Robert Kiyosaki: The Dollar Is Dying — Act Now

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0:38Yep, we said free. Oh, and did we mention the cafe? So what are you waiting for? Come see all that's in store. Visit the Wayfair store today at Edens Plaza and Wilmette. Wayfair, every style, every home. This is the Rich Dad Radio Show. the good news and bad news about money. Here's Robert Kiyosaki. Hello, hello, hello, Robert Kiyosaki. I'm going to be talking about this book here with my co-author Ted Seidel, Edward Seidel. Edward Seidel has been awarded the biggest whistleblower award ever. It's in the millions of dollars because he called bullshit on the pension business. so our pensions are being stolen by the very people we give the money to.

1:27So Ted's not going to be on this call, but I think it's important that I continue on anyway. And at the back of Who Stole My Pension, which came out in 2020, it says, what is America's number one export? And America's number one export is fake money. We print money, and these financial planners sell you bonds and all that. And there's a law called Stein's Law. And Stein's Law says what will come to an end will come to an end. And the reason I want to talk about this here is my generation, the boomer generation, is screwed because we trusted these financial planners. We trusted these pensions. You know, they trusted the teachers union pension.

2:18They trusted the teamsters union pensions. And those guys are turning out to be some of the bigger crooks. I call them the Jeffrey Epstein of the financial planning world. And these financial planners will tell you bonds are safe and all that. They're lying to you. It's not true. There's nothing safe in the midst of today because America's number one export is fake money. We print money, and I think we're printing a trillion dollars, what, every 90 days or something? And the ways you can print money is you first have to create a bond, a U.S. Treasury bond. And these financial planners and pensions buy them like crazy because the financial planners, who are the, like I said, the Jeffrey Epstein's, the perverts of the financial planning industry, they basically say that bonds are safe.

3:14They're not safe. Nothing's safe. Stupidity isn't safe. And so that's why I founded Rich Dad, the cashflow board game over here, so you can at least educate yourself. Don't even believe me. The very simple reason is very few people can do what I do. You see, most people, if you look behind me, this is called the rat race, and that's where schools tell you to go to. Go to school, get a job, work hard, save money, and da-da-da-da. They're lying to you. They're lying to you. Look, what's coming, ladies and gentlemen, is called AI, artificial intelligence, and super artificial intelligence. So in the next five years, you won't need attorneys, which is a good idea.

3:57You won't need accountants. Like even today, I can do contracts without attorneys using AI. And so all those A students who went to school and became attorneys and accountants, and even doctors are becoming obsolete because of AI. Then you add Bitcoin to this whole message. And Bitcoin, like I said, is real money in a world of fake money. So Bitcoin, people say, well, it's not as safe as da-da-da. Well, Bitcoin is safer than the US dollar. I'm not saying it's safe. I won't lie to you there. But Bitcoin and Ethereum are safer than the fake US dollar because America's biggest export is fake money.

4:47Like I said, every 90 days, we print a trillion dollars in fake money. And my academic relatives, they always say, well, we save money. Well, if you read Rich Dad, Poor Dad, you know i put savers are losers you don't save money because they're printing it why would you save something they're printing so when people say well the price of gold is going up it's not that the price of gold is going up the price the the purchasing part of the dollar is coming down so why do you save dollars so that's why i'm not saying bitcoin is safe or ethereum's safe but it's safer than the dollar and this book here at ted sedel he is it says here something like this is he was named the 40 most influential people in the u.s pension industry ted sedel who's blowing the whistle on our fake pensions like our teachers union pensions you know calpers and all those criminal operations that supply the teachers and firefighters and police officers are pension they're stealing from you those bankers are stealing for you they are the jeffrey epstein of financial planning so rich dad was created back in you know 1996 with his cash flow board game so you could teach yourself about money and you teach your friends about money i teach capitalism i don't teach marxism or communism which 98 of school teachers do if you ever read the book the communist manifesto teachers you know what we teach in school is that you should pay taxes i don't pay taxes legally trump doesn't pay taxes because we're a capitalist you want to pay taxes knock yourself out also our school teachers are members of the labor union the teachers union the biggest single union in america which is marxist unions because Marx was a guy who said labor workers of the world unite.

6:48You want to be a communist, join a labor union. I refuse to. You can join them if you want to, but I don't want to. And what Ted Sedell and I are saying in this book, who stole my pension, is these unions are stealing your pension because they work with the banks and the financial planners. So wake up. That's basically all I'm saying here. So I created the cashflow board game with my wife, Kim. and then you can teach yourself to get out of the rat race and onto the fast track. And on the fast track, I don't buy stocks, bonds, or mutual funds. Many people like Tony Robbins, they recommend ETFs.

