Revealing the Future of Money - Robert Kiyosaki,
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- Опубликовано: 15 авг 2023
- In this episode, Robert Kiyosaki and his guest, Mark Moss, delve into the importance of understanding history to predict the future. They discuss the Medici family's role in creating the modern monetary system, the significance of sound money like the gold coin called the florin, and the current state of the global economy.
Both Robert and Mark express concerns about the US dollar, rising national debt, inflation, and the potential collapse of the dollar. They touch on topics such as capital controls, and the rise of central bank digital currencies. Moss emphasizes the importance of understanding different asset categories and the role of Bitcoin in a changing financial landscape.
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Please read carefully.
This is not financial advice. You may be asking, “What does that mean?”
Let me explain…
Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.
YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.
We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.
Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.
Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
I hope you are right about AML33X ? Thanks for the highly educational video. Keep up the good work -
One Of The Greatest Show On Earth, Thanks Rich Dad
OMG AML33X !!! Dude seriously what a awesome video can appreciate how much work went into this quality quality quality much love from Australia
SHUTUP BOT
I already converted all my ETH to AML33X , now I feel like moving all my BTC to ADA as well.
I was an investment advisor. The advice in the video is excellent and true for the typical American. But for people who have a good portfolio of about $5m, if you look around, most people are still active at 70 (I live in LA) but by 80, not so much, so enjoy yourself at some point before it's too late. That nice vacation will pay for your last week in the nursing home. There is a difference between wasting money and spending it. Be value-conscious.
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
Ive had the feeling BTC would be going to 40k as well. Clearing out all my Alts going into BTC and AML33X only, maybe a little BNB.
Literally terrible investments. Bnb cmom thats like starting your money unfire. Iso 20022 compliant and internet of things.
When these two men meet my minds is always blown. So grateful for you guys
Great conversation. As always, wealth isn't a number, but the ease with which goods and services can be obtained.
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AML33X will hit mainstream soon, 10x-20x quite possible even during this bear market but
Great speech. Thanks both of you, guys.
I really appreciated this video, as a medium-term AML33X holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earl
The Amazon coin will become the Fed CBDC. It will be used for total control over everything you do. Good luck.
I was an investment advisor. The advice in the video is excellent and true for the typical American. But for people who have a good portfolio of about $5m, if you look around, most people are still active at 70 (I live in LA) but by 80, not so much, so enjoy yourself at some point before it's too late. That nice vacation will pay for your last week in the nursing home. There is a difference between wasting money and spending it. Be value-conscious.
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $275k bond/stock portfolio
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
All of them are really nice picks. But the potential of project that elegantly combine blockchain and AI is Amazons AML33X and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.
Your Amazon coin will become Fed CBDC. Period. Say goodbye to your freedom.
Thanks Robert and Mark Moss for this esencial program to build our strong financial ark for future. Thanks, Thanks, Thanks
Love the AML33X content. I think this project is just as essential as HBAR and they both will be great movers
Great breakdown of digital currency and what we can do about it.
Cant deny the fact that Amazons AML33X is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail its done for good, but I dont see that the biggest tech company in the world would put ev
This is the most uninformed comment I've seen.
Amazon's digital coin is a segway to CBDC. All gaint corporation digital coins will become CBDC mark my words especially considering the number of Feds working at Amazon.
Bitcoin is the only true decentralized currency. It is money, not an investment. It is the only way to stop totalitarian control.
You better wake up & get educated.
Never would have imagined that my AML33X bag would be as big as my quant bag and bigger than my hbar bag but here we are.
SHUTUP BOT
I’m gonna hunt your SL bot!
Sir you forgot about
Rippel/Xrp
Exploring the future of money with Robert Kiyosaki is eye-opening! Your channel plays a vital role in promoting financial literacy. Grateful for your valuable insights!
I value your show immensely but would appreciate if you would let the guests speak more.
“Take away the money, control the world” that hit deep!
Hello . I really appreciate this program brought by rich dad poor dad. As I have been following financial contents . It’s like history repeats itself. Though digital age is trying to make us forget the history which is critical.
My inquiry is. Where can I buy genuine silver and which is the most valuable silver? Bar sliver or coin sliver? Thankfully
Look for a local coin dealer in your area.
Is not only a financial monetary system but also a change of accounting system based on a ledger blockchain technology no way to messed anymore...
