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

2. The rules of money were changed in 1971. 
In 1971, President Nixon took the U.S. dollar off the gold 
standard, and the rules of money changed.
In 1971, the U.S. dollar stopped being money and became
an instrument of debt. After 1971, savers became losers. Since 
1971, the U.S. dollar has lost 95 percent of its purchasing 
power. It will not take another forty years to lose the remaining 
5 percent. 
Tragically, like a monkey with a clenched fist in a tree, millions
of people still cling tightly to their savings in a bank.
In this book you will find out why saving money is foolish and 
what you can do instead. 
Most People Do Not Know What to Do
By 2010, most people knew there was a global financial crisis. 
Unfortunately, most people do not know what to do about it. Rather 
than let go, most people clench their fists tighter and wait for the 
crisis to pass, praying that their political leaders can solve this global 
crisis and that happy days will return. 
A few know they must make changes. Yet without a strong 
financial education, they do not know what to do or how to change. 
A Decade of Crisis
The problem is that the coming decade, the years from 2010
to 2020, will prove to be the most volatile world-changing decade
in world history.
Unfortunately, the people clinging to the relics of the past— 
relics such as job security, savings, a home, and a retirement plan— 
will be those who are most ravaged by the global financial storm 
approaching. I can make this statement with certainty for the 
following five reasons:
1. It is the end of the Industrial Age.
The Industrial Age began around 1500 and ended around 2000.
In 1945, at the end of World War II, the United States was the 
world’s most powerful nation, the biggest of the few remaining 
empires of the Industrial Age.
During the Industrial Age, countries with industrial technology, 
factories, great schools, and weapons ruled the world. 
During the Industrial Age, the auto industry, airline industry, 
radio and television industry, and the weapons industry 
dominated the world of business. 
During the Industrial Age, a worker could find a high-paying 
job for life, be protected by a labor union, and receive a 
retirement paycheck for life. 

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Introduction
Unfair Advantage
5
4
In 10 years, the price of oil has gone up by 264 percent.
Yet the government still claims there is no inflation.
A smart person would ask: 
•
“What will an ounce of gold cost at the end of the
next decade, on December 31, 2020?”
•
“How much will a gallon of gasoline cost in 2020?”
•
“What will food cost in the next 10 years?”
These are questions most monkeys do not ask. Instead, monkeys
go back to school, work harder, pay higher taxes, pay higher prices, 
do their best to live below their means, and save, save, save.
As you can tell, you should have invested in gold in 2000 when 
gold was only $273 an ounce. In this book you will learn what 
to invest in before the thundering herd gets into the market.
In this book you will learn how to predict the future and how 
to reduce your risk from the changes that are coming.