'Debt is Money! Why Save Money When They Are Printing Money?' - Robert Kiyosaki

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May the force be with you always...

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[natejess-personalfinancetr]

This is more true and obvious now than ever in todays inflation environment

[daviniarobbins]

The rot started way before 1971. When banks were given the power to create money out of thin air was when things started to go downhill. The dollars in your wallet is not money it is debt. And the only way that money gets into circulation is by someone borrowing it in the first place usually with interest. The bank doesn't just print the money and hand it out like it is candy. Nor do you take you product that you created and trade it for money. The US owes about $20 trillion in debt(public and private last time I checked). That is how much money there is in US circulation. You can't pay off the debt either, not without drawing that money from circulation causing a market crash and depression.

[mavisalmarza]

I work for a company that helps you pay off your debts and live a free life. Mr. Robert has been very helpful to us and our customers. To be able to have financial freedom, you need to understand how money, assets and investments work

[Kamrransafi]

Because they are not printing it for you. You want to save some in case you will face a lack of it in the future. You always can go crypto or international whenever you are ready, you know.

[sergy]

limit debt creation to target 0% inflation = fix everything

[wendiaryo]

“Why you save money when they print money?”

Cause I can’t print a damn money!

[tamara_lainedehon]

Hmmm the bible says money will become worthless. People will be throwing it in the streets. Yup it’s in there.

[finalsnipe]

US constitution article 1 section 10 "No state shall - make any Thing but gold and silver Coin a tender in payment of debts"

So if today money is debt, doesn't this mean that the entire US fiat system is unconstitutional?

[dangeloenglish]

You just need a small loan of a million to get started.

Taxes are high because the rich don’t pay tax. Really that simple. When 60% of wealth is in “assets” and not circulating like the original intent the banks have to print more. Which raises inflation, and the endless vicious cycle of the middle class being stuck in endless debt.

[ReliableisHere]

Artificial intelligence Will Keep People in a Mediocre Life and they will enjoy being comfortable

[keith]

This is ridiculous. How are you supposed to get a car if you don't save? Get your first apartment, house?? Emergencies??? They don't want any of us regular folk touching that money that they're printing "everyday." What in the world did I just watch?

[daviniarobbins]

Poor people suffer more when taxes are lower and rich people like this guy don't pay any taxes. He is a multi billionaire, he won't miss a few hundred million. Pure greed. Too much is never enough for these people.

[aurliogascon]

he's in real estate business and has zero tax? 😂😂😂😂tell it to the marines

[triayang]

Money is the root of entrepreneur..if it's true like you say.we wouldn't have homeless people...I like to see a bum with body become entrepreneur ..even donald Trump had to borrow 1million dallors from his dad ..we all know as asains..we took the money..don't made asains look bad..

[daviniarobbins]

Which just goes to prove the law has to be changed where people like this guy gets taxed just like the rest of us. Is it fair that he doesn't pay taxes?

[AkbarKamallGames]

I believe we should default on our government debt, destroy the bank and start again. Make me King of England and banks and democracy are gone.

[noryal]

If everyone becomes an entrepreneur what would you be sir ?! Who is going to work in your enterprise ?!!! Stupid philosophy
If you are rich than it’s good for you, keep that secret to yourself and let people live in peace !!!