How inflation affects the economy - Robert Kiyosaki, Lynette Zang

In this episode, host Robert Kiyosaki welcomes Lynette Zang, a renowned expert in precious metals and a keen observer of currency lifecycles, to explore the intricate world of money, and how the economy is affected by the economy. This episode offers a deep dive into the mechanisms that drive the financial world and strategies for preserving wealth.
Robert Kiyosaki, best known for his groundbreaking book "Rich Dad Poor Dad," sets the stage for an enlightening discussion, where Lynette Zang brings her extensive knowledge to the forefront. The conversation begins with an explanation of currency lifecycles, a concept that Zang parallels with the stages of human life, providing an intuitive understanding of how currencies evolve and depreciate over time.
Zang elaborates on the phenomenon of hyperinflation, a critical topic given the current global economic climate. She illustrates how hyperinflation impacts economies, individuals, and the value of money. This part of the discussion is particularly insightful for viewers seeking to understand the broader economic forces that can affect their financial well-being.
The focus then shifts to the realm of numismatic coins. Zang, with her expertise, sheds light on how these coins play a unique role in wealth preservation. This segment is an eye-opener for collectors and investors alike, highlighting the significance of numismatics in the context of financial security and asset diversification.
Kiyosaki and Zang discuss why these precious metals are considered 'real money' and how they can protect against the devaluation of fiat currencies. This segment is particularly valuable for viewers interested in alternative investment strategies and the historical role of precious metals in the economy.
In her practical approach, Zang offers actionable advice on financial preparedness. She emphasizes the importance of diversifying one’s portfolio beyond traditional stocks and bonds, giving practical tips that viewers can apply to their financial planning.
The episode also covers the role of central banks and governments in currency valuation, providing insights into the actions and policies that shape the global financial landscape. The future of the US dollar is critically examined in light of global economic changes, offering predictions and analyses that are crucial for anyone concerned about the stability of their currency.
Towards the end, Zang shares her personal financial strategies, including the intriguing concept of a 'bug out house,' a reflection of her comprehensive approach to financial security and preparedness.
00:00: Introduction
01:20: Currency Lifecycle - Explaining currency life cycles
05:50: Hyperinflation and its Impact - Discussion on hyperinflation
09:30: Numismatic Coins - Insights on numismatic coins
14:10: Gold and Silver - The importance of gold and silver
18:50: Financial Preparedness - Tips for financial security
23:30: Role of Central Banks and Governments
28:40: Future of the Dollar
33:20: Lynette Zang's financial strategies
For more invaluable insights and resources, visit www.richdad.com, and don't forget to subscribe to our channel for the latest updates on financial education and wealth-building strategies.
Facebook: @RobertKiyosaki
/ robertkiyosaki
Twitter: @TheRealKiyosaki
/ therealkiyosaki
Instagram: @TheRealKiyosaki
/ therealkiyosaki
-----
Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

[@austinbar]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[@rogerwheelers4322]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@joshbarney114]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@FabioOdelega876]

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@joshbarney114]

Finding financial advisors like Natalie Noel Burns who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@FabioOdelega876]

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Natalie Noel Burns up and send her a message. You've truly motivated me. God's blessings on you.

[@ejh_x2]

"Americans are highly educated but super poor people" well said.. In scripture it says "My people die from a lack of knowledge" we have been robbed of the truth for so many years. Thanks for spreading your wisdom Robert.. for so many years -Erik

[@DAMON409]

Highly educated? 😅😅

[@7.7.7.08]

God bless both of you Robert and Lynette for All you do giving people hope Thank you 🙏❤

[@sarahfletcher01]

Robert Kiyosaki is amazing. To attain wealth 2024, do this.

[@sarahfletcher01]

Making money is action, keeping money is behavior and Growing money is knowIedge.

