We're less than one in a thousand. Sure feels special.
This was the best pure explanation of MMT I've ever heard. Robert likes to call it Marxist Monetary Theory, but I feel that is an incorrect assessment. At least Marx had the intent of freeing the people from tyranny, even if his system can't realistically be implemented. Since I started looking into MMT, I always thought it was much more akin to Mercantilism in that the intent is to empower the government and aristocracy to gain control over the people.
When I came to the U.S. in 2001 $20 would fill up the shopping cart of food. Now 2020 it takes $150 to fill up that same shopping cart. No inflation? I don't think so. Also when I was a kid 50 to 75 cents would buy you a slice of pizza now that same slice cost $1.90 to $2.25. No inflation?
I have always tried to invest in bitcoin/ trade binary options because I heard people made a lot of money from it , ever since I started making attempts to invest it has never been profitable until I came across Mr peter Roland It has been an amazing journey with him making money from the comfort of my home, invested $500 and within a week, got paid $3,500. I promise I was going to tell everyone about him if he is reliable or not so that if he is not I can warn you'all to stay away, but I can willing say he is honest ,trustworthy and reliable
Love the economic insights. This all makes sense.
When was this recorded
Give me 3 trillion dollars and I'll show you a good time
Amazing interview. Haven't heard anybody explain MMT so well in layman's terms. Truly appreciative to hear an intelligent explanation of an alternative viewpoint.
SUBTITLE IN FRENCH AND OTHER LANGUAGE PLEASE !
Anybody realize the potential consequences of the general public learning that we CAN use our monetary system to more equitably distribute the fruits of centuries of mankind’s productivity advances? That the reason most aren’t getting a fair share of those fruits is solely because OUR government CHOOSES to shift the flow of most of that wealth to a tiny percent of humanity and has us cheering them on in the effort out of fear that ‘we can’t afford it’?
Andy you keep saying the government borrowing money. Answer me this question. If the government is the monopoly creator of the currency, then why would it need to borrow money? It creates the money.
My karma just ran over your dogma…
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Please Mr. Kiyosaki, put a Spanish translation to your videos, thank so much
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This was good 🤘🏽🤓
Thank you guys 🙏. I will grow, I know so 💪🏾.
I enjoed the content of this! one thing im struggling with is Kiyosaki seems to have a totally different outlook on MMT? eiyher way very informative and good work 🙂
Lol another ego white beard man xD
Andy is one of the best teachers I know.
State money wasn’t a substitute for barter but rather a means for governments to provision itself and provide government services.
The Government is the problem 🙄 😒
We don't need money, you can STILL live free. Though the government can come after out in the wilderness too. 🥴🥺😥🥺😦
Knowledge gives you the power to choose to be in the system or out of the system. Gold and silver gives you the financial ability to stay in the system but be out of the system.Knowledge of the system gives you the power to do what you can to control your world within the system.
Secure your future with a decent invest because you never can tell what can happen in the economy so that what ever happens you are sure your income is safe
Free this and that, quality plummets.
38 m, "creditism has worked in the housing market" yep, and house price inflation is too bad for the next buyer.
28 min, he said banks can lend 90% of deposits, then the borrowers can lend 90% of that. I thought banks could lend 900% of deposits, or unlimited % now the reserve requirement is 0%.