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Understand How Money Works

He emphasizes that money is essentially debt, and the only way money is created is through the mechanism of debt and taxes. He challenges the conventional belief that getting into debt is always bad, as he uses debt strategically to build wealth and create assets. Unlike most people who work for money, he follows the principles from "Rich Dad, Poor Dad," which emphasize that rich people don't work for money; they make money work for them. He also expresses skepticism about the stock market, believing it is manipulated, and he focuses on understanding the behind-the-scenes dynamics to make informed financial decisions. Additionally, he states that he employs legitimate strategies to minimize taxes.

Chapters:
00:00 Intro
00:10 Interview
00:35 Outro

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#Money #Debt #WealthCreation