August 30, 2012

There's A Direct Correlation Between The Size Of A Country's Government & Its Level Of Poverty

Naturally, people want to be rich and when they are free to profit by satisfying people's desires through ingenuity, creativity and hard work, they will do so. This not only causes them to be productive in meeting the desires of others, but causes others to be productive in meeting their desires.

 Despite its best intentions, the biggest obstacle to this freedom is government interference in the form of punitive taxation and over-regulation. In fact there's a direct correlation between the size of a country's government as a share of its GDP (gross domestic product) to its level of poverty. - in Eristical

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

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