The Day Capitalism Died

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

🗓️ 25 August 2021

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

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Summary

A follow-up to the episode celebrating the 50th Anniversary of the day Nixon took the dollar off the gold standard, guest George Gammon is in the studio to discuss how creating unlimited amounts of money has created “monetary heroin.”
George Gammon, a former entrepreneur, turned investor, and host of The Rebel Capitalist Show, says, “The Fed is buying $120 billion a month in treasuries and mortgage-backed securities creating basically quantitative easing, and they haven’t been able to stop. If our economy was healthy, they wouldn’t need to do $120 billion a month in quantitative easing.”
Hosts Robert and Kim Kiyosaki and guest George Gammon discuss how the national addiction to debt could eventually end in hyperinflation, and the three things you should be investing in to prepare for a crash.
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Transcript

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0:00.0	Robert Kiyosaki has always said,
0:01.9	The Rich Don't Work for Money.
0:03.4	And he has proven it for decades.
0:05.2	It's no secret Robert built his fortune in real estate,
0:08.0	and he's started with a single condo he acquired
0:10.4	with none of his own money.
0:11.8	Now, you can start building your financial fortune
0:14.5	in real estate, even if you have no cash, credit, or experience.
0:18.5	That's right, anyone can do it if you know how.
0:21.2	Robert has taught people from every walk of life
0:23.4	to build their financial fortunes in real estate time and time again.
0:26.9	Robert's stated mission has always been
0:28.7	to elevate the financial well-being of humanity.
0:31.4	That's why he's personally hosting a free, one-hour online training seminar
0:35.4	called How to Start Building, Your Financial Future in Real Estate,
0:38.7	where he'll discuss his proven strategies
0:40.5	to acquire real estate no matter what your current financial circumstances are.
0:44.3	Robert's free training seminar will give you the knowledge and confidence
0:47.2	to finally take action and create the kind of life
0:49.3	and financial freedom you deserve.
0:51.2	And when you register now at richdadfree.com-flashstart,
0:54.7	you'll also get a free copy of Robert's wealth-building e-book
	...

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