Robert Kiyosaki Quotes
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.
Kiyosaki, Robert T. Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money. Business Plus, 2009.
This is the first major history of banks written in the United States.
COLA means Cost Of Living Adjustment, where wages, or payments of some kind are increased periodically to keep up with inflation. Most of those who call for COLAs do not claim that they fight inflation. For them the purpose is not to allow a particular group of people to get hurt by inflation. COLAs strictly speaking do not create inflation since they are only activated by inflation that was otherwise created. However, they certainly accelerate the inflation just like every price or wage increase during a time of inflation.
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.