Hidden Agenda To Keep You Poor | Robert Kiyosaki

happiest part of this business. Yes, you know, I'm sure for you too. When you see guys say thank you it changed my life, it is. But when you can actually improve somebody's life, that's the joke. That's the joy, you know, it is it is. I get a lot of comments like that, and I love everyone. Um yeah, So what Robert's talking about. Before we started recording, I was showing him my collection, which is not all of them.

This is just a parcel collection. These are the more obscure books that I have of his that probably most people haven't read. Um, so that's kind of what he's talking about. But I have read a lot of what you've done. Um. Normally, in the beginning, I asked people to give us a kind of a background on who they are. But you don't need that introduction, so it's going to jump right into it. Um. As I said,

I told you offline. You know, your book was probably one of two of the most influential ones for my life, one being Think and Grow Rich and one being Rich Dad, Poor Dad. And the reason why is because those books weren't about tactics or anything specific. It was more about a different way to think. And by changing my thinking, it allowed me to now start to go get that information that I needed on the more tactical level. Um. And it seems like you're you know, you're an educator,

so you talk about things from a high level. Is that how you see things? Like? You just want to open people's minds so they can dive in. Are you here that right on the head. It's not about what to do, it's how to think. You know. The reason so many people are in massive financial trouble today, I mean he might have I was showing this picture here. This is the story of my rich dad and poor dad. You know, one had a financial state, one had a PhD. That was poor dad, and that was the most important

thing in his life. He spent his life getting it. And then this here is my rich dad. It was a financial statement. And see my poor dad here when he lost his job. He's an honest man, and he was in politics. Unfortunately, you cannot be honest in politics. He got his butt handed to him. And so that's when I decided. I was in Vietnam at the time when he got when he got me, lost his job, and I realized I was going to follow this guy. Here. It's a financial statement. This is your report card when

you grow up. But nine pc of the people don't have a financial state. So anyway, the reason people are in so much trouble as they do what people like my we're dad taught them. They went to school, they got a job, they work hard, they save money, they pay taxes, and they invest in a four one K.

I'm going, holy moly, yeah, you're just losers. But you know, I mean, Mark, you know how many years I've been saying that, and I get attacked the good things social media wasn't around earlier now because the mob would have come after me, or what do you call those the trolls? Would have just wipe me out. Cancel mob, cancel culture, cancel culture. Yeah. Yeah, yeah, So it is how you think and that's nothing to do about anything else. Yeah, And that's exactly right. And I think so many people

missed that. I see them commenting on my videos and I see them. I've got several hundred comments of people telling me or giving me ideas of questions to ask you. And a lot of people wonder why you don't get more specific. But it's not about giving people to fish, right, It's about teaching people how to fish, because if you

know how to fish, will never go hungry. Right. I guess that's it's more than that you ever come to my office, which I think you and George Gammon will be in town and Phoenix and say you'll come and see I have a big bust of Einstein, Okay, And and and it says imagination is more important than knowledge. They think about imagination knowledge life, and what happens is without that knowledge, you can't convert your imagination. See knowledge

processes imagination. So what I do and what you do is we have the knowledge to take what we think about think and grow Rich was a fabulous book and we confort out to cash. But the average person, since they don't have that knowledge because they went to school, they got a job, they save money to get out of debt and then invest in the stock market. You know what, they're four oh one k. They lack knowledge. That's the problem, and so they want us to give

them the answer. And it's infinite. You know, there's so many different ways you can get rich. Why would you follow my way? Right? Yeah, that's a great point. Um, there're so just for all the listeners right now, there's so many questions that I have um to ask you that we're going to try and get through. So if you're listening, we're gonna talk about how to use business and investing for cash flow. We're gonna dig into gold,

We're gonna talk about bitcoin and other digital currencies. I want to talk about where we see the market going and what we should be doing to diversify and protect ourselves. But before we dive into that, you just brought up a good point that I want to ask you about. It wasn't on my list of questions, but you've been an educator for a long time, and you talk about how the system was giving us the wrong information go to school, get a good job, safer retirement, and that's broken.

And we know it's broken because half of baby boomers have zero dollars of savings. It didn't work. So my question is, um, you've been doing this education for a long time because people have been hearing and learning the wrong thing for a long time. But how has it changed over the last twenty or so years you've been doing this. It seems to me that the education gap as getting worse and not better. What do you see? You're asking a very loaded question because I'll probably get

pillared by the trolls. You know, I know you're not afraid. Well, I was, Like I said, I went to Vietnam twice nineteen sixty six and the nine it was in Vietnam where I actually discovered gold. You know, my fresh dad said, hey, watch out, mixing took the dollar off the gold standard and also pilot off the aircraft carriers. And so my co palette I flew behind under the lines proving Moraines aren't the brightest guys on earth. Because the n v A, the rothe his arm I had overrun the gold mine.

