Thanks for the laugh

He actually said it himself "I could actually be in the 1% of the 1%" lol

The guy holding his sign probably a 5%.

😂😂😂

Dude...I laughed so hard reading this..like.... bbbbahahahahhahahahahahahahahahhahahahahahahahah Nice lol

Underrated comment

Great comment

Did you realize it is because one can only pretend to be doing another a favor for so long while exploiting them before that fact becomes obvious? If that wasn't your realization you missed.

@doug dimidome Exactly, most of them probably can't even hold a minimum wage job.

You ain't lying 😂, Peter is a good dude! A multi Millionaire that actually cares about educating people. He's one of the Goats

The most employable people on Earth. They love working, they're grateful, and love hard work. (and WOW smart!). lol. _"Instead of eloquently explaining what "MEME" means... he MOCKS Peter. lol._ Imagine if he instead said, _The concept of a 'meme' was first popularized by Dawkins' _Selfish Gene,_ but has taken like 25 years to start catching on. He used it to make an analog of a gene, passing phenotypic traits by Mendelian statistics ... whereas MEMES compete for people's desire to replicate itself through conversations (similar to how genes do but _sociologically_ ) ... to spread itself based on it's competitive advantage. Then, his dummass demanded people listen to his REMEDIAL ideas that he YELLED. Not realizing WALMART plays within the rules the GOV MADE regulating employee healthcare policies. Think about how eeeTARDED-RAY he is ... he has a RARE opportunity to LISTEN to someone that is unlike ANYONE he not only knows, but ever has or WILL know. Yet, he wanted to hear himSELF talk. He flips out bc the EPA or Dept of Edu are VERY bad ideas ... But he never ONCE explains why they're necessary. _"I wanna have a conversation n ax you su'in."_ (Instead of just asking): Via TIGHTLY LINKED POINTS, (SKIP ALL OBVIOUS POINTS) ...That UNAMBIGUOUSLY LEADS TO a CLEAR CONCLUSION. Not ONE PERSON there had that ability. So it is NO MISTAKE that they are resentful, don't know how to make money, and are broke. Running ANY business in which ALL TAXES ARE. PAID TO THE TEE ... is INORDINATELY EXPENSIVE. But look who's here axin fu hand-outs !!! A guy who has no confidence that he could find an email on the internet !!! lol. Guaranteed his EYE CUE is within a SD of at MOST ... 85 (but probably far less).

Churchill the racist warmonger that killed thousands of Indians and innocent German families, is he suggesting we have a non democratic election? yes there are a lot of fools out there.

Wow, just wow. I can't say he was wrong

The Founding Fathers were right to institute a republican form of government. Processes such as voting and elections are vital for the public to express themselves politically, but when it comes to governance, decision making should be based on expertise rather than mob rule. A republican form of governance tries to strike a balance between having the voices of the people heard and having effective governance by technocrats.

@@gregelguapo2661 10 minutes in and I can say he's wrong on some aspects.

exactly, one of the best videos ever

yes sir Vince, me too

Econ 101, yea right, that explains everything. to the simple minded. I could do the same trick with ANY subject at a Trump rally.

@@reedschrichte800 Why do you think you're smarter than everyone who supported trump? No different with idiots who think all democrats are stupid. There's smart on both sides.

Truer even, because guess what, things have gone further into sht and people have gone further into hate towards the wrong people...

I mean I need to facts check him I was listening to me lol

Smart people would ask him questions and get free consultation

Nice assessment friend.

@@SurSpaceley He is not talking about letting big business off the hook at all so what did you just watch? He is actually saying the exact opposite of that, let them fail.

Absolutely!!!!

Kevin Mulloy underrated comment that black guy talk about slavery doesn't let him finish a sentence always cutting him off..... I'm black by the way don't pull that racist card shit on me I'm not talking about u but the others that's might

Kevin Mulloy omg and the old guy with the blue sweating is annoying "your fired" 39:09

Big Boss bro it’s incredible how people act today. People literally can’t see that he’s agreeing with them and on their side, he just wants them to direct their attention to the head of the problems! They just hate on him because either A: he’s rich B: he’s white Or C: all of the above and immediately ostracized no matter what his thought process is lmao

Kevin Mulloy I agree ....most of the arguments in this video or actually enjoyable except for those annoying people either way still good

Patience? He interrupted everyone’s points and didn’t even try to act like he understood. These didn’t look like debates or talk throughs lmao. Everyone was just spitting their opinions with no explanations. At least for the 8 minutes I watched

he still does everyday on his youtube channel

For 50 $ a piece 😁

@@DMC428 don't have to they have these every day (almost) and I heard one guy saying 150k people are attending. if I spent $10 making them could sell it for $11 and become next Warren Buffet

Not a bad idea yano and then use the money to spread the wealth back to those who supported you and then show how e can make capatilism work the way it should without selfishness and stingyness

@@chrismaunder8679 yeah I mean after I get to a certain point I guess I could start donating to those groups' charities right?

