Valuetainment - Why Money Always Flows To Millionaires & Billionaires

00:00:00.000 Let me tell you why it's not the rich man's fault. It's so easy to always point the finger to the

00:00:03.280 rich man. It's his fault. Look at this rich guy. Look at these rich people, what they're doing.

00:00:07.220 The rich keep getting richer. It's all their fault. Some of you are not going to like this

00:00:11.780 video, and I'm okay with that. But if you like this video, put a thumbs up, subscribe, and comment

00:00:15.920 below, and share it with others. Let me get right into it. Look, you ever wonder what we learned

00:00:20.780 about COVID? Meaning, so during COVID, we gave away six and a half trillion dollars of money

00:00:26.380 that we printed. The government kept three and a half of it for their own project. Say they put

00:00:29.920 out there about three trillion dollars of money to the people, right? The three trillion

00:00:33.620 dollars that went to people, who did it go to? Did it go to the rich? No. Did it go to

00:00:37.680 upper class? No. It went to middle and low-income families. However, even though that money went to 0.71

00:00:43.480 middle and low-income families, how is it that the money flowed to the same rich people? How is it

00:00:50.660 that the richest of the richest got richer more than ever before? Why is that? I'm going to give

00:00:57.500 you a story about myself here, and it will go, and you'll see what direction I'm going

00:01:01.280 with this. I am 21 years old, okay? 21 years old. I've been running a business. I'm running

00:01:08.320 on MTE. I have no money left except for a $5,000 MBNA credit card. So me, being the genius

00:01:14.960 that I am at 21 years old, I have a strategy. What do I do? I go to Las Vegas, and I call

00:01:19.900 my friends, Freddy and all these guys from Bally's. We're going to Vegas. As I'm turning everything

00:01:25.260 around, I figured out this formula. I watched Rain Man Dustin Hoffman. I'm pretty good in

00:01:28.980 math. I think I'm going to crack the code to blackjack. So I go, and I'm a pretty good

00:01:33.060 blackjack player, but I'm playing aggressive because I'm trying to make up $50,000 to pay

00:01:37.320 off the debt, and another $50,000 so I can start a side business. Look at the genius-minded

00:01:41.140 this 21-year-old kid has who just left the military, wants to be Mr. Olympia, but, you

00:01:45.420 know, wants to kind of find a faster way of making money. I go, cash out, $5,000. Go straight

00:01:51.860 to the blackjack table. I play. I'm going to ask you a question. How long do you think

00:01:55.880 it took me to lose that $5,000? You think it took me a day, a weekend, three days? What

00:02:01.700 do you think it took me? Maybe six hours? 30 minutes. $5,000. Now, you've got to realize,

00:02:07.020 $5,000 may not mean anything today, but $5,000, when you have $100 cash in a bank and you're

00:02:15.500 in debt $45,000, all of your credit cards are maxed out, $5,000 is like a million dollars.

00:02:21.860 Right? It's a lot of money to me. 30 minutes. I go first-hand, lose. Second-hand, lose. I

00:02:27.980 went on like a 15-hand losing streak. That's never happened in my career before, but one

00:02:32.480 by one by one by one by one, this thing goes. I lose the money. In that moment, I don't

00:02:39.180 even know how to describe to you how I feel in that moment. Like, my friends are trying

00:02:43.300 to be nice. They're like, dude, it's okay. You know, we met some people. We're going to

00:02:46.240 go to the club tonight, Pat. It's going to be all right, bro. Don't even worry about it.

00:02:49.060 I'm like, don't even worry about it. I have nothing left to myself. Right? Okay. So,

00:02:53.600 I come back and I'm broke. I'm poor. I was looking for a shortcut. You know what happened

00:03:00.440 during COVID? Here's what we learned during COVID. There's three types of people that were

00:03:04.380 exposed, both positively and negatively during COVID. Let me explain. The first were the poor

00:03:10.460 that got poor. Okay. The second were those who were broke, broke, maybe on the outside,

00:03:18.480 but they spent years changing their mindset and their habits and the broke who became

00:03:24.460 richer. Okay. What do I mean by that? This is the new money. This is people that didn't

00:03:29.680 have money. They took certain strategies. They put their money in certain places. Next

00:03:33.880 thing you know, pre-COVID, they had $28,000 in a bank. Now they got $620,000. Pre-COVID,

00:03:40.000 they had $117,000 in investments. Now they got $1,300,000. Pre-COVID, they were at $620,000.

00:03:45.960 Now they're at $93,000,000. Yes, because they capitalized it during that time. And then you

00:03:51.220 have who? The richest of the riches who just got richer. The guy who was worth $50 million,

00:03:56.220 now he's worth $280,000. The guy that was worth $380,000, now he's worth $1.3,000. The guy that was

00:04:00.660 worth $1 billion, now he's worth $3.8. The guy that was worth maybe $50 billion, who's now worth

00:04:06.900 a couple hundred billion dollars, you know who I'm talking about. What is the point? No matter

00:04:12.100 how much we blame the rich for getting richer, we forget that if you put money through the system,

00:04:17.580 it's always going to flow to the same exact people. By the way, food for thought, if I were to right

00:04:23.940 now, we went through a system right now with the government, and we give a million dollars to

00:04:27.340 everybody in America today. And let's just say AOC's dream becomes a reality. Let's give everybody

00:04:32.240 a million dollars, hypothetically. Bernie Sanders, let's give everybody a million dollars. What the

00:04:36.980 hell do you think is going to happen with that million dollars? Here's what's going to happen

00:04:39.480 with a million dollars. A million goes in, zero, a million flows to billionaires and the rich

00:04:44.380 and the job creators every time. The problem isn't who the government's giving money to or who the

00:04:50.260 government's bailing out or not. The problem is all these political leaders who claim they care

00:04:56.220 about the people so much. When is the last time they got up on the pedestal and said,

00:05:01.120 go read these next 20 books and change your mindset? Because this is what this guy had to do

00:05:07.840 at 21 years old when he thought the shortcut was to go put $5,000 on blackjack and keep doubling his

00:05:13.740 bet. Maybe I'm going to make $5,200,000 and bail myself out. And that doesn't work. Everybody's

00:05:19.140 chasing the next short cut to go out there and make their money. It just doesn't work. So money's

00:05:23.760 going to keep flowing to the right rich people who keep creating value and keep creating net for

00:05:28.120 themselves. And unless you do the same as well, it's not going to happen to you. So if you're

00:05:31.660 watching this right now, like I said, you may say, Pat, I fully disagree with you. Put a thumbs down.

00:05:36.040 I'm okay with that. But if you agree with this, thumbs up, share this video and subscribe to the

00:05:41.220 channel. And if you're watching this, I did a video. I don't even know how many years ago, five and a

00:05:45.920 half years ago. The title is 11 Skills Millionaires Master. If you've never watched this video before,

00:05:51.920 click over here to watch the video. And with that being said, have a great week, everybody.

00:05:56.360 Take care. Bye-bye, bye-bye.

Valuetainment - July 26, 2021

Why Money Always Flows To Millionaires & Billionaires

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