@@cherrytung i would like to say no, but i think its true. Why? Becouse the most powerful rich people in us or world, control almost every thing. These people seem to think about power and money, they dont want peasants like you and me to know how the real world works :) Think about what the schoolsysem teaches us; you can not learn about entrepreneurship, how money works and you will increase debt. In some books robert sort of says the same thing. If you want to know more, whatch all documentaries about the crisis of 08.
You really believe that gold will not be traded for goods? Gold is the only form of value that has held up historically when currencies collapse or hyperinflation kicks in.
@@JAYCEE-xm5ddis gold indexed against the dollar? If so, I find it kind of strange that something of intrinsic value would be indexed against fiat currency. The whole commercial world is ran by Satan. When you trade your gold for fiat your giving value for nothing with intrinsic value. Commercial paper is bond paper with a number printed on it by our lustrous government CORPORATION which is nothing more than foreign agents working in DC pretending to be a government.
I am getting it why it's so crucial for the school not to change the system. If they do, all current teachers are outdated. They are teaching what seem to be useless in real world. Especially business world. Well, I could recommend a lawyer or doctor to go to school. But entrepreneur should learn from People who are actually building businesses
Does the expanding balloon/“fake money” refer to the printing of money? If so, I understand, conceptually, that an ever-increasing money supply causes an ever-decreasing value of the dollar, but what are the specific subsequent events that ultimately lead to the “popping of the balloon,” and how does the “popped balloon” metaphor translate in terms of what life will be like for the average American should that eventuality come to fruition? I might need the “...for major dummies” version 😊. Thank you.
Why would that be explained. People like to talk as if they know what they're saying, so if you're confused there is a chance you'll buy into it. What is "fake money"? All money is fake. It's an agreement on the value of a good or service, that's it, and agreements can be broken, trust betrayed. No, it's not selfish capitalism that makes us win.
I don't see how taking money off the gold standard makes it "fake". It just isn't directly backed by gold anymore. If the money is "fake", why can you still buy gold with it (and every other asset)? What do you mean by fake anyway?
And he was completely right, happened in 2020 and 2022 and the same thing happened as it did in '08 so eventually it will crash once again and again and again until eventually the economic dominance change from the US to China
Naomi I just finished reading the Creature from Jekyll island. Absolutely brilliant work. The amount of labels i have sticking out the side of practically every page is testament to its content.
Apparently, it would be perfectly legal in the United States to mint a $1,000,000,000 (One Trillion Dollar) coin to retire debt and store it in a Treasury vault somewhere. Not sure what happens eventually with this but there is talk that China and others might have currency backed with Gold.
There is truth to this, but I've been hearing you say this since the 90's on how all the baby boomers were going to bring down the economy when they retired, and here we are almost 2020 now. What I'm saying is this may take another 30-50 years and you might not even be around to see it.
Robert, 10 years ago I watched you doing infomercials about how to be rich in real estate. Back then I thought you were full of BS. Until last year, someone let borrowed your book The Buisness of the 21 Century. I googled the "gregarian" theory and most of the stuff you mentioned in the book. Wow!! You are an Amazing teacher!! LOVE YOUR TEACHINGS!! Thanks to your book, I know have a Millionaire's mentality!! I always look forward to your Rich Dad radio show. 👍💪💪👍👍👍💪💪💪💪
FRAUD! Kiyosaki is the subject of a class action suit filed by people who attended his seminars and has been the subject of two investigative documentaries by CBC Canada and WTAE USA. Kiyosaki's company, Rich Global LLC, filed for bankruptcy in 2012
All this is fake money, the only thing that is not Fake money is .... everything is depends with the human attachment and significance of the resource. If you convince everyone that ostrich shit is more expensive than the gold, then people will daub themselves with it.
I stopped watching this after the first 30 seconds. Just because I'm interested in learning more about monetary economics doesn't mean I'm an idiot who needs inflated balloons for illustration. This is a very condescending way to explain things.
