What Schools Will Never Teach You About Money By Robert T. Kiyosaki
FAQ What do these numbers mean? Short Answer
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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. Download 5.81 Mb. Do'stlaringiz bilan baham: |
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