What the heck? You know, we'll just go unarmed and we'll go out there with money my captain's So we went up to the gold window and she turned us down. And what the heck is going on here? So that's where my education really really began by making mistakes. But I never thought it would get this bad. I cannot believe how much money we've printed. I knew you never

printing money. In seventy two, that's when I bought my first goal coin as a cruger and in Hong Kong because it was illegal for Americans to own goal until seventy So I buy my Cruger and I'm not a criminal to smuggle this little goal coin into America, and I'm going kipasa. You know what's happening in America? What I had no idea how much money they would print, you know, the FED and the Treasury and on Wall Street and the banks. It's it's a criminal cartel. It is.

George Gavin and I were just in jackal One, where the FED was created. It was kind of, oh my god, this is the place, you know. Yeah, but we have to have we have to wake up because we're being ripped off, pure and simple. We're being screwed by the FED, by the banks, by Wall Street and everybody else. Yeah, and what I like to say is that no one's coming to save you. As a matter of fact, the system is loaded against you, and so we need to take responsibility for our own selves in order to set

ourselves up and almost against the world that's working against us. Right, Um, so let's let's talk about that a little bit. So your framework is really built off of this cash flow quadrant, which really says, you know, if you're stuck in as an employee, you're never going to get ahead, and you

need to kind of move through the quadrant. And really it's the right side of the quadrant or we want to be, which is a business owner and then an investor, And so that's where we should be trying to get to. We want to be have a business to earn income and then investing the income that comes in, and that's the secret, right. Yeah, So let let make sure this is rich dad, poor dad, diploma versus financial statement. And this here is book number two is a casual quadrant.

So I like pictures. You know, I flunked that high school twice, like George, we're not good at school. But anyway, this is poor dad over here, go to school and get a job. And my mom wanted to become a doctor, you know, a specialist. And I said, hey mom, I'm flunking out of school. She goes, you're right, you better not because don't become a doctor, you're not gonna make it, you know. And so this is my mom and dad's side, and this was rich dad's side here. So B stands

for big business five employees or more. But mark there's one more word attached to that is called a brand. You see when when when people ask me, what is what are you? What's your net worth? I said, what is my brand? Worth? Right? It's worth billions because I am all over the world that's not in the state. And I stands for inside investor. You see, when you buy a stock border mutual fund, you're outside. And so the thing is is I always wanted to be the inside.

So my poor, my poor dad and my poor mom are great people. They're always on the outside. They didn't know how they're being screwed. And so what I had to do, you know, once I bought that gold coin in Hong Kong after flying looking for a golden Vietnam, I wanted to come across onto this side. This was rich dad side, right, So I knew I had to build a brand. Now. It took me years to do it. I failed so many times. But you know, I don't know.

People don't even know. It's New York Times took me off the best seller list because I was on for almost seven years. I said I'd be fair. Let somebody else get on there. It's still on the best seller list internationally. But you know those comic pink called liberal left, for that's just Marxist. They don't like it if you're talking about capitalism and getting it rich hate. You know, they'd rather have you aoc Causio Quartez and Bernie Sanders

and all that. And they're entitled to their point of view, right, I'm a capitalist, I'm not a socialist, and I was killing communists. So if I want to kill communists, I should just come home to the States right here. I don't get read for that one too, you know. Yeah, well, so we we want to move to the right side

of that, which is the business owner. So we want to have a business that gives us leverage um over our time, over other people's time, and allows us to create the income and then take the income and invest it into the investment quadrant, which is then should be providing us with cash flow to live so we don't have to work anymore. Well, I think you're already doing it, Jorge. You know, Mark, that's my business. I build assets, right,

So you look at rich Dad, poor dead. I have no money into the book, and it sells a million copies a year at five dollars a book. Now the math is tough. That's five million dollars a year just from one book. So the cash is flowing this way. The reason I went into real estate is because I'm an insert I cannot do this in stocks. So I come onto the inside here and so let's have a million here. I come down here, and I'm marryed with four million dollars in debt. So I buy a five

million dollar real estate property. That throws off cash flow. Right. But because I've stepped up my basis from one million to five million, but four million in debt, I depreciate it. And because I depreciate it, I pay no taxes. And that's what Trump is saying. And they said, you only pay seven hundred fifty dollars in taxes. I said, because he's a real estate guy right on the reasons you get into real estate. It's not two reasons for real

estate debt. I used debt to buy and then I pay no taxes and then the cash flow is tax free. It's common sense. But that's what my rich dad taught me, and my poor dad and mom on this side is to get a job and go to school and work hard and save money and pay taxes. That's not what I want to do. But it's a free country. You can do what you want to do. Yeah, you can.

