Rich Dad Radio Show, Released on 11/3/21
While it's been predicted that the Fed may soon begin to "taper" the amount of money it creates each month, it is unlikely to stop printing money altogether any time soon. Today's guest describes the Fed's addiction to printing money as "monetary heroin" explaining that 40% of all money in existence in the U.S. has been created in the last 18 months.
Peter Grandich, the author of "Confessions of a Former Wall Street Whiz Kid," says, "There are a lot of reasons to be cautious and bearish, and very few reasons to be optimistic and bullish."
Grandich also explains what he sees as the next great threat to the US-an economic time bomb of unprecedented proportion-additionally, he exposes some of the dirty business of Wall Street.
Hosts Robert and Kim Kiyosaki and guest Peter Grandich discuss market manipulation and the government's addiction to printing money.
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad's Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, "Your home is not an investment," years before the Panic of 2008. His latest book is Who Stole My Pension? How You Can Stop the Looting.
Peter Grandich & Company specializes in retirement, business and estate planning, that operates with the slogan that they "enable common people to attain uncommon results." The company was formed by Peter following decades of experience in the markets, having served in roles that include Chief Market Strategist, Portfolio Manager, and Head of Investment Strategy among others.
Confessions of a Former Wall Street Whiz Kid - Robert Kiyosaki & Peter Grandich added by Herman James on 11/02/2021View all posts by Herman James ?+'