The Impact of Central Bank Digital Currencies - Robert Kiyosaki, George Gammon

In a powerful episode of the Rich Dad Radio Show, Robert Kiyosaki teams up with financial expert George Gammon to tackle the urgent issues facing our global economy, with a special focus on the rising threat of central bank digital currencies (CBDCs). This episode is a must-listen for anyone concerned about the future of money, privacy, and financial freedom.
This episode is crucial for anyone looking to safeguard their financial future in an increasingly uncertain world. Kiyosaki and Gammon provide actionable insights into how to prepare for the looming financial challenges by understanding the hidden forces at play in the global economy. Their discussion offers valuable wisdom on protecting your assets and making informed investment decisions during turbulent times.
Understanding the Crisis: The Future of Money and Privacy
Robert Kiyosaki kicks off the episode by emphasizing the crucial need to understand the concepts of money and privacy in today's volatile financial environment. The discussion centers around the dangers posed by CBDCs like the Fed coin, Bitcoin, and other emerging cryptocurrencies. Kiyosaki warns of an Orwellian future where central banks, through digital currencies, could erode individual privacy and financial freedom. *"What 1984 is to Big Brother is watching, the big concern with Fed now or the Fed coin, central bank digital currency (CBDC), is that we lose our privacy,"* he cautions.
The Control of Money: A Hidden Power Structure
George Gammon delves into the often-overlooked power held by banks, particularly those outside the U.S., in controlling the global money supply. He explains that 95% of the dollars circulating today are not physical currency but digital credits created by banks. This digital money system, known as the Eurodollar system, plays a critical role in the global financial landscape, far beyond what most people realize.
Privacy Concerns and Orwellian Implications
The conversation turns to the significant privacy concerns associated with CBDCs. Gammon explains how these digital currencies could centralize power in the hands of institutions like the Federal Reserve, moving individual account balances from commercial banks to central banks. This shift, he argues, represents a serious threat to personal privacy and freedom, paving the way for unprecedented financial surveillance.
The Silicon Valley Bank Crisis and Economic Warnings
Kiyosaki and Gammon discuss the Silicon Valley Bank crisis as a symptom of deeper economic issues. They draw parallels between the inverted yield curve-a key economic indicator where short-term interest rates exceed long-term rates-and the early warning signs of a financial tsunami. *"If short-term interest rates are higher than long-term rates, it’s like a tsunami warning signaling that bad economic weather is coming,"* Gammon explains.
The Fed’s Actions and Preparing for a Financial Tsunami
The episode also explores the Federal Reserve's actions, including the potential dropping of interest rates, often referred to as the Fed pivot. While such moves might seem positive on the surface, Gammon and Kiyosaki argue that they often precede larger financial breakdowns. Gammon advises listeners to maintain a strong cash position, hold assets like gold and short-term Treasury bonds, and be prepared to seize opportunities when the crisis hits.
00:00 Introduction
01:39 Understanding the Banking System and Its Risks
03:40 The Orwellian Implications of CBDCs
08:15 The Role of the FDIC and Moral Hazards
10:24 Global Financial Instability and the BRICS Nations
13:06 The Tsunami Analogy: Predicting Financial Crises
30:44 Preparing for Financial Turmoil
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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.

[@lubosimaboshe]

Wow Robert knows how to explain the bank system . Awesome video

[@nicolasbenson009]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

[@BridgetMiller-]

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.

[@tatianastarcic]

I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.

[@berniceburgos-]

Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.

[@tatianastarcic]

Finding financial advisors like Melissa Terri Swayne 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.

[@Michaelparker12]

Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.

[@adam3us]

Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Francine Duguay in few weeks, this is one of the best medium to backup your assets incase it goes bearish.

[@adam3us]

Francine Duguay program is widely available online.

[@Judah4Rhodie]

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

[@leeleeaal]

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

[@KindraVillalta]

It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.

[@SimonRee454]

What I appreciate about Francine Duguay. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly...........

[@MichaelMooney-ci4cc]

So how to prepare?? Food and silver? Short term Treasury?

[@BlackSwanCapitalist]

That's why the central banks are pushing for commercial Banks to adopt cbdcs, I covered this immensely and in detail on my channel.

[@Josephbasta827]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.

[@Rodriguezpaul-9]

I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

[@Nguyenvictory83]

The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

[@Jessecote875]

Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

[@Brucelanham845]

I'm new at this, please how can I reach her?

[@Charlottehornets4]

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

[@sciencelabvideosl7558]

Robert or George please interview Mitchell Vexler from Dallas and Jeff Mashburn whistleblower from Texas. They talked about school districts in Texas and other states investing in worthless solar farms . They came out on Real Estate Mindset show today and I think your interviewing skills and commentary would add value as well.

[@barbaraherda9212]

Brilliant discussion 🙏🏽🙏🏽💪🏽👍🏾💃🏽🔥

[@jacobvanveit3437]

Well, ok, I have 1 question: Why does the “tsunami” hit after the yield curve corrects? Why 9/10 was there a recession each time the yield curve recorrected so as the 2 year was lower than the 10 year?

[@margaretoberg2739]

Thank you so much great from Germany 🇩🇪 ❤

[@garlickebagg]

Can you eat your crypto? Study your History.

[@FitwSandyy]

I love you Robert but please try to not interrupt everyone that comes in your show !

[@fatfatthewaterrat5010]

Like I’ve said many times in the past….. George Gammon is the new Kiyosali. Listen at your own peril

[@ShahidShahid-eq6ul]

I am your fan robert sir 👍👍👍

[@jondunn1980]

Great show 👏🏼

[@michaelmorris3459]

what I'm getting confused about is don't we buy bitcoin with the dollar?

[@goodcatfilms4276]

I think governments may start to use Bitcoin as a currency

[@shinjikawaguchi4561]

if we go back to the past, we used to buy salt with foods, then salts are heavy we made a bank and started to exchanged other profitable product into gold, silver and copper (i just skipped history here). so gold is our main money for a long time until the time comes where 1 kilo of gold is too heavy, our goverment created paper bill which we bought using gold. so now the dollar you are talking about is used to buy Bitcoin, nothing really been change except that dollar is a printed money which means infinitely increasing unlike gold and bitcoin.

[@DanXRP]

Great video Mr.kiyosaki.

[@terezadasilva2745]

George and Robert❤

[@restoretransform4813]

So, if we cannot trust the FDIC, can we trust the NCUA instead (Credit Unions)..? Or neither one and we are back to stuffing cash under our mattress and having just enough in a bank to pay our bills online?

[@user-cu5ei6zt2n]

When was this episode filmed?

[@silver-en7kl]

This George gammon guy said gold and silver are pointless. I heard him. It was on a Canadian prepper interview.

[@vermeerrecpt9290]

Great Stuff.

[@rv3483]

Robert you do a great job explaining things. Love that you keep it simple.

[@SagaraUrz]

For CBDC to succeed, stores need to ask for your bio-metrical data before buying something.

[@Roylamx]

Yes, and when it is fully implemented Banks will no longer accept cash. The world is changing are you ready? You don't have to jump off, just be prepared to abandon modern Banksterism.

[@danikoce]

10:42 I've never heard about Euro Dollars before, I thought that dollars can produce only Fed and the biggest Banksters in USA 🤔

[@Electrocutioner-1]

George is my go to guy! Ty for the common sense videos

[@aravinddnivara803]

What a blast? Thanks sir for inviting RC.

[@silverslave333]

George i wouldn't risk buying treasuries in this extremely risky environment

[@realestate1001]

Robert if you invite someone on your show can you please let them speak and you have the bad habit of interrupting in almost every sentence in every interview???

[@toolslover3645]

Searching for someone who cares!

[@pogiboy3571]

I jumped in to get to the free fish... I took out the 401 into the refinance for a low 2.3% with a 3 figure monthly mortgage... best thing I ever did so far.

