The Impact of Central Bank Digital Currencies - Robert Kiyosaki, George Gammon

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In a powerful episode of the Rich Dad Radio Show, Robert Kiyosaki teams up with financial expert George Gammon to tackle the urgent issues facing our global economy, with a special focus on the rising threat of central bank digital currencies (CBDCs). This episode is a must-listen for anyone concerned about the future of money, privacy, and financial freedom.

This episode is crucial for anyone looking to safeguard their financial future in an increasingly uncertain world. Kiyosaki and Gammon provide actionable insights into how to prepare for the looming financial challenges by understanding the hidden forces at play in the global economy. Their discussion offers valuable wisdom on protecting your assets and making informed investment decisions during turbulent times.

Understanding the Crisis: The Future of Money and Privacy

Robert Kiyosaki kicks off the episode by emphasizing the crucial need to understand the concepts of money and privacy in today's volatile financial environment. The discussion centers around the dangers posed by CBDCs like the Fed coin, Bitcoin, and other emerging cryptocurrencies. Kiyosaki warns of an Orwellian future where central banks, through digital currencies, could erode individual privacy and financial freedom. **"What 1984 is to Big Brother is watching, the big concern with Fed now or the Fed coin, central bank digital currency (CBDC), is that we lose our privacy,"** he cautions.

The Control of Money: A Hidden Power Structure

George Gammon delves into the often-overlooked power held by banks, particularly those outside the U.S., in controlling the global money supply. He explains that 95% of the dollars circulating today are not physical currency but digital credits created by banks. This digital money system, known as the Eurodollar system, plays a critical role in the global financial landscape, far beyond what most people realize.

Privacy Concerns and Orwellian Implications

The conversation turns to the significant privacy concerns associated with CBDCs. Gammon explains how these digital currencies could centralize power in the hands of institutions like the Federal Reserve, moving individual account balances from commercial banks to central banks. This shift, he argues, represents a serious threat to personal privacy and freedom, paving the way for unprecedented financial surveillance.

The Silicon Valley Bank Crisis and Economic Warnings

Kiyosaki and Gammon discuss the Silicon Valley Bank crisis as a symptom of deeper economic issues. They draw parallels between the inverted yield curve—a key economic indicator where short-term interest rates exceed long-term rates—and the early warning signs of a financial tsunami. **"If short-term interest rates are higher than long-term rates, it’s like a tsunami warning signaling that bad economic weather is coming,"** Gammon explains.

The Fed’s Actions and Preparing for a Financial Tsunami

The episode also explores the Federal Reserve's actions, including the potential dropping of interest rates, often referred to as the Fed pivot. While such moves might seem positive on the surface, Gammon and Kiyosaki argue that they often precede larger financial breakdowns. Gammon advises listeners to maintain a strong cash position, hold assets like gold and short-term Treasury bonds, and be prepared to seize opportunities when the crisis hits.

00:00 Introduction
01:39 Understanding the Banking System and Its Risks
03:40 The Orwellian Implications of CBDCs
08:15 The Role of the FDIC and Moral Hazards
10:24 Global Financial Instability and the BRICS Nations
13:06 The Tsunami Analogy: Predicting Financial Crises
30:44 Preparing for Financial Turmoil

Facebook: @RobertKiyosaki

Twitter: @TheRealKiyosaki

Instagram: @TheRealKiyosaki

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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
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Wow Robert knows how to explain the bank system . Awesome video

lubosimaboshe
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Robert or George please interview Mitchell Vexler from
Dallas and Jeff Mashburn whistleblower from Texas. They talked about school districts in Texas and other states investing in worthless solar farms . They came out on Real Estate Mindset show today and I think your interviewing skills and commentary would add value as well.

sciencelabvideosl
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My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

nicolasbenson
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That's why the central banks are pushing for commercial Banks to adopt cbdcs, I covered this immensely and in detail on my channel.

BlackSwanCapitalist
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Thank you so much great from Germany 🇩🇪 ❤

margaretoberg
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I love you Robert but please try to not interrupt everyone that comes in your show !

FitwSandyy
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Like I’ve said many times in the past….. George Gammon is the new Kiyosali. Listen at your own peril

fatfatthewaterrat
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I understand Robert to be mindful of his audience's broad understanding of world economics. Therefore he does break into his guests narrative to rehearse to the layperson like me what is being communicated in the big picture . I find it helpful. Although I understand how others might find it annoying.

Michael-whee
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So how to prepare?? Food and silver? Short term Treasury?

MichaelMooney-cicc
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Well, ok, I have 1 question: Why does the “tsunami” hit after the yield curve corrects? Why 9/10 was there a recession each time the yield curve recorrected so as the 2 year was lower than the 10 year?

jacobvanveit
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10:42 I've never heard about Euro Dollars before, I thought that dollars can produce only Fed and the biggest Banksters in USA 🤔

danikoce
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This George gammon guy said gold and silver are pointless. I heard him. It was on a Canadian prepper interview.

silver-enkl
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thanks You guys for a great job You did!!!😁🙏🤝
I have never heard about Banksters , but its the right word to name them 😂🫰

danikoce
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Robert you do a great job explaining things. Love that you keep it simple.

rv
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So, if we cannot trust the FDIC, can we trust the NCUA instead (Credit Unions)..? Or neither one and we are back to stuffing cash under our mattress and having just enough in a bank to pay our bills online?

restoretransform
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What a blast? Thanks sir for inviting RC.

aravinddnivara
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George is my go to guy! Ty for the common sense videos

Electrocutioner-
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I jumped in to get to the free fish...
I took out the 401 into the refinance for a low 2.3% with a 3 figure monthly mortgage...
best thing I ever did so far.

pogiboy
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George i wouldn't risk buying treasuries in this extremely risky environment

silverslave
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Alright I just came across this thought it was interesting and whoa 🤯 I found out I was wrong about everything about money. So what can I do now? Or am I screwed!?🥴🥴🥴 Help

picassoedftheglitch