[@sarahfletcher01]

Failure to take good actions on your finance, lncome will remain stabIe while expenditures rise. The rich acquire fortune cause they seek the aid of finance-pro(s) to achieve their goaIs

[@sarahfletcher01]

I obtained massive growth in my finance (amount is confidentiaI) by varying into a lot with the aid of my finance pro. hereby making my financiaI goaIs a reaIity.

[@sarahfletcher01]

sear ch the name below, lf you care.

[@sarahfletcher01]

*Rebecca Martin Watson*

[@MorganTony]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

[@MorganTony]

Sincerely speaking. I will continue to trade and stick to expert ca therine daily signals and guides as long as it works well for me.

[@user-fn1kg6tx9l]

*_I'm new at this, please how can I reach her?"_*

[@MorganTony]

she's mostly on Telegrams, using the user name. ....

[@MorganTony]

@Catherine79a

[@chinyerejoseph8004]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@LennyTim]

Paid $7.49 for a 3-pack of Scotch-Brite dish sponges today. It's insane. Prices are up wayyyyy more than claimed. At least 2-3 times on many things over the past 3 years. Now I'm trying to make money on KZbin and starting several businesses to cover these horrendous expenses.

[@adrianjos04]

Same here in Australia.......the average prices of everyday costs has increased almost triple since 2020 .

[@passionprevailsentertainment]

It all started with Bidens green new scam. Vote trump

[@erinsweet8147]

We are a single income family of 5. The inflation is real, it doesn’t go away and keeps going up. Going to the grocery store is rough every week.

[@passionprevailsentertainment]

Vote for Trump

[@erinsweet8147]

@@passionprevailsentertainment I did last time and I’ll do it again!! 🇺🇸

[@campbellfalls7430]

The wise will listen and learn, while the foolish will laugh and scoff at wisdom.

[@jbrandonporter]

I love that Lynette used George Gammon's "Cerveza" usage!

[@danilara9611]

I love this podcast. Thank you Robert for giving me history lessons on what was happening finacially before I was born. It really helps to see the patterns. Thanks for having Lynette, I've seen her before, and I believe she is spot on. Thanks for all you do!

[@JWFitness1]

Once upon A time, you could buy real estate and other valuable items with that Zimbabwe dollar. Can't do that anymore. That's what will happen to the US dollar, but most people haven't figured that out yet. Use your dollars wisely now while you still have the chance

[@korgond]

Great show Robert. Thank you.

[@lizachat2608]

This was phenomenal and You Two should be a regular item together!!!!!! Because you both bring age wisdom prepping investment and no-holds bar attitude to teach the rest of us absolute economic truth.🎉🎉🎉🎉🎉🎉🎉

[@toddcofer6491]

Lynette thank you for bringing up uncle al my kind of guy.

[@tipusultan531]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[@mariabrandon-6064]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@crickethighlights6453]

This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

[@JoseLuis-zn5tb]

Please will you be kind enough to share the details of the man that helped you?

[@crickethighlights6453]

There are many financial coaches who excel in their profession, but for the time being, I employ Mary Kaliope Braun because I adore her methods. You can make research and find out more.

[@JoseLuis-zn5tb]

Thank you for sharing. it was easy to find her, then I scheduled a phone call with her. She seems proficient considering her résumé.

[@bduncan9724]

Thank you both for trying to un brain wash the masses. I try and share this knowledge with as many people that will listen. Most think I'm nuts and have no idea how the monetary system works.

[@mikeoz4803]

My local village gypsy could would should make better predictions

[@Ramundo23]

Since I learned about you both, I've always listened to both of your shows. Different perspectives, and much knowledge for food for thought.

[@Riggsnic_co]

With Market tumbling, Inflation Soaring, Is the stock market actually getting better or could this be the regular new year market manipulation to entice new investors? I'm currently sitting on $500k inheritance and just wondering what better assets than stocks to invest in right now

[@martingiavarini]

You need a certified financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment

[@bob.weaver72]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

[@TheJackCain-84]

I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@bob.weaver72]

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@TheJackCain-84]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@jordanweb96]

What do you guys think about hoarding nickels since they are at/barely above face value and copper/nickel demand will rise over the next decade or more and with the likelihood that we will adopt a total digital currency getting rid of coins eventually as money.

