Rich Dad Radio Show: In-your-face Advice On Investing, Personal Finance, & Starting A Business

The Future of the Gold Standard and the Collapse of the Dollar

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Synopsis

In this episode, Robert Kiyosaki is joined by economist Peter Schiff to discuss the potential return to the gold standard and the implications for the global economy. They delve into historical events like Nixon's 1971 decision to take the dollar off the gold standard, the economic consequences of this move, and Schiff's predictions for a future financial crisis. Peter Schiff shares his views on gold as real money, the flaws of the current monetary system, and what actions individuals should take to protect their wealth. The discussion also touches on the role of BRICS nations, the potential risks of a Fed coin, and the impact of a dollar collapse on the American standard of living. This episode is packed with valuable insights and is essential viewing for anyone concerned about their financial future.-----See important disclosures at masterworks.com/cd-----Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest