"If You Want to Get Rich, Stop Thinking Like a Poor Person"

I want to talk to you about how to think

richer it's really tough to get rich if

you think like a poor person and we all

know poor people they're all over the

place so I'm going just show you

something here this here is a gold Rolex

Daytona the younger people have no idea

what Daytona means but this was Paul

Newman's watch and all this stuff and I

own four daytonas they go oh what a

waste of money that's how a poor person

thinks why do I buy a $50,000 watch

let's say it is and gold rings and all

this well the reason is because the

national debt of America is through the

freaking roof we're going bankrupt the

way America with our politicians the way

they solve their problems is they print

money one thing wrong with printing

money the rich get richer and the poor

middle class get poorer ression Lawes

when bad money enters a system good

money goes into hiding now here's a 50

cent piece Kennedy half dollar 1964 this

is from my friend Jim Clark Republic

Monetary Exchange here in Phoenix

Arizona I buy a lot of golden real

golden silver from him so in bad money

enters a system which is the bad money

this or this the agressions law says

when bad money enters a system good

money goes into hiding this is bad money

this is real money so what happens is

when I show this to most people most

people say which one I said which one do

you want the $10 or the 50 cent piece

the average person young or old jumps

for this but this is bad money the smart

want real money and the reason this

happens is every time the government

prints money which started in 1971 when

Nixon took the dollar off the gold

standard every time you print money the

rich get richer let me say it again when

you print money government's print money

which are printing all over the world

today the rich are getting richer

because assets go up in value what else

goes up in price are food eggs and stuff

like this so the rich get richer because

they have real money but the poor in

middle class get hammered because

inflation's killing them see look at

America today there have an election

coming up for the president and what's

happening is inflation is killing people

right now this is getting takes more and

more of these to buy one of these here

so you understand Gram's law when bad

money enters a system this is bad money

this goes into hiding so Republic

monetary exchange here in Phoenix this

isn't hiding this 50 cent piece is worth

a lot more than this so we're talking

about why do I buy assets why do I buy

real estate because when I use debt debt

is this fake money here to buy a real a

house this goes down in value but the

house goes up in value so that's why the

smart people know how to use debt to get

richer cuz they use debt to buy real

assets and this gets worth less and less

and less and less us it's Gran's law

when bad money enters the system good

money goes into hiy when bad money

enters the system the rich buy more

assets like real estate land things like

this so they get richer and the poor in

middle class get poor cuz inflation

kills as Gran's law has been around for

thousands of years so I hold this up

here 1964 real silver and this I say

which would you rather have this 50 cent

piece or the $10 the rich will take this

poor midle class will take this let me

explain this when you print money the

price of assets go up like my apartment

houses go up the price of oil goes up

and things like this so what happens is

you print money the price of oil goes up

but so do the cost of a chicken because

a chicken takes gas to get it to the

supermarket so you go to the supermarket

why is this chicken $10 today whatever

it is I don't pay attention to that

stuff but we're printing so much money

today this here this solid gold watch

I've been buying gold since it was $50

an ounce that's why I own gold mines I

don't like to fool around with too much

I have real goal I can take it I can

feel it it's in a private fault hidden

in some Mountain not too far from here

but the reason why I buy this gold watch

let's say it cost

$50,000 5 years from now what will this

gold watch be

worth see if gold today is let's say

$3,000 and the prediction is gold is

going to go to 50 $15,000 so that's a

ftim so the reason I buy a gold watch I

can buy a cheap ass Swatch watch or a

timx or whatever it is for 50 bucks I

some of those too by buying a gold Rolex

I'm not saying do it I'm just telling

you how I think and how poor people

think oh I'm going to get myself a cheap

ass Apple watch no right Lefty Apple

person would buy a solid gold Apple

watch you know cuz it doesn't fit their

genre but when I buy this thing here I

get to wear my asset on my wrist cuz it

gets more valuable the more government

is up the more they print money

the more valuable is not the watch it's

the gold in the watch so I'm just saying

to you that is how I think and I was

trained to think that way but a poor

person they want to buy something that's

Nic looking but inexpensive that's why

they're poor you know some people buy

like I see women with these very

expensive handbags

I hate to tell you this the only place

that's going to be good for is a

Salvation Army thrift store but they

have a some Gucci bag or something or

they got Gucci shoes or whatever they

have but there's nothing wrong with

wearing your assets on your wrist or

gold earrings because it's not the

earring it's the gold so if you can

understand that the reason poor people

are poor is they think if they get

something for cheap they're smart but

they're really poor so ladies and

Gentlemen people talk about mindfulness

now Buddhism is mindfulness what are you

saying to yourself oh I can get by

living this or I can eat cheap food or I

can do this remember this this is the

rule when the government prints money

assess go price up in price the rich get

richer but the poor get poorer so when

you print money the price of gasoline

goes up I get richer cuz I own oil wells

the poor in middle class get poorer cuz

they're putting gas in the car it's also

taking gas to get that chicken and

toilet paper to the supermarket so

that's what's going on in America today

and the biggest problem as you know is

that most of our leaders a lot of them

are School teachers like tampon Tim

Walls who ran with CA he's a college

professor or something like that the

governor don't hang out with poor people

it's a waste of your time My Poor Dad

smart guy and all that pours a church

mouse he wanted everything that was

inexpensive rather than something that

was valuable not the price but what is

the long-term value of what you're

buying today I'm taking delivery on a

new car not that I need a new car but

it's a very rare car so I get to drive

around a very rare car that only rich

people can afford oh such a waste of

money I'd rather drive around my Toyota

Prius okay that's fine you get from

point A to point B but you get richer no

that's the the problem so the problem

isn't the Toyota Prius or my new

collector C coming in problem is how you

think so ladies and gentlemen it's

called mindfulness be mindful the

question is are you thinking like a rich

person a poor person or a school teacher

so if you want to find out the top three

things that schools should have taught

you about money and three is light men

they don't teach you anything but the

top three things of school does not

teach you about money please watch the

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