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How Money REALLY Works

The Money Podcast

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The Importance of Inflation in the Financial System

Robert Kiyosaki was a bit of a grumpy bugger on that interview. And maybe he's earned the right to be. But his book Rich Dad Poor Dad and his teaching on the financial system is accurate. Why would you want to save your money if inflation is more than interest? Think about it. Less wait and see in the next recession or banking crisis. less wait and see how safe people's money really is in the bank. At the moment, what happens when banks go under is they get bailed out,. which means you pay to bail the banks out.

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