The reason for Robert Kiyosaki's statement "cash IS trash" IS because of the Federal Reserve (not a governmental institution) printing money to compensate for our over-the-trillion dollar deficit regarding the gross domestic product (GDV). 

That's why nobody likes all you snooty Californians @Chris Mason :-PBut seriously, the state of California has over $400 Billion dollars in debt obligations currently, and is projecting a potential $2 Billion dollar budget deficit for this year.

Hmmm...Reagan tripled the deficit in the first three years he was in office.

Or the people who are responsible for the national deficit?

But, if we followed them, we'd see a budget deficit of less than $100 billion a year, an amount that would be easily replaced by growth caused by tax code reform.

James Wise no we never opened it but we were gonna do a menu with everything under 500 calories using low fat sauces, low fat cheeses and high protein/low fat meats, etc. great idea but have no clue about the restaurant business think I will just stick to real estate!

The democrats have bitched about Bush causing one of the biggest deficits in history by overspending, but none have even started to suggest maybe cutting spending?

The real issue is when we will have to eventually print more money to offset the huge fed deficit.  

GDP will continue to shrink, and why our economy will continue to stagnate (no, deficit spending is not the main problem).

The United States government has a $18 trillion deficit not included infunded liabilities.