Conspiracy of The Rich blog : Learn with Rich Dad Robert Kiyosaki how to Survive and thrive in today's economy, how to build assets, how to save money and increase your financial success, how to invest wisely and how to plan your path to financial achievement

Tuesday, April 5, 2011

No Job No 401k No Savings Robert Kiyosaki

Robert Kiyosaki explains why you should not have a job nor a 401K nor savings in the banks , cause your money will be losing value by the day Inflation will kill your savings you need to HEDGE! “Of the three religions, Christianity, Judaism and Muslim, did you know that they all outlawed interest? It’s against religious tenants to charge interest. Lending money isn’t bad – interest is bad. That is why the richest people on earth are via interests – did you know that? Why do people own banks? Because every dollar you put in there, you can lend out twenty times. That’s why they tell you to save money. It’s called the velocity of money. They tell you to park your money and they move your money. This is a very different philosophical thought pattern. You are getting one percent on your dollar and let’s say they are getting five percent; but they are getting five percent on twenty dollars. Kiss my ring on that one! That is why the rich get richer. Greenspan printed one trillion dollars in 2003, but your savings are less and less. This is why I don’t have a job, nor a 401k; and I don’t have savings.” in an interview with Philippe Matthews Show