Pictured below is what is taught in schools. FAKE The lessons I teach on fake money, fake teachers, and fake assets are essential to learn in order to make sure you can grow richer in a world that has and continues to change. In spite of all these record increases in prices, the federal government's economists spent much of 2021 saying inflation was transitory, meaning it would be temporary and go away. They become emotional because they have been brainwashed. In school, students are taught that mistakes make you stupid. The Flipper Zero has a built-in infrared module, and this in turn can be programmed to operate a wide range of devices, from TVs to AC units. WebBuy a cheap copy of Fake: Fake Money, Fake Teachers, Fake book. When your banker tells you your house is an asset, he is not lying. In 1971, the U.S. dollar became fiat moneygovernment money. Financial advisors/mentors/parents etc. As of 2018, federal student loan debt is the number one asset of the U.S. government. [PDF] READ Fake: Fake Money, Fake Teachers, Fake Assets: How WebGet ready to be informed and freed with "FAKE: Fake Money, Fake Teachers, Fake Assets" by Robert Kiyosaki, the #1 personal finance author. While were not currently experiencing hyperinflation, as I mentioned earlier, the US is facing the highest inflation rates in recent history. WebAnswer (1 of 5): Plenty of people make fake money. Medium of exchange readily acceptable for financial transactions. They created exotic, and risky, financial instruments, including derivatives and credit default swaps, that produced sugar highs of immediate profits but separated those taking the risks from those who would bear the consequences. With their savings gone, the middle class demanded new leadership. If you do not want to learn to use debt as money, stay out of debt. The average person does not have a team. WebRobert Kiyosaki | Don't Keep Your Money In The Bank #shorts Everyone says you should save money. FAKE The same could be said for your saving, stocks, bonds, mutual funds, ETFs, and retirement plan. When the elites failed, they were paid bonuses. "Fiat money: money (as paper money) not convertible into coin or specie of equivalent value. 1. Help Desk is a destination built for readers looking to better understand and take control of the technology used in everyday life. Join a FREE game of CASHFLOW Classic now , Fake: How Lies are Making the Poor and the Middle Class Poorer, A Rising Dollar Is Hurting Other Currencies, Three Fake Things that Could Ruin You Financially, Fake: How Lies Are Making the Poor and Middle Class Poorer, Use the Power of Play to Escape the Rat Race, Unlock the Door to Wealth: 7 Mindset Shifts to Achieve Financial Success, How to Get Out of Credit Card Debt in 8 Steps. WebUnfortunately Fake money also makes the poor and middle class poorer. That is why Lesson #1 in Rich Dad Poor Dad is: The rich do not work for fake money. Lie #1: Saving money will make you rich. After 1971, that dollar was not backed by anything other than the full faith and credit of the United States government. The #1 lesson in Rich Dad Poor Dad is, The rich do not work for money. Robert Kiyosaki - author of the #1 personal finance book of all This results in hyperinflation where money literally becomes worthless and people use it to create fires rather than to buy things. After World War I, Germany's monetary system collapsed. But at the same time, the cost of borrowing dollars is higher in the US, so there is an influx of US dollars into the US by foreign investors, which strengthens the dollar. Help Desk is a destination built for readers looking to better understand and take control of the technology used in everyday life. And even more doors to financial hell. Why the world is filled with fake money and how you can get richer using it. Learning from mistakes starts with first admitting you made a mistake and then using love and compassion to learn Gods customized lesson, just for you. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. I do not trust anything paper. Robert Kiyosaki author of the #1 Personal Finance book of all time has built a legacy around simplifying complex and often-confusing subjects like money and investing. If the mutual fund makes money, investors receive 20 percent of the reward, the owners of the mutual fund receive 80 percent. WebBest known as the author of Rich Dad Poor Dad the #1 personal finance book of all timeRobert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. There are many doors to financial heaven. Conversely, when you use your credit card, youre printing money for the bank by paying them an interest rate. The FRED chart above shows the United States printing trillions in fake money after the crash of 2008. Education, however, has not changed. For most people, their assets are taking money from their pockets. When a currency is not tied to real money, governments are able to print more and more money out of thin air. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. In 1971, money became debt. A mutual fund is a fake asset. FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Why the world Buckminster Bucky Fuller wrote about Freeing the scholar to return to his studies in other words: getting students out of school and letting them get back to their studies. My banker never asked me what school I went to. All of this is possible because the U.S. dollar is no longer money but instead a currency. Baby Boomers in the United States had an easy life. My rich dads philosophy was that mistakes were how people learn. In 2008, millions of people found out their homes were liabilities. Debtors became winners and savers became losers. Making money on the B and I side of the quadrant is only a game. Money FAKE By 1923, that same pair of shoes was 32 trillion marks! Paper Assets (stocks, bonds, mutual funds, ETFs, and savings) 4. Commodities (gold, silver, oil, food, water.) WebFake: Fake Money, Fake Teachers, Fake Assets : How Lies Are Making the Poor and Middle Class Poorer (Paperback) USD $15.50 (5.0) 5 stars out of 2 reviews 2 reviews If there is deflation, people stop spending, waiting for lower prices. Debt is very dangerous. These cookies ensure basic functionalities and security features of the website, anonymously. Making mistakes