7:26Fine, if you want to buy them. That's for losers. I'm a capitalist, not a loser. I can create my own deals and my deals are created on the fast track. Now you have to understand the fast track. You might have to invest a little time and money in your financial education in other words don't go to school don't sit there and tell you do a teacher tells you to do which is you know get a job don't make mistakes and turn your money over to a financial planner you've got to be a stupid individual to do that because that's what we write about who stole my pension our banking system is are the people like goldman sachs and all those characters the guys who are stealing our pensions and so you know i recommend investing in you know something like the um bitcoin pension i think promoted by goldman sachs but goldman sachs was also sued by the uh investors like me for stealing our silver they're criminals and they get away with it legally that's why i call him the jeffrey epstein of financial planning so that's why ted sedel and i wrote this book who stole my pension and what's america's number one export is fake money and fake assets so you want to invest in that stuff knock yourself up go to school get a job and turn your money over to a financial planner who'll tell you that stocks and bonds are safe.

9:03There's nothing safe out there. Neither is Bitcoin, but it's safer. It's less risk than stocks, bonds, and mutual funds. So it's up to you. If you want to sit there and be dumb and stupid and just give your money over to a pension plan like my poor dad did, it's up to you. You want to be like my rich dad and operate on the fast track as a capitalist. I'm a capitalist. I manage my own money. It's also called family offices. I don't need a financial planner. You do. That's your choice. But the reason I created the cash flow board game, I wrote rich dead, poor dead, and all my books on fake money and all that is to at least give you a running start.

9:49And the problem is right now, my generation, the boomers are out of time. So even if even the boomers are saving Bitcoin, you don't have enough time because time in investing is one of your greatest assets. So please be careful. Wake yourself up. So I said to young people all the time, I said, you know, if you're if you're under 40 and you just save a few dollars towards Bitcoin on one of those wallets that Coinbase provides, you might have a running shot at it. you might have a chance because bitcoin has more integrity than the dollar that's all i'm saying is it safe no anyway so those that's really why i wrote rich dad poor dad created the cash flow board game so the cash flow board game is people can teach people or you can go to one of those jeffrey epstein's of financial planning called a financial planner and they'll tell you to save money in a well-diversified portfolio stocks bonds mutual fund they'll say the s p has done this and you know i don't believe where they said that the fact is gold has done better than the s p now will all will gold always do better no will silver do better it'll do better than gold in the short run and gold stocks i own gold mining stocks and silver stocks but they're my companies i took them public myself what a true capitalist does is they take comp they take businesses public so my first company i took public was a gold mining company in china in 2020 2004.

11:29it was in dalia in china took it public on the toronto stock exchange the tse and we struck gold in china unfortunately the chinese have no integrity they're a bunch of criminals i'm not saying the chinese people the chinese government has no integrity so when we took our company public in china as soon as we struck gold was i became a billionaire for for just for a few short years because my comp we struck gold in china and then i got a personal phone call from the chinese comment the ccp and they said if you pay us two million dollars will let you keep your gold mine what i said i gotta pay you money to get said yes and i said and so i talked over my partners i said when do we have we stop paying for this extortion and my partners and i decided we stopped being billionaires and stopped paying the chinese communist party so around 2009 we said uh you can take our gold mine we refuse to pay you the bribe money and it was a tough decision but then we took another company public but this time it was in utah a little safer than china or california so that's how education really takes place you learn by your mistakes and you learn who the crooks are now this but i wouldn't recommend doing business in china because they don't respect the rule of law now epstein didn't respect the rule of law either when it came to moral law so financial planners don't believe in the law either they'll recommend assets that to me are questionable you know they'll say that you know stocks and bonds are safe they're not safe nothing is safe in the world of such volatility and america today is the biggest detonation in world history why would you believe our bankers why would you believe the federal reserve bank so if you don't learn if you just trust other people then good luck to you so they really that's why i'll recommend this book here stole my pension if you're an old guy like me it's essential because you're out of time you know it takes money to acquire wealth and my generation of boomers are screwed we're screwed so that's why i'm always saying you know look at bitcoin look at ethereum look at silver look at gold but also look at my cash flow board game and maybe you could become a capitalist on the fast track or you can be a loser in the rat race over here and that's where our schools tell you to go they'll tell you to go to school get a job work hard save money and invest for the long term in the stock market with a financial fucking planner your choice it's your free country you can do what you like I'd rather be a capitalist on the fast track, but that takes time.

14:41You've got to invest education, and you've got to have your own team of good accountants, good attorneys, people you can trust that have your best interest. Most accountants' attorneys have no integrity. They operate by another set of rules. So you've got to know who your accountants and attorneys are. Now, the good news is my accountants and attorneys have written a book. They called my, you know, so my accountant wrote his book called Tax-Free Wealth, and my attorney, Garrett Sutton, wrote Own Your Own Corporation. So anyway, we'll be right back, and we'll be talking more about how you can have personal integrity, not only in yourself, but your accountants and your attorneys, and hopefully your medical doctors.

