Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business How to Get Rich During an Economic Crisis! - Jeff Wang, Robert Helms, Russell Grey
Feb 26, 2025
The podcast dives into the hot topics of today's financial landscape, discussing both inflation and deflation. Experts clarify why the middle class is struggling while the rich thrive. Listeners learn practical strategies for safeguarding wealth through investments in real estate and gold. Cryptocurrency’s volatility is also examined, urging caution for potential investors. The conversation emphasizes the need for updated financial education and adapting to a rapidly changing economy, encouraging personal empowerment in financial decisions.
AI Snips
Chapters
Transcript
Episode notes
Economic Levels
- Robert Kiyosaki emphasizes the difference between macro, micro, and mini economics.
- Most people focus on mini-economics, missing the bigger picture.
Outdated Advice
- Don't blindly follow outdated financial advice like "go to school, get a job, and invest in the stock market."
- The baby boomer generation, who largely followed this advice, are now facing financial challenges.
Impact of Quantitative Easing
- Quantitative easing (money printing) causes asset price inflation, benefiting investors but harming the working class.
- This leads to a widening gap between the rich and the poor.