Thank You Mr.Kiyosaki & Mr.Moss....You are both greatly respected...and this is my first comment here...which is the big Reset...whenever it has taken place in history....it is accompanied by conflict....nothing materially has changed without a conflict...therefore...my opinion...is that Yes..there will be a reset...it may have already started...but conflict is something we are still to witness...what it may be is anybody's guess....and what form the Reset takes is not something I can say with any conviction...but I do feel....that BTC will perhaps become the reserve currency..and all other fiats...perhaps will exist but not in any way or form or domination that they enjoy at present...!!!
I thought that your first gold was behind enemy lines, and you learned about “spot”
Gaslighting is from a 1938 play named (appropriately) Gas Light. It was made into films in 1940 and 1944. I've only seen the 1944 version, but it's a great movie. The story involves a man who romances and marries the protagonist to get access to her inheritance. He starts manipulating her by telling her things that are untrue, and controlling the situation by planting evidence as verification of these false claims. As she is starting to doubt her own sanity, he hires staff and convinces them that she's delusional as well.
The whole gaslight part comes in because the house lighting is lamplight that uses natural gas as fuel for the flames. During certain parts of the day, when she is supposed to be alone in the house, she sees the lights dim as if someone else is using the house lighting other than her, as well as hearing noises from the boarded up attic area. Her husband tells her over and over that she's imagining the whole situation, when it is fact him that was in the attic the whole time, accessing it from a window.
Thus the term "gaslighting" is trying to convince someone that you are not doing exactly what you are doing, while telling them that they're crazy for even suggesting that those things are occurring.
Lovely podcast i love listened.Thanks Mr.Robert appreciate.
So what happends with stocks/etfs/bonds...? The bank cannot just erase or steal legally, or am I incorrect?
I used to think every investor went broke during recessions, meanwhile some make millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some, and profit for others, it all starts from having the right mindset. That said, I've set asides $250k to invest for future, unfortunately l'm a complete noob.
The market has gone berserk! regardless of experience level, everyone needs a sort of coach at some point to thrive forward.
Investment is a fabulous way to save money for the future as well as a way to generate passive income. Those who make poor mistakes early in life regret them later in life. But, if done alone, investing may be challenging and risky.
For this reason, I suggest consulting experts for advice (financial advisors).
The difficulty lies in effectively employing it, not just watching videos and reading investing books.
Sure, my advisor is Olivia Maria Lucas. In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. She has years of financial market experience plus she is also FINRA & SEC verifiable.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
I heard this new digital currency when it eventually comes about will be programmable or government controlled.
Thanks for the video and information
Nice one Robert. Thank you both
Time to gain knowledge
Hes so happy about the Recession coming in, like hes super excited to be witnessing it.
Does anyone understand if bitcoin could already be subject to hypothecating ?
I would like to take 20% position in bitcoin but don’t fully understand how to use it.
Grateful, thank you for this information 💯
This from July?
Yes soon fiat money will end and change the new currency with backup gold.
Greshams law it’s actually “bad money drives out good money” not the other way around like mark moss said🤣🤣🤣
Amazing podcast, got so many new insights. Thank you for keeping us informed!
Thanks so much for the hard work.
Yes, I think we’re at that point I have a government is greedy. They overspend now they don’t have the money to keep it up.
You think we are at that point? We've been at that point for a long time.
Hey, Robert, the Maui fires were purposely set on 8-08!!!! 🤨
When the Hawaiian Missile Alert came back in 2018, that was at 8:08, too! 🧐
Just happens to be the area code, too?!
Control the energy you control the people
Love you guys! Hope to meet you in person sometime.
I am privileged to be here
Have Mark more often
I can’t wait to get all our things back + More❕❕❕Thank You Father 🙏🏿🤴🏿🙏🏿❕❕❕
Wow the union I never thought I could have the pleasure of seeing! Awesome
How did the Florence coin get debased if it was made of Gold? Wouldn't it still have value
Thanks Sir Robert❤
AML33X gang in the house! Thanks for the analysis!
BTC MAXI talking his book. XRP is the Standard
Maybe the Japanese are not billionaires but you see more rolls royce, maibach and aston martin in Tokyo than you can see them in Zurich or London. So it looks like there are billionaires here as well. The savings of Japanese families mean that everyone here can afford an apartment, guarantee, health insurance, clean clothes, food and entertainment. With this I greet you and thank you always for the important life lessons you are spreading
Rich Dad, Mark Moss was a great choice. RD: good point, make the deal. RD: "How to do it?" MM: The Big Problem,...hmm. "I don't think so right now: Frank." No Capital Controls!! America is North America. Keep History, Keep Knowledge.