@@seniraranasinghe645 no just do your own charitable things buy a wheelchair and donate it to a hospital by food and give to those in need build a place of worship there is many things you can do locally within your community

I regularly argue with three democratic socialists and a communist in a discord server. The communist is probably a troll, but two of the three demsocs are unemployed (one gets welfare, one is living off a dwindling inheritance), and the third works online captioning videos. I work in construction making lower wages than the captioner. They have sources, citations, and some valid points...that sound good in theory, but have never worked historically, and miss the point of my arguments entirely. Funny thing is, they're relativists and I'm an absolutist, but they speak in the most absolute terms and I speak in the most relative terms.

@@dominusalicorn3684 Just ask them: Under which form of governments, did the three greatest tragedies of mankind occur? (greatest mass slaughter) Hitler is 3rd on the list. The number one mass murderer in History killed over 100 MILLION people and not many people even know about it.

@@Reach3DPrintersI've tried. They say that Stalin and Mao don't count because those were dictatorships, not socialists.

@@dominusalicorn3684 ahhhh, but a dictatorship can ONLY function under a socialist system. The dictatorship is the means of of controlling the system. The system itself is the flaw that allows the dictator to exist.

@@dominusalicorn3684 Its not as though the IDEA of socialism is bad. Socialist ideals are wonderful... but the execution of a socialist system ALWAYS leads to problems. The first issue is human nature. People are inherently lazy. If we all were given everything we wanted, and given the choice to get up at 6am and work at MacDonalds... no one would. But someone has to... So immediately you get slackers... then there is jealousy. Then no one works.. and with no production, the products disappear. No more bread, no more food, no one disposing of trash... etc...

Hahhahah

True

They never will understand that.

Some of them do

Yeh but he’s a prick, he drives around in his posh cars and they struggle to pay rent, plus he’s probably old money 💵

prodbysonder - Mark Twain Give credit

@Im MTS Yeah that’s why I quoted it at least. Just couldn’t remember who it was from.

@Christopher Campos That comment was not it chief.

Christopher Campos nice roast home slice.

I find it interesting how people like you just reuse quotes in order to demonstrate your intelligence, while what it really does is showing the quite opposite. I wonder if people like you have thoughts of your own.

except he didn't, and deregulation is actively frying our planet and population through climate change. Last july was the hottest month in all of human history. But sure, he owned the libs right?

Absolutely, this should be shown at university as well

Clowns

It would probably give us another 300 years

No, they shouldn't deceive kids like that. This is nothing but hate speech against the government without giving a full picture of why the government had to put in regulations and minimum wage..... and he lies about taxes being higher now than in the 50s....

This is exactly why we don't. Government wants the people dumb and numb. It's in their interest for people to think that bigger government = better government even though in reality it's the road to ruin.

Jake Steelman they do

@@heretic124 This was exactly what famous millionaire robert kiyosaki said in his speech that broke the internet. Schools teach you to become tools of society, they don't want you to become good with money...only good at your potential future job

@@heretic124 You have to pass a financial literacy course in most high schools in order to graduate

This is exactly why government funded public schools and government guided curriculums DONT teach finance. They teach you how to be a worker, a laborer

Amen, when people realize this is the time tey can move forward. Unfortuneyl, the parties pit everyone against one another for votes.

Same. When I was 20 I was in a mess. I thought the world owed me everything and I even ended up in prison at 22. I'm 27 now and bought my second house in cash last year after getting a proper job. These idiots really need to start thinking for themselves.

No doubt! Me I'm brotha

Same.

mrdojob amazing turn around sir, you should write a story or talk to ppl that are in your position you were before.

I agree, this video showed that a lot of people do not want to change their mind and believe they should have everything provided for them. Thats probably why these people have so much time to protest, they've been unemployed forever and expect hand outs from the government. Especially the v for vendetta mask guy. He had the most ridiculous arguments of anyone. And in some sort of stockhold syndrome was praising the government for ending slavery lol, the people that originally sanctioned it, and talking bad about the corporations that would be able to provide Healthcare and good wages to a loyal and hard working employee. I don't think he has a job.

Peter walks the talk… I disagree with him on bitcoin but his overall philosophy is sound and highly respectable.

