This is the hardest concept for most people to grasp. Kiyosaki writes that since 1971 (when Nixon took the US off the gold standard), money stopped being real. It is now debt. Therefore, saving paper money is stupid. The capitalist uses "good debt" (leverage) to buy assets that produce income.
While introduced in earlier books, the Manifesto expands on the Quadrant: capitalist manifesto pdf robert kiyosaki
In times of high inflation caused by government policy, holding tangible assets (real estate, gold, silver) is the ultimate defense. This is the hardest concept for most people to grasp
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|---|---|---|
| Abacus.zip | Abacus.apk |
This is the hardest concept for most people to grasp. Kiyosaki writes that since 1971 (when Nixon took the US off the gold standard), money stopped being real. It is now debt. Therefore, saving paper money is stupid. The capitalist uses "good debt" (leverage) to buy assets that produce income.
While introduced in earlier books, the Manifesto expands on the Quadrant:
In times of high inflation caused by government policy, holding tangible assets (real estate, gold, silver) is the ultimate defense.
| Icon | Source Code | Jar File |
|---|---|---|
| abacus.zip | AbacusApp.jar |
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| xabacus-latest.tar.xz | wabacus-latest.zip | xabacus | xabacus.README | xabacus.lsm | At SillyCycle | At Ibiblio |