The Most Dangerous Disconnect: Financial Markets vs. Real 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

🗓️ 28 June 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are you worried about the state of the economy? Do you feel like the Federal Reserve Bank is not doing enough to help? In this episode of the Rich Dad Radio Show, Robert Kiyosaki and Kim are joined by Nomi Prins, author of "Permanent Distortion: How Financial Markets Abandoned the Real Economy Forever," to discuss the disconnect between the financial markets and the real economy. The most valuable lesson from this podcast is that people need to take control of their own personal economy and invest in tangible assets like real estate and silver coins, which cannot be printed by the Fed. Don't miss out on this insightful discussion about the Fed's policies, the potential consequences of a Fed coin, and the importance of financial education.

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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.

This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5712278/advertisement

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	Robert Kiyosaki, the Rich Dad Radio Show, the Good News and Bad News About Money.
0:14.0	We're broadcasting the beautiful Scottsdale, Old Town Scottsdale, Arizona.
0:19.0	And we have a very special guest, longtime friend.
0:23.0	Her name is Nomi Prince.
0:25.0	I read her book, Collusion, How Central Banks Rigged the World.
0:30.0	And Nomi, as I said last time, I was up in Alaska,
0:32.0	chasing brown bears and reading your book.
0:35.0	And I kind of hope the brown bear would win at times.
0:39.0	But anyway, we're here talking, your favorite subject,
0:43.0	and it is the Federal Reserve Bank. Any comments, Kim?
0:45.0	Well, Nomi, so great to have you on the show.
0:47.0	Love always catching up with you and you're so on top of things.
0:51.0	And I love that you've got your new book out. And the new book is called Permanent Distortion.
0:56.0	How Financial Markets Abandoned the Real Economy Forever.
1:00.0	So the Real Economy and the Financial Markets are totally unaligned.
1:05.0	So we can talk about that a little bit. But let's just get right into it.
1:08.0	Because there's so much to discuss.
1:09.0	If I could make a comment before Nomi comes on, because being a former US Marine,
1:13.0	I got to say it, you know.
1:16.0	Today we have President Biden, we have Vice-President, what's her name?
	...

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