Peter is full of s***. I have even challenged him to a bet and I'll go anywhere 25 50000 with everyone's he never paid 55% in taxes on a business that he owned it's not done like that you have to be a f****** idiot to own a business and to put yourself down for earned income he didn't do it. May I suggest you get it was he took dividence what's your taxes 15% Sony her shift from the guy. And if he doesn't like what I say he can come and make a bet with me and I'll prove to him and I'll take his money

@@robt3407 As bitcoin goes to 20k from 60k lol

I'm not that smart either, but I gotta say - everyone knows this from intuition - there is a part of human demographic that are just not intelligent nor wise enough even for a minimal standard of living in a capitalistic society. Maybe the sentence could be written better but you know what i mean.

It went up a few %

@@nocucksinkekistan7321 Exactly!

Way better too

Trend setter

Isn't "change my mind" the original? Pretty sure this came out after...

This was made in 2011

Way better cause he’s respectful and is open to ideas and let’s other people speak.

Exactly what I was thinking

Exactly what Peter Schiff is thinking as well see at 33:42 in the video below: kzfaq.info/get/bejne/hbFircqWr7K6p4k.html

@@AndrewSmith-pn2qc man i was about to comment that

Good

Good.

Truth

People did listen. At least the people in power did. 28:13 - "The regulation we want IS the market. That's the regulation that works. When governments try to regulate, it screws it all up." For the past 3 presidents, we've been giving corporations all the power. Now the divide between the rich and poor is even bigger, a few monopolies control everything from food to tech to media. Sure is turning out great /s

Right here with you

I watched this and felt bad for everyone who fell into the trap this man laid.......

I want off the ride now please

I wish he listened more instead of always trying to steamroll conversations. He employed a typical disruption technique of constantly interrupting as they're talking to disrupt their train of thought and try to direct the conversation where he wanted it to go. It's a common practice by people who want others to think they're smarter than they actually are.

Except.... he's not teaching them, he's deceiving them. It's because of Capitalism and businesses not doing the right thing that forced the governments hand in creating regulations. It came full circle, but he only wants people to focus on the government. Why? Because all he truly cares about is making more money himself. He cares about HIS profits. If he actually cared about the people, he'd pay employees more and take less money himself. If he can make millions himself, then there's no reason he can't pay employees more, which in turn gives them more money to spend on items, which helps the economy, which makes business owners more money, and it cycles around. But the rich of this era make excuses for why they make billions and their employees can barely make ends meet on minimum wage. It's a con job, and it's easy to fall for if you can't see through the deceit.

Lol I guess you missed the part on tax rates impeding business growth…. You must of also missed the part of productivity per unit of labor…. Of course he’s worried about making more money himself. He mentioned that. He employs many people (of whom you do not even know what they’re getting paid). Would you rather have a few people make more? Or pay many more people the wage rate per unit of time that competition allows in a capitalist society? There are plenty of reasons why he can’t pay employees more, he just listed them out in the video? Also, minimum wage does not equal livable wage… minimum wage is exactly what it says… the minimum in which an employer can pay. Typically these are low skilled jobs. You build skill and acquire knowledge that you learned by entering the labor force presumably at minimum wage then you take what you learned and you advance your career. Poverty is not stagnant. It does not consist of the same people. People move in and out of wage brackets all the time. I’m making a hell lot more money now than I made when I was 21… do you see what I’m saying? I don’t want to be rude, but you’re really clueless on economics of a capitalist society.

@@inthemaking9714 Claiming tax rates impede business growth is a bullshit argument and not actually reality. They claim it's true, but it really isn't. If the business itself and the people at the top are making millions/billions, then it's just not reality. The 50s that he loves to talk about as the golden era of Capitalism had MUCH higher tax brackets than today, and that didn't impede any growth. The minimum wage back then was higher than todays minimum wage when you adjust for inflation as well. Minimum wage back when it was introduced WAS a liveable wage. It's only in recent times that it became so low compared to the costs of living that it was no longer a liveable wage. I believe it was around the 80s where minimum wage adjusted for inflation to today was around $14. So.... what happened? It wasn't taxes, because taxes dropped. It can't be regulations because businesses continued to make more and more profit. So, what was it? The simple answer, it was greed. Companies realised they could cheat the system under Capitalism and they could massively increase the costs of their services, without increasing wages, to maximize their profits. They realised they could monopolise their areas of business at the expense of everyone to increase the wealth of those at the top. Regulations keep being added because businesses are NOT doing right by their workers. Businesses have FORCED the governments hand in adding regulations. Back in the day, they didn't need so many regulations because businesses weren't taking advantage of everyone else for their own profit AS BADLY as they are today. It's BECAUSE of Capitalism that life is so expensive compared to wages in this era. Capitalism unchecked leads to greater and greater wealth gaps and more and more people in poverty. Oh, and by the way, there are most definitely areas where the same people stay in poverty and can't get out of it. There are whole communities that have to live like that. There are many reasons as to why it's happened but that was a foolish comment. Sure, there are some that move in and out of poverty, but there are still a lot that stay in poverty and no amount of trying to move up the ladder works for them. Just because YOUR situation isn't like that, doesn't mean it's not like that for others. That is a concept that both you and Peter fail to comprehend.