[@shnmubalu7266]

Im 16yer old.sitting In my room n learning about money, from you(rich dad). Well im from Malaysia 🇲🇾 -also not interested in believing that tradisional education system. Its just not for me. So what do you have to say to me n what should be my next move....

[@JJ-jn7ei]

Ms Zang & Robert! Oh my ❤❤❤

[@peterlam592]

Thank you,Thank you,Thank you for your book it changed my life to open my own business.

[@andonibrun6977]

Thanks and god bless for Robert and Lynette. This Rich Dad Radio Program of today is very invaluable and powerful for build our most important asset that we have: Our brain.

[@ronnymehes8712]

I❤Gold and Silver Grüße aus Ostdeutschland Robert you are the best. 👍👍👍

[@pinokunschner7180]

Grüße aus Bayern ❤

[@sommersalt88]

I recently sold off a good percentage my stock holdings totaling about $400k, with roughly half of them being tech stocks at their peak. If inflation is a possibility, should I buy ETFs or hold out for a market correction?

[@gagnepaingilly]

you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment

[@Lewyn298]

Agreed, After taking charge of my portfolio in early 2017, i stumbled into losses. Upon realizing that a change was necessary, I consulted a fiduciary advisor in 2020 and since then my $1.2m portfolio has gained 28% annually through restructuring and diversification using dividend equities, ETFs, mutual funds, and REITs.

[@Lewyn298]

Jessica Annabelle Rupp is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

[@jimwidener6774]

Great show.

[@jamesapplegate3370]

Sometimes we have to understand were we are in our journey other times we must know when to go back to the drawing board do I need to build for personal or am I building for something else personally I can't afford it categorize the teachings to use the techniques I've done the impossible with this programming thank you 🎉

[@ivetareid8698]

I am glad to see you. Thank you lady

[@TonyVega42]

Why has Lynette left ITM Trading? Why the sudden departure?

[@Mark-pb8kj]

(my opinion) Sounds like she gave up hope on others. I don't blame her. people are and will be clueless until the bitter end.

[@iankingston480]

Enjoyed thw show!

[@paulmorris9958]

Lynette is the truth This podcasts is legendary with these 2 I’m surprised this didn’t happen sooner

[@CatherineWilson8]

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

[@suzannehenderson5]

Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.

[@ritalorrigan]

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

[@KevinClarke9]

One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with?

[@ritalorrigan]

Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@KevinClarke9]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@gohstkilla5160]

The premium price on gold absolutely ridiculous

[@khurram4589]

Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult!

[@heidigib01]

But where is Lynette? She’s gone from itm? We need her wisdom and guidance.

[@unitedstreetzassociation]

Thanks You, Appreciation 💯💯

[@AMERICANDREAMER2045]

What should we do instead of saving dollars?

[@DanXRP]

Great video Mr.kiyosaki.

[@CT-ig2oz]

Thanks both of your education which woke me up in deep sleeping

[@user-bp6fd9ve3o]

For me, it's living in the peoples Republic of Canada

[@mytrigger5613]

So, what about if you set up some put options aimed at low risk high reward a year out from expiration aimed at a 30-35% pullback target, sooner the pullback higher the reward, i mean, while the dollar is certainly failing and quickly, it does not typically happen over night or does it? Honestly i don't know but i feel like it does though i have 40k i'm protecting pretty hard and i'm not afraid to pull it and convert is as needed but my father who has a hell of a lot more to lose by getting this wrong won't even have to conversation with me, he's a retired accounting teacher, and i have been sounding the bell for awhile but had i listened to him, i would have 500k right now, but i have responded to these warning videos . What i'm afraid of is that with all this money printing though it's not going to the people, naturally some is and so where will people put all this cash if not the stock market, so why wouldn't there be a huge melt up before a drop?

