What is the video all about?

So while some financial experts are saying (1) , I'm saying learn how to use debt. See when I came back from serving in Vietnam in January of 73. And the first thing my rich dad said to me was, "Go to school to learn how to invest in (2) ." It wasn't real estate, it was how to use debt and taxes. Debt and taxes make the rich richer. Debt and taxes make the poor and (3) . So all the rich guys who are doctors and lawyers or... you know, those guys, they're getting creamed - and they don't know why - doctors are getting creamed? Oh, yeah, they're making more money but the (4) is less. You know, my doctor just yelled at me. He's happy, he says, "Oh, guess what I finally made a million dollars." And I said, "Yeah", this was just three weeks ago. And so I said, "Yeah, well how much do you pay in tax?" He says, "$750,000 in taxes." So his net was about $400,000. That's not bad. But when I (5) , I keep a million bucks. And the reason is because I don't make it by working for money. See if you work for money, your taxed. So that's why (6) in Rich Dad Poor Dad. Is the rich don't work for money. What we do instead is we create (7) . We acquire real estate. I don't (8) the stock market. So the reason is because as entrepreneurs, I have more control over my income, (9) in taxes. And because I'm an entrepreneur as well as an investor in real estate, I pay zero tax. So every time I make, let's say a million dollars as an entrepreneur, I immediately invested in real estate, and I have a 4 to 1 step up. So I put a million dollars in real estate, and I get four million from the bank. That's why I love banks. But the banks are (10) everybody else. You know, it's terrible, but it's good for me. Thats why you say when you print, it's good for you but when you print, it's bad for people that work for money because when you print, (11) and people who work for money get creamed. When they print (12) . You see, debt and taxes make the rich richer and (13) make the poor and middle class poorer.

When we have (1) we get obsolete results. So what's happening for most people. The idea of going to school, getting a job, working hard, saving money, (2) . Buying your house because it's an asset and investing (3) . It's obsolete. The world has changed, the world changed in 1971 when President Nixon (4) the gold standard and money became debt. What if we get rid of school then what would happen? Would it be better if we had no educational system at all? No, I'm saying education was more important before, it's just obsolete. You know, there's Moore's law that... Moore's law states (5) every 18 months. In other words, everything is obsolete, 18 months. So, and this is (6) . So when you come out of school, you're already obsolete, and that's why I'm the old guy, You know, I met my friends, I went to Harvard. Yeah, I went to Harvard. I said, "Yeah, that was how long 50 years ago?" Today the banks are charging you (7) money. In other words, the banks don't want your money because they've printed too much of it. And that's why there's bubbles and stocks and bubbles in real estate and all this. People are (8) . Because as I said in here, "Savers are losers and (9) ." And yet people are saying, "Well, I want a high-paying job." Well, that's an obsolete idea. Get out of debt, it's an obsolete idea. You should learn how to (10) . How to you use debt to get rich. And they'll never teach you about taxes. The reason the 1% is way up here and the 99% are going this way is because when you print money two things happen: (11) . It's crushing them.