What Schools Will Never Teach You About Money By Robert T. Kiyosaki


FAQ  What do these numbers mean? Short Answer


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FAQ 
What do these numbers mean?
Short Answer 
More money will be printed.
FAQ
What does this mean to me?
Short Answer 
Higher taxes and inflation.
Reprinted with permission


Chapter Three
Unfair Advantage
91
90
FAQ 
Could the U.S. dollar collapse?
Short Answer 
Yes. Currency collapses have occurred many times in America. George 
Washington issued the Continental currency, paper money used to 
finance the Revolutionary War. The Confederate dollar was issued 
by the South to fund the Civil War. These are two of many U.S. 
currencies that have collapsed. 
Today the United States prints money to fight in Iraq and Afghanistan
pay our bills, and buy products from China.
FAQ
What can a person do?
Short Answer 
I have two answers:
1. If you have limited financial education, rather than save
money, I would save gold and silver. I would buy a little gold 
and silver with every paycheck and hang on to it. I have been 
saving gold and silver for years when gold was under $300 an 
ounce and silver was under $3. I do not save money.
2. If you are financially sophisticated, create your own printing
press and print your own money.
FAQ 
How do you create your own printing press?
Short Answer 
Use debt to acquire assets.
FAQ 
Isn’t that risky? Is it legal?
Short Answer 
It can be risky, but this is what the government wants us to do, which 
is why it is legal.
In the previous chapter on taxes I wrote:
1. The harder you work for money, the more you pay in taxes.
2. The harder your money works for you, the less you pay in taxes.
3. The harder other people’s money works for you, you pay even
less in taxes. You may even pay nothing, zero, zip, nada in taxes. 
Obviously, this takes the highest levels of financial education. 
This is a level of education my rich dad inspired me to attain.
As strange as it may sound to most people, the government not 
only wants us to get into debt, the government offers tax incentives to 
get into debt.
To better understand the relationship between money and debt, a 
little financial history is important.

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