Peter Schiff talks about the effects of Obama on economy

[jonquest]

Anyway, I don't think free markets are good for equality. Personally, I believe equality is more important than frivolous increases in the "standard of living" that affect only the few lucky enough to have the money to do so.

What's brings more equality than freedom? Equality can't be brought by taking money from someone and giving it to someone else. Instead, equality should be brought to everyone by allowing freedom in how people earn their money and how they spend it.

I'm not saying Ron Paul would be corrupted. I'm saying they would try. Failing to corrupt him, they'd either get congress to put a strangle hold on him or do something even more drastic.

I could see an assassination attempt taking place if Ron Paul was elected President. Just look at the others who were elected President that opposed a centralized banking system. (Lincoln was assassinated, an attempt was made on Andrew Jackson's life, JFK wanted to bring in a new currency backed by gold)

Lastly, the founding fathers backed the idea of a free currency that inflates with the goods and services being traded, rather than constantly inflating regardless.

The founders wanted only silver or gold as money.

Lastly, the market would probably look for the lowest interest rates on the money supply (excluding the bankers that profit from the interest). Why would any strong, sensible business owner want to give away his money to interest?

Well we also need for money not to be created from loans. That's the biggest problem with interest rates. If money was not created out of thin air from loans, I wouldn't care where the market set interest rates.