I can no longer 100% trust Robert after he said in another video the other day he had no idea what XRP was. That was the most untruthful thing I’ve heard him say. Roberts a smart guy and he knows yet continues the carry the bitcoin narrative… shame on you Mr. Kiyosaki
What video did he say this on? He FOR SURE knows about xrp
Facts, he’s probably under oath not to talk about it
@@skatertrader I agree. Maybe under an nda and has a possible option on some of ripples escrow. He’s big enough to have that kind of play. The touts bitcoin cause he got in at $6k level entry….. there’s massive opportunities for entries in other cryptos. Not to mention we still don’t know who Satoshi is and that’s a massive red flag. XRP is the ONLY digital asset that has legal clarity
@@tannersinclair403 Facts brother
I believe it's a currency War without dropping any bombs
A ledger cannot be money nor a store of value. It is simply a record, in the case of bitcoin a digital record. It is not money, at best it can pass as digital fiat with a limited supply.
Rob pretty much says “To get rich, attain assets.” He got rich just by saying that and putting it in a book
I live in Japan the government does seem to be encouraging people to invest now rather than save
So, wealth speculators losing their sources of income?
Hi Robert . The crash is here , great time to buy more defi and Bitcoin . Many greets from Holland . ( I remember , the price doesnt matter , but how many bullets do you have )
Must suck having so much money and you can't live forever to see it
A major factor that isn’t considered into the conversation is the great reset, the transition to a new digital cbdc system. Abolishment of private property is being worked towards.
Thank you 🙏 mark and Robert
Its "been the end of fiat currency" and we should go all in on Gold and Silver for 50 years now. How many houses did you buy with Gold and Silver back in 2009, 2010, 2011? Yeah, that's what I thought.
Would silver be a better alternative to gold? Any options ? Gold is too expensive for me to buy at this time.
No it’s not. CBDC’s and even Bitcoin are fiat just different
CBDC is just going to be fiat by another name. Bitcoin is intrinsically different in that the supply is limited, it can't just be printed by the trillion and devalued to a fraction of it's worth. What I still can't wrap my head around is *why* people assign value to a packet of 0's and 1's in cyberspace. Paper that is supposedly backed by *something* at least makes a measure of sense. But a digital coin? I don't get it.
Free enterprise should be again.😊
Historically the gold standard has worked just fine with mass poverty and starvation. The money back then, before fractional-reserve lending, fiat money and central banking, was as sound, hard or real as any libertarian or Austrian economist would want; but most people didn't have any, and they lived in really deprived conditions.
Shout out to luke belmar!
Grow your own food, gather gold and silver, and yes you need your tribe to support you from everything 😁
Where I live in Australia, some of the banks including mine are putting time delays on transferring money to crypto exchanges and are also putting limits on how much money you can transfer to any crypto exchange each month. Its disgusting that you cant even spend your own money the way you want anymore
Totally agree mate. I don't know if you've seen this, but I actually was asked questions when I deposited cash into my bank. They wanted to know some details about my profession and they took details on the note denominations I deposited. I have zero trust in the Australian banking system these days.
@@neilr4867 Its disgusting isnt it. Ive actually made overseas transactions that have been completely blocked! I had to make the transaction by bitcoin in the end.
Unfortunately they are going to crush crypto in its free state.
Fiat currency is a type of currency that is issued by a government and is declared to be legal tender for transactions within its jurisdiction. Unlike commodities such as gold or silver, fiat currency has no intrinsic value and is not backed by a physical asset. Instead, its value is derived from the trust and confidence that people have in the issuing government and its ability to maintain the currency's stability.
Key characteristics of fiat currency include:
Legal Tender: Fiat currency is recognized by law as an acceptable medium of exchange for goods and services. It must be accepted as a form of payment within the country where it is issued.
Decentralized Issuance: Central banks or monetary authorities of a country have the authority to issue and regulate the supply of fiat currency. They control the money supply and can influence its value through policies such as interest rates and money printing.
No Intrinsic Value: Unlike commodities like gold or silver, fiat currency has no inherent value of its own. Its value is purely symbolic and based on the trust and confidence of users.
Hello Rich Dad just a thought can you guys go over to Maui and secure property for purchase. If somebody is going to buy it it should be you guys cuz I know you be able to do the right thing and give back to the locals just a thought, good day
Fiat will never go away.. The ELITES won't be able to launder.. 💯
They will. *You and I* on the other hand, will not.
