Why Deflation is Key to an Abundant Future – Robert Kiyosaki, Kim Kiyosaki, Jeff Booth


Today, the world is facing many of the same problems that were being faced before the Great Depression set in. The world’s governments are facing massive and unsustainable debt and today’s guest says you “can’t solve a debt problem with more debt.” The problem we’re facing today is that technology is advancing far faster than the governments can keep up with—it’s a true battle between the Industrial Age and the Information age. 

Jeff Booth is the author of “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future” and he believes that technology-driven deflation is a significant challenge for the global economy, and central banks attempting to create artificial inflation through monetary policy are doomed, ultimately, to failure. 

Hosts Robert and Kim Kiyosaki and guest Jeff Booth discuss why the world will need to move to a deflationary economy and why you should care. 


#robertkiyosaki #financialeducation #kimkiyosaki

Facebook: @RobertKiyosaki

Twitter: @TheRealKiyosaki

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Robert Dunfee


  1. Sabrina Wanderer
    July 19, 2021 at 8:03 am

    No, we go to school but we need to change our education system..

  2. YooToob Moderator
    July 19, 2021 at 8:03 am

    I wonder if "Rich Dad" had anything to say about the benefit of listening instead of contributing empty chatter..

  3. Tyler Hart, J.D.
    July 19, 2021 at 8:03 am

    Been a listener a few months… loved the Chris Martenson shout-out! PeakProsperity inadvertently led me to your show. Thanks for all the great “education!”

  4. kolton crane
    July 19, 2021 at 8:03 am

    He makes a good point that we need assets that can be moved, but legally that just doesn’t work. If you want to flee the US and avoid taxation you have to get rid of your citizenship and pay a 30% tax.

    What kind of makes me laugh is he thinks you can hid and transport Bitcoin. The NSA and the government has already confiscated tracked down people and Bitcoin. Remember the NSA manipulated the nuclear power plant in Iran. I’m pretty sure they can find your Bitcoin.

    Remember you have to report if you have bitcoin to the IRS. If California loved crypto you’d think they’d be against tax. If one really wants you can hid gold so the government doesn’t find it, but he’s right it’s harder to smuggle. I doubt though fiat currency will be based on crypto. That’s a bigger bet then fiat being based on gold. It may have value but it’s unlikely the dollar will be based on Bitcoin. Buying Bitcoin now with its higher value since Elon bought it is interesting. Cause it can go way up as people get out of the dollar or go down.

  5. kolton crane
    July 19, 2021 at 8:03 am

    Another thing to consider is some live still in the Industrial Age, information and the crypto age. Not all of society has caught up.

    But I doubt crypto is what fiat is going to be based on. It’s way to volatile. Maybe gold could be since it’s been used that way for so long. But the issue with like Bitcoin is it’s capped. Even gold has a flow rate of like 1.6%. You do need some small expansion especially as population increase or the money or currency will just rise in value and is deflationary and is terrible for loans.

    He’s totally right tech has changed everything and does make things cheaper just like how the Industrial Age like Henry Ford made cars cheaper. But I think like some say crypto is like the dot com bubble. It’s going to take off but its still way to volatile and probably over priced.

  6. Jerome H
    July 19, 2021 at 8:03 am

    It's call American Dream, because that's all it really is. The rich don't always stay rich.

  7. Mitchell Callahan
    July 19, 2021 at 8:03 am

    Great interview, thank you!

  8. I am Slogbro
    July 19, 2021 at 8:03 am

    For cable and wifi services text Hinojosa Network and Services 361-944-0103!

  9. Liberty & Macro For All
    July 19, 2021 at 8:03 am

    Stock market crash!!?? check out my podcast, have a new one coming soon about the bubble in gold and the bounce between the deflation and inflationary plays!

  10. Chris Male
    July 19, 2021 at 8:03 am

    Jeff Booth is great on bitcoin and finance ….he's completely wrong on climate change which is a hoax and nothing more than an excuse to tax and control. Complete BS

  11. idiocracyisreality
    July 19, 2021 at 8:03 am

    this guy would be right if the world population was dropping, if industrial metats just magically show up for these machines to produce and China decided too go back too rickshaws . too stop this inflation you just need too convince 1.3 billion chinese and 1.35 East Indians that they don't want too live like modern man

  12. larry smith
    July 19, 2021 at 8:03 am

    Best video I have seen in a long time. Unbelievable information

  13. Ron Orr
    July 19, 2021 at 8:03 am

    Artificial intelligence takes over artificial inflation

  14. Sandi Kennelly
    July 19, 2021 at 8:03 am

    What’s ahead will be expedited by Biden policies. Taxing the rich by Trillions will hurt the stock market and prevent the rich (who have money) from hiring people. Biden repealing Trumps tax cuts denying people of spending that money on Main Street hurting businesses will not help America. Biden embracing free trade sending our jobs overseas and increasing business taxes sending jobs overseas will help to speed up the financial crisis.

  15. Sad Chap8
    July 19, 2021 at 8:03 am

    The six fairies immunohistochemically wink because separated pathohistologically accept via a numerous oven. phobic, second-hand ocean

  16. I Love Fixin Cars
    July 19, 2021 at 8:03 am

    So mr. Rob when the dollar falls will gold still be good in the digital age

  17. TT Fan
    July 19, 2021 at 8:03 am

    43:48 : When USA became Comm , Repo market etc

  18. josé antonio de la cueva aguilera
    July 19, 2021 at 8:03 am

    What a nice conversation.

