Sunday, March 6, 2011

Robert Kiyosaki : since 1971 Cash is Trash

Robert Kiyosaki : ....It's kind of a strange thought, because I want to take that cash and move it into something tangible, like an investment in my company, an investment in real estate, or an investment in a good-performing stock or something. I want something that goes up in value, not something that's going to trash in value. And this cash is trash idea is a new idea, because it only started in 1971 when President Nixon took us off the silver certificate. Basically, our dollar went from an instrument as an asset to an instrument of debt. And so in 1971, all the rules changed on money and most people don't know about it, because our school systems never talked to us about it......

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