Why the recession/depression is good news for liberty!

Like many of you, I am dreading the upcoming depression. I now believe Peter Schiff is right when he says we are going to see hyper-inflation. There is only so much money that the market has to lend to the government. Once the government has used up all the savings in the market, it will start printing money to pay its debts.

What does this mean? It means the U.S. dollar will be rejected by the world as the reserve currency and the purchasing power of the U.S. dollar will be gone. The government cannot change the laws of economics. People who save their money, including governments, are successful. Those that spend more than they have fail. But this, is good news for liberty!

It means the government will most likely be forced to close foreign bases. The government will most likely be forced to bring troops home. It means that drugs will be legalized, because governments will see this as tax income. It will also mean fewer cops needed to fight the "drug war". This will mean cutting education. Who knows, if it gets bad enough, maybe public education will be eliminated altogether! These are scary times, but they may be exciting times as well.