Best of Robert Kiyosaki: Why the Dollar Is Dying and What Comes Next

The US dollar is dying due to excessive money printing and fake assets, necessitating a shift towards real assets like gold and silver for wealth preservation amidst impending economic collapse and societal changes.

• The US dollar is losing value rapidly due to excessive money printing and is considered 'fake money.'

• Traditional pensions and savings in fiat currency are unsafe; real assets like gold and silver offer better protection.

• Demographics and AI are driving significant economic and societal changes, making self-education and investing in real assets crucial.

Robert Kiyosaki and his guests argue that America's reliance on 'fake money' and the constant printing of trillions of dollars are destroying the value of the dollar, making traditional savings and pensions unsafe. They predict a 'greater depression' and advocate for investing in real assets like gold and silver, which they consider safer than the depreciating fiat currency. Furthermore, they highlight the disruptive potential of AI and the importance of self-education over traditional schooling, which they believe propagates outdated financial advice.

Fake Money and Dying Dollar

• 00:00:25 America's number one export is 'fake money,' with trillions of dollars being printed every 90 days. Financial planners and pension funds, like those of teachers and teamsters, are criticized for lying to people by claiming bonds are safe, despite the inherent risk of a depreciating dollar. This economic deception, exacerbated by 'Stein's Law' (what will come to an end, will come to an end), is expected to lead to financial ruin for generations who trusted these systems.

AI, Education, and Economic Collapse

• 00:02:11 Artificial intelligence (AI) is rapidly making professions like attorneys and accountants obsolete, challenging the traditional educational path of 'go to school, get a job, work hard, save money.' This shift underscores the inadequacy of conventional education and the impending 'greater depression,' predicted to be longer and more severe than the 1929-1946 period. The dollar's real value is depreciating by 5-10% annually, making saving in fiat currency a losing strategy.

Demographics and Global Economy

• 00:16:04 Harry Dent, a demographer, explains that predictable consumer spending patterns based on age are a key indicator of future economic booms and busts. He notes that while the US and Northern Europe have better demographics due to immigration, East Asia, including Japan and Korea, faces the worst demographics as affluence leads to significantly fewer births. This demographic shift globally means profound changes for the world economy, with the US potentially facing similar challenges as Japan and Germany due to changing population structures.

Investing in Real Assets

• 00:29:15 Gold and silver are presented as essential real assets for wealth preservation in a world of 'fake money,' with gold up 9% compounded over 25 years. Rick Rule emphasizes that gold's universal appeal as a store of value makes it critical for those who want to avoid 'getting poor slowly.' While gold leads precious metals bull markets, silver and then mining stocks tend to follow, offering higher potential returns but also greater risk and volatility, particularly for those willing to be aggressive and work hard.