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


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Playing Games with Money 
To keep jobs and people employed, countries are playing games 
with their money. By keeping their money weak, through 
exchange rates or just printing a lot of it, a country’s exports are 
cheaper. If a country’s currency strengthens and becomes more 
expensive, their exports become expensive, exports fall, and jobs 
are lost. 
In 1966 when I first traveled to Japan as a student on board 
a U.S. cargo ship, the U.S. dollar could buy 360 yen. As a 
student, I could buy a lot with my dollar. Japan was cheap for 
an American.
Today, the U.S. dollar buys approximately 90 yen. This means 
the yen got stronger and the dollar weaker. Today, Japan is 
expensive for Americans.
If Japan wants to save their economy, they need to weaken the 
yen, maybe moving it back up to 150 yen to a dollar. American 
exports will then become expensive, we will export less, and 
thus lose jobs. 
Keeping people employed is one reason that countries play 
games with their money.
The War of Money
Today, the United States and China are in a ‘war of money.’
The United States wants China to raise the value of their
money so we can export more to them and import less.
China knows that if the value of their money increases so
does China’s unemployment. 
In retaliation, the United States keeps devaluing the dollar 
and China devalues their currency, the yuan. Weaker currency 
means inflation at home.
This is one reason that the next oxymoron, save money, is 
ridiculous. Why save money when countries are weakening 
their money, making money less valuable and shopping at 
Walmart more expensive?
We have to weaken the dollar if we want to save jobs. Because 
with a weak dollar, we can export more. This means there will 
be more demand for manufactured American goods, which 
means there will be more jobs.
The foregoing are a few reasons why job security is an oxymoron.


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