
Nomi Prins, the author of Collusion: How Central Banks Rigged the World and her latest book, Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever says, "The Fed is sitting on 9 trillion dollars of giveaway money that flows into the markets that create an appreciation of assets but again, leaves the real economy behind."
Hosts Robert and Kim Kiyosaki and guest Nomi Prins discuss how the financial markets have abandoned the real economy forever and what that means to the average person.
Get Nomi Prins' New Book! https://nomiprins.com/books/#permanent-distortion

Transcript

Click on a timestamp to play from that location

0:00.0	Where did Robert and Kim Kiyosaki go when they need advice?
0:04.4	Investing is a team sport, so who's on their team?
0:07.3	The Rich Dad Advisors.
0:08.9	And now you can have access to the exact team that Robert and Kim use.
0:13.2	Where do the key insights from the Rich Dad Advisors?
0:15.9	The insights that help Robert and Kim build their fortune.
0:19.3	For listeners of the Rich Dad Podcast, the Advisors are giving away for free their new ebook,
0:24.9	five things you need to know before you get started.
0:27.9	Go right now to rda-press.com-free to get your free copy.
0:33.8	If you want to learn the key insights from Robert and Kim's personal teachers, get this free
0:39.0	ebook now.
0:40.2	Go right now to rda-press.com-free to get your free copy of this important book.
0:47.6	The team you choose is very important.
0:50.3	Now you can use Robert and Kim's personal team, the Rich Dad Advisors.
0:54.9	Find your free ebook at rda-press.com-free.
1:05.4	This is the Rich Dad Radio Show, the good news and bad news about money.
1:10.8	Here's Robert Kiyosaki.
1:12.8	Hello, hello, hello, Robert Kiyosaki and Mr. Dad Radio Show, the good news and bad news
1:16.7	about money.
1:18.3	And today a very, very special guest, long time friend, somebody of love and respect
1:23.2	and when her name is Naomi Prince and when she speaks, I listen because she is an insider
1:31.0	to a very, very, very, very, rarefied world.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Rich Dad Company, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Rich Dad Company and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.