going on for centuries and will continue to go on as long as humans walk the earth.
This book is divided into two parts. Part One of this book is about the history of the conspiracy and how the ultra-rich took control of the world’s financial and political systems via the money supply. Much of modern financial history revolves around the relationship between the Federal Reserve (which is not federal, has no reserves, and is not really a bank) and the U.S. Treasury. Some of the subjects covered in Part One are why big banks can never go broke, why we do not have financial education in our school system, why saving money is foolish, how money evolved over time, and why today our money is no longer money but, rather, currency. Part One will also explain why Congress changed the rules for employees in 1974 and influenced workers to invest in the stock market via their retirement plans in vehicles such as the 401(k) plan—in spite of the fact that workers had little-to-no financial education—as a way to get to our money via our retirement plans. That is one reason why I personally do not have a retirement plan. I prefer to give my money to me rather than the super-rich who run this government-sponsored conspiracy.
Simply said, Part One is about history, because by understanding history we can better prepare for and see a brighter future.
Part Two of this book is about what you and I can do with our money—about beating the conspirators at their own game. You will learn why the rich are getting richer and why so many Americans are being asked to live below our means. Simply put, the rich are getting richer because they live by a different set of rules. The old rules—work hard, save money, buy a house, get out of debt, and invest for the long term in a diversified portfolio of stocks, bonds, and mutual funds—are rules that keep people struggling financially. These old rules of money have led millions of people into financial trouble, causing them to lose tremendous wealth in their homes and retirement savings.
Ultimately, this book is about the four things that keep people poor:
• Taxes
• Debt
• Inflation
• Retirement
These forces are what the conspirators use to take your money. Because the conspirators play by a different set of rules, they know how to use these forces to increase their riches—while the very same forces make others poor.
If you want to financially change your life, you will need to change your financial rules. This can only be accomplished by increasing your financial IQ through financial education.
Financial education is the unfair advantage of the rich. Having a rich dad who taught me about money and how it works gave me an unfair advantage. My rich dad taught me about taxes, debt, inflation, and retirement, and how to use them to my advantage. I learned at a young age how the rich played the game of money.
By the end of this book you will know why today, when so many people are worried about their financial futures, the rich are getting richer. But more important, you will know what you can do to prepare and protect your financial future.
By increasing your financial education and changing your rules of money, you can learn how to use and profit from the forces of taxes, debt, inflation, and retirement—not be a victim of them.
Many people are waiting for the political and financial systems of the world to change. To me, that is a waste of time. In my opinion, it is easier to change myself rather than to wait for our leaders and systems to change.
Is it time for you to take control of your money and your financial future? Is it time to find out what those who control the financial world don’t want you to know? Do you want complex and confusing financial concepts to be made simple? If you answered yes to these questions, then this book is for you.
In 1971, after President Nixon took the U.S. dollar off the gold standard, the rules of money changed, and today, money is no longer money. That is why the first new rule of money is Money is knowledge.
I wrote this book for those who want to increase their financial knowledge, because the time is now to take control of your money and your financial future.
The Root of All Evil
Is the love of money the root of all evil? Or is the ignorance of money the root of all evil?
What did you learn about money in school? Have you ever wondered why our school systems do not teach us much—if anything—about money? Is the lack of financial education in our schools simply an oversight by our educational leaders? Or is it part of a larger conspiracy?
Regardless, whether we are rich or poor, educated or uneducated, child or adult, retired or working, we all use money. Like it or not, money has a tremendous impact on our lives in today’s world. To omit the subject of money from our educational system is cruel and unconscionable.
Reader Comment
If we don’t wake up as a country, and start taking responsibility for our own education in money matters, and teach that to our children, we are in for a train wreck of catastrophic portions.
—Kathryn Morgan
Reader Comment
I went to high school and junior high school in Florida and Oklahoma. I received no financial education. I was however forced to take wood shop and metal shop.
—Wayne Porter
Changing the Rules of Money
In 1971, President Richard Nixon changed the rules of money: Without the approval of Congress, he severed the U.S. dollar’s relationship with gold. He made this unilateral decision during a quietly held two-day meeting on Minot Island in Maine, without consulting his State Department or the international monetary system.
President Nixon changed the rules because foreign countries being paid in U.S. dollars grew skeptical when the U.S. Treasury was printing more and more money to cover our debts, and they began exchanging their dollars directly for gold in earnest, depleting most of the U.S. gold reserves. The vault was being emptied because the government was importing more than it was exporting and because of the costly Vietnam War. As our economy grew, we were also importing more and more oil.
In everyday terms, America was going bankrupt. We were spending more than we earned. The United States could not pay its bills—as long as our bills were to be paid in gold. By freeing the dollar from gold, and making it illegal to directly exchange dollars for gold, Nixon created a way for the United States to print its way out of debt.
In 1971, the world’s rules of money were changed and the biggest economic boom in the history of the world began. The boom continued as long as the world accepted our funny money, money backed by nothing but a promise by U.S. taxpayers to pay the bills of the United States.
Thanks to Nixon’s change in the rules of money, inflation took off. The party was on. As more and more money was printed each decade, the value of the dollar decreased and the prices of goods and assets went up. Even middle-class Americans became millionaires as home prices kept climbing.