@johnnysoccer1983. It's very obvious you don't understand basic economics. AND you're spouting typical uninformed socialist propaganda about the "greedy" businessmen. Making an emotional appeal to get other misinformed people to agree with you. YOU are the one who can't see through the deceit of years of basic, basic economic misunderstandings.

I agree. 21:11

Dang that’s hott

True. But then I wonder if we agree on who was most guilty of that in this scenario.

yep instead of listening to the businessman who knows more about economics than everyone there combined they interrupt with cheap punch lines, but well they are blinded by their hate. We are all humans after all.

@@papipalinka3991 Why is it you imagine he knows more? Because he is rich or because he is educated? Both are conventional elitism by the way and neither is valid.

ArtbyLuke so is Schiffer though. He isn’t there to change a single thing about his views

@@User-wt9jk we got a libtard here!!! why can't the socialist retards change their views? typical hypocrisy.

RealitySpill the opinions by the protestors were all retarded and misguided views. Schiff shouldn’t change his view because of these ppl no one made a compelling argument. None of them understand anything

@@User-wt9jk To he honest, Schiff gave points that are, if not already factual, actually considerable. However, most of the other folks in this video, the majority, kept giving crap, and what's worst is, they try to use big words (not really big but you get me) but when schiff dumbs it down to them, and they get to see it with clarity, they become clueless, and get all hissy because they're trying to save their "pride"

@@User-wt9jk what are you talking about, being confident about your beliefs and LISTENING to the other person are completely different things. Schiff would respond to literally everything that a person said, even if he was being interrupted in the middle of responding, he would change his answer to address the latest thing which was interjected.

The nature of humans

So true. I agree totally. Great comment.

In New York you have a lot of sick people, it's a hole of despair.

Exactly especially the black dude that came in at 30:00, i lost count how many times he cried "let me finish"... and to top it off he had the audacity to call the succesful businessman a FOOL/IDIOT? XD

Hopefully they rewatch this video to understand how much value there was in what this man was saying.

Thats sadly accurate lol

Why is this so true.

so true and twitter

Looks like a crowd full of people who have no idea who they are mad at, so they blame successful people and companies on Wall Street. To all those angry, uneducated idiots...go buy your Big Gulp and your pack of cigarettes and go to whine to someone who cares....maybe a support animal ?

E Stolee yupp the people who have positive comments don't usually flood the comments, the negative comments are everywhere

The point is, that Peter is very aware of this....and yet he does get in the :arguement" with them, pretending to not understand what the problem with the financial/ political system is.

@ProsoxiSxoleio. He's trying to explain it to them

Lmao literally not even 5 hours to get a firm understanding that most “financial experts” only understand money as far as they can make it

EM P I can tell you’ve played MapleStory 😂😂😂 me too

Spiritual Hunger so happy somebody else said it and I wasn’t the only nerd who thought the same thing hahaha

And feral dogs

@@pllthetrgrrr2825 Doo, doo-doo doo doo, doo doo-doo doo. Doo-doo doo-doo doo-doo, doo.

When youre level 200 and youre trying to explain the best route to beat the game and all you get are angry level 1s

That’s why he’s a %1er

He doesn't. He thinks to be smarter than everyone and speak like a messiah sent to teach the truth. He doesn't listen.

@@Theactualstoic LET HIM BARK

@@Theactualstoic I don't hate american, it is a beautiful country and I have many American friends. This country does very bad about social security however.

He really has some psychological endurance

do we really? :)

And geniuses dont argue

@@MoLassessss He was not arguing. He was just trying to explain the real issue.

@@MoLassessss yeah geniuses like tesla who gets al of their achievements stolen, they don't argue or debate

@@Arthur-rx7rw It’s easy to spot the genius in the comment section

Schiff is doing this for the audience watching the video, not the stoners in the video.

Tax is irrelevant. Commissions is the answer. They re termites who eat through businesses. Schiff wealth is hilarious to me. I could buy and sell him many times. That being said he’s a criminal and he hasn’t been prosecuted

@@johnrobinson1762 almighty john robinson of youtube, he who can purchase peter schiff and sell him many times by way of slave trade

@@vanguardofflame9734 lmfao I was thinking the same thing

@SCOOPTEAM ENTERTAINMENT you can't fix stupid

yeah lets kick his ass cause we dont agree and hurt our feelings!! xD

@@iqris8383 your father sounds like a wise man!

