Robert Kiyosaki Predicts USA Hyperinflation compared to Germany Weimar STEPS to SURVIVE!

[Ace1000ks1975]

We will see both inflation and deflation. Kiyosaki didn't mention one important thing, in the real economy money is very tight. Very little money isn't being lent to the average Joe/Jane. On the other side, you have people who have too much money speculating commodities driving up the price of food, fuel, minerals, etc. In this kind of environment, the poor and middle class will suffer, and the super rich will only get richer. Houses will go down, and commodities will go up. That's the future.

[justgetsome]

I agree with much of what he says but I'm sorry but this guy is a snake oil salesman. A multi-millionaire on late late ghost Tv trying to sell fucking books and tapes about getting low interest rate loans that they would never qualify for. Please....Does Bill Gates do shit like this? No, neither does Buffet or any other rich person. They don't have debts either.

[RandalColling]

yup Hope and Change......I'll never ever understand why folks voted for that Stalin

[jibarguren]

@quadcatfly, debtor will be winners if they have fixed interest rate on their debt

[quadcatfly]

LOL and why is it wise to pay off debt if u foresee hyperinflation !?!/ Another nonsense. If you borrow 100 bucks and then only return 1 dollar how it is bed for you. Debtors are the WINNERS in hyperinflation. Stay as much in debt as possible for as long as possible in hyperinflation coz u will be paying back devalued dollars (e.g. pennies on a dollar payback)

[ksmithdc]

@quadcatfly You want to pay off debt because it frees up your cash flow so you can then invest in precious metals (which are out-performing real estate & stocks right now). When your cash flow is strangled by credit card debt, you don't have the ability to invest.

[internate]

@quadcatfly Yeah, but you'll be paying $1,000 for a loaf of bread. Good luck paying your mortgage on an empty stomach. Incomes don't rise with inflation, but all prices do. You wouldn't be able to sell you home for much more than you paid for it anyway, since everyone's savings will have been wiped out as well. You can hedge it with debt, but you'd better hedge the other way with precious metals as well.

[quadcatfly]

nonsense. recovery is here !

[thiscreepingmalaise]

@quadcatfly recovery is here? hahahahahahahahahahaha!! 18,000 new jobs this week and the EXPERTS predicted 125,000-175,000. What planet you livin on anyway?