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Deflation isn't good, and inflation is easier to cure than deflation.

In the simplest terms, inflation occurs when there's too much money in the system. On the flip side, deflation occurs when there are too few dollars in circulation.

From Robert Kiyosaki

Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.

From Robert Kiyosaki

Many U.S. investors are already investing overseas rather than at home.

From Robert Kiyosaki

When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.

From Robert Kiyosaki

When I was a kid, there were no credit cards. Instead, retailers offered layaway plans. My mom would go to a store, such as a furniture outlet, choose the sofa she wanted, and put it on layaway. That meant she put a little money down to hold the sofa, and every payday she'd pay a little toward the purchase.

From Robert Kiyosaki

The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.

From Robert Kiyosaki

When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.

From Robert Kiyosaki

Even though the risks of death are higher driving than flying, many people would rather drive simply because they feel they have more control driving. The facts are that only a few hundred people die a year flying, and 44,000 are killed a year driving.

From Robert Kiyosaki

If you've lost your spirit, even living in the richest country in the world can't help you become rich.

From Robert Kiyosaki

Robert Kiyosaki

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