The current monetary system is doomed, and deflation is the solution for an abundant future.
In The Price of Tomorrow, Jeff Booth argues that the current monetary system is unsustainable and that inflation is leading us towards economic collapse. The solution to this problem is to embrace deflation as a necessary step towards a future of abundance. Booth believes that technology is driving the world towards an era of deflation, where goods and services will become increasingly cheaper, and money will increase in value. However, the current monetary system, built on debt and inflation, is incompatible with this future. Booth proposes a new monetary system based on deflationary principles, such as a universal basic income and a more equitable distribution of wealth.
Title: The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future
Author: Jeff Booth
Year of publication: 2020
Publisher: Portfolaio
Length in hours: 5 hours and 49 minutes