15:28So really, ladies and gentlemen, it's time to get smarter. It doesn't mean that all people are crooks. It just means you have to increase your financial and technical education. We'll be right back.

15:45Welcome back, Robert Kiyosaki. My guest today is my good friend, Ted Seidel. Let me read a little bit about him. For some reason, we have a miscommunication. But Ted, in 2018, Ted secured the largest CFTC whistleblower award. In other words, he blew the whistle on the pension industry and these financial planners. And it was the largest award in history. He made$30 million. So Ted is an attorney. He retired on one whistleblower against the financial planners, who I call the Jeffrey Epstein, of financial education. So he made$30 million in 2017. and he is named the 40 most influential people in the U.S.

16:31pension debate by Institutional Investor Magazine. So his credibility is very high up there. And so he and I decided to get together and write this book, Who's Told My Pension? When basically we're saying the same thing, except the pensions we're talking about are things like for the Teachers Union, which is the biggest union in America, and the firefighters and police officers and all that. In other words, all of our public servants are fucked because our governments, you know, the Jeffrey Epstein's a financial planner of the banking industry is stealing your pension. Wake up. So that's why years ago, my wife and I in 1996, created the cashflow board game to counter the academic lie of go to school, get a job, work hard, save money, you know, get out of debt and invest for the long term in the stock market.

17:30That's advice for losers. You know, that's why Dave Ramsey and I have tremendous respect for Dave Ramsey. But we have a different set of clientele where I used it because in 2071, when Nixon took the dollar off the gold standard, the U.S. dollar became debt. And yet Dave Ramsey will say, get out of debt. If we all got out of debt, the financial market would collapse. Without debt, there's no money. Money is created when you and I borrow money. Unfortunately, today, America is the biggest debtor nation in world history. I mean, they should follow Dave Ramsey's advice, these freaking political leaders of ours.

18:14And so our financial planners are saying the Jeffrey Epstein's of money. financial planning they say well you should you know put your money in the stock market and that's why this is we wrote ted sedal and i wrote this book here so it's what is america's number one export fake assets fake money we print fake stuff and today america's about 36 trillion in debt and growing and they can't a financial planner say the s &p is safe it's not our bonds are safe? They're not. What's safer, but not safest, what's safer is Bitcoin, Ethereum, and real gold and real silver. So that's kind of recommended, but are they safe?

19:03No. Nothing is safe in the hands of stupid people. So don't be stupid. And then things get safer. So the direct correlation between stupidity and poverty, stupidity, poverty, and lack of discipline. And the average American has no fricking education and absolutely no discipline. That's why there was a book written called Fat, Thumb and Stupid, the story of the American people. Our television lies to us, our news media lies to us. So now our students are deeply in debt, going to schools, learning a fake education. We learn nothing about money. If you read other books on Harvard, you'll find out who influences Harvard is the Federal Reserve Bank.

19:51The Federal Reserve Bank is criminal. So they actually have the power to tell Harvard what they can teach about financial education. There's a book called The Big Print. Let me say it again. The Big Print by my friend Lawrence Lepart. The Big Print by Lawrence Lepart. In there, Lawrence points out when guys like Fed Chairman Bernanke and Yellen are actually lying, and he points out how the Fed is actually paying Harvard to teach what the Fed wants taught. And if you know anything about the Fed, the Fed is Marxist. The Fed is not American. They're not bank, and they're not federal, and they're a complete sham and a crook.

20:37So that's why people like George Gammon are going after the Fed saying, end the Fed. We've got to end the Fed because when you read Lawrence Lepard's book, The Bed Print, he shows exactly where guys like the Fed are paying Harvard to teach students to be stupid about money. So that's why I call it the Jeffrey Epstein of financial planner. They are perverts. So that's why this book here, Who Stole My Pension? And I'm not saying it's safe, but it's safer. There's gold, silver, Ethereum, and Bitcoin. They're still high risk, but they're safer than the guaranteed theft of your money via our banks and our pension plans.

21:26So when I talked to young people who are under 40, I said, just keep adding a little bit to your Bitcoin account. You know, your coin, I think it's called Coinbase. I have one. I invested in Bitcoin for the first time when I watched Bitcoin go to 20 ,000. And then I saw it drop. And because I studied technical trading, which is the ups and downs of markets, I watched it and so it went to 20, it dropped to one. i said i should have bought at one dollar but i didn't know enough i didn't have enough information so i started studying and gold went to three dollars i mean bitcoin went to three dollars and i should have bought then but i still didn't know enough and bitcoin hold held at six thousand so i i put i bought 10 bitcoin at six thousand each so i got sixty thousand dollars and over time and I keep adding to it, today is worth$3.5 million.