Mr kiyosaki,Alejandro cardona, Napoleon hill, Diego alban, Jonathan Alvarez,Daniel Guarin& Hector mendez You guys are now part of my powerful team powered by JESUS. GOD BLESS YOU GUYS. 🙏🙏🙏🙏🇨🇴🇨🇴🇨🇴🇨🇴📈📈📈📈📉📉📉📉💰💰💰💰💰💰✈✈✈✈✈✈
hehehehe................I finally understand!!!!!!! yeeee!!!! I really understand!!!!! so that what Robert means when he says "the bubble". Thanks Robert.
These things are only for america or countries like India also because real estate here is all time high where banks are providing 5% intrest rates and stock prizes in most of sector are all time low ease of buissness have very much bad in countries like india only black marketing black money is there
You may need to baptize the debt to something like, help from your future self or overdrive investment fund. Look your creator won't condemn you for trying to prepare for a better future.
You may need to baptize the debt to something like, help from your future self or overdrive investment fund. Look your creator won't condemn you for trying to prepare for a better future.
Who thought he would keep blowing until it popped? 😂
I though he was gonna just let it go, and it goes, "BLPBLPBLBPLPBLBPLPBLPBLPLB" all over the room.
- Ziro out.
mee
I did. But I've understood that other factors were in play.
Lol, I even took my earphones out to save my ears 😂
Me
I have followed your teachings for over 15 years. That's how I got into real estate investing and buying silver. The information has been priceless!
Do you make good money? Where can I start I'm dumb in business and real estate?
@susumilo12 where can I start learn the basic of economics and business? Any advice?
@@ADNANTENDOO dude start reading books about investing it will help you
@@ADNANTENDOO u have to get a phd
@@jdicari9534 already Poor, Hopeless and Desperate. Need to get rid of it lol
As he kept pumping the money, my heart kept pumping too, expecting a sudden BOOOOOOM
So crucial and yet school don't teach us this!!
Could that be a coincidence
? i think not
@@pietzaken2220 #conspiracytheory ?
It's exciting to see bimbos getting interested in finance, economy.
@@cherrytung i would like to say no, but i think its true. Why? Becouse the most powerful rich people in us or world, control almost every thing. These people seem to think about power and money, they dont want peasants like you and me to know how the real world works :) Think about what the schoolsysem teaches us; you can not learn about entrepreneurship, how money works and you will increase debt. In some books robert sort of says the same thing. If you want to know more, whatch all documentaries about the crisis of 08.
@@pietzaken2220 When he says to invest in "real assets", what do you think he is referring to? Metals gold and silver or something else?
For those wondering... At 0.33 a sentence pops up on screen. It says "fake money= not sustainable".
You are the father of economics!!!
ChelloDise exactly
When he says to invest in "real assets", what is he referring to? Like gold and silver or something else?
Chidera Stephen he’s referring to things that will make money not things that will leave u in debt;so yeah Gold could be an asset:)
He’s economically illiterate
Spot on explanation! Wow, you have a pair of lungs man!
If the dollars collapses it will never be gold people trade it will be goods and services e.g seeds
You really believe that gold will not be traded for goods? Gold is the only form of value that has held up historically when currencies collapse or hyperinflation kicks in.
@@JAYCEE-xm5ddis gold indexed against the dollar? If so, I find it kind of strange that something of intrinsic value would be indexed against fiat currency. The whole commercial world is ran by Satan. When you trade your gold for fiat your giving value for nothing with intrinsic value. Commercial paper is bond paper with a number printed on it by our lustrous government CORPORATION which is nothing more than foreign agents working in DC pretending to be a government.
I am getting it why it's so crucial for the school not to change the system.
If they do, all current teachers are outdated. They are teaching what seem to be useless in real world.
Especially business world.
Well, I could recommend a lawyer or doctor to go to school.
But entrepreneur should learn from People who are actually building businesses
The entire worlds in debt but they make u feel bad when they say u in debt 😂
Your book just came to my house can’t wait to read it
His books are really good and I hate to read but I have like 5 or 6 of his books.
Don’t waste your time
Does the expanding balloon/“fake money” refer to the printing of money? If so, I understand, conceptually, that an ever-increasing money supply causes an ever-decreasing value of the dollar, but what are the specific subsequent events that ultimately lead to the “popping of the balloon,” and how does the “popped balloon” metaphor translate in terms of what life will be like for the average American should that eventuality come to fruition? I might need the “...for major dummies” version 😊. Thank you.