Everyone's free to overpay if they want. Um. Years ago, Um, one of your rich dad advisors had wrote this book, and uh, this book was very eye opening and uh kind of influential in my life as well. And I and I and I marked this book up with hundreds of little notes, and I gave it to my c p A and he's like, yeah, I'm like what so when you talk about taxes, that makes sense, but I don't want to dig into the tax I'm so glad

you said that. You see, most people think they're CPAs are smart, right, you see, most c p a s are on this side. They don't understand this. It's really how this is this is how you look at the world. And I've gone through so many c p a s because you know, they're the village idiots. I want you to pay taxes, I said. The only only one reason I hire an account because I don't want to pay taxes. And so I would go and hire these accountants. And they say the best way what you should do is

pay more taxes, and I said, you're fired. If you can understand that, if your listeners can understand that, you've got to choose your advisors very wisely. So it's very smart of you to buy that book because Trump and I don't pay taxes legally. And now people go nuts and said, well, you're an American and all that is a Hey, sweetheart, I went to Vietnam twice. You call me out American, I'll kill you. Yeah. I mean, it's just the way Marines think. Yeah, it's not that you're

an American, you're uneducated. Yeah. And you know, I've made the point that, um, the government's your partner, whether you like it or not. They're gonna take half your income or whatever that percentage is. But the government has policies and they're trying to get people housing to live in and they're trying to get people jobs, and so they have these policies and um. In order to get people

to do those things, they offer them incentives. It's the character, right, So if you help us provide housing for low income people, will give you tax breaks. If you provide jobs, will give you tax breaks. And not only that, if you drill for oil, we'll give your big tax breaks because oil lobby is very, very strong, right, So I like to look at them not as loopholes, which seems like a dirty word, like you're trying to sneak out of it. But really, I'm just doing what the government wants me

to do. They're incentivizing me to do. Hey, Mark, take all the other show, you got it. I'm very you know, there was an all all TV programs starting with Kikumo with David karedy okay uh and then and so the old mass so says grasshopper. Right, So so Carrotane was a grasshopper going across American West killing people with his hands. But yeah, very good, grasshopper, you got it, Thank you,

thank you. It means a lot now I'm digging through that. So, being a business owner and an investor, we were really looking to invest into. As you said, assets, So obviously businesses are assets and intellectual property in your businesses assets. Um. You've obviously talked a lot about real estate and getting cash flow. Um, what are some other assets that you like? I know recently you started to talk a lot about gold. Um. Well, I started, I started buying. I started in silver in

nineteen sixty four. Reason sixty four is a key date. That was a year they turned. They took the US silver coins, and they did exactly as the Roman the Romans did in the Roman Empire. They based it. They asked nicol and other cheap base medals. That's why it's called base debasing. So all of a sudden, I'm I'm a little kid in seventeen years old. I'm looking at my coins and they got compert tintions wrong, and that

that went into Gresslam's law. And Greslam's law says when fake money enters a system, good money goes into hiding. So I didn't know this. You know, I'm just a little kid in a little town called Heilo, Hawaii. I take my dollar, I go down to the bank and I buy a roll of dimes and stuff like this, and I'd sit there and look for the real silver coins, and I would take them aside and I give the coins back. I give the fake coins back to my banker. It was my neighbor. I have no idea what I

was doing, says, why are you collecting these? Guy says, I'm a coin collector. But what I was doing was saving a a bag full of base medals, dimes, quarters,

half dollars. They were real silver. And today you can buy the bags of that stuff because it's more valuable than the fake silver coins that came out in the sixty four And then that's when in Vietnam, I was flying out there and I went Americ gonna look for gold, and I had no idea what gold looked like because up until seven four, it was illegal for Americans to own gold. So today I save silver, gold, and bitcoin because they're outside the Fed Wall Street and the banking system.

