Fake by Robert Kiyosaki

Fake by Robert Kiyosaki

Fake Money: He argues that fiat currencies, like the US dollar, are "fake" because they are not backed...
Vendor: Beyond Books
SKU: SC06516
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Product Type: Self Help
Rs.390.00
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Fake by Robert Kiyosaki

Fake by Robert Kiyosaki

Rs.390.00
Fake by Robert Kiyosaki

Fake by Robert Kiyosaki

Rs.390.00
Description
  • Fake Money: He argues that fiat currencies, like the US dollar, are "fake" because they are not backed by gold or any other tangible asset. This allows governments to print money without limit, leading to inflation and devaluing people's savings.
  • Fake Teachers: Kiyosaki criticizes the traditional education system for failing to teach practical financial literacy. He believes that schools focus on subjects that are not relevant to real-world financial success, leaving students unprepared to manage their money.
  • Fake Assets: He challenges the conventional wisdom about what constitutes an asset. He argues that things like a house, which most people consider their biggest asset, are actually liabilities because they take money out of your pocket (mortgage, maintenance, etc.). He advocates for investing in "real" assets that generate income, such as businesses, real estate that produces cash flow, and intellectual property.
  • Financial Education: Kiyosaki emphasizes the importance of financial education, arguing that it's the key to understanding the "fakes" and building wealth. He encourages readers to seek out alternative sources of financial knowledge beyond traditional schooling.
  • Challenging Conventional Wisdom: He urges readers to question commonly held beliefs about money and investing, and to think critically about the information they receive.
  • Taking Control of Your Finances: Kiyosaki empowers readers to take control of their financial lives by learning about investing, building businesses, and acquiring income-generating assets.
  • Controversial and Provocative: Kiyosaki's ideas often challenge conventional wisdom, making his books engaging and sparking debate.
  • Simple Language: He presents complex financial concepts in a relatively easy-to-understand way.
  • Motivational: His books inspire readers to take action and pursue financial independence.
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