Man allot of these people were just wasting time on a garbage personal spew

eSPECIALLY SEEING HIS SUCESS IN LIFE!!

Yes! I know right!? Peter actually cares enough to do it.; He's the GOAT

Money buys patience and happiness and sex and drugs ;P

lol. Also, he hired the other guy to talk on his behalf.

Hi, you have lots of likes, and few comments so Imma hang from it ykwim? I want to put a point that could totally be wrong but so what at least I’ll learn. The university of Virginia is 50,000 out of state tuition!! Lets just look at in state to be fair $17,000, in Mexico the top public university charges about $1,000 dollars a year, people in Virginia make way more money, but not 17 times more, much less 50 times on all other states!! And thats the top school, some public schools charge $300 dollars and $500 dollars a year, yes they make less but not that much less, a country like mines, Mexico should not offer such cheaper education and opportunities than this great country, its still worse in sooo many corruption issues than the US Ik Im not saying Mexico is superior. Im saying America is just never gonna be truly great with tuition rates that high, they need to be wayyyyy lower, the man is right it should be considered a national embarrassment that students have to pay so much more education in the country of opportunity.

Nice🤤

Rotfl! What a twist!

@@RobertoVelazquez-nb6qg I work in a lab with $500,000 worth of equipment and precision tools. Colledge is a business. I see no problem paying $1,000+ per class with the access I am allowed.

Republicans are criminals

comment of the day

wait..but facts

Best comment award

Bronze

Actually, no, Challenger vs. Wood League

many of these people are so emotional and upset over basic economic principles that they seem to not understand

Loool

😂😂😂😂😂

His premise is so stupid. Wall street does bad and goverment helps. therefore get rid of govt so that wall street can do bad even more easily.

omg haha you're the MVP

@@edz8659 You sound like the people spouting off in the video without listening to his words. He repeats again and again that he's not for "getting rid of government," but rather downsizing them, taking away their power to GIVE power to the fat cats, and having them refocus on what their SOLE PURPOSE is to begin with, which is protecting the people and the country, period. Of course the government helps some people and businesses on Wall Street! He says so himself -- did you not listen? However, wasting time and energy on occupying Wall Street is the exact same thing as treating the symptoms of cancer rather than the cause, which is Washington, DC. If anyone looks to government to lead them and provide for them, then they deserve the slavery that inevitably awaits. I'll not be a part of that, myself.

That man yelled at him for an email address so he could get a loan from him?

exactly. ashame that people protest an issue that they know absolutely nothing about, and this happens more frequently in our society as the years pass.

Pretty much

People are ignorant and it's irritating

?

i know hahahaha dude i wanted to throw up so many times! im a very hopeful person and this really made me scared for the future. hard to watch!

I'll suggest you find a mentor or someone with experience to guide you especially in this recession.

@@zoeytank2921 You will need a strong FA to help you through the current market turmoil. I've been talking to a coach named Maria Juliana Ramirez for a long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

@@graceocean8323 we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

@@hannahdonald9071 My Financial Advisor is MARIA JULIANA RAMIREZ. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I plan to call her after doing a quick internet search for her.

quality comment

@The Horrible so you’re saying it’s irony in the sense that he’s trying to offer valuable information as though people are ready and willing to converse yet Wall Street of all places contains the busiest and least inclined to listen?

Very guud communt, sur 😘

Fuck it lets just learn the hard way

Ow lol

Tom Khankin 🤣🤣🤣🤣🤣

It hurts so much

I could only handle 20min and feel the same way for sure

I'll help you get that 10% back.. wake up tomorrow and create emense value for the people around you (psychologically or monetarily) . Shaazzaaammmmm ;)

Especially the guy at the beginning of the video. Never seen that kind of stupidity.

human potential wasted is wasted every day at least 60% of people suffer from it and dont Improve in live people should improve slowly their whole live but hate and negative thoughts make this difficult and even stop progress help people out by listening and talk what you thing and be more positive than negative

School is a problem for the most part because people dont want to learn after school themselves because aging school made them do it 6 or more hours per day since childhood with many things people aren't interested in

Herd of average Democrat voters

Average IQ of 75 at best!

Lol c’mon. Too harsh (but funny)

Hahaha

I love you

You know they are fucking high when they keep telling him to open his mind

@Blake Its not possible to open a mind fixated on gold and silver. It is this fixation that the capitalist use as an ideology to keep the masses of working people chained and sleeping. If you can be convinced that "It's Miller Time and You Only Go Around Once in Life." than you are much less likely to protest the chains capitalism requires that we wear everyday at the capitalist's workplace.

cuz memes don´t bring you anywhere and don´t make you rich.. go watch and laugh about some memes, and stay poor on the internet

@@FilmSelect lol

@@FilmSelect tell that to pewdiepie lol

@@jaxramse5682 pewdiepie is only worth 20 million.

