Unraveling the secrets of the Medici banking family and their impact on modern finance

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

🗓️ 16 August 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this podcast episode, Robert Kiyosaki and his guest, Mark Moss, delve into the importance of understanding history to predict the future. They discuss the Medici banking family's role in creating the modern monetary system, the significance of sound money like the gold coin called the florin, and the current state of the global economy. They express concerns about the US dollar, rising national debt, inflation, and the potential collapse of the dollar. They touch on topics like gaslighting, capital controls, and the rise of central bank digital currencies. Moss emphasizes the importance of understanding different asset categories and the role of Bitcoin in a changing financial landscape.
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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 is the rich dad radio show the good news and bad news about money here's
0:07.4	Robert Kiyosaki hello hello Robert Kiyosaki the rich dad radio show the good news
0:12.1	about money and today of a very very special friend long time friend Mark
0:16.7	Moss we kind of meet each other on the circuit the speaking circuits of the
0:20.6	world speaking about our favorite subject money and Mark just returned from a
0:26.7	trip through Europe and he has some very interesting points of view on the
0:31.1	history of money how we got started and so it's gonna be a little special show
0:36.0	because the more you know about history the more you can see the future so
0:39.4	welcome to the rich dad show Mark thanks Robert it's such a pleasure being here
0:42.6	with you any chance I get out here oh thank you give us a little bit of your
0:45.6	background first what how'd you get into this business you know right out of
0:50.8	hi I grew up just thinking about how to make money my dad you know I didn't
0:55.5	give me everything so I had to go I had I had to think when I was 12 I wanted a
0:58.9	bike and so what skill did I have right I knew I had a mullons so how could I
1:03.0	take that skill and apply it to the market well I knocked on doors and I
1:05.9	mode people's lawns and so I've always thought of that way so I have to
1:08.9	increase my skills so I could take more to the market good yeah which is how it
1:13.4	should be right out of high school I came out of this crash 89 to 92 real estate
1:18.5	in California had crashed the banks owned all these repos and they were
1:21.6	literally given away right if you just take them over yeah zero down and I didn't
1:26.7	have any money I had to come up with $3,000 for closing costs I didn't even have
1:29.6	that but I got a buddy we partnered up we'd bought some real estate and then the
	...

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