Fake Money - Fake Teachers - Fake Assets By Robert T. Kiyosaki - Young Adult - Paperback
In 1971, President Richard Nixon took the U.S. dollar off the gold standard. in 1971, the U.S. dollar became fiat money. Fiat money is government money. Rich dad called government money "fake money. Fake money makes the rich richer. The problem is that fake money makes the poor and middle class poorer.
What did school teach you about money? What did your parents know about money? What does your financial advisor know about money? What do our leaders know about money? Why are 78% of alI Americans living paycheck to paycheck? Why are students staggering under a trillion dollars in student loan debt? Why are teachers going on strike, demanding more money ?
In 2008, the world economy crashed when fake assets, subprime real estate mortgages, collapsed. Are the same bankers who sold the fake assets in 2008 still selling fake assets to you, me, and employee pension plans? Why are so many Pensions underfunded? How many Baby Boomers will run out of money in retirement?