Isnt Fiat an Italian automobile brand?
Great video' You two work well together. The history of our dollar and the explanation of what's happening in our financial system was easy to understand. Thank you both!
Well, some of us haven't worked in over 7 months for many reasons, including health issues...I've TRIED AND TRIED to get a job but I hardly get any interviews and if I do I"m still not hired but due to my health problems I probably couldn't keep them long anyways. I'm 47, type 1 diabetic and suffering from pain and issues w/numbness in my hands...I"m trying to improve my health but I have applied for disability...people like me are really not able to invest because we have NO MONEY at all!
Sorry to hear that you are having a hard time
Even if you cannot invest you can make connections, find paths, find resources/different opportunities
Mining pi
Seeing AML33X in the preview photo beside eth made my day.
Since you are an educational company…let’s say I’m hypothetically going to buy a townhouse 2X2 in west palm FL for about $100k more of the last time was sold. $310K is the exact price. I’m going to use it for my primary residence for 5 years and then Refinance and try to make some profit from it. But you say the dark ages are coming … should I buy? Hypothetically of course
A better book title should be, UnCapitalist Manifesto
NO WAY MARK KNOWS ABOUT CAPITAL CLUB!! I’ve been following Luke Belmar for years now, CC will be the next big thing
BRICS nations might not trust eachother but as long as the currency maintains it's nutrality amongst the group i think it will work.
Hello hello Hello a poor marine using Roberts catch phrase 😂
Im DCAing in AML33X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Is it possible to use gold as a form of loan collateral?
What about the halving cycle on BTC???
Central Bank of Iraq Governor today wed. 08/16/23 just spell in codes a bunch of Bombs 👀The local currency is covered by the reserve, which is subject to foreign balance protection. Iraq’s gold reserves are 132 tons, and future of the currency reserve is tied with the yellow metal (…) personally I support this vision.We will not print more dinars, unless we get equivalent foreign currency, withdraw the damaged to avoid inflation. It is not possible to float the dinar in Iraq, because we do not have various sources of foreign currency.👀
I hope it all works out, Iraq has more opportunities for wealth creation in oil, water, food, minerals & tourism it was heart breaking to see what was going on there when your kids could choose to do anything they choose too…be in a safe prosperous county… So are you saying the Dinar is going to go up in value again world currencies? I think that is what you are saying
Now we just need to see the AML33X price also move in the same direction as these charts. Up. Very Up.
Robert today 8/16 ounce of gold price 1,891.50
Do you think China might even allow hyperinflation to get rid of the debt, Like it looks like we are, and then put a gold backed system in?
If Fiat currency ends, how will those on social security, in the military, or government employees get paid? I asked this in another channel’s comment section and someone said, they won’t.
I would argue more people dont stake AML33X because you can do more with AML33X , and staking is harder to do so users do nothing or use liquid staking
I am Venezuelan. True, true, true.
You are one of the most sophisticated and brilliant RUclipsr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for AML33X much love from Chicago
You dair me. Honestly we are happy that all wealth that we have us a Filipinos its help to everyone even we are a cleaners in other country or house maid we are happy with my siblings. Money not inportant but rights. Truet. And integrity that's we hv to our hand not wealt bcz money gold silver we didn't keep when we die.even they said I'm prostitute prophecy scamer Illiterate all insult that people said for me bfr till now I accept it bcz I know hu I am and how we grow. Think this all. If no reserves we don't hv life like this now. And if no dept or loan you don't hv also good life and you don't hv gold silver and oil investment
Bitcoin is energy intensive
Next episode ask wht you want we pay to your asset ok. If golden toilet paper or japan yen
We have been waiting for the demise of fiat currency fir a decade .. still waiting
Surprise 🦉⚖️⚔️
I live in Turkey/Türkiye. Many people just buy gold. İnterest rates are way below current inflatation rate. People who could borrow money from the banks and invested in assets got rich in very short time. Buying gold has its tradition here newly weds get gold coins as gifts,you buy gold coin for your friends newborn etc. So gold has been the reliable currency for centuries.
Turkey should join brics
HE'S NOT KIDDING everyone needs to warn those you love it falling down,i've noticed it in my business the price of everything is falling,but try to accumulate the paper money,its a damn good time to own nothing,told my lawyer that 4 years ago,he just smiled,he's not smiling now,the more you own the more you will pay to sustain it,storage,taxes,upkeep,when gasoline goes to 15 a gallon,hows your lawn going to look in a HOA AREA,golf courses will become WEEDS