22:26So it's the easiest way to get rich. Not that it's guaranteed, please hear me. You can still lose money in Bitcoin. But I've never seen something so easy because at least Bitcoin and Ethereum, these crypto things, some of them, not all of them, have integrity. They hold their, they've got integrity. More integrity than the US dollar or the Federal Reserve Bank. I'm not Republican or Democrat. I'm just calling as I see it. And next to my house, is one of the biggest buildings I've ever seen in Phoenix. And it's owned by the student loan business. It's big business ripping off our students. And it's not that student loans rip off all students.

23:09Student loans only rip off poor students. In other words, my friends who are rich, They don't need to take out student loans because they use investments to pay for their kids' college education. But poor people have to use things like student loans to pay for their kids' education. And today, student loans, I think, is a$1.6 trillion disaster. We're wiping out the poor kids of America. And today, homelessness goes through the roof because why would you produce in America when factories move overseas back in 2000? So homelessness goes up because our jobs went overseas. But it's Ted Sedell and myself who go after the pension business.

23:57And that's why I, not that it's safe, but gold, silver, and Bitcoin and Ethereum, you have a better chance today. So if you're younger, under than 40, just add a little bit every month to it, and it'll keep increasing.

24:18So the final words on my partner here in this co-author in this book, Ted Seidel, other ones me, Robert Kiyosaki. It says here, we co-authored, who stole my pension? and Ted later wrote how to steal a lot of money legally and Ted's an attorney so he says this is how they're legally stealing our money and then his latest book is Buried Beneath a Tree in Africa and it's the details of his father was much like him Ted's father was a whistleblower and Idi Amin murdered him from Africa and buried him beneath a tree and didn't tell anybody. So Ted had his head, because of his whistleblower activity, had to go and go find his own father.

25:11The lesbian criminals. Your job is to get smarter. So that's why I recommend financial education. We created the cash flow board game so people can teach people. And the greatest honor I have, I am now going to Zimbabwe. And I had the good fortune to be in Zimbabwe when the Zimbabwe dollar collapsed. And I'll tell you, ladies and gentlemen, being in Zimbabwe when the dollar collapsed, which the US dollar might do, which the yen might do, which the euro might do, and which the South African rand might do when fake money collapses, which the Zim did, it's frightening. So I was in Zimbabwe when the Zimbabwe dollar collapsed, and it was terrifying.

25:57the first thing I had was young black guys with AK-47s I'm in Zimbabwe and they put their guns up on me I had to go like this I thought I was back in Vietnam you know I have two tours in Vietnam as a marine pilot I had to put my hands up and they were going to kill me so geez I'm going to die in Zimbabwe and they went up to the white farmer in Zimbabwe and And the little lady, she's a little tiny woman, white woman, she came up. She goes, burn this place down. Burn this down. So I'm in Zimbabwe. I think I'm back in Vietnam because these black guys are holding AK-47s. Generally, they're North Vietnamese before holding AKs up to me.

26:42So she doesn't want to die out here now. And so she comes out, a little white woman. She goes, burn this place down. So my friend and I, we look and we go, okay, we'll do it. and being a marine, we know one thing. The first place you torch is a diesel shack. So we cruise over to the diesel shack, lit our torches, put it on the diesel, and the whole place blew up. So I return to Zimbabwe and we're teaching the cash flow game and I'm very happy to announce the government of Zimbabwe is actually standing there leaders to observe the game to find out if it's a legitimate teaching tool. And so that's why I'm happy.

27:28We teach financial education to the masses. People teach people. And my dear friend, Tom Wheelwright, my CPA, he is going to have his CPAs teach the cash flow game to entrepreneurs like me because entrepreneurs and CPAs have to communicate and the game helps us communicate to become better entrepreneurs. So that's the joy of my life, this cash flow game was developed in 1996 by my wife and i and it keeps going around the world so i'll be in zimbabwe completing that i've been to vietnam to teach a game i'm going to sri lanka to teach cash flow and i've been in china teaching cash flow as well as japan so anyway ladies and gentlemen education goes on and next year we're coming out with the cash flow game in arabic so the Muslims can teach Muslims financial education.

28:21And hopefully if we have Muslims teaching Muslims, because I'll be in Istanbul teaching there. So that's what the cash flow game is, teaching capitalism to the world in different languages. And I'm very happy to be a part of it. So thank you for watching the Rich Dad Radio Show. Keep your financial education. Who's stolen your pensions? It's your bankers and financial planners. And this is my friend Ted Seidel. This is What's America's number one expert? fake money and fake assets. Thank you for watching Rich Dad.

28:53This podcast is a presentation of Rich Dad Media Network.