Robert Kiyosaki - New Rules of Money, Part 7/7: Focus!

Robert Kiyosaki - New Rules of Money

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[rawfood4me]

so great to have these type of teachers out there

[rahularyacam]

yeah u r so right :)

[ellesdee1988]

what is amazing is that anyone can achieve his statis... its society and media that make you feel dumb and scared to strive to your full potential. Is there a forum floating on the net somewhere that discusses this kind of stuff?

[Timmoonman88]

wow... truly an amazing teacher... that focus acronym really clicked for me

[foster2367]

Looking for serious and hard working people who want to earn good money working on my team. Email me at: foster_236@hotmail.com and I will send you an Eligibility Form to fill out. If all is well then you can start working on my team ASAP!

[chasjj111]

Dam good information series only if applied

[mgility]

only one person rated poor

[kenpca]

@ellesdee1988 sign up for facebook and follow Robert Kiyosaki's page and here on youtube. I would recommend going to the library and reading all his books that are available! Have a Blessed day! :)

[hskrfan2187]

@wheelori814 ...and once the dollar becomes worthless (meaning even 1 trillion dollars couldn't buy you a sock) then the free market should stabilize society by bringing a new currency into circulation (most likely something backed by gold or silver). In Germany, I believe they stabilized their monetary system by bringing a new currency into the fold. 1 bill of the new currency was worth the equivalent (of something like) 1 billion bills of the previous currency.

[hskrfan2187]

@wheelori814 ...hyperinflation occurs. So all of the sudden the average american could be making 1 million/yr (but it would only buy the equivalent of 30,000 in todays money) but you would still only have to pay 100,000. So in a constant inflationary environment, if you have good debt it becomes easier and easier to pay down your debt over time (as the value of the currency becomes worth less). They will be giving you 1 trillion dollars/day before the dollar actually becomes worthless...

[hskrfan2187]

@wheelori814 In every country where hyperinflation occurred, eventually a different currency takes over. In Germany, where they had hyperinflation after WWI, they just started printing money (so you may make $1,000/month today but next month you would make $10,000/month but it would buy the same amount of goods). What Robert is saying, is the debt payments stay the same (whether there is inflation or not). So if you owe $100,000 on your house, you will only have to pay 100,000, even if....