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The Price of Tomorrow

Why Deflation Is the Key to an Abundant Future

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The Price of Tomorrow

By: Jeff Booth
Narrated by: Brian Troxell
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About this listen

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. That era is over, but we keep on pretending that those economic systems still work.

The only thing driving growth in the world today is easy credit, which is being created at a pace