Why Are Prices Rising?
Are prices really going up or is the value of our currency going down? Do you know why experts are saying it is very likely that the US will experience inflation and possibly hyperinflation?
The Rules of Money Changed
In 1971, the rules of money in the US changed forever because President Nixon took us off the gold standard. Our money was no longer money, it became a currency which is just a printed note or actually “debt”. To learn more about the “New Rules of Money“, click here for our blog post.
Robert Kiyosaki Says “Don’t Save Money”
The reason Robert Kiyosaki says “Don’t Save Money” is because the US Dollar and any other currency which is not backed by gold, is not really money. In the year 2000, an ounce of gold was worth $300 US. In 2010, the same ounce of gold was worth $1,100 US and today, May, 2011, an ounce of gold is worth $1,500 US.
Inflation – Creating Currency Worldwide
In the last decade, the US dollar lost 398% of it’s value when measured against gold. In January, 2000, oil was $25 a barrel, in 2010, it was $91 a barrel, and today it is at $100. The price of oil has gone up 264% in the last decade. After 1971, currency was being created on a massive scale worldwide. That is what causes inflation.
Here a video by Robert Kiyosaki on Saving Money:
Increase Your Financial Education
Robert just wrote a new book called “Unfair Advantage” where he explains that the people who have financial education and not just financial training, will benefit in the “Greatest Wealth Transfer in History“. We created a post with his short documentary of the “Unfair Advantage” movie.
Start Taking Responsibility For Your Own Financial Life
Robert says you want to make a decision to dedicate your life to becoming an entrepreneur. He recommends “The Business of the 21st Century“. You will find our blog post which details his book called “The Business of the 21st Century” by clicking here.
I feel so blessed today because I made that decision in 1995, when I felt a strong urge to “be home with my son”. I became a full-time entrepreneur as of January 1, 1996 and it’s been the most amazing journey ever!
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Sending you a lot of “Aloha” (love) & “Mahalo” (thank you) for being a part of our “Ohana” (family)!