How "savings" is killing American's wealth & retirement hopes
This is evil
(👆👆👆 Listen to audio version 👆👆👆)
Shooting the sacred cows of money
The year was 2013.
I was sitting in my room scrolling through YouTube and then I remembered a DVD I had received from a year or so earlier from some other product I bought.
I put down my computer and I popped in the DVD of Robert Kiyosaki and “shooting the sacred cows of money” where he said this:
In 1971, the dollar ceased being money.
When gold was taken away from the dollar, it instantly switched from being a money to a currency.
Money must be a store of value.
When you cannot store your time and energy in your currency, it is not money.
We have been told a lie from the highest levels of “leadership” so they could steal our time and energy for themselves.
Money is a container for your time and energy.
We go to work spending time and energy providing value in which we trade for dollars we THINK are an asset and a store of our value.
In reality fiat currency (government currencies like dollars mot backed by something that takes equal work to make) leak our time and energy through inflation (currency printing) because its just pieces of paper.
That work must come from somewhere.
Therefore it is stolen through every single dollar in existence over time like a frog in a boiling pot.
Save assets, not in liabilities you were told were assets.
The average person gets poorer and poorer because they save in dollars, liabilities they are told are assets.
Don’t believe me?
Check these charts out from Fidelity and Vanguard about first the median net worth of Americans.
The next two charts are about the 401k balances of Americans who have had 50 years to build this up.
Do you think that is enough to live on once you are retired?
If there is something wrong do we think we should fix it?
We can’t be the ONLY people that know this, right?
There is either an evil plan or people are incompetent.
Neither are good options.
But what else is one to think?
The saying “bitcoin fixes this” was made because most of the things we argue about in the world come back to fixing the money so humans aren’t stolen from.
People traditionally revolt and riot and protest when their economic situations start to deteriorate.
They tend to blame certain groups of people and attack them because they know something is wrong but they cannot pinpoint exactly why.
They are getting poorer over time and cannot afford life because the prices are running away from them.
Bitcoin does fix that, because that is its primary job.
Saving in a pure neutral money backed by energy that cannot be corrupted or inflated away unlike paper government toilet paper.
Study and do your research and stay strong,