[@Chayliss]

Look who's money went up and what they do. It's top heavy so..

[@issenvan1050]

Interview Steve Hanke to learn about inflation!

[@sanjitanandasanjitananda8955]

what exactly was mentioned regarding numismatic coins?

[@mrg7407]

numismatic coins were held by people "In The Know" in Government and Banking. Then The Confiscation began and the Common Folk were Screweddd . So The "Elite" write "The Laws" to Protect Themselves. That is the point But in the end it is up to you as to how you decide to prepare

[@relexelumna5360]

I agree Gold and silver can save you from inflation. Their value hardly drops. Thank y6

[@ivetareid8698]

I am glad Robert Kyosaki. You are smiling 😊

[@danielj3010]

Two Legends!

[@user-bc7fx7oe5g]

Ilove Robert kiyosaki ❤😂

[@Chayliss]

12:55 Inflation from printing money till the supply was doubled. How is supply redeuced? Seems the supply is how much securities the f3d holds. So can they be forced to sell? To whom?

[@verbalasswhooping]

Zang Gang!

[@HUMBLEFXTRADER-123]

Where can I buy silver

[@07blackdog]

I buy from SD Bullion.

[@erinsweet8147]

I got some gold from JM Bullion. Faster shipping, they have great prices and everything is online.

[@randysleek3680]

I buy mine fron Libertycoin on Ebay...

[@dreworecchio81]

What can we regular people do with this information? Please give us the point.

[@-doctor_ji]

Buy physical silver gold

[@kathleenmckenna8578]

If I buy a 1oz gold coin, what if I need the money! Who do I sell it to, my local coin store the owner is really mean and probably wouldnt give me what it is worth. What do you do?

[@-doctor_ji]

@@kathleenmckenna8578 you must Google "sell gold coin near me" then check out all the options available. You will see multiple businesses who would be willing to buy it.

[@rodgerdodgerlowe1838]

Talk about buying whole life insurance policies and any value in that.

[@natefreeman1466]

There is no value in that

[@ebonylo.]

Hell no

[@nova1969ck]

Great video. Thank you

[@ddprepper5227]

Excellent report 👍👍👍👍👍👍👍👍👍💯

[@Growth_Stock_Life]

Good luck being in an interview with this guy without being interrupted mid sentence for a ramble or a war story.

[@eycediggi6787]

Love Lynette ✨

[@monicamarino2122]

Why are the neumatic coins not 999 fine ? And bullion is ?

[@peterrodriguez3609]

Numismatic coins were made for circulation. For example, numismatic gold coins have other metals like copper to add strength to it, pure gold is very soft, and wouldn't hold up to changing a thousand hands without wearing down.

[@Mark-pb8kj]

if you paying more than 20$ over melt you getting ripped.

[@LaurentziueXtream]

I don’t understand ! I buyed gold! Now what do i do with it???

[@danielatkinson5976]

Save it for retirement.

[@jayweshgour8168]

Sir which Assets can beat Inflation Except Gold,silver, Commodity please let me

[@mlmov3417]

BTC

[@user-ff8do2lg9c]

i get this chance to say big thanks for all lesion you put om you tube

[@marcodelport1644]

I currently stay in South Africa and want to start buying gold and silver. Can you recommend ways of doing this? Would buying gold coins in Zimbabwe be just as good?

[@user-iv7id1uk8m]

Great to see robert and lynette together so good you equally hate thr dollar been watching and listen to both of you thank you for the knowledge

[@devanshsingh2458]

18:00

[@XRPBritishBull]

Great show as always.

[@economy101]

Great video!!

[@Trapster99]

It is coming, and it will be a Hell on Earth

[@suewills3514]

THE COMMON PERSON CAN NOT BY GOLD.

[@daviddavis2894]

18:27 is this Mitch McConnell-ing

[@ivetareid8698]

For example I will buy cold, silver from Robert Kiyosaki and I will send again back to Robert Kiyosaki, thanks😊

[@MpumeleloNcwana-xi7mw]

Lets go🎉

[@ericjames9383]

Too many commercials to listen.