@@FilmSelect Yes, go do that, less competition against me.

He would get attacked and possibly killed if he did this today

@@diorblunt Absolutely. He’d be called a racist and strung up and hung. CNN and MSNBC would praise the murderers and call them saviors of the people.

@@diorblunt why? why are you scared? they want you to be afraid of telling the truth. don't let it happen.

@@mcnello420 why? what are you scared of? don't be afraid of telling the truth.

It probably just takes a security detail.

Literally frustrating seeing the density of some of these people lol

He calls poor people greedy....for asking enough to afford clothes and food

@@mack4098 oh, does he? I didn't hear that. It's good to afford yourself clean clothes and healthy food, that's for sure. Anyway, maybe the so-called "poor people" are greedy and that's why they deny themselves. I notice there are different levels and realities of poverty or abundance that individuals access in life, and it's not always as it seems.

@@mack4098 you're a special kind of stupid lol

@@mack4098 Typical Leftist,all talk and name calling no facts or doing

Agreed

Lmaooo exactly a fool calling a man leauges more successful than him cant be calling this man a fool especially when be was very disrespectful

@@metalreignz6557 my eyes couldn’t believe what I was seeing on the screen 😂

@@jayfinne626 i wager my check he got a tent n smokin glass hahaha

@@metalreignz6557 I don’t wanna take the other side of that bet cause I’m afraid of the answer sir 😂

@@jayfinne626 lmaooo given how dumb he sounded its a safe bet

He does but he doesn't want to say it into their faces.

I think he wanted to enlighten the uneducated.

How about it. I love being validated by these videos so I can come on KZfaq comments and tell everyone how smart I am because I agree with Peter Schiff...

I give them props though for at least trying to have a conversation instead of the hostility you see from protesters today

Even if he explained it as if they were children they still wouldnt understand

To be fair, I believe making about 456k a year is being in the 1%. Someone with a really good job could qualify as the 1%

@@diamondstrings5212 i don't think so... if you don't mind your own business you won't ever be rich, ( this is a reference from poor dad rich dad ) having a high paying job doesn't mean anything if you don't have financial literary

@@diamondstrings5212 That is the 1% of income, networth is what gets you into the 1% so you have to invest to really be in there

@@captainrooster9214 Anyone can invest.

@@anthonyy_vivid5438 Statistically, you are false

That’s a great comment haha

😂🤣🤣

Too right. Most of these creeps look like they have trouble thinking and breathing at the same time.

Wait the rock is in the video.

@@ricchburglar if you look close enough

This is exactly why we've devolved. OWS was legitimately threatening to those in power. So they had to nip it in the bud by injecting identity politics into the movement. Now the same financial institutions we used to protest fund groups like BLM and Antifa. Main street gets destroyed, Wall Street business as usual.

Isn't that crazy? This video was less than a decade ago and if someone in the 1% tried to do this today, they might very well be beaten up and ridiculed. (Obviously it would depend where in the US they chose to try this)

@@paulc7138 This was filmed in 2011.

Ikr

@@haikat4 The message still stands.

I was about 22 when this all went down and trying to figure out what was real and fake from my government education. Could tell you were wrestling with the same thing. Our generation is the only one that can raise our kids and educate the current crop of college kids. It's up to us to speak up

Lmao no. The ignorant jews followed the conman named Yeshua

@@toohdvaetihom7088 Speak like you have some sense

I honestly blame the education system. This is what happens when people do not understand economics or finance and how it ties in with economics.

@@mikeyc2963 I agree 100%

but he shuts down the people who wanted to have a conversation and were actually being respectful. like the black guy in the red hood. its like its peter trying to win the argument which he certainly was winning if you look at it in terms of who was right.

@Moses sad part is even a private is the same way. I'd rather teach my kids real world skills.

Can’t speak wisdom to the fool, that would be like stopping the ocean with your hand. Schaffer’s is a very intelligent person and has some insight on the mechanics of wealth but unfortunately his audience is not receptive.

For real.

And that’s why he’s successful and they aren’t

It's rare these days. Leftist go insane when people don't agree with them

Most of these people come off having some mental problem

@@duvaughnkelly6947 kinda disturbing ,how does someone explain something so clear ,and like you said they just keep coming up with crazy what ifs.

