My path since my College days was a spiritual one, the search for GOD and the Truth in a free and moral world. I found out too late that GOD WAS ALREADY IN ME, and that most believers were lying about God, life after death, heaven hell, a final judgment, and that truth without FREEDOM is useless collectively, and without freedom, there can never be any JUSTICE, and that we were all, EXCEPT THE WEALTHY, THE CROOKS, the PERVERTS, and the CRIMINALS,
* living in a huge prison,
* drowning in an ocean of lies and immorality,
* under a totalitarian oligarchic system of governance where justice does not exist,
* in an age where everything immoral is promoted as the norm,
* under a public school system that manufactures slaves for the Godless government,
* among monsters calling themselves humans,
* and in a very divided, selfish, hedonistic, and cruel world devoid of humanity, sincerity, compassion, love, unity, dignity, honesty, gratitude, faithfulness, loyalty, romance, poetry, and even spirituality, although not completely!
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👉Robert Kiyosaki – Get Your Money Out Of The Bank -- Don't Save , Hedge !!
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•Premiered on 4 Dec 2019
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https://www.youtube.com/watch?v=bb3JwfmneCQ
👉Robert Kiyosaki – Get Your Money Out Of The Bank -- Don't Save Hedge
Robert Kiyosaki always says that the big mistake is so many people believe it's essential to save. That's ridiculous, Kiyosaki explains; and the reason that's ridiculous is that what happened in 1971 is crucial. In 1971 the US dollar stopped being money. In 1971 the US dollar became a currency. And what that meant is Richard Nixon in 1971 took us off the gold standard. That's like giving an alcoholic free rein to the bar, or it's like giving somebody who can't control their spending unlimited credit cards. What's happening is all the savers today are losers. You know the problem with 1971 is that the federal government keeps printing money. The value of your money keeps going down. If you notice as the value of the dollar goes down, prices go up. They call this inflation. But really what it is; is the dollar's value coming down. So savers are getting wiped out today. To save money, that is not the new rule that's an old rule. A very big problem for most people is to stop using the word save and use the word hedge. You've got to hedge your money. Hedge against losses That's why this idea that you're going to tell people you need to save money; that's really an obsolete idea. Because the concept went obsolete in 1971, the US dollar in the last few years has lost almost 80% of his purchasing power. This has happened throughout history. It happened thousands of years ago with the Romans, with the Greeks, with the Germans, with the English, the Japanese, and the Chinese. Every time they've made money into a currency, something you could print at unlimited. Every time they have that has happened, the currency has gone to its true value, which is zero. I am afraid as this economic volatility continues, the savers who will operate in by the old rules of money are just going to get wiped out because the purchasing power of their dollar is going to go down. You can't keep up with the bank's printing money. That's the old rule of money; is saving money. And the new rule is a hedge. The reason 1971 is such a critical time, was because the US Federal Reserve became the bank to the world. They could print as much money as they wanted. Never in the history of the world has anybody been allowed to print money for the rest of the world. Every time people have done this, chaos is broken out. And that's why there's chaos in the world today. In 1913, when the US Federal Reserve Bank was created, they were basically allowed to print money for the world. Every time that has happened throughout history, a despot has arrived; for example, in 1933, a man named Adolf Hitler rose to power when the Weimar Republic was allowed to print as much money as it wanted to do. And when Russia's currency broke down; a man named Lenin rose to power. When the Chinese economy broke down, Mao Zedong rose.
Today we're at that critical point right now.
For the full transcript go to https://financearmageddon.blogspot.com
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Master the Six Basic Rules of Investing – Robert Kiyosaki
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•Premiered on 24 Feb 2020
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https://www.youtube.com/watch?v=f7V0NELM8BQ
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