Great
book and I highly recommend you to read this if you want to know where are we stand in
today’s world. It contains 560 pages divided into 3 parts with 19 chapters and it's worth reading.
In this
book Robert discusses fake money, fake teachers and fake assets and want
dedicate this book to those seeking the truth (fight fake with facts). He
expose, how lies making the poor and middle class poorer and His perspective on
the current state of social and economic problems on the global level and how we
can prepare for not being a victim of the giants of GRUNCH.
GRUNCH
stands for Gross Universal Cash Heist. Grunch is about how the ultra-rich rip
off the world.
If you
a fan of Robert, you’ll know that he’s a real teacher with integrity in
education about financial; be it gold, silver, real estate, money, digital, education system and greatest of all “mind” assets; developed your mind by investing in
yourself; what you learn or studies (real study is a lifelong journey) – He teaches from real-life experience and
encourage student to do the real things. He’s giving us a big lesson and
picture about the facts where are we today and why and what makes
it happened like that and how can we know what is truth and how can we prepare from the
coming chaos, etc.
He
teach that in our modern money - got 3 types:
1. God’s
money: Gold and Silver
2. Government’s
money: Dollars, Euros, pesos, etc.
3. People’s
money: Bitcoin, Ethereum, ZipCoin, etc.
From
these 3, the book guides us and we got to think and question ourself which money are
real or fake, which teachers are real or fake, and which asset is real or fake.
Fake
money
-In the
book, Robert discusses the technology of cryptocurrency originating with the
people and the role of Governments in trying to control banks.
Fake
teachers
-A great
teacher is good at what they do, they have good subject knowledge and are able
to communicate effectively with the people they are teaching
-A
teacher who doesn’t have an in-depth understanding of what they are teaching is
unable to communicate well and have a positive impact on their students
learning.
-It is
preferential to have a teacher who has business experience in the area they are
teaching. They are able to bring real experience to their teaching.
Fake
Assets
-A real
asset puts money in your pocket. A fake asset takes money out of your pocket,
it is something that promises to make you richer but actually requires ongoing
finance from the individual.
In this book Robert Kiyosaki continues to explore the value of financial
education and thinking critically, knowledge and an approach that some only
have the opportunity to learn about later and some never learn about,
effectively creating the divide between the rich and the poor.
BEST
Quotes;
‘The
invisible people who control the world economy search our schools to find the
best and brightest so they can train them to run the world economy the way they
want the world economy to be run’ – Bucky Fuller
‘Trust
in “artifacts” things that you could see, touch, and feel, not a story of a lie”
– Bucky Fuller
‘What
you do will depend upon whom you believe.’
‘He was
really good at marketing as a practitioner, doing the doing, not only just from
a teaching point of view’
‘A real
students learns from everything and everyone. Life itself is your teacher and
you are in a state of constant learning’
‘I
strongly believe we all have at least one book inside us, whether we have
written it or not’
‘Any
book good or bad can help you’
‘Land
and property are better as real assets’
‘All
coin have three side; the edge=intelligence, the heads and the tails’ - Rich
Dad
‘The
test of a first-rate intelligence is the ability to hold two opposed ideas in
the mind at the same time, and still retain the ability to function.’ – F.
Scott Fitzgerald
‘It is
better to be loving and compassionate to yourself and admit you made a mistake,
than to punish yourself and others for their mistakes.’
‘Intense
teamwork requires intense spiritual education.’
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