I am an outsider. I am a rebel outside. I refused to get sucked into that swamp. You know. So so so in the in the cash flow quadrant on the investor, you want to be the insider, but when it comes to getting out of the monetary system, you want to be an outsider. Correct. I want to. I want nothing to do with the monetary or the stock market. There's nothing wrong with the stock market. I don't like

to play it because I'm not good at it. I'm taking two companies public, and you know, like they say, once you see sausage being made, you'll never eat the stuff, all right? You ever saw what went into taking a company public through an I p O. I won't touch stocks. It's it's completely manipulated. Okay, I'm a control freak, right, That's why I stay small. I want to. I want to hold onto my goal sover bitcoin. I don't want gold sover ets. Nothing wrong with them, but they're playing

games with them. Sure, and yeah, the golden silver ets are definitely something they're playing games with and you can't trust that they're really backed by gold and those things. What about gold mining stocks which are paper and their stocks, well, like I said, once you see sausage being made, you don't touch it. You know even that? No, no, no, I have. I have a lot of gold mining stocks, I have silver stocks those things. Some of them might buy through ets simply because I'm not good at it.

But I took two companies public, one from Argentina, one from China, and the gold mine in China still in China. They took it from me. Yeah. So when they when they say Chinese steal intellectual property, Chinese still steal anything a little fastwards. Yeah. So, um, so you like gold because it's an it's outside the financial system. And I'm guessing that's because you see the financial system heading towards

ruin uh finance, a final collapse. Um and which if you're in that system and you're going to be affected. And if you're outside the system, that's your life boat. Yeah, I want control of my life. Let me show you another picture here. Okay, this is this is the financial statement I talked about, right, this is poor debt. It's always get a job and get a high paying job, you know, high high paying income here and always safe money. But this was rich do out here. You want assets?

I want to control my assets. I don't. I don't want this to be full of stock sponsor mutual funds and at s. I want assets that I created an eye control. I'm a control figure that way. No, I'm not saying it's the right way or the wrong way. I could have made more money, you know, playing Amazon and all the other stuff. Like I love Apple of Amazon, I just don't like stocks because of two manipulate, I want to manipulated. I don't want that manipulate. I want

to manipulate it. Right. So, and I'm doing really good simply because what's my brand worth? Right? You have a big intellectual property, Yeah, but the brand is beyond anything. That's like, I'm ask you this, how much is the brand Apple worth? How much is Coca Cola worth? Right? And that's what the average person who went to school and got a job doesn't understand as the power of the brand. Hm. And you know, brands are billions of dollars.

And that's actually central to Warren Buffets investing thesis, which is he wants to invest into companies that have what he calls economic goodwill or he wants that brand to be there so they can command an oversized premium in the market without having to continue to invest more money. You got it. And so what happens for these guys here they never learned how to build a brand. You have to cross over onto this side to build a brand.

And because I have a brand, you know, when I announced a book, I sell fifty licenses like in Chinese, Japanese, Filipino, I mean in Spanish, and the money just pours in because I have a brand. All I have to do is that I have a new book and have a new one coming out next year, and I money pours in. But that's because it's a brand. And guess how much money do I put into that book. None, because the publisher, let's say the publisher in China, has to send me

the check and then they send me a royalties. It's called an infinite return. But that's what I was trained to do by my rich dad, whereas my poor dad, you know. And and in today's day and age, it's so much easier. Anybody anywhere in the world that has one of these devices right here can go make millions of dollars. And I'm basically in the same business, if you want to call it publishing business, where I put

out information that gets packaged and sold. And so today you don't need the publisher and you don't need to write the book. You can just start publishing right from here. No. Um, that's and that that's that's what it shocks me. When you know I was talking to this woman, she says, yeah, I met this really nice guy. That's interesting. You know, I go to the Gems that roll Hotta. You know, she was there working out and I said, so you're single and she says, yeah, I just can't find a name. Man.

And I said, Jesus, you know, as hot as you are, and go all over here all they are. But you know, the last guy I talked to you has a master's degrade and it works at Chi Palty and it's it's a lot of was student loan debt. I went, oh my god, Well, I think that really goes back to what your point was in the beginning, which is I don't want to give you the specifics. I want to teach you a new way to think so you can go find your own specifics. Let me let me say

it again. Imagination is infinite, and if it takes knowledge, that's why I think and grow rich and all that. It takes knowledge to process infinity into income. And if you don't have the knowledge because you went to school and you learned to be a beautition or something, you're not going to get there. And the other problem that I have with school is that they take away the imagination. Amen.