[@redenjrpamaybay1253]

Much best goes to silver and gold since it don't have counter party risk..

[@picassoedftheglitch8344]

Alright I just came across this thought it was interesting and whoa 🤯 I found out I was wrong about everything about money. So what can I do now? Or am I screwed!?🥴🥴🥴 Help

[@hanselito2416]

"Counterparty risk" Makes sense

[@plasma8055]

Be your own bank

[@GuanTones]

I was about to invest heavily in assets, now I think I want to keep my dollars

[@limeycloud7473]

*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

[@Michaelfloud2333]

Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Ann Marie strunk 🙌

[@QuentinHufton]

Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn??

[@DebeaumontCadiz]

Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.

[@Carlosilpso11]

I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Ann Marie strunk 😊🎉

[@LysterCushard]

Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly??

[@brandoncarle]

YES!

[@CostaRicaNOW369]

If you have money in the bank...or in the fantasy digital crypto...technically you have no money. Read your bank contract...if you can. You'll see what you have and what can evaporate in a flash.

[@georgelien]

So going to miss him (Robert) when he is gone 😂 He is just too funny

[@georgelien]

George 😂 This is why Rich people “T-bill and Chill” (Wink, Wink)

[@geralddraper4491]

BYOB 🇺🇸 BRICS use any other just as long as it ain't the Petro-💵 while selling off U S Treasury Bonds as they dangle the CBDC while devaluing your savings & efforts sadly 😞

[@DanXRP]

BRICS is the petro dollar now.

[@acuracy00]

CBDC = Control Coin

[@jeffreyrichardson]

george orwells ink pen swordsmanship japanese yen suet birdseed wren

[@johnwright6403]

Pretty sure we have already lost your privacy. We are being tracked

[@danikoce]

thanks You guys for a great job You did!!!😁🙏🤝 I have never heard about Banksters ,but its the right word to name them 😂🫰

[@crazy3rdgen]

Why does Robert keep interrupting this guy 🙈

[@stevestevens502]

he does that all the time. he must love to hear himself talk

[@crazy3rdgen]

@@stevestevens502 lol remember that one podcast of the guy asking questions while Robert was talking, he got so pissed off.

[@pabf2745]

NO!, you lose your privacy first, your money second, and then your life third!!! (They will take it ALL, strp per step, is not for riches or sustainability, is for power taking ALL from you

[@JohnSmith-os7zm]

I Rebuke you fallen Angels in Jesus Name.

[@lloydlyttle6012]

CBDC is bitcoin.

[@joshuaedward9973]

No it’s not. BTC is decentralized not centralized

[@silver-en7kl]

@@joshuaedward9973bitcon is good until the whales start selling. Ponzi schemes alwAys go to nothing. Eventually. Bitcon has fooled many people who are afraid to ask questions. The same type of people that lined up for their clot shots. Zero critical thinking skills.

[@rv3483]

Robert please let your guest speak more.

[@HowardKlein-lt3kj]

Watch for Mark to market accounting.

[@andreavandekleut6379]

DUDE , robert kiosacky , really?

[@rolandhudson9607]

Robert interjects too much

[@motoman9944]

And George sounds like a broken record😅

[@calebnyanidadzie5810]

They will track your expense to see what you are spending on more. hence produce more of what you are spending on. There is no problem with that as far as I am not buying anything illegal

[@garlickebagg]

When they see what you buy, they will find ways to limit your access to said products and services, to squeeze you dry, holding your Precious in your hand, while you starve and thirst to your dying day. This is Chapter One in the HandBooks of every Authoritarianism Despot on this Planet. They never learnedt, will you?

[@davidtobar6453]

Robert is annoying as hell. George goes off though only reason to watch.

[@norrispg4212]

Robert needs to listen more so that he can learn what George is saying. He interrupts every time George starts to explain.

[@Hakushakuke]

Unfortunately most people in my country don't give a damn about privacy. They'll gladly accept CBDC for convenience sake.

[@stevestevens502]

which country is that?