In Robert Kiyosaki’s book, “The Conspiracy of the Rich- The 8 New Rules of Money”, Kiyosaki gives a no holds barred account of the factual, historical events that shaped today’s economy, financial, and education systems. This post is a summary based on this must read book.
The rules of money officially changed for good in 1971 when then- President Richard Nixon (visualize waving his hands and jowels while making double peace signs saying, “I am not a crook”- how poetic) took the U. S. off the gold standard without approval of Congress.
His action was one event in a series of crippling events that created the economic crisis of today and gave the U. S. permission to print as much fiat currency and create as much debt as they wanted.
{*Fiat Currency is defined as “any money declared by a government to be legal tender; state-issued money which is neither legally convertible to any other thing, nor fixed in value in terms of any objective standard. The term derives from the Latin fiat, meaning “let it be done”. … by wikipedia}
In other words, money as we knew it was not back by anything; it’s value was literally determined by the government (ruh roh Shaggy!).
In my opinion the crisis we’re in will continue and get worse. Why? Think about it. The people who created and perpetuated this crisis are still in charge. The government is still printing money and racking up debt that is devaluing our dollar at a rapid rate (there is massive evidence to support the ultimate goals of the government, Fed, and Central Bank but I won’t get into that in this post).
Bailouts continue to rise at an alarming rate. The mega banks and financial institutions who’ve helped accelerate the crisis continue to reap the rewards at the expense of the middle class.
Inflation is already rearing it’s ugly head in the form of rising commodity costs, but the retailers have shielded us for the most part due to the fact that they’re absorbing the costs. This can’t or won’t last.
At some point the crisis will come to a head when the countries we owe money to will stop accepting our “Notes” and come to collect in the form of tangible assets.
The bottom line is the current system is engineered to make the ultra rich even richer at the expense of the middle class, driving them down into the lower class.
Sounds like a gloom and doom prediction, doesn’t it?
Well guess what? Every crisis provides us with the greatest opportunity for prosperity!
“What? How can that be possible, if everything you described above comes true?”
If the worst case scenario happens, people will have desperate needs, more than ever in our lifetimes. Where there’s problems, there’s a need for solutions. Sharp, forward thinking individuals who can position themselves in front of the problems with viable solutions will absolutely thrive in the new economy.
Which means more people starting their own small businesses, home based businesses, whatever the model is. Successful businesses provide solutions for people with needs and wants. It’s never been easier to start a sustainable business for very little and get it profitable in a short period of time (you just need to align yourself with the right people, will discuss on a later post).
Did you know more wealth was created during the Great Depression that any other time in our history?
Any guess as to what’s happening right now?
You guessed it. More wealth is being transferred from the lower and middle class to the rich than during the depression. You see, wealth doesn’t disappear. It moves through markets, in and out of people’s hands, in and out of asset classes, and typically from poor to rich (not because of theft or dishonesty, but because of education- or lack thereof). It’s been that way since the beginning of time.
The key is to figure out what the wealthy know that you don’t. In the past that’s been virtually impossible because most of us couldn’t afford to hire Robert Kiyosaki or Donald Trump’s financial advisors.
But that’s about to change. A group of mentors of mine have put together a very inexpensive membership group to give everyone access to this kind of information. They’ve sought out multi- millionaires and billionaires who “give up the goods” regarding their secret tips and strategies for creating and protecting their wealth. As a beta test member I can tell you that the advice and tips in this community are priceless if you implement them.
At the time of this post the membership site is still undergoing a final tune up but will be available in the next few weeks. I will continue to post more information regarding the Great Wealth Transfer and keep you updated on the official release of the wealth creation and asset preservation membership.
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