May 28, 2011

Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money - Robert T Kiyosaki



Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money - Robert T KiyosakiHi guys its been a long time, since I have written my last post on Genuine Digest. I have been very busy with the college placements and after that the job. But a few days back an amazing thing happened I was walking by a market and my eye just caught up with a book in the bookstall called "Conspiracy of the Rich by Robert Kiyosaki" in the famous Rich Dad series. The title felt so suspious that out of curiusity I bought it. Let me mention that I am not very fond of book reading.

Finally my curiousity took over my passion of hating books. But what I found was astonishing and really rocked my brains out. This book raises some serious questions and not just questions some of the stuff that this book claims really makes you feel very uneasy and insecure. Like for example I always used to think (from what I have always heard from everyone) that every currency note which gets printed has a backing of gold under it. But what I came to know from this book really made me all others who used to utter the gold backing thing look like fools believing a repititive lie. The worst part of it is that it wouldnot matter so much, if that country would be something like Uganda though that would still be wrong. But if that country would be so big that it shares 25% of the global GDP and is a superpower that the world has never seen before and above all their currency is global reserve currency, it really raises some concerns. Oh ya!! I am talking about U.S.

I never knew before reading this book that after 1971, the U.S. Dollar is not backed by gold as pesident Richard Nixon closed the gold window. So guys I dont know why he did that but that really is a big issue. I want your views over this issue if you are aware of the problem and reasons behind it and I would also suggest you to read this book "Rich Dad's Conspiracy of the Rich: The 8New Rules of Money" by Robert Kiyosaki. Please share your views in the comment section below, would really love to read them.
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