Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

How to Secure Your Wealth During a Crisis

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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What Is a Bond?

In 2019, the repo market blew up again. The last time that blew up was 2008. But a big part here is they want to destroy hegemony of the US dollar which came in place in 1944 with Bretton Woods. A bond is an IOU essentially where you give your money to somebody and they say, okay, I'm going to pay you back. And we went from being a capitalist state to a credit state. So everything is floating on debt right now. And I think bonds are debt also.

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