Any News Is Bad News for Stocks – Ep 838
The Peter Schiff Show Podcast
00:00
The Essence of Liberty
The essece of liberty is not just freedom from government, but to freedom to keep the fruits of your own labor. If you think about it in these terms, when you have anarchy and there's no government, then you pay no taxes, so you get to keep 100 % of what you earn. The extreme opposite from an individual freedom perspective would be slavery. Under slavery, you don't get to keep anything that you earn. Everything that you earn belongs to your master. You get nothing. And if colonial americans got to keep 99 % of what they earned because they were only in the one percent tax bracket, who is more free?
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