Epoch Times - Robert Kiyosaki on the Root Cause of America’s High Inflation, National Debt, and Crumbling Dollar
Aired: 2025-12-08
Duration: 01:09


=== The Shift from Silver to Federal (01:09) ===

[00:00:00]  When I was 18 or 19 years old, I held up a coin, 1965.
[00:00:07]  A silver dollar was no longer silver, it was copper.
[00:00:12]  And what they were doing, the U.S. government, they were violating Gresham's Law.
[00:00:18]  And what Gresham's Law says, when bad money enters a system, good money goes into hiding.
[00:00:26]  And I went, what the heck's going on here?
[00:00:29]  So in 1965, as an 18-year-old kid, I go to school at a military school.
[00:00:34]  I read this book, and I see our currency, our dollars going down.
[00:00:40]  We used to be a silver certificate.
[00:00:43]  Now we're a Federal Reserve note.
[00:00:46]  And as most people know, there's a big movement on to end the Fed, the Federal Reserve Bank, because it's not federal.
[00:00:54]  It's not reserve.
[00:00:56]  It's not a bank.
[00:00:58]  It's a Marxist organization.
[00:01:00]  It's a central bank.
[00:01:02]  And in 1912 or 1913, when the Fed came to America, it was the end of America.