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Is Robert Kiyosaki Right About Money?

The Money Podcast

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How to Earn Money in Fiat Currency

The value of money goes down over time as prices go up and there is more supply than demand, value goes down. So the smart play is to earn your money in fiat currency because that's how we earn money. Which is soft money, a soft asset. I don't think money is an asset. People call money an asset, it's not an assets of liability. The banks know it's a liability because they take your money and do they keep it in the safe? No, they lend it out. And so question all that. Why would I save money when they print money? They could tell you to save money. Do you know why they tell you tosave money?

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