Work Less, Pay Less: Why Deflation is Key to an Abundant Future

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

🗓️ 14 October 2020

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, the world is facing many of the same problems that were being faced before the Great Depression set in. The world’s governments are facing massive and unsustainable debt and today’s guest says you “can’t solve a debt problem with more debt.” The problem we’re facing today is that technology is advancing far faster than the governments can keep up with—it’s a true battle between the Industrial Age and the Information age.
Jeff Booth is the author of “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future” and he believes that technology-driven deflation is a significant challenge for the global economy, and central banks attempting to create artificial inflation through monetary policy are doomed, ultimately, to failure.
Hosts Robert and Kim Kiyosaki and guest Jeff Booth discuss why the world will need to move to a deflationary economy and why you should care.
Website: https://thepriceoftomorrow.com
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Transcript

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0:00.0	Don't Be Like Charlie.
0:03.0	Charlie is that do it yourself or who does himself in.
0:06.5	Do it yourself is good for tile and grout.
0:09.0	It is not good for asset protection.
0:11.5	Charlie thought he'd save a few dollars forming his LLC online.
0:15.5	With no guidance, he did it wrong.
0:17.5	When he sold the property, he lost thousands and thousands of dollars.
0:21.5	He did himself in by trying to do it himself.
0:24.5	Don't burn yourself.
0:26.0	Use corporate direct to set up and maintain your LLCs and corporations.
0:31.0	Corporate direct is owned and operated by attorney and rich dad advisor Garrett Sutton.
0:36.0	Garrett wrote the best seller's loopholes of real estate and start your own corporation.
0:40.5	He is Robert Kiyosaki's attorney for asset protection.
0:44.0	He and his team will do it right.
0:46.0	Visit them at corporatedirect.com or call 800-600-1760.
0:51.5	mention rich dad and receive $100 off your formation fee.
0:55.5	That's corporate direct.com. Corporate direct.com.
1:00.5	Did you hear about rich dad's new podcast Malayamani?
1:04.5	Don't you want the truth about money and not just the lies and media selling you?
1:08.5	Don't you want to control your own future?
1:11.5	Then join me, Alexandra Gonzalez-Gonesa, as I interview the number one personal finance author in the world.
1:18.5	Robert Kiyosaki, as well as many of the world's greatest thinkers about money, finance and the economy.
	...

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