Chapter
The Dangers Of Believing That Money Is Real
24:43 - 28:15 (03:31)
The podcast discusses how the gold standard conspiracy theorizing in the 50s predicted that tying the dollar to gold would lead to the decline of the American economy. The discussion emphasizes how people's belief in the reality of money could ruin their lives as they fail to take charge of their own financial future.
Clips
The author talks about how ignorance about money often leads to chasing paychecks and fear.
24:43 - 25:50 (01:06)
Summary
The author talks about how ignorance about money often leads to chasing paychecks and fear. Greed and fear are intensified when one is ignorant about money.
ChapterThe Dangers Of Believing That Money Is Real
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The Rich Dad in Robert Kiyosaki's books promoted a gold standard conspiracy theory in the 50s, claiming the decline of the American economy started with the end of the gold standard.
25:50 - 28:15 (02:24)
Summary
The Rich Dad in Robert Kiyosaki's books promoted a gold standard conspiracy theory in the 50s, claiming the decline of the American economy started with the end of the gold standard. He believed the poor, middle class, and ignorant would suffer because they believe money is real and that their employer or government will provide for them.