THE CASE AGAINST EDUCATION
Most people know they should invest. The problem is that most people have been brainwashed to believe that investing is risky. The reality is that it’s not investing that is risky, its the investor.
In today’s economy, it’s much riskier to rely on your employer for your well being than it is to become financially educated and to invest your money wisely. It’s also risky to put your money in the bank and collect interest that barely covers inflation…and if inflation really takes off, you’ll actually lose money. In other words, if you are financially educated, you can build a pipeline of cash flow for life by investing—a pipeline that produces cash in good times and bad times, in markets that both boom and bust.
Listen to today’s episode to get an insider’s look at how the education system rips off taxpayers and underserves students—when it comes to financial education. Bryan Caplan joins Robert with a revealing look into the college system.
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46 Comments
I agree that school system should be revolutionized but things are easier to said than done. Like he is saying.
Maybe we should destroy all schools and go back to Stone Age.
We should destroy all books since they are not of any importance! 😅
And since schools are so useless, we should also reset all minds the teachers have "destroyed" back to zero. Then we can take on from there.
JESUS LOVES YOU ALL ❤
I love how robert absolutely schooled this school professor HA
What dose Robert mean by Alexandrias mother being a real estate broker? 37:15
College and University show and teach you instructions on how to be successful in the career you want. Doesn't mean you graduate from university or college you are fully successful. You have to stand up on your chair and prove it once you graduate. You finish college and university you have the diploma or degree but you don't have a job which is a problem. All your investment in yourself is useless and all your loans and debt will kill you.
"Every time you invest for yourself always find a way to get a return."
I am in college right now and I don't feel it is for me because it's just about study and give exam . Although my subject is business but they are teaching to work under somone else business and not build your own .
I’d liked Kiyosaki more if he didn’t have that Bimbo next to him yapping.
Robert any chance you could have Catherine Austin Fitz on your show?
Bingo… “I was trying to learn it instead of just memorize it”. Some of the dumbest people I’ve known have degrees. Great job Miss Gonzalez on learning it!
“Jesus Brian aren’t you an economist” 💀
Let’s get these young kids to learn
I absolutely agree with u Robert these kids are screwed I got my kids watching all this
This guy is great 👍🏻
They’ve started ubi in wales on young care leavers 🤦♀️
That’s awful ur phd dad we love ur work 👍🏻
Poor hell yeah
They should all be in prison for the teachings of bullshit
11:32 Actions really speak louder than words ever could xD
Wow. I like this guy. What an amazing show. He's so optimistic. But, I will say, the role of counter-party risk, is one that should be minimalized. I think no matter what Kaplins strategies are, his attitude can power him through, and that is something most people are missing. Great show.
Once I heard diversify and stocks I thought Robert won’t like that answer 😂😂
Hi Robert,there needs to be a online for kids Yes Kids every were to see . These days it’s Online. Teacher s can’t hardly make it themselves so they need to be educated. And you and another specialist need to probably do this . Because this generation needs to understand. There very smart . Let them be Smart . Unlike formal schools. I won’t get into it but enough enough. These Governments there line of effortless people that like pide piper . So how about this . And make it on ether zoom or talk back . Life will change if we decide to do this. Thank s 🇦🇺. Schools are controlled. You know that . Write ✍️ book them asap . Easy very fun way do this . You be there future. And see a more wholesome human being s ‘ . We need to protect our kids . In all this . We appreciate you.
High savings lol 😂. Think he having a go at all us
Man they had me in choir and art class and i cant sing and i suck at art but i did wanted business classes
Damn this guy on the show just doesn’t get it! Invest in a diversified portfolio 🤣 and save smh
I wish I knew this in high school and wish I can present this in school!
It’s ironic he said Pink Floyd he should have kept his mouth kept his mouth shut about the other Floyd.
Thank you for this interview.
I tink since the 1st question when Robert asked if he is an economist he should had figured it out his mentality 🤦♂️🤦♂️
I have attended Bryan Caplan's public lectures where he had the time to lay out his argument about the current problem of higher education. Is too bad that Robert Kiyosaki did not encourage him to elaborate further on the premise of his argument.
It's easy to call someone a fool, but something to take into consideration is most poor people may not even know about Robert Kiyosaki or others. Also, many people are too poor to even think about going to school and the only thing they have is the school system or the beliefs of their parents. I was lucky enough to stumble on Robert and it was by mistake at that.
I loath the education system. I love education, just against the corrupt system.
Robert ate this guy Alive! Save diversify? 🤦♂️🤦♂️wow… I love it lets just say this. This episode was hilarious 💜😌
Bryan Caplan is a genius but he could be better in many ways.
Bryan is one guy who made me really thinking of anarcho-capitalism
School is the advertising agency which makes you believe that you need the society as it is.
— Ivan Illich, Deschooling Society
We don't need no education!
Currently getting my bullshit degree right now I hate it!
Really thankful with the information that has been provided, also the different mindset presented was pretty interesting . I am struggling to get into college and pursuing a major, but my goal has shifted.
So good!
Robert, thank you very much for writing Rich Dad Poor Dad. I got alot out the book. The book changed my view of money and what assets really are. I look at everything as either a liability or an asset. That includes people as well.
I'm glad I never persued a EE BS degree. My plan was to go part time but It never materialized. I was trying to meet with an advisor on required classes, but the could never get a response. I think the reason was because I was going to go part time. Part time students don't bring in big money into the college.
Besides, people always throw their college books. I have a nice collection of math, psychics, engineering and accounting books. I keep these books as references.
This guy was talking the opposite
Its obvious Bryan is not educated on investing.
Get him Robert!!!
Self education is more important. At school you don’t always learn