Why would that be explained.
People like to talk as if they know what they're saying, so if you're confused there is a chance you'll buy into it.
What is "fake money"?
All money is fake.
It's an agreement on the value of a good or service, that's it, and agreements can be broken, trust betrayed.
No, it's not selfish capitalism that makes us win.
WE LOVE YOU KIYOSAKI❤❤
I don't see how taking money off the gold standard makes it "fake". It just isn't directly backed by gold anymore. If the money is "fake", why can you still buy gold with it (and every other asset)? What do you mean by fake anyway?
Fake money means it can lose its value rapidly.
money makes valuable things seem worthless
and
money makes worthless things look valuable
yin yang theory
And he was completely right, happened in 2020 and 2022 and the same thing happened as it did in '08 so eventually it will crash once again and again and again until eventually the economic dominance change from the US to China
@TonyStarks-ko8de It's true buddy
Thank you so much for your teaching! The Creature from Jekyll Island and Fake is what every economics student should really read!
Naomi I just finished reading the Creature from Jekyll island. Absolutely brilliant work. The amount of labels i have sticking out the side of practically every page is testament to its content.
I'm now reading Principles by Ray Dalio.
Apparently, it would be perfectly legal in the United States to mint a $1,000,000,000 (One Trillion Dollar) coin to retire debt and store it in a Treasury vault somewhere. Not sure what happens eventually with this but there is talk that China and others might have currency backed with Gold.
Its like he's talking straight at me
I am doing Economics
Thanks for the explanation
When he says to invest in "real assets", what is he referring to? Gold and silver or something else?
Daniel I think his talking about assets with big value in the market, an asset with Constant cash flow
Should we be buying gold and silver?
I kept getting goosebumps each time he pumped the balloon.
There is truth to this, but I've been hearing you say this since the 90's on how all the baby boomers were going to bring down the economy when they retired, and here we are almost 2020 now.
What I'm saying is this may take another 30-50 years and you might not even be around to see it.
Robert, 10 years ago I watched you doing infomercials about how to be rich in real estate. Back then I thought you were full of BS.
Until last year, someone let borrowed your book The Buisness of the 21 Century. I googled the "gregarian" theory and most of the stuff you mentioned in the book.
Wow!! You are an Amazing teacher!! LOVE YOUR TEACHINGS!! Thanks to your book, I know have a Millionaire's mentality!! I always look forward to your Rich Dad radio show.
👍💪💪👍👍👍💪💪💪💪
Not sure about the lecture but I like his South Park eyes
I like the dummy explanation
Love it man the way you teach just amazing 🙌 very funny and easy to get.
means stock markets are in bubble phase ryt now yes??And this will crash for sure in no time...I understand this..am I ryt??
FRAUD! Kiyosaki is the subject of a class action suit filed by people who attended his seminars and has been the subject of two investigative documentaries by CBC Canada and WTAE USA. Kiyosaki's company, Rich Global LLC, filed for bankruptcy in 2012
I support your point robert kiyosaki
it's not a point it"s a strai8 up FACTS !!!
That balloon thing really worked on my anxiety
i love you Robert, i was transformed since i started listening to you.
You're real.
Do you know what he mean when he says to invest in "real assets"? Is he referring to gold and silver or something else?
Daniel Real-Estate (Investment Properties), Owning Businesses, Oil Wells, Gold & Silver, Clean Energy etc.
When us the book or on audible
All this is fake money, the only thing that is not Fake money is .... everything is depends with the human attachment and significance of the resource. If you convince everyone that ostrich shit is more expensive than the gold, then people will daub themselves with it.
why the video is not from the beginning???
I slowed the video down just to read the flush lol! Robert almost passes out blowing up a balloon. The Flush read Not a Helium balloon. haha
great illustration
3 years ago he predicted the future. it is almost 2023 and we are near a recession. LIKE HE SAID " INVEST IN REAL ASSETS "
What are real assets
I absolutely love you Robert. I love you for sharing so much knowledge and experience with us. You are changing my life.
here 3 years later. you were right
I kept moving my phone away and squinting my eyes as he was blowing lol 😆
Awesome analogy
Omg, why this is not tought in schools?
