50th Anniversary of the Day Savers Became Losers - Robert Kiyosaki, Ken McElroy, and Tom Wheelwright
In 1971, President Richard Nixon, without the approval of Congress, took the U.S. dollar off the gold standard and changed the rules of money—not just for the United States, but also for the world. Today’s guests discuss how this change allowed the United States to print almost unlimited amounts of money and create as much debt as it wanted.
After 1971, savers became losers, debt became money, and the rich got richer.
Ken McElroy, Rich Dad Advisor on Real Estate, says, “We’re borrowing from banks at 3% or less, and inflation is way higher than we’re borrowing. So why wouldn’t you borrow other people’s money in the form of debt?”
Rule #1 of the rich is for every $1 of asset you buy, you get a dollar deduction on your taxes. Tom Wheelwright, Rich Dad Advisor on Taxes, says, “The more assets you have, the fewer taxes you pay.”
Hosts Robert and Kim Kiyosaki and guests Ken McElroy and Tom Wheelwright celebrate the 50th Anniversary of the day debt became money and savers became losers.
Tom Wheelwright: www.wealthability.com
Ken McElroy: www.kenmcelroy.com
#robertkiyosaki #financialeducation #kimkiyosaki
https://www.richdad.com/
Facebook: @RobertKiyosaki
https://www.facebook.com/RobertKiyosaki/
Twitter: @TheRealKiyosaki
https://twitter.com/theRealKiyosaki
Instagram: @TheRealKiyosaki
https://www.instagram.com/therealkiyosaki/
Видео 50th Anniversary of the Day Savers Became Losers - Robert Kiyosaki, Ken McElroy, and Tom Wheelwright канала The Rich Dad Channel
After 1971, savers became losers, debt became money, and the rich got richer.
Ken McElroy, Rich Dad Advisor on Real Estate, says, “We’re borrowing from banks at 3% or less, and inflation is way higher than we’re borrowing. So why wouldn’t you borrow other people’s money in the form of debt?”
Rule #1 of the rich is for every $1 of asset you buy, you get a dollar deduction on your taxes. Tom Wheelwright, Rich Dad Advisor on Taxes, says, “The more assets you have, the fewer taxes you pay.”
Hosts Robert and Kim Kiyosaki and guests Ken McElroy and Tom Wheelwright celebrate the 50th Anniversary of the day debt became money and savers became losers.
Tom Wheelwright: www.wealthability.com
Ken McElroy: www.kenmcelroy.com
#robertkiyosaki #financialeducation #kimkiyosaki
https://www.richdad.com/
Facebook: @RobertKiyosaki
https://www.facebook.com/RobertKiyosaki/
Twitter: @TheRealKiyosaki
https://twitter.com/theRealKiyosaki
Instagram: @TheRealKiyosaki
https://www.instagram.com/therealkiyosaki/
Видео 50th Anniversary of the Day Savers Became Losers - Robert Kiyosaki, Ken McElroy, and Tom Wheelwright канала The Rich Dad Channel
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Partner With The Government To Pay Zero Taxes - Robert Kiyosaki, Tom Wheelwright, and Ken McElroyRICH VS POOR MINDSET | An Eye Opening Interview with Robert KiyosakiROBERT KIYOSAKI 💰 - WHY DEFI IS THE BIGGEST OPPORTUNITY IN CRYPTO RIGHT NOW 🎬Episode - London RealTHE BIGGEST MISTAKE YOUNG PEOPLE MAKE - ROBERT KIYOSAKIWeak Men Create Hard Times - Robert Kiyosaki, Kim Kiyosaki, @Mark MossWarning Signals That Bubbles Are Bursting - Robert Kiyosaki & Bert DohmenThe Rise of America - Robert Kiyosaki and Marin KatusaTHIS IS WHY ONLY 1% SUCCEED | An Eye Opening Interview with Robert KiyosakiWho REALLY Runs The World and How to Protect Yourself - Gerald CelenteIs Real Estate Really That Expensive? - Robert Kiyosaki, Kim Kiyosaki and Jason HartmanThe Real Reason the Elite Count Gold as a Real Asset - EB Tucker and Robert KiyosakiThe SEVEN Things You NEED To Learn for Your Financial FREEDOM - Robert KiyosakiHow to Become an Entrepreneur During a Crisis - Robert Kiyosaki, Kim Kiyosaki and Steve SchulzeWhy the World Needs Assets Such as Bitcoin - Robert Kiyosaki and Jeff BoothThe Coming Financial Crisis and the Return to Gold - Robert Kiyosaki, Kim Kiyosaki, and Jim RickardsHow To Make Money Online - Brian Rose and Robert Kiyosaki [The Rich Dad Radio Show]In GOLD We Trust - Robert Kiyosaki [Full Radio Show]Robert Kiyosaki 2019 - The Speech That Broke The Internet!!! KEEP THEM POOR!"You Will Never Be Poor Again" | START DOING THIS TODAY!!!Fake Money Is Making You Poorer! Why Savers are LOSERS - Robert Kiyosaki [ Millennial Money ]