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!
Stay tuned as we will continue looking at the changes in our economic world in our next blog post. Click on the orange RSS button above to subscribe to our weekly blog posts.
How do you feel about the current economic situation? How do you feel about the information we presented? We’d love to hear your comments below. May we ask you to click the “f share” button at the top of the article, to share on Facebook or “retweet” this on Twitter?
Also, if you’d like to learn tips and secrets I’ve used over the past 16 years, sign up for our video series below.
Sending you a lot of “Aloha” (love) & “Mahalo” (thank you) for being a part of our “Ohana” (family)!
😀
May 13th, 2011 at 2:17 pm
Great post Kellie. A shift in the way we think about money is definitely much needed.
It’s good to see more and more people coming together to educate others on important topics such as this.
May 17th, 2011 at 12:23 am
Aloha Kyle,
Nice to meet you here on our blog. Thank you for your kind comments and yes, it is so wonderful to see everyone sharing and “giving”! So much love & aloha 🙂
Kellie Hosaka�´s last blog post ..Do You Believe In Cooperation Or Competition
May 13th, 2011 at 2:38 pm
Being an entrepreneurs has it’s ups and downs but we have been small biz owners since 1986 and it’s really best to “be your own boss.” I have only had my online biz for a couple of years but the sky is the limit as far as I can tell! Nice post! BTW, got here through the Blogging Mastermind Group on FB 🙂
Martha Giffen�´s last blog post ..Remember Your First Time
May 17th, 2011 at 1:03 am
Aloha Martha,
So very nice to meet you here on our blog! Congratulations on having your own business since 1986! Wow! We have been in our own home based business since 1995. And yes online is even better!
Thank you for your comments Martha!
Aloha 🙂
Kellie Hosaka�´s last blog post ..Change Your Perspective- Change Your Life
May 13th, 2011 at 4:18 pm
An interesting video Kellie and although I have a lot of respect for Robert, I have his Rich Dad Poor Dad book, and I understand what he’s getting at I’m still going to save money as without some sort of savings I’m not prepared for those unexpected times when I will need the cash.
I’m thinking that this is just part of a series of videos as there has to be a lot more to it. Perhaps buying gold and silver is an option but for the individual storing becomes problem and also if the money market crashes how do you use the gold to buy your weekly groceries?
I’l be really interested to see what others have to say on the subject.
Sire�´s last blog post ..Failure Is The Next Step On Your Journey To Success
May 17th, 2011 at 1:10 am
Aloha Sire,
It’s so nice to see you on our blog again! We are living in interesting times! We are studying it like crazy too. It’s so much fun kind of like a roller coaster ride, up and down.
We are truly fortunate to be living during these times. Thank you for your comments. We hope to assist people into wanting to become more Financially educated.
Thanks for stopping by! We really appreciate you Peter!
Aloha 🙂
Kellie Hosaka�´s last blog post ..Deepen Your Relationships By Understanding Love Languages
May 14th, 2011 at 1:06 pm
Aloha Kellie, awesome post and I can appreciate in-depth financial details in how to look after our assets. I wonder why they never made the attempt to place our country back on the gold standard. Gosh go figure our country has so many intelligent people but we hardly make the attempt to look after our country, but always looking after other nations. Its good but let us not forget our own people.
Oh I was watching a Livestream with Robert Kiyosaki, and he claimed he bought a isolated land place and filled his cabin with storage of water, food and get away boat.. Lol sound like he might be expecting a drastic change. Glad I came by and thanks for sharing! Mahalo, Lani 🙂
PS…. glad we are in a cool fb group to catch up on our latest news. Also, I like how you are improving your post with deep interlinking and more, very cool.
Aloha – LaniÃ�´s last blog post ..Online Community Groups Has The Upperhand
May 17th, 2011 at 1:13 am
Aloha Lani,
Isn’t it all so interesting now that there is so much information and everyone can decide for themselves what is their “truth” and become financially educated to make their own decisions.
Robert is expecting a drastic change and if you read his book “Prophecy”, he predicted all of this in his book which was written in 2002 and they all made fun of him. Now it’s all coming true and he’s a genius! 🙂
And thanks for the compliment on the interlinking. Please feel free to give me any tips you may have. You’re one of my experts you know! Much love & gratitude 🙂
Kellie Hosaka�´s last blog post ..How To Make Personal Growth Part Of Your Daily Routine
May 19th, 2011 at 7:30 pm
you’re the best kiyosaki junkie kellie!
this is so interesting–the idea of “savers are losers” made me start the video over and watch it again!
this was a real lesson for me: money has to maintain its value over time, but currency doesn’t. what a fascinating form of “green energy” we deal with!
