Gold Is God’s Money, Says Author Kiyosaki

Gold Is God’s Money, Says Author Kiyosaki

Assessment

Interactive Video

Business

University

Hard

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Robert Kiyosaki, author of 'Rich Dad, Poor Dad', shares his insights on personal finance, investment strategies, and economic predictions. He emphasizes investing in what you love, such as gold and real estate, and criticizes the stock market's reliance on debt. Kiyosaki also discusses the pitfalls of saving money in a system of 'fake money' and predicts future economic downturns. He touches on the potential of cryptocurrencies and highlights the importance of understanding market trends to capitalize on opportunities.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Robert Kiyosaki's main concern about the current state of the stock market?

It is too stable.

It is floating on debt and corporate credit.

It is not accessible to new investors.

It is heavily regulated.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Kiyosaki, what should guide your investment choices?

Market trends

Expert advice

Investing in what you love

Government policies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does Kiyosaki refer to gold as 'God's money'?

Because it is easy to produce

Because it is man-made

Because it is a renewable resource

Because it has been around since the earth was formed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant economic change occurred in 1971 according to Kiyosaki?

The dollar was taken off the gold standard

Interest rates were increased

The introduction of cryptocurrency

The stock market crashed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does Kiyosaki believe that savers are 'losers'?

Because it is better to invest in stocks

Because saving money is outdated

Because of negative interest rates and devaluation of money

Because banks are unreliable

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Kiyosaki predict will cause the next market crash?

Real estate bubble

High oil prices

Underfunded pensions

Cryptocurrency regulations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Kiyosaki view the rise of cryptocurrencies?

As irrelevant to young investors

As a stable investment

As a passing trend

As a threat to traditional banks