And so without the imagination, you need the imagination and the knowledge, as you said, and if you take away the imagination, the knowledge is kind of worthless. Well, it's even worse than that. Mark. Let me. I read the article once. I should have kept it as it said, why economists aren't billing in theresa? You know why they teach scarcity? True Keynes and kens and Malthusian economics is the allocation of scarce resources, but they don't understand that

the mind is infinite. Imagination is infinite. And exactly to sit your iPhone, that was Steve's job's greatest gift to your generation. Right, we're free, but you're still going to school to learn about I don't know what they learned about school today. You know, you can't trigger me if that was safe space, Yeah exactly. That hurts my feelings. So I a should join the Marine Corps. Yeah exactly, quickly. But I don't know what they're teaching us, But they're

teaching them scarcity. Malfusing economics is allocation of scarce space sources. Well, what's not scarce is your your imaginations. And that's a great point and and that you hit on. And it wasn't on my list to talk about but'm such a great point that you talk about, and I look at that wealth is not a zero sum game. A thousand years ago, everybody lived in the dirt. Today, everything that you see around us was created. And there's no end

too how much wealth can be created. Correct, it's infinite. It's just limited by your imagination and your education. And that's why when you go to school, it actually compresses your brain. When they teach your canes in or Malenthusian economics, your host. Yeah, you finish your brain. Your brain, your brain throws up. Like what I al would say is education is the lock. Educations are also the key, but not so. When you go to school, it locks your

brain up. You're over You're over here. Yeah, I'm looking for a job security steady page. I can benefit and over here. If you want it done right, you do it by yourself. I'm over on this side. Now, this is where text comes in. These guys here pay this is all over the world in taxes. They pay sixty in taxes. These guys pay because exactly the same I

provide jobs and over here I pay zero. That's what Trump doesn't pay taxes, right, you know he paid something and the and the communist, socialist, radical left press take off on him, never ask him how do I pay no taxes? Yeah? Yeah, exactly. So, um, you know, so back to building the business, using the money to buy assets, you like, the the hard assets that you can hold control things like that. So I'm really curious. And you've

told us your history with gold, but I'm really curious. Uh, I'm old, but i've been I kind of actually started this channel just to talk about bitcoin. So I wrote a cryptocurrency I wrote a cryptocurrency only research newsletter for four years. I spent in the trenches digging it out before I moved on to broader topics. But um, I'm old, but like I'm still young enough to kind of straddle

that a little bit. You're older. I'm curious to find out what what caught your eye with bitcoin because so many people say, well, if I can't hold it in my hand, it's not tangible, it's not real. But yet you've become a big advocate of it, So maybe you can explain that to us. It's called too much gold and silver. Now, no, you know, I don't know, I don't know what you know. I used to watch Donald, you know, Donald Duck and there was a guy called

Scrooge McDuck. He's sitting on this pile of gold and it's a little boy. I said, you know that's I want to be a Scrooge McDuck on this pile of go It's only one big problem with gold and silver. It's heavy, right, you know? And I have and I don't store it here. I store it overseas and I'm never gonna tell anybody where it's hitting. But you can't run with the damn stuff. It's too heavy. When I was looking at this guy, a little thumb, drivers is

that your Bitcoin account? I said, that's for me, so I can put that thing in my pocket and then I can go anywhere in the world and they can't track me down. Sure you know, I pay my taxes. I'm not an American, I have my passport. I played by all the rules, the differences. I played by these rules here, not their routes. And if you're if your viewers can understand that, by the way, this is book number two. But the real rules are in taxes. That book you show. The real rules are in taxes, because

these guys here don't pay taxes. These guys do, so the social the fascist socialists that we're going to tax the rich. They tax high income people, they don't tax high asset people. Yeah, very big difference. And I think and then one big differentiator that I look at it. I just look at business owners and investors as wealth creators and employees are like wealth takers, right, and so, um, you know I love my employees, got me wrong, But

