Peter Schiff Interviews Robert Kiyosaki (And Gets Cursed At)

Chris | InformationLiberation

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.

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Comments 1 - 2 of 2

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Limbo

Posted: Apr 09 2011, 5:20 AM

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I wanted to see Peter punch him.

What a vague annoying clown.

Tom ACP

Posted: Jan 01 2013, 12:07 AM

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I own (paid for, not pirated) and read books by Schiff and Kiyosaki and like each for their different perspectives.

The above comment makes no sense, and the video description seem to attack Robert Kiyosaki without having any understanding what he is all about. Peter Schiff punch Robert Kiyosaki? In the context of this video, that's like the student punching the teacher simply because the student hasn't figured some concept out, and is frustrated. Kiyosaki as a parasite? Sounds like a comment of ignorance, akin to labeling anyone who invests in anything with any expectation of financial return as a parasite.

Peter is clearly frustrated at not having Kiyosaki's tax understanding, that's why Schiff frequently interrupted. It was obvious he really wanted to hear more about Kiyosaki's points, and yet didn't have the patience to wait for Robert to finish. And to set things off badly to begin, he wasn't finished reading the latest book of his show interviewee.

Schiff made a bit of a mistake bringing an author guest on the show,, without having fully read the latest book.

Ps. This is written on an iPad, sorry for any bad auto-correct typos haha.

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