The American middle class used to be envy of the world. It was a byproduct of economic freedom. We had a very dynamic free-market economy and limited government. People were out there pursuing their own self-interest and creating employment opportunities.
Tags: government, world, people, freedom

Other Quotes by "Peter Schiff"

You don't help the economy by spending money.
Tags: economy, help, money, you
One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.
Tags: gold, look, day, people
When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets.
Tags: doing, lose, value, power
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Tags: power, people, money, you
Wall Street is in trouble because Main Street is broke.
Tags: broke, because, trouble, street
View More by "Peter Schiff"