thanks for getting the gears going kellie 🙂
Melissa McCloudÃ�´s last blog post ..I’m So Over People Like YOU
May 30th, 2011 at 9:41 pm
Aloha Melissa,
Thank you for your kind comments! Yes, I love Robert’s information and I am a little biased as he comes from Hawaii, so he really describes our climate here well. Glad you enjoyed it! Aloha 🙂
Kellie Hosaka�´s last blog post ..What Is Real Money And Why Having Financial Education Is An Unfair Advantage
May 19th, 2011 at 7:46 pm
Hi Kellie
What an eye opener! Robert Kiyosaki is such a huge value to us an entrepreneurs. He confirms our existence in the home based business profession. If we had been “saving money” as workers in the American workforce all this time, we would little chance to get ahead. I love what he is saying here about owning gold and silver, which I won’t get too personal..I’ll just say..it’s WISE!!!! You always have the inside track on the key concepts we need to know for economic, business and personal development.
Thanks Kellie!
Your Friend
Laura Morris
Laura Morris�´s last blog post ..Living Life in Gratitude
May 30th, 2011 at 9:42 pm
Aloha Laura,
Glad you enjoyed our blog post! And yes, it is wise. Thank you for your comments. Aloha 🙂
Kellie Hosaka�´s last blog post ..Do You Believe In Cooperation Or Competition
May 24th, 2011 at 10:43 am
I always love coming to get my Kyosaki fix from your blog, Kellie!
You have a knack of distilling all the Really Important Stuff that we need to know, and then adding your own unique insights which make the lesson so much more impact-full.
I was also surprised at the ‘savers are losers’ statement, but while I get where he’s coming from, I’m with Sire on feeling that I need to do at least a little saving done alongside the investing, so that any bumps in the road don’t completely sideline me.
Bliss-ings,
the goddess known as Jacqui
Jacqueline Gates�´s last blog post ..Two Little Words That Can Change Your Life!
May 30th, 2011 at 9:44 pm
Aloha Jacqui,
Glad you enjoyed our concise version of Robert’s information. There is a lot to digest and my objective is to make it easy and hopefully encourage everyone to become more financially educated. Thank you for your comments. Aloha 🙂
Kellie Hosaka�´s last blog post ..Change Your Perspective- Change Your Life
May 26th, 2011 at 3:38 am
Kellie:
Eric Hoffer’s “In times of change, the learners will inherit the earth” comes to mind as I read your latest Kiyosaki post. Ignorance is no longer bliss and it behooves us if we want to thrive in these exciting times to be learners, and not the learned. Thank you for making the complex more clear. I’ve learned more from your posts on financial education in the past 1-1/2-year than in my entire lifetime. No one, not even college teaches you this stuff. I take full responsibility for my financial education today and look forward to your next class covering more Kiyosaki nuggets, Prof. Kellie.<3 With much gratitude…
May 30th, 2011 at 9:46 pm
Aloha Debra,
Glad to see you here and yes, it is definitely that time…the time of drastic change. It is time to be avid learners and to apply what we learn so we will be prepared for the “greatest wealth transfer” ever! Aloha 🙂
Kellie Hosaka�´s last blog post ..Deepen Your Relationships By Understanding Love Languages
May 29th, 2011 at 6:31 am
Hi Kellie,
Just stopping by quickly to say hello and thanks for another valuable article. I’m always interested in anything Robert Kiyosaki has to say, I’ve definitley learned a lot from him and also from your site Kellie – Mahalo 🙂 Just going to check out the video so bi for now.
Denise 😉
May 30th, 2011 at 9:47 pm
Aloha Denise,
So nice to see you again! How are you my friend? How’s your blog doing? Glad you enjoyed our post! Keep in touch okay? Aloha 🙂
Kellie Hosaka�´s last blog post ..What Is Real Money And Why Having Financial Education Is An Unfair Advantage
May 30th, 2011 at 6:47 am
There’s a lot to learn to Robert Kiyasaki. He’s a good mentor to everyone
that believes in his talent.And like you I’ve learned a lot from his talent. I’m new here good thing I found your site
it seems your story is very interesting. Great article!
May 30th, 2011 at 9:48 pm
Aloha Robby,
Thank you for your kind comments! Yes, Robert is full of great information. We are glad you found our site too. Hope to see you again! Aloha 🙂
Kellie Hosaka�´s last blog post ..What Is Real Money And Why Having Financial Education Is An Unfair Advantage
June 22nd, 2011 at 3:09 am
The main task of an entrepreneur is not to save money, but just to make money work for him. It can be realized by investing money in profitable business projects. So, if you have already achieved success in some business, don’t stop and just go ahead! Invest money in another projects and make money work for you. It is my piece of advice for an entrepreneur, thanks!
Terje Sannarnes�´s last blog post ..How Personal Development Can Help an Entrepreneur Start a Business