--- title: "4 Free market Quotes By Peter Schiff" description: "4 Free market quotes by Peter Schiff. Plus more from Peter Schiff and more Free market sayings from other authors." image: "https://sms4smile.com/quotes/i/9ad/peter-schiff-8095_burden_the-government-can-t-create-jobs-they-ll_1354765.png" --- > [The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is…](https://sms4smile.com/quotes/peter-schiff/the-government-can-t-create-jobs-they-ll-destroy-jobs-trying-to-do-it/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) [Image](https://sms4smile.com/quotes/i/9ad/peter-schiff-8095_burden_the-government-can-t-create-jobs-they-ll_1354765.png) > [I don't want the technology of the 1950s, but I want the free market of the 1950s.](https://sms4smile.com/quotes/peter-schiff/i-don-t-want-the-technology-of-the-1950s-but-i-want-the-free-market/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) [Image](https://sms4smile.com/quotes/i/853/peter-schiff-8095_free-market_i-don-t-want-the-technology-of-the-1950s_2074142.png) > [The American middle class used to be envy of the world. It was a byproduct of economic freedom. We had a very…](https://sms4smile.com/quotes/peter-schiff/the-american-middle-class-used-to-be-envy-of-the-world-it-was-a/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) [Image](https://sms4smile.com/quotes/i/519/peter-schiff-8095_economic-freedom_the-american-middle-class-used-to-be-env_2549255.png) > [In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up.](https://sms4smile.com/quotes/peter-schiff/in-a-free-market-businesses-compete-for-customers-by-keeping-prices/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) [Image](https://sms4smile.com/quotes/i/334/peter-schiff-8095_business_in-a-free-market-businesses-compete-for_2864721.png) ## Other authors on Free market - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-milton-friedman-68333.jpg) Milton Friedman 28 quotes ](https://sms4smile.com/quotes/about/free-market/milton-friedman/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-murray-rothbard-69623.jpg) Murray Rothbard 16 quotes ](https://sms4smile.com/quotes/about/free-market/murray-rothbard/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b011/author-hajoon-chang-40025.jpg) Ha-Joon Chang 16 quotes ](https://sms4smile.com/quotes/about/free-market/ha-joon-chang/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-naomi-klein-70169.jpg) Naomi Klein 10 quotes ](https://sms4smile.com/quotes/about/free-market/naomi-klein/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-barack-obama-16275.jpg) Barack Obama 10 quotes ](https://sms4smile.com/quotes/about/free-market/barack-obama/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b001/author-yuval-noah-harari-100.jpg) Yuval Noah Harari 9 quotes ](https://sms4smile.com/quotes/about/free-market/yuval-noah-harari/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b023/author-ted-cruz-89212.jpg) Ted Cruz 9 quotes ](https://sms4smile.com/quotes/about/free-market/ted-cruz/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-friedrich-august-von-hayek-36338.jpg) Friedrich August von Hayek 9 quotes ](https://sms4smile.com/quotes/about/free-market/friedrich-august-von-hayek/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b016/author-ludwig-von-mises-61872.jpg) Ludwig von Mises 8 quotes ](https://sms4smile.com/quotes/about/free-market/ludwig-von-mises/) - [Robert F. Kennedy, Jr 7 quotes](https://sms4smile.com/quotes/about/free-market/robert-f-kennedy-jr/) - [Leonard Read 7 quotes](https://sms4smile.com/quotes/about/free-market/leonard-read/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b011/author-henry-hazlitt-41543.jpg) Henry Hazlitt 7 quotes ](https://sms4smile.com/quotes/about/free-market/henry-hazlitt/) ## More by Peter Schiff > [Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is…](https://sms4smile.com/quotes/peter-schiff/most-paper-money-initially-existed-as-a-substitute-for-gold-that-s/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen…](https://sms4smile.com/quotes/peter-schiff/perhaps-the-most-important-reason-to-be-skeptical-of-government/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [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.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market…](https://sms4smile.com/quotes/peter-schiff/every-time-the-market-has-corrected-since-2008-it-s-always-been-the/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.”](https://sms4smile.com/quotes/peter-schiff/boom-bust-cycles-are-not-inevitable-and-would-not-occur-were-it-not/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with…](https://sms4smile.com/quotes/peter-schiff/we-had-a-very-upwardly-mobile-economy-and-that-peaked-around-the/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.](https://sms4smile.com/quotes/peter-schiff/printing-money-creates-inflation-which-weakens-an-economy/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way and what…](https://sms4smile.com/quotes/peter-schiff/the-fiat-based-system-has-produced-enormous-global-imbalances-that/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do…](https://sms4smile.com/quotes/peter-schiff/central-banks-are-choosing-to-increase-their-gold-holdings-as-a/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the…](https://sms4smile.com/quotes/peter-schiff/once-the-government-runs-out-of-foreign-and-private-sector-bidders/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The real bubble in China is in US Treasuries, in US dollars.](https://sms4smile.com/quotes/peter-schiff/the-real-bubble-in-china-is-in-us-treasuries-in-us-dollars/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It…](https://sms4smile.com/quotes/peter-schiff/my-mother-always-taught-me-that-two-wrongs-don-t-make-a-right-we/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The one place that bitcoins seem to be used as money is in crime.](https://sms4smile.com/quotes/peter-schiff/the-one-place-that-bitcoins-seem-to-be-used-as-money-is-in-crime/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Gold has worked for thousands of years, but now with the Internet, it works even better.](https://sms4smile.com/quotes/peter-schiff/gold-has-worked-for-thousands-of-years-but-now-with-the-internet-it/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that they are…](https://sms4smile.com/quotes/peter-schiff/most-governments-not-all-of-them-but-most-certainly-don-t-want-their/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/free-market/peter-schiff/#itemlist", "name": "4 Free market Quotes By Peter Schiff", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. 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