Peter Schiff Interviews Robert Kiyosaki (And Gets Cursed At)

Chris | InformationLiberation
Apr. 08, 2011

Peter Schiff has quite a way of inadvertently bring out the worst in people. First Dick Morris hangs up on him, now Robert Kiyosaki curses at him for merely asking questions. You know someone is a con-man if they can't give any concrete specific advice and only talk in vague generalities. Peter merely asks the guy for proof of concept and Kiyosaki basically flips out on him. Ever notice Marc Faber and Peter Schiff always give specifics and never leave anyone hanging as to their investment advice? It's because they're not professional BS artists but actually practice what they preach. (Granted, Peter is literally prevented by law from recommending certain stocks etc. due to the retarded laws involved in being a registered broker, but if you just use his services they'll tell you everything.)

Another thing about this Kiyosaki character, he acts like he is some capitalist yet his take on capitalism is pure socialist/marxist/leninist propaganda. He thinks it's exploitation to profit through market exchange, he has the marxist idea only one person benefits from trade and capitalism is all about being that exploiter. That's what socialism is about, not free markets based in voluntary trade. Kiyosaki thinks making money is all about currying favor or using some stupid tricks, not producing more than you consume and saving/investing the difference -- that's parasitism, not capitalism.