- helpful votes
The Price of Tomorrow
- Why Deflation Is the Key to an Abundant Future
- By: Jeff Booth
- Narrated by: Brian Troxell
- Length: 5 hrs and 49 mins
We live in an extraordinary time. 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 and an era where we made money from inefficiency.
A must read for anyone interested in the economy!
- By Anonymous User on 19-11-2020
Nothing new here
Most of the points made here are better argued by other authors in other works. Booth's contribution, if you can call it that, is to call for a change in attitude to the pros and cons of deflation vs. debt stimulated inflation. An interesting take, but not a revolution in thinking.