@Tobirama Senju capitalism is not wrong. My dude. Making 60-70 a year isn't bad. Hell I was working 10-14 hours a day at done jobs. But when I saw my paycheck (keep in mind while in college) I was happy. It's nice to see my hard work pay off. It allowed me to invest, buy a car, pay for school. Do the Things I wanted to do. So tell me, what's wrong with that? I'm not saying everyone will have my situation, but most people don't want to work. You think that people who work 40-60 hours a week are poor? No. The people who bitch about this are the ones that are uneducated. Just a simple fact. I love capitalism, it's not perfect, but you now what? At least whatever I give, I get my share back. Something that will never happen in socialism.

Tobirama Senju that’s their fault for working that hard and not investing and trying to get ahead. America is the only country you can be born in any position and make it to the top. You’re just making excuses.

Tobirama Senju you should work overtime and work as hard as you can until you have passive income from your investments but most people lack money management and skills like that which is good because we don’t want everyone being rich.

@Tobirama Senju what...??

@Tobirama Senju capitalism hasn't properly been around for decades so what are you on about??? Try watching the whole video and Peter can explain it to you

Priceless quote. Thank you

Winston was a fat spoiled drunk who listened to Rothschild.

@@BluePlanet1337 Study history! The execution of Socrates, Jesus, and the raise of Hitler are all by democracy. Founding fathers made the US a republic not a democracy.

@@BluePlanet1337 "Indeed it has been said that democracy is the worst form of Government known to man... except for all those other forms that have been tried from time to time." -- another Churchill quote about the same topic.

😂😂

Yes, that's the herd mentality. They just follow the leader, no matter what, either to go to a demonstration, to a war, to a voting booth, or anything else.

yeah they act like theyre preaching and then they realize they aint know what hes talking about and pretend to lol

right on the point

@@Will-nt7ju then they cut him off or misunderstand his argument when he proves them wrong

Thats a shit ton of nickels and talking over, yeesh 😬

Well Poverty is the problem...

Bingo!

This country is the problem with this country. It's all going exactly to plan believe it or not... From education to indoctrination, we're right on track.

GREED AND SELF-CENTERED PEOPLE ARE THE PROBLEM

Probably half the people under 30 were college grads, that was the point. Hey I graduated, I was promised a job and a blue ribbon and a nice salary. They are educated, they wee just brought up in the American atheistic worldview. They can’t produce nor function.

@@earlaweese What in the actual fuck are you trying to say

Thats what government school is for, along with the cult-ure which causes severe retardation as seen with these people unable to grasp simple concepts when pointed out perfectly. The only way the ruling class can rule over the masses is to keep the masses in confusing and obfuscate the truth.

Sounds crazy for you, for the government it's gold mine, keep people dumb so they cant speak up

Right?! It’s scary. Maybe I’m bias, but most of what he is saying is just common sense. He is incredibly smart and knows what he’s talking about, but people need to LISTEN. The government is so damn corrupt, the dems really know how to dumb down society and pander to them. I’ve taken business, economics and accounting classes, and my family owns 2 small businesses. It is so, so much more than people realize. The amount a small business gets taxed is HORRIBLE. We DESPERATELY need to shrink the government.

@@Taylor_mamaof2 that sucks :(

What DO they know about Capitalism? The know huge corporations that receive tax cuts offshore their labor to socialist/communist countries to keep their profit margins high. They see "Made in China/Mexico/Vietnam/Taiwan on everything they buy and see it being defended by idiotic dotards that wave little flags and speak highly of Capitalism. They know undocumented laborers are supplying the food they eat. They know the tax cuts that sent our deficit sky-high only got dumped into corporate buy-backs instead of raises and new job creation. They know when bulls rally on Fed rate cuts, their payments and prices are rising soon after because of inflation. I'd say they know plenty about Capitalism.

These people don't know what 2+2 equals.

Basic economics: Capitalism is when government doesn't do stuff Socialism is when the government does stuff

@@JohnDoe-yf4io from that, you're saying we are in capitalism socialism

@@Weebwhacker corporationism. When corpprations lobby gov to do certain stuff they want. We live in corporationism.

Don't forget the double tax! They tax your income then you pay more taxes when you purchase anything after that, gotta love Uncle Sam /s

So true.

Bah not true at all. France has one of the highest tax rates in the world. Same with Canada. I wish I paid that tax you pay.

He owns a lot of security company's so probably

@@xcubecolt5705 i think he owns like stock security not actual security companies

Libertarian lol

He doesn't need bodyguards, he can defend himself with those flails hanging between his legs

Many here are young. This was a different time. Before the craziness of Antifa. Before mass hysteria. Before the word "triggered". Guys, we were all desperate and wanted answers. Many were clueless. Occupy Wallstreet (with all its flaws) was the last protest that deserves any respect.

Like a monk.

Yes agree! What a complete crowd of morons, sadly.

I would have flipped out talking to these guys

Much Equinox lmao if peter were to communicate with these fools now, they would have killed him.