  19. Michele Simko
    July 19, 2021 at 8:03 am

    Ai and computers……….now Utube is changing things…..Verizon changing refuse to service non 5phone. It’s atrick to improve while the board keeps moving

  20. Gagan ghotra
    July 19, 2021 at 8:03 am

    The house here in Calgary are around 4 to 5 hundred thousand so you are saying it will be 80 thousand…… so if I have 4 hundred thousand cash I should wait…or should I buy gold or silver or Bitcoin

  21. FlatSmack
    July 19, 2021 at 8:03 am

    Meanwhile the earth is flat and you waste your lives staring at your bank accounts and your fake money.

  22. I may be right
    July 19, 2021 at 8:03 am

    Once everyone has adopted bitcoin the EMP will hit us and wipe out what's left. But gold and silver will survive. Even coal will be worth trading again.

  23. Wendie brandenburg
    July 19, 2021 at 8:03 am

    Where do you suggest to start buying bitcoin?

  24. Creed
    July 19, 2021 at 8:03 am

    Wouldn't a solution be if we found more gold? Say like 200 trillion dollars worth? Then we get to a new and better gold standard?

  25. Vince D
    July 19, 2021 at 8:03 am

    So wait… Say we do deflate, and assets drop by 90%.. now people like Robert and other investors will have to get a "regular" job?

  26. Dexter Love
    July 19, 2021 at 8:03 am

    Dear Mr Robert🏆 thank you so much for all these massive informations. You are my MANTOR and Rich Dad in internet world 🌎. ❤️🙏❤️ GOD BLESS YOU ALWAYS.

  27. Steve
    July 19, 2021 at 8:03 am

    Thanks you Robert Kiyosaki and Kim Kiyosaki for sharing that knowlage with Jeff Booth. I will read Jeff Booth book: The Price of Tomorrow.

    July 19, 2021 at 8:03 am


  29. BelalDAce
    July 19, 2021 at 8:03 am

    AMEN brothers

  30. sven's channel
    July 19, 2021 at 8:03 am

    Makes much sense. Do we even need the State anymore?

  31. muhammad-Amiin Dhimbiil
    July 19, 2021 at 8:03 am

    Here in Africa We have been with the rise of technology almost those twenty years Jeff Booth, yet we are just Consumers who never participate any part of that business. Whether its the Main Production, the bigger distirbution and the overall develpment.

  32. Spar PH
    July 19, 2021 at 8:03 am

    Ey ey ey. Dnt say dnt go to school. Haha. We are gonna be running out of experts that B and I hire to run THE business. You know what im saying

  33. David Bradley
    July 19, 2021 at 8:03 am

    Robert, this is the second time you mentioned Sept 2019 and the failure of Shadow Banking. Please give us more information about what you are talking about.
    Thank you for doing this Radio show.

  34. Esk
    July 19, 2021 at 8:03 am

    We archive cause of u watch it twice, you learn twice as much 🔥🔥🔥🔥

  35. rick lulu
    July 19, 2021 at 8:03 am

    Deflation equals hyperinflation because the cure for low prices is low prices.

  36. DarlaJean
    July 19, 2021 at 8:03 am

    It's not even an economy; it's a concept and it feels as if money's not even real.. So the mindset has to change and if those guys have been in far too long the mindset won't change.. Especially today The Media runs the lies that change the stock market and it's ALL FALSE..

  37. Les Pièces du Puzzle
    July 19, 2021 at 8:03 am

    The problem of AI is that it's not intelligent at all. Same as human. We confuse intelligence with intellectual skills. Those robots are programmed based on antique paradigms that are not evolution oriented. And then we are either surprised or predicting devolution or deflation (depending if we are not financially educated or if we are financially smart). If we want to evolve, we have to change our way of thinking. When people promote paradigms that will stand for "centuries of centuries" that means they refuse to question those paradigms. Worth, they will disqualify anyone who attempt to do so. Unfortunately the richests are getting richer because they are smart but not necessarily intelligent.
    Seat on a vault (buying silver or gold, for example) while humanity is sawing the branch where it's seated knowing this is the only branch in the outspace within the reach of our present technology is not at all intelligent.
    There's two faces on greed: accumulating richness as much as we can expecting the other to fail just to demonstrate (mostly to ourselves) that we are smarter than everyone else or than most of the population is one.
    The other face is making better use of the technolgy trying to apply new and more efficient paradigms to it.
    There's a part of humanity who thinks of technology as evil, but money and technology are not evil, this is the paradigms supporting them that are not efficient.
    Evolution needs a change in our way of thinking, meaning questioning our paradigms and find out which ones are no longer useful. Questioning empathy or save a human at all cost including making Life disappear seems to people sacrilege but if there's no more Life, this is not a human life we'll have to save but all humanity. Even the richests won't be able to survive. And, by the way, surviving is not living. We have the physiological capacity to survive only for a very limited amount of time. We need to learn how to use our minds instead of being used by our brain.

  38. B Crawford
    July 19, 2021 at 8:03 am

    Robert Kiyosaki. TY for your videos and your work. Just one suggestion: you need a little more sound engineering on your videos. The volume goes up and down quite a bit from one speaker to the next. It is, sometimes, quite jarring. I love the content though, so the poor sound control will not stop me from listening.

  39. Craig Shannon
    July 19, 2021 at 8:03 am

    All of this sounds like an argument to accept socialism. That doesn't sound intelligent to me.

  40. Eddy M
    July 19, 2021 at 8:03 am

    The good thing about deflation is that things get the real value, and the working people
    can afford it. Inflation profits the bank and rich, the working people gets the shaft.

  41. johnny sebastian Corona
    July 19, 2021 at 8:03 am

    amazing content wow makes so much sense!!!

  42. Bloc72
    July 19, 2021 at 8:03 am

    Gold, Silver, Bitcoin & Theta, all the way!

  43. Bradley Erasmus
    July 19, 2021 at 8:03 am

    Please allow the experts to speak!!! They are asked questions, but then constantly interrupted!