What is the best investment Now.
” what’s the best investment now because real estates coming down stocks are coming down . Look at the gold and silver. You can print the money but you cannot print this gold and silver. This is always be the king investment of all time. ”
Robert Kiyosaki is an entrepreneur, educator, and investor, best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time.
He has challenged and changed the way tens of millions of people around the world think about money. And he has become a passionate and outspoken advocate for financial education.
Robert kiyosaki is the author of book FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle-Class Poorer . Robert Kiyosaki broke the internet with this life changing speech. They don’t want you to see this! This is why the poor stay poor and the rich get richer!
Robert Kiyosaki #shorts #rich #money #financialeducation
16 Comments
U can find silver in undiscovered ores. But Bitcoin is the real scarce asset
ALL fiat currency is debt, that's the only way the Fed makes it, whether through government bondage note, or private bank loans.
Bankers have developed four practices that
are unsustainable and catastrophic.
If we dont understand the causes of a problem we will address the symptoms or actors, not the causes.
1st. Large private and Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest.
An increasing population needs an increase in currency, but it is ALL created as a debt to the Central Bank, bearing interest.
This indebts the whole world, every person, every government, in totally unpayable debts, ( because where can the interest come from) enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, registrations, regulations, rates, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.)
2nd. Because of the first fault, (wherein a Central bank has the Exclusive franchise to create ALL new money,) and they attach interest to it, (which they do not create) they must continually create more currency to pay the interest on the last round debts and to resupply liquidity as debt repayments suck the currency they created out of the national economy.
Inflation, (or rather, devaluation) through deliberate currency oversupply, is intentional and destructive to all but the rich. There is virtually no limitation on fiat currency creation.
Adding to this is fractional reserve banking wherein private banks effectively create massive new Currency volumes, blowing massive bubbles (in housing/CRE/stocks) which devalues everyone's savings, work, 401k & pension, by raising all prices.
We call this inflation, but it's really devaluation of your savings, time, work.
Shrinkflation further adds to our reduction and desolation.
The fix ? The first step is to end Central Banks and return to Sound Metalic Money. This will slow the rate of currency creation and make it much more difficult to devalue our wages and savings by currency 'printing.'
The 2nd step would be to legislate that banks publish their reserve ratio. So if they have $1000 on their books in deposits, and $500 in loans, that's a 50% reserve ratio. We could legislate a reserve ratio, or alternatively, by openly publishing this people can choose the risk they are willing to take.
This will change banking and we need to change banking, because it is destructive. The banks wont be able to make as much, and that's a good thing.
We need to make money anything the people want, but legal tender must meet Metalic standards under the office of weights and measures, and national and state treasury departments and mints could produce and release real intrinsic value Money.
This will not create inflation like some bankers/economists would have you think.
It is not who creates currency that drives the Constant devaluation of your work & money, it is THE VOLUME per population/ productivity.
The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This was multiplied as deposits were rolled back into cheap real estate loans creating bubbles, which further lever up equity to back more loans.
You can't spend it off planet, and we've had no increase in population or productivity. How can it not devalue our savings, wages and retirement funds by a similar % as it enters the economy ?
3rd problem. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system. Taxation and the 'legal' currency label attached to fiat creates artificial demand for fiat currency.
The fix ?
Return to Silver, Gold, Copper & Nickle currency, designated by weight, not cents/dollars. These will find their own local value. These can't be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeiting. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep government mints honest.
Do not allow bankers and economists of the current system to con you into believing there isn't enough Metalic Money. You float its value, mint it by grams and you have a Gold and Silver backed currency. Same with Copper & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce. Or grams in similar fashion. Never give it a 'value number,' which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it 'slow money," like 'slow food.' It's slower for sure, but it's 10 times better for you.
Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one.
4th. The 'World Bank' and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation's simply to survive.
Correct these 4 Principles and >80 % of a nation's problems would disappear.
Do not allow your masters the Debt slave creator's to tell you it can't be done. They are not seeking your best interests, but theirs. It is easily done.
Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency. Convert your garbage fiat currency into Gold and Silver or prepare for destruction.
Come to think of it, you better prepare for destruction anyway. The bankers motto is : 'Preserve your Capital at all costs.' The bankers are buying Gold. We the people can afford Silver.
Real
hey now they can write in text on computer or website or whatever you name it.
Bullshit
👍
You can mine more silver. But there are only 21 million BTC.
Go head mislead them 🤦🏽♂️🤦🏽♂️🤦🏽♂️
I never understood a single thing out of this dude
you had open silver company
K: You cannot print this
3d printer: hold My beer
Debt!
He talks too much crap
Blahblah bla blah
Hubba bubba
If you dont believe Robert his mate is pretty smart with money but its amazing how you can show someone something of value about how to get ahead time and time again they turn on you its crazy so they start a riot some people are wored that way 😊
I know my money ant fake. Lol