I do the I do. I have. I have the same talk I'm having with you and your audience right now. Don't be stupid. You know all of them have their own companies, not all of them, but I encourage to have their own companies. I encourage with invest in silver and gold or whatever and bitcoin, and so it's nothing wrong with being an employee the truck. The tough part is their income is text. You know, if you have a job, your your text. And then if you're a doctor,

you pay the highest taxes of all. It doesn't fit my brain system. So what they have to do is figure out the rules, the laws on this side, which is what all my books are on this side. Also the REGs all on this side. And so these guys here can play by their rules, but rama and still keep their jobs here and then go over right here if you don't have to quit your job now. Yesterday I made a video, well, it went live yesterday on on my YouTube channel. I'm talking about how China actually

launched their digital currency. UM. They over the last week they ran a contest and they gave away ten million one UM for to get people to download their digital wallet. And on October twelve, they actually gave out two to the winners if they would download the wall. And so it's it's out in the wild now. I think that the the Fed will have probably one out sometimes maybe the next six to nine months would be my guest, UM, have you been watching this whole shift from the central

banks moving to this digital currency? No, I talked to you guys like you. I talked to you and Gammon and that I talked to the other guy. I talked to this Anthony Pomplano. You know, it's a it's a world I know nothing about. You cannot be an expert at everything, No, you can't. No, So I resally I love YouTube even though like a d platforms all the time whatever, because I think this COVID thing is a

bunch of crap. But anyway, you know, everything is to where I'm a mass Yeah, that's that's called fast, you know, And I'm target market. I'm seven three years all. I've had pneumonia, I've had heart disease. I'm I have everything, and if it's gonna kill me, my problem, not your problem, you know. But anyway, what was I going with all this? But I don't. I can't know everything. So I love YouTube. I just cruise around, you know, I come. That's how I came across you, and that's why I come across

Anthony Pompon and George Gammon. I just love you guys. I sit there and you know, for fifty minutes to an hour is better than going to school. I learned more from you guys, from real life than those bullshit artists in college. Well, and that's actually something I learned from you, which you already just said, which is about having the right advisors. So you talked about having the rich dad advisors. You can't be an expert in everything, so you need to find the experts and work with them.

And that's basically what you're saying right now. Right to do this, I need an accountant, and I need attorneys, and I need the bookkeepers, you know. I need marketing people. I need guys your age and younger, because you cannot know anything to do this. The limit inastions of these guys as they don't think like Vegas guys. So you know, I would say business is a team sport. And that's the difference in school. You know, if I had a team in school, it's called cheating. Yeah, and I cheated

a lot. So I'm curious someone with your perspective on the world. I mean, you've you've lived in a world that was still on a gold standard. Obviously you've seen it go off of it. You bought gold when it was illegal. Uh, You've written books, uh the prophecy um, you know, You've you've written books projecting things that would happen, and so you you really, you really have this perspective

that's unique. And I'm just uh, you already said that you didn't ever imagine they would print as much money as they have. But I'm curious as to someone with your experience and perspective and who's thought a lot about this, how does this end? Well, it depends on how old you are. Okay, for my generation, we're screwed almost have had it, had had it the easiest because you know, we came of age just when Nixon took the dollar off the goal study. I graduate from, you know from

they went to academy. I graduated in sixty nine, and they took the dollar. The goal stenter at seventy one, and we had the biggest boom time in history. Baby boomers had the boom time. But unfortunately, my latest book, I don't know where it is, it's called Who's Told My Pension? And because the pensions couldnot attain seven percent per year. Every pension plan was based upon seven percent

game per year. But when they started printing money and they dropped the interest rates, the pensions couldn't get seven percent. But they know as what you guys know. This is what's happening is my generation is so desperate because they have nothing. They're out of time and they're now looking for higher risk investments in old age. I saw Mr Wonderful what's his name, Evan O. Larry. He's now doing funding startups or something that you have to be an

accredited investor to do that. There's a law against it, you know that ware for the They want to protect you. So if you're not in a credit, you've got to make a think two fifty thousand a year and have three hundred thousand an assets. But people are so desperate they're jumping into investments that you're supposed to have some degree of financial sophistication to get into. This is not going to end well for my generation. Now for generations younger,

like he hold up your iPhone. You have a future and this is the most powerful tool ever created for an entrepreneur. The trouble is do you have the knowledge and information to use this? I don't. I really don't. And that's why I have young guys around me who how to translate this for me. So I don't speak Chinese and I don't speak technology, and you don't even need the knowledge, you just need the imagination. And so what why why I think this? Why? Why I think

this levels the playing field? Is I can now learn anything I want to learn, and meet anyone I want to meet, and do anything I want to do. All right, you've got it. This is this is on the other side of the always say there's three sides to a coin. My head's tail to the edge. On the other side, the people are making us to wear a mask. I call him the fascist Anthony Felci the doct I call him Anthony fascist. You know what I mean, you have

to wear a mask, social distancing. I mean, Biden wants us to everybody to where you'll be arrested if you don't wear a mask. I'm going this is this is fascist. There's a there's a that's still that's the problem because for your generation, your taxes are going to go through the roof. Yeah, we're bankrupt. We are bankrupt, and really we probably were bankrupt in when they couldn't pay the

