Podknife - The Day Capitalism Died by Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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The Day Capitalism Died

Podcast |: Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
Publisher |: The Rich Dad Radio Network
Media Type |: audio
Podknife tags |: Business,; Investing,; Personal Finance
Categories Via RSS |: Business,; Education,; Investing
Publication Date |: Aug 25, 2021
Episode Duration |: 00:44:45

A follow-up to the episode celebrating the 50th Anniversary of the day Nixon took the dollar off the gold standard, guest George Gammon is in the studio to discuss how creating unlimited amounts of money has created “monetary heroin.”George Gammon, a former entrepreneur, turned investor, and host of The Rebel Capitalist Show, says, “The Fed is buying $120 billion a month in treasuries and mortgage-backed securities creating basically quantitative easing, and they haven’t been able to stop. If our economy was healthy, they wouldn’t need to do $120 billion a month in quantitative easing.”Hosts Robert and Kim Kiyosaki and guest George Gammon discuss how the national addiction to debt could eventually end in hyperinflation, and the three things you should be investing in to prepare for a crash. Learn more about your ad choices. Visit megaphone.fm/adchoices

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