The Impact of Central Bank Digital Currencies – Robert Kiyosaki, George Gammon
In this episode of the Rich Dad Radio Show, Robert Kiyosaki and guest George Gammon dive into the complex world of modern money, discussing the implications of Fed Coin, central bank digital currencies (CBDCs), and the banking system's vulnerabilities. They explore the impact of historical financial systems, the potential loss of privacy with digital currencies, and the current state of the global economy.
They discuss how individuals can prepare for impending economic challenges. With real-life examples and insightful commentary, this episode is a critical guide for understanding and navigating the uncertain financial waters ahead.
00:00 Introduction
01:39 Understanding the Banking System and Its Risks
03:40 The Orwellian Implications of CBDCs
08:15 The Role of the FDIC and Moral Hazards
10:24 Global Financial Instability and the BRICS Nations
13:06 The Tsunami Analogy: Predicting Financial Crises
30:44 Preparing for Financial Turmoil
Facebook: @RobertKiyosaki
Twitter: @TheRealKiyosaki
Instagram: @TheRealKiyosaki
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Just watched your video discussing XAI94X and I am very excited about this
I’ve heard lots of people from X and Facebook talking about this one
This is good project from Elon Musk
When the world knows this, we already x50 🚀
lets PUMP this to the sky guys!!
XAI will atleast beat LINK
Thanks for sharing NVIDIA and XAI94X. 💯
Excited for XAI’s potential gains ahead! 🚀
XAI investments are exciting. Let’s keep the momentum going!
Happy to invest in XAI together!
Looking forward to XAI’s growth!
XAI is promising! Happy to be part of this journey.
Thanks for the insights! Bought XAI94X, predicting big returns! 📈
Why everyone is talking about XAI?
XAI to the moon! 🚀
Same here! Exciting times ahead! 🚀
really good project
Absolutely! XAI is a winner! 💪
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Ann Marie strunk 🙌
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can’t decide what is best. Can you explain further how you invest and earn??
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
I’m favoured, $90K every week! I can now give back to the locals in my community and also support God’s work and the church. God bless America,, all thanks to Ms Ann Marie strunk 😊🎉
Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly??
That’s why the central banks are pushing for commercial Banks to adopt cbdcs, I covered this immensely and in detail on my channel.
So how to prepare?? Food and silver? Short term Treasury?
For CBDC to succeed, stores need to ask for your bio-metrical data before buying something.
Yes, and when it is fully implemented Banks will no longer accept cash. The world is changing are you ready? You don’t have to jump off, just be prepared to abandon modern Banksterism.
Well, ok, I have 1 question: Why does the “tsunami” hit after the yield curve corrects? Why 9/10 was there a recession each time the yield curve recorrected so as the 2 year was lower than the 10 year?
What a blast? Thanks sir for inviting RC.
Thank you so much great from Germany 🇩🇪 ❤
Can you eat your crypto? Study your History.
what I’m getting confused about is don’t we buy bitcoin with the dollar?
Great video Mr.kiyosaki.
Wow Robert knows how to explain the bank system . Awesome video
Robert you do a great job explaining things. Love that you keep it simple.
Be your own bank
Although I have interests in global economics I don’t watch the news anymore… I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You’re right about keeping level headed when investing so that’s why I think it’s important to limit the amount of FUD we consume. I don’t watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Francine Duguay in few weeks, this is one of the best medium to backup your assets incase it goes bearish.
Francine Duguay program is widely available online.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.
What I appreciate about Francine Duguay. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly………..
Alright I just came across this thought it was interesting and whoa 🤯 I found out I was wrong about everything about money. So what can I do now? Or am I screwed!?🥴🥴🥴 Help
NO!, you lose your privacy first, your money second, and then your life third!!! (They will take it ALL, strp per step, is not for riches or sustainability, is for power taking ALL from you
Great Stuff.
Great show 👏🏼