gold anymore. Right, they had to close the gold window and that was probably the real default um as as far as the mass and the lockdown and all that. The one thing that really bothered well, there's a lot of things that bother me, but I don't want to dive into that conversation. But uh, adding to what we're already talking about, the one thing that does bother me about it is it's a lot of shut up and do what I say. I know it doesn't make any sense,

but don't ask any questions. And what that does is it takes away our ability to think and makes us into robots, which is exactly what you and I are talking about where if you have the imagination, it's it's limitless. But by making me shut up and listen, even though it doesn't make any sense, it takes all that away from us. Well. Worse than that is they instill look by fear. I was like, all h took control, you know, he he just ran by fear. Yeah, exactly. The fascists

are doing the same thing in America. Yeah. Now, um, I guess, um, when when I was talking, when I was thinking about, you know, how things progress at the end, I'm kind of looking at like two different scenarios, and I think probably most people do. We could probably break

them into two buckets. Um. I think, like you know, our buddy Harry Dent, he talks about like this massive deflation right where you know, there's a draw down and then maybe, you know, maybe we go into this kind of stagflation like Japan, And I probably give that the higher probability of an outcome. Um. And then there's another probability that really these mm T guys are pushing where shoot, the government's just gonna print so much money as surprise,

are gonna triple from here. I give that one like a lower probability. Do you see either one of those as being outcomes. Well, they're all possibilities, sure, and we have no there's no limit to human and sanitues to definitely, you know what I mean. And it's a very worried about what those idiots. I was just watching the confirmation hearing the Democratic senators. We're attacking Amy Coney Bryant Parrot. You know that woman could play virgin marriage. She didn't

have kids. Yeah, I mean she's she's how she's almost up for sat good and the Democrats are attacking her and the Democrat from Hawaii she's not even American, she's a naturalized citizen from Japan. And she was accusing Amy, called me Bryant of being a pedophile and a sex trader and all this stuff. I'm going, you know what

happened to us? Right? How can we allow our senators that supposed to be kind of the next to the god, you know in presidency, how can they allow them to to do these things that you know, when Kavanagh got elected or come from they brought that Christine Ford or something and she accused Kavanaugh having sex with her. I mean, this is what this is a Roman circus. This is for Epstein time. You know what I mean, all the young girls out and dance on stage. I'm going Holy mackerel.

But I'll tell you the story is a good one. At the end of the Roman Empire, I think it's Callegnaios under the emperor. He got his horse elected to the Senate. Wow. So I was, I was. I was watching these Democrats and I'm not Republican, a Democrat, but they're just attacking my friend Trump, so that they're attacking Amy Coney and Bryant. And I said, you know, that horse is reincarnated. It's the Senate. We might be better off with a horse than some people that we have.

It's what, Mark, you can't get any worse than this. I don't I don't know. Don't say that. Don't say that they'll break the horse in you mail as well. You know, I saw a news headline this morning from CNN and they said that if if if it weren't for Trump, Barrett would probably have already had seventy votes, meaning she's great, but because Trump likes her there purposely that was per CNN. They said that, so h well,

look at the World Health Organization. They finally said this lockdowns are killing more people than that's saying, yeah, you know, and people assigned this wearing a mask was a joke. But the fascist and a fascist is somebody's gonna tell you how to run your life. And and that's a great point. And and the problem that we have today is straight out of George Roy book where it's like this double speak. So they're calling people fascists, but they're

the ones that are fascist. They're saying we're against racism, but they're the ones that are racist. Like everything is backwards today. Ye. So um, so we'll we'll we're kind of getting to the end here and we'll wrap it up. I kind of want to maybe just ask one more question, um, and that is, um, we don't know what's gonna happen. Mean, potentially we have this deflation like Harry Dent talks about. Possibly we see stuff going to the moon like M. M.

