Robert Kiyosaki Quotes
In most cases, when people make more money, they get deeper in debt. This is why money alone does not make you rich.
Kiyosaki, Robert T. Rich Dad's Cashflow Quadrant: Guide to Financial Freedom. Warner Books, 2000.
He was expressing his cynicism about deficit spending leading affluence. However, those who advocate government counter-cyclical spending have never advocated constant deficit spending, but have urged deficit spending for specific periods and when the economy has turned around, stopping the spending and reducing the deficit.
This famous address was called his “Atlanta Compromise.” Discrimination against Blacks throughout the South and some of the North was rampant with most Blacks unable to make a decent living or partake of social amenities even if they had earned some money. There was pressure from Blacks for social and economic equality. Washington signaled in this address that Black leadership of the day would forgo their efforts to obtain social equality—symbolized by attending the opera which was for all white audiences—if the society would make gradual and steady progress at eliminating the economic equality. Other Black leaders saw this as a sell-out. See Du Bois {625802}.
Robert Toru Kiyosaki 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.
