Joe Rogan Experience #1002 – Peter Schiff

Peter Schiff is an American businessman, investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc. He also hosts his own podcast called “The Peter Schiff Podcast” available on iTunes and at

31 thoughts on “Joe Rogan Experience #1002 – Peter Schiff

  1. There is a fundamental difference between money produced by productive work, which in my opinion is a virtue and net benefit to society, and speculation. Speculation is the parasitic livelihood which Peter Schiff pursues. Speculation is not only a drain on the productive classes, but is predatory and repressive. I know, that's just how things work, I'm just envious yada yada.

  2. Btw peter schiff is a disgusting human being. I like the fact that you invite and talk to him Joe but you don't oppose anything to his arguments (except first 15min) and I don't understand why.. Usually you oppose some arguments even when you agree, which I doubt about several points here. That makes Schiff look smart and be able to say everyone that doesn't agree with him is stupid/childish. That doesn't make sense.

  3. 99% of you guys that support this way of thinking loose A LOT in the process to make those 1% richer.
    I highly doubt you ALL will be in the 1%… THAT'S being realist, and simple understanding of maths right.

  4. Thing I don't understand about those who push for equality of outcome – with respect to gender diversity within any given discipline – is that the same people nearly always assert that, "we're all the same inasmuch as race and gender don't matter"… well if that's the case, and we're all the same, why the hell do you care how the numbers break-down as percentages representing genders and or races in any one instance?

  5. The bigger question people should be asking regarding the minimum wage is WHY do we need to keep increasing base wages in order to survive? Why do things keep getting more expensive? Minimum wage is a band aid for a larger issue facing people – rampant inflation. Arguing that a higher minimum wage is the solution is like saying a bigger band aid is necessary to heal a head wound – the underlying issue is still there and it’s getting worse.

  6. I love this, it's always the government's fault. Big Business has no soul by definition, they are profit making centers. This idea that "private" charity will help people is ludicrous. Trickle down economics has never worked. 40 hour work weeks, child labor laws, safer work places all came from legislation. I just saw an article where a drug company raised their price by 630%. Yeah free market is better, let the rich do whatever they want. I agree the politicians are trough eating pigs in some cases, there are also people going to Washington to serve. By the way I'm 69 , already had my company, hired and paid my taxes. I didn't run to a tax haven. I would also point out if every business did the same thing you did, we couldn't fund an army, service roads have mail and other government services.

  7. (Around 50:00) I feel like technological and medical optimizations are not in quite the same ballpark. Technological optimizations generally make things cheaper, but I don't think that same concept applies to medical optimizations.

  8. This guys is whats wrong with the World. You shouldnt have to have 3 jobs just to buy food and pay rent. Ofcorse we need minimum wage. He wants low taxes and cheep labour so he can get even more ritch not that he cares about the ppl there. And no one cares if u can come on time and carry boxes thats not a "skill" he can compare to education.

  9. Peter Schiff has not lived or known what it's like in countries that don't have a minimum wage. There's a reason we have stop signs and speed limits; people can't be trusted to do the right thing. Without a minimum wage, there's always someone willing to undercut the market in order to work, and then, there's someone even more desperate willing to do it for less, and then, there's someone from another country even more desperate willing to step in and do it for less without taking a lunch break or receiving any other benefits. But that's not Peter Schiff's problem.

  10. Brilliant, Peter.
    This episode is extremely dense. It is impossible to absorb everything that is being said in one sitting. I already know I will be revisiting this episode many times in my life from this point forward. Thank You.

  11. 52:5053:10 I would submit that most elected politicians at the National level are high IQ individuals who know EXACTLY what they're doing with regard to their socialist, fiscal monetary policy – and the fallout caused by it. At the very worst they are higher-than-average IQ individuals, who may not have global domination designs, but have a completely skewed view of life, courtesy of their leftist higher education.

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