makes you stupid. That is insanity. Now look at the chart of what happens to fake money, when our leaders print more fake money. That means less productivity and a lower standard of living Kevin Brady. Since discovering Robert's wisdom by reading this book, I've made a lot of progress and learned a lot I didn't know. One article that caught my attention was on gold. Torrent download sites audio Books Publication PDF FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer by Robert T. Kiyosaki EPUB Download file formats for your computer. He often said, You cant become a champion golfer reading a book. [PDF] FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer Download by Robert T. Kiyosaki. At the age of nine, I became an apprentice to my rich dad. Why do anything differently? Fuller was saying that the invisible people who control the world economy search our schools to find the best and the brightest so they can train them to run the world economy the way they way the world economy to be run. Parents, out of love and a desire to prepare their children for life when they are gone, teach students not to make mistakes so they can be accepted socially. FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are In FAKE: Fake Money, Fake Teachers, Fake Assets, Robert Kiyosaki delivers insights and answers that help ordinary people -- who probably haven't had a lot of An electric currency carries electricity from one place to another. Paper assets are best for the average investor, a person without much financial education. That is why there is no financial education in our schools. I have invested $100 invested. When it comes to money, we have all been brainwashed. The cookie is used to store the user consent for the cookies in the category "Analytics". ", Looking up at my rich dad I asked, "Does this mean money can be created out of thin air? McDonalds bet on viral success with its Grimace shake. TikTok But opting out of some of these cookies may affect your browsing experience. People do crazy things for money, even kill a loved one, deal in drugs, sell their body, marry for money, or work at a job they hate. The elites created an economy built on deals that moved assets around instead of building new ones. When markets crash, the rich simply borrow money and buy back workers shares at bargain basement prices. Real financial education: Seeing with your mind what your eyes cannot see. Gladwell also wrote that talent alone is not sufficient to guarantee success. Copyright 2023 Blue Silver Consulting LLC, fake money fake teachers fake assets - robert kiyosaki, How To Invest In Real Estate Without Making These Mistakes Robert Kiyosaki [The Rich Dad Radio], Top 40 Profitable Business Ideas to Start Your Own Business in 2022. Brainwashed people become upset when they hear things like: They become upset. For a few people, the fear of failing financially inspires them to learn, to become real student, and to seek real teachers. Our school system trains people to be employees. Big business attracts small business, which means more jobs, and more jobs mean more housing, more schools, more government service employees, and more taxes to city and state govenments. Today I'm sharing to youFAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer EPUB PDF Download Read Robert T. Kiyosakiand this ebook is ready for read and download. Most important, we did get a lesson on real money. Gold and silver were here during the formation of planet Earth. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. In other words, my mistakes are customized to me. Financial IQ is measured in money. Government money has no integrity. Chickens do not have bookkeepers, tax accountant, and tax attorneys. Memorizing answers rather than learning by making mistakes, Decreeing that there is only one right answer that the teachers have, Delineating right versus wrong, rather than the concept of three sides to every coin, Grading on the bell curve, where there are smart people and stupid people. Taxes are patriotic. My mind was my problem. Never in the history of the world had one nation's fiat currency been the world's money. The flood of money that resulted caused uncontrolled inflation. At least a subprime mortgage can be forgiven via bankruptcy. IQ is a measure of a persons ability to solve problems. WebGet ready to be informed and freed with "FAKE: Fake Money, Fake Teachers, Fake Assets" by Robert Kiyosaki, the #1 personal finance author. 8 sold in last 25 hours. Given the global insecurity between pandemics and war, its not hard to imagine a scenario where we see hyperinflation. Why Savers are LOSERS - Robert Kiyosaki [ Millennial Money ] They wait for prices to get lower, which may lead to financial depression. Most financial planners and CFPs sold only paper assets and insurance for commissions. Did you? What business is McDonalds in? My banker has never asked me for my GPA. Adolf Hitler was elected Chancellor of Germany in 1933 and, as we know, World War II and the murder of millions of Jews followed. In 1971, Nixon put the final nail in the coffin of the gold standard. Historically, printing fake money has always ended in either depression, revolution, war, or all of the above. Today there are three types of modern money. Today, the U.S. is the largest debtor nation in history due in part to this change. Money, When I talk to my banker, my banker wants to see my financial statement. Assets put money in your pocket. The moment you operate from the concept of right and wrong, your intelligence is cut in half. Many actually believe they are entitled to be rich. Money is a crazy subject. This cookie is set by GDPR Cookie Consent plugin. Today, people without real financial education are blind. The moment confidence is gone, government money is toast, the dollar collapses, and the avalanche comes tumbling down the mountain, decimating everything in its path. Blessed are the young for they shall inherit the national debt. Herbert Hoover, If there were no government-guaranteed student loans, college tuition would be much lower. Gary Johnson. Robert pulls no punches in his assessment of what is passed off as fact or conventional wisdom and believes that a strong foundation-for anything we want to build-needs to start with solid, true information.