[@jordyhumby]

Just like the quote of Thomas Jefferson about inflation and deflation

[@inkfornowremovabletattoosb8352]

Talk about Quantum digital.

[@arrowtw228]

An absolute joy to watch both of you. Fabulously presented, concise, to the point on the life cycle about the end of the fiat ponzi debt based paper scheme doomed to collapse like a house of cards. Gold and silver, buy as much as you can, save yourself.

[@reynaldobeato9306]

Because others do things differently, that doesn't make them stupid...😮 Great ideas....

[@colleenallen3382]

Robert, if you have any information as to why Lynette left ITM trading, please let us know. She was the face of that company and we, as the audience have great faith in her. We are very saddened that she left and no longer on the air at ITM. I, frankly, do not understand why she did not tell us she was leaving and give us a good- bye video. This certainly does not pass the smell test it.

[@johnbethea4505]

Some Confederate money is still worth more than the dollar...

[@lubosimaboshe]

Awesome show

[@fondofthebonds4914]

Didn’t know Roseanne gave financial advice

[@yaxyecali5232]

What is inflation

[@johnnytang1]

The 2 legends

[@coryhilleboe6938]

Trusting government means walk off the edge of the cliff - LSD

[@edo4713]

So I hope you guys realize Robert has real assets where his businesses have negative equity and massive amounts of liabilities. He takes cash value off the business and buys out right assets under his name as a profit share return. If your an employee his design will not work for you.

[@DrMomCEO]

But if you're smart you will invest your leftover money at the end of the month in silver dimes and quarters!

[@fruityboy6885]

And that in a nutshell is why they don't teach finance at schools.

[@armando1431]

What is a good site you can buy silver on line?

[@joeysilva3808]

Walmart you can buy from or SD bullion both good

[@willmart6397]

I love both of these guys and of course i love gold and silver. There should be a focus on where do you sell when you need to liquidate. Im almost done reading poor dad rich dad. Do yourself a favor and read that book

[@JavierRamos-gl9wp]

Gold, silver, and Bitcoin serve as valuable hedges against inflation. They offer stability and scarcity, making them attractive alternatives to fiat currencies during economic turbulence.

[@RICHIELUXURY]

GOLD

[@ivetareid8698]

Yes, of course. I have to go.

[@alan30189]

So, what happened to Lynette after she left ATM Trading?

[@solangeamos7172]

I have almost zero in debt (yay) but also zero in assets. I have 500 to invest. What would you do with it?

[@Scuba-D]

Nobody went door to door to confiscate gold. People turned it in

[@DionTalkFinancialFreedom]

I use inflation to get rich.

[@ikhwanulfikribest]

Robert thinks it's amazing. gold never changes...

[@gohstkilla5160]

Are you going to sell your gold at spot

[@Radio280]

Imagine the income tax all gold bugs will pay, if they buy on 2K and sell on 10K

[@knyansa1569]

Robert I will love to learn more about how you get into ownership of oil rigs and mining ores business. I am trying to be like you

[@mr.m4n446]

I had a similar experience to Lynette's. The Father of a childhood friend worked in the Gold Mining Industry. One day my friend wanted to show me something and it was his parents' bedroom, I was hesitant as I followed him. He pointed out the two safes in the master closet which were opened but not fully. When he opened wide the doors and I saw what was in the safe, my jaw dropped. There were 3 Gold Pans filled with nuggets, and they were organized, small, medium and large, talk about an awakening.

[@ml-mw7ms]

I feel like Robert trying to do the same with my relatives. So frustrated.

[@OliverDliam]

To my understanding Success depends on the right actions and steps you take to achieve it. And taking the right opportunity. Real estate or crypto?

[@masumkhan4040]

Using debt instead of cash is only limited to countries where the lending rates are cheap as chips. Here in Bangladesh, the lending rates are North of 15%.