T talks about, which would destroy the currency. And maybe there's even a chance that gold becomes revalued like Jim Records talks about. So there's different scenarios, right, and we don't have control over that, and so we have to just set ourselves up to be quick and nimble and be able to prosper no matter what happens. And so a lot of that's done through like acid allocation. Um, how do you think about like acid allocation and diversification. Is it just like business and cash flow and that's

it or do you go a little bit deeper. That's that's a tough question because, like I said, I had a different game plan. You know, when when you when you when you look here, my goal was to build a brand, right, That's what That's what entrepreneurs to And these guys here that's small and that's fine. They can do just as well financially, but they don't necessarily build a brand. So it really depends upon what you want from your life here. So you know, like Steve Jobs

built Apple, the most profitable company in world history. Basil's built Amazon, one of those things where some guy built Coca Cola. Hmm, you know, I mean I was, you know, I wear I wear this watch has a panorai I buy the brand. So brands communicate and if you have the wherewithal to build a brand, you're golden. Yeah, you know, because the thing I'm happy about, like with me, I don't I don't sell very often. I just signed a real estate lace for a hundred years. Now, Am I

going to be around another hundred years? No? But my assets will go into the future. That's why I don't sell all my goals sover and all that will be a package and transported into the future via some kind of public child will remainder trust, so that for ever what I build today will benefit the future. How long do you think? So everybody thinks differently. If you can't pay the rent today, you can't think about the future. You gotta think about your rent. Speaking about that, you

know those forbearances. I think there's six thousand mortgages or six million mortgages in for some ungodly number. And forbearance. People don't know what the word forbearance means. Forbearance means they have to rewrite the mortgage. Now a person lost their job, they're gonna lose the mortgage. Right, we have no idea what's coming. So those are the uncertainties. But that's why I say gold, silver, bitcoin because gold and silver are God's money. They've been here since Earth was formed.

And I like bitcoin because it's people's money. It's outside control of the central banking communist republic system. Yeah, good, all right, Well, will end it with that. I do want to just say one thing, Um, you said that when I asked you the question about how to protect yourself, you said that it depends on what you want, And so I just want to kind of leave it with this final thought, where um you know, um, people ask you all the time could you be more specific? And

they asked me the same thing. And we've talked about why we like to talk about more broader topics. And I get asked all the time like what should I invest into? Or I have ten thousand dollars? What should I do? And the problem is that shows that you don't know what you want, and so you need to take a step back and figure out what is it that I'm trying to do? What do? What do I want? And then you need to make a specific plan for yourself,

not based off of what someone else is doing. Right God, you know, like it's like I am a US Marine and I went to military school. I'm a rain I'm trained to handle guns. I'm always armed. You know, I live in Arizona because it's legal to be concealed, and if I can go concealed here now for Californian's that's I'm a criminal because I'm armed, But in Arizona that's smart. I'd rather be armed in Arizona than unarmed in California. But people don't think of those things, you know. And

the other thing is I'm trained to use guns. Yeah, those people are buying guns shooting paper targets. I'm gonna give those guys a wide berth because they're far dangerous to themselves than anybody else. The other thing, too, is we're out of ammunition. Years ago, I bought pallets of ammunition. One of the best investments I've ever made. I was paying three cents around three cents around for six or two to three. It's sixties sixty seventy cents right now

if you could buy it. I made a fortune off of bullets. Now, every liberal pink called liberal communists will go, oh, you're you're you're you want to kill people. I said, well, i'd be kind of exciting, you know, lay, I've already done that job. But I'm a marine. I'm prepared for it. If not prepared for it, don't buy a gun and and be prepared for your financial future as well. Um, So we'll go ahead and I wrap it up. With that. Now, you did say there's a new book coming out. Do

you want to talk about that? When? When people should expect that? Yeah, there's two books in the pipeline. One is called an Infinite Returns. We're gonna talked about it. Imagination is more important than knowledge, Einstein. Your image, your imagination is unlimited, it's infinite. But what is limited is your knowledge. And so why people tune into Mark Moss is they want knowledge. The only limitation is knowledge, which you don't get in school. So that's called Infinite Returns.

And then the second book as a guy named Jim records. He's a good friend of mine, and we always forecast the future. So we're coming out with a book called The Ravens also, and it's about how how you prognosticate, prognosticated, how do you study the past to see the future. Great, it's called The Ravens. And just coincidentally, come to my house in Arizona. There's two ravens. I've been sitting there for twenty five years on the on the ass. That's

my only statute of these two ravens. And ravens and Greek mythology where God's a prophets right, they can so so records that I had next book, it's a long I was saying, it is, how do you protect the future? So both those books will look for next year. Yea, all right, Well, Robert, it was an honor to have you. Uh. Like I said, I was had so many questions to ask. I'm glad we got through most of those. I appreciate you taking the time to come speak to us today. Mark,

you do a great job. You're a credible, prodible teacher, and there's a lot of guys on YouTube, you know, who are not, so I commend you. Thank you so much, Robert. Well, we'll see you soon, ye Nectarsferd of