| 👉 See How Savvy Investors Are Using "The Power of 6" to Generate New Streams of Cash Flow: https://bit.ly/3U3HAPY In this episode of The Cashflow Academy, Andy Tanner sits down with former U.S. Senator and economist Phil Gramm to break down the myths that are quietly shaping America’s financial future. From tariffs and taxes to entitlement spending and the true impact of capitalism, this conversation dives deep into the seven biggest lies people believe about the U.S. economy. Senator Gramm—author of The Triumph of Economic Freedom—shares what most politicians won’t: how flawed data, political incentives, and public misconceptions are threatening the very freedoms that built America’s wealth. You’ll learn why Medicare and Medicaid are more dangerous than you think, why tariffs hurt YOU more than China, and how redefining income is distorting poverty statistics. Whether you lean left or right, this episode will challenge your thinking and give you practical insight into what’s really happening behind the headlines. If you're an investor, entrepreneur, or someone simply concerned about America’s future, you can’t afford to miss this. 00:00 Introduction and Guest Introduction 01:41 Discussing the Fiscal Situation 04:10 Social Welfare Spending and Economic Myths 12:26 The Role of Regulation in Capitalism 15:40 Understanding Tariffs and Trade 27:32 Legislation and Unintended Consequences 38:21 Conclusion and Final Thoughts ----- Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions. |
Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
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