Why are we not submitting GPT6 with a challenge to develop an efficient economic model?
Holl up, I need to understand the concept of fake money on a applicable scenario. Anyone willing to break it down?
Love the bite sized info👍🏽🙏🏽
How to contact sir
With this video i learned more then 4 years in school
What’s the fake money?
Love the videos, keep it up
3 years ago this was posted? Well he predicted the future.
I stopped watching this after the first 30 seconds. Just because I'm interested in learning more about monetary economics doesn't mean I'm an idiot who needs inflated balloons for illustration. This is a very condescending way to explain things.
Mr kiyosaki,Alejandro cardona, Napoleon hill, Diego alban, Jonathan
Alvarez,Daniel Guarin& Hector mendez
You guys are now part of my powerful team powered by JESUS.
GOD BLESS YOU GUYS.
🙏🙏🙏🙏🇨🇴🇨🇴🇨🇴🇨🇴📈📈📈📈📉📉📉📉💰💰💰💰💰💰✈✈✈✈✈✈
Great teacher
What then is fake money?
Nice Cazal glasses
I had to mute the audio when the balloon getting bigger.
It's damn scarier than paranormal video.
Brilliant!
He be like
Burst! Burst!
Ok I'll to it myself
hehehehe................I finally understand!!!!!!! yeeee!!!! I really understand!!!!! so that what Robert means when he says "the bubble". Thanks Robert.
you predicted this crash, godly
If you are theory is truth sir then why we can't see any inflation in USA..
search up the petrodollar and then you will know why the ballon will never pop
And since 1970 they been lowering taxes when they should have been increasing taxes as they print more money simple
These things are only for america or countries like India also because real estate here is all time high where banks are providing 5% intrest rates and stock prizes in most of sector are all time low ease of buissness have very much bad in countries like india only black marketing black money is there
He is the real teacher!
Robert Kiyosaki, how to start investing from zero when you can't have debts for religious reasons ?
answer me please.
You may need to baptize the debt to something like, help from your future self or overdrive investment fund. Look your creator won't condemn you for trying to prepare for a better future.
You may need to baptize the debt to something like, help from your future self or overdrive investment fund. Look your creator won't condemn you for trying to prepare for a better future.
Did he mean to invest in Crypto when he said Real assests?
Economics is so simple... It's just the fancy words and people who make it sound complicated who confuse others
Whatever happened to the $2 trillion in transactions that were lost pre nine one one?
Please could anybody tell me what real asset is?
Real asset is something like land we call fixed asset unlike car which is a liability asset or current asset
@@peterchege5301 thank you very much. 💙💙💙💙
That's my real teacher
Thank you for all kiyosaki you are the number one :)
I’m all ears 👂
Always knew something was off in the world my whole life. Yay no debt for now.
Thank you
Not a helium baloon xD, Amazing video
Is it normal to have a stroke watching someone else blow up a balloon........?
Hey Robert how do you call yourself a genuine teacher when all your books don't give concrete advice
The Rich Pop Channel
That balloon gave me anxiety.
How did he not flinch when the balloon popped
Look in his eyes !
Interesting
Blowing that gives me anxiety
I like Ray Dalio’s explanation more tbh
Is a house a real asset? (fully paid, not paid monthly where the bank is really the owner).
@Christopher Llamas Lopez If I have tenants? If I have a commercial unit and have tenants too there?
@Christopher Llamas Lopez Awesome thanks Christopher ;) Cheers.
YEAH, but "WHO ARE THE REAL TEACHER'S" that will teach us without charging an Arm & Leg!!!
Expérience
Gold and silver start buying now.
Be educated by real teachers and invest in real assets.
Wow, you are the MVP
Man we didn't learn anything from 2008.
How do I find real techers
When is the audiobook coming for his fake book ?
Bring it!
pause at 0:33 to see the thing
" In J Powell We Trust "
Rotflmao . 😂😂😂
Just kidding . I don't trust him as far as I could throw him .
I love it teacher!
This guy has been calling for a crash since 2015 😂
It's 2020 and covid-19 is here and there is a big crash he was right
This is the real deal
What does it means by saying "fake money"? u u
România?