I mean there will be deflation. That’s one thing for sure. As technology goes up, cost of production is lower. So prices will drop.

What about interest rate? Will it be negative too?

Interest rate would drop I suppose. I mean money neutrality means that unless government do some “surprise” gold standard would not change anything. Main proponent of gold standard demand gold standard to prevent “surprise” from government.

So if gold price raise by say 6%. Current interest rate is 4%. I suppose interest rate would be around -2% if we use gold standard. But negative interest rate doesn’t make sense. Why would anyone save money if interest rate is negative?

Then how do we value the price of asset then?

Say interest rate is 4%. Then the value of assets is such that price per earning ratio is 25.

If we use gold standard interest rate drop to say, 1%. Then the value of that asset suddenly become 4 times. What am I missing?

As for free market taking care of poverty, please read my e-book at http://genepoolsurvivalguide.com (free for you).

Poverty is CREATED by government.

If women prefer the rich why would any kids have poor dad?

Yea, there will be those that slips through the crack. There will be those that slips through the crack through any system. I can get my leg broken. But I can get shot by robbers too when parasites make too many kids. I’d take the chance of getting my leg broken by car rather than get shot by robbers.

Free market is too abundance that it wouldn’t hurt to help a little. However, the way government implement wealth redistribution increase rather than decrease poverty.

Governments punish hard working poor people (like I was) by income tax. Then government reward lazy poor people to make money.

Many capitalists start of poor too and I bet they can get rich because they have ways to reduce their tax. There is no way you pay 30% tax head on and still can get rich. Income tax hurt everyone, especially working class.

It’s an irony to me that in general free market capitalism is the most pro worker economic system in the world. Capital owners get less and less under capitalism. Interest rate, if adjusted to gold price, is actually negative.

I was poor (and still work hard). My biz went up and down. Now I am middle class. I target my self to earn save $50k by 6 months. All thanks to capitalism.

The next time government tell you that it needs your money to help the poor, tell them that here is a message from a poor worker. Fuck off government. I don’t need your blood money. I just need more market.

And that’s ladies and gentlemen, where internet marketing comes in. A place where there governments haven’t touch that.

Wrong policy? Communism is more than just wrong policy. It’s bigotic genocide. They slander capitalists. They promote hatred against the productive. Then ups, it’s a mistake. We didn’t know it didn’t work. And they just get away with it. Still becoming the ruling class. Still spreading venomous lies. Then we forgive them because capitalists are good. Then they do it again till all of us are in gas chamber out of envy.

I’d say we hit commies with the same rules they used against us. What ever option they use against us, terrorism, murders, lies, deceits, should also be an option on our table. Unfortunately unlike those lies, capitalism do not need to be defended with lies, given that it’s the light and the truth and the way anyway.