He knows there are cameras that’s why His audience is 5mm not 50 It would be easy to be in his shoes honestly

😂

Exactly!

LMAO

I swear, I have seen this in the South Park.

❤️❤️❤️

Right that guy didnt even deserve the free education he got let alone a freaking loan

I think there's a misunderstanding here, there was a reason why he wanted to be the last person to speak to Peter because he wanted to actually talk business and not have it all on camera where people like some of you individuals are going to ridicule him for doing something all of you are likely to cowardly to do. Also whoever talked about the man's education being wasted, fuck right off because first off that man's education was likely worse off simply because of his zip code which is bullshit. If a person can read, converse, and do basic math the education did their bare minimum of a fucking job. If our education was even half decent all of these "liberals" you're so quick to mock would actually have an understanding of economics, taxes, business, and how the Fed sucks ass. Rather than having to find individuals on the internet like Peter to actually educate them.

That dude that ask for the loan was on a Crowder video the change my mind Guy he sat down in one of his videos recently because I watched that video first and then saw him here with Peter Schiff I thought I recognized him how is it the all the same people are always showing up at all these places even when there's like the shootings or whatever you see the thing where there's the same people involved in completely different places and come to find out a few of them were actors like as in had an actual acting past

👆👆... Haha inbox me right away 👍...

Agreed I watch this when I’m bored

Jan Vincent , nailed it!!!! 😂🤣😂😢😢😢

kzfaq.info/get/bejne/iL9ghZN_1a_IgYU.htmlt40m35s This guy tho "Polyester! Polyester Pig!" 🤣🤣🤣💀

I think the guy with v for Vendetta mask won

I am not a ramp for you to do an Ollie in front of your camera.

I'm 16 minutes 14 seconds in. You're saying it doesn't get better? Oh boy

The early black pigment guy had some good points, he just doesnt realises that capitalism is what fixes it. I understand that some enterpretaneurs are indeed greedy to the extreme that they explorate who works for them but they need to realize that we live in a global economism which who is in the lead will go with the cheapest option to make theire business suceed and if chinese have low cost labor and USA doesnt then China will earn from it. The only way to a equal personal lifestyle change amongst all be a thing is when the world by its all decides such happen as so all would work/study for the thing they would be part at and not for money itself (but for that the superiority status of certain jobs most end and to be fair its mostly impossible the world decide give everyone the same opportunities of living).

That bs that the black gut with the anonymous/vendetta face spoke, that he would pay 50 bucks for a usa made shirt instead of the same shirt in any other way rather the 20 dollar china made price tag one is pure bs. Is like saying that all USA would pay 4k instead of 1.5k for an iphone, i bet that they would even riot about it if the overseas made ones where sold outside USA for 1.5k and at the USA the exclusive made there would be the only ones avaiable to purchase at a 4k price tag in the country.

It's cause you need to open your mind

That would be nice for you but then how would I pay my college without your taxes that pay for my college?

@abolisher. I know you're joking, but for anyone that doesn't know the answer....the answer is you don't go to college. You get a crappy job, save money, learn skills, and get a better job. Then you save even more, and decide on a practical degree that will actually push you forward on life, and not just an excuse to party for 4 year. You pay for it with the money you saved working hard, and with the new money you will make with the even better job you get with you're degree. It's called responsibility.

SJWs in a nutshell...

@crisb8713 If the so called "real debate" is in the video, what's your complaint? LOL

crisb8713 well some of them are

so does peter himself to be honest

LIKE SPEAKING LOUDLY SO DEAF CAN HEAR OR EVEN BETTER BECAUSE THE TWO SIDES ARE ON SUCH DIFFERENT WAVELENGTHS LIKE TALKING ENGLISH LOUDLY TO A FRENCH PERSON

He's making more money per sec than all those people. He should pay them to talk to them says the capitalist

Again no one hates rich people. We just hate the corruption in our Democratic system. Citizens united is one example. Revolving doors. Etc. There should always be rich people, just don't tamper with the Democratic system, let it truly be democratic.

@@luisanthony428 I get your point, but what happened here is the guy wanted to have a chat with the people, and everyone imediatley started yellig at him... Some even accused him of being a racist. People got super toxic coz he was rich. Litterally only reasson.

How dare he work hard and make a lot of money >:(

@@luisanthony428 Socialism would be truly democratic. Think about a society where every big business transitions into a worker co-op where the business is run democratically by the people who work there. in a system like that, there would be more accountability for these businesses rather than them being run in the interest of one person. Automation has been an increasingly severe problem in the job market because a CEO decides to cut the cost of labor by replacing workers with machines. if these businesses were worker co-ops, then the workers would make use of automation to make work light/quick.