Jeff Booth: Author "The Price of Tomorrow" on Deflation | SALT Talks

Описание: Welcome to another episode of SALT Talks. Joining us today is Jeff Booth, Author of The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future. Jeff is a visionary leader who has lived at the forefront of technology change for 20 years. He led BuildDirect, a technology company that aimed to simplify the building industry, for nearly two decades through the dot-com meltdown, the 2008 financial crisis, and many waves of technological disruption.

We live in an extraordinary time. "Bitcoin will keep on growing and I think one day other currencies will be pegged to bitcoin. I think it's highly likely that bitcoin becomes the reserve currency." Technological advances are happening at a rate faster than our ability to understand them, and in a world that moves faster than we can imagine, we cannot afford to stand still. These advances bring efficiency and abundance-and they are profoundly deflationary. Our economic systems were built for a pre-technology era when labor and capital were inextricably linked, an era that counted on growth and inflation, an era where we made money from inefficiency.

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