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

Will the Financialization of the Economy Cause a Stock Market Crash and Depression?

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

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 18 October 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

In this episode of the Rich Dad Radio Show, host Robert Kiyosaki and guest George Gammon discuss the financialization of the economy, the state of the dollar, and the potential impact of a stock market crash. They explore the concept of the economy as a balloon, the role of central banks in propping up the stock market, and the effects of fluctuations in the value of the dollar on debt repayment. They also touch on the potential deflationary impact of rising gas prices, the shift from investing in oil to electric vehicles, and the future value of commodities like silver and copper. The episode concludes with a discussion on the wisdom of investing in assets with no counterparty risk, such as gold or bitcoin, in times of uncertainty.

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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

Meet Charlie. She loves dogs. Guilty.

0:02.9

She powers her pup empire with Shopify.

0:06.0

The sales won't stop. With Charlie's tech needs sorted,

0:09.2

she can focus on turning her home business into a global operation.

0:13.3

Yes boy, join Shopify, the commerce platform

0:15.9

powering millions of businesses worldwide.

0:18.0

This is Possibility, powered by Shopify.

0:20.4

Sign up for a free trial at shopify.co.uk slash green.

0:24.5

Go to shopify.co.uk slash green to start selling online today.

0:30.4

This is The Rich Dad Radio Show.

0:34.2

The good news and bad news about money.

0:37.0

Here's Robert Kiyosaki.

0:38.8

Hello, hello, Robert Kiyosaki.

0:40.4

The Rich Dad TV Radio Show.

0:42.6

What have you called these things now?

0:44.4

But anyway, there was a special guest.

0:46.8

He used to be in my room.

0:47.8

Made that Rich Dad in Scottsdale.

0:49.4

And that balloon hanging in the background

0:53.3

is courtesy of George Gammon.

0:55.6

And I'll let George explain the concept of the balloon.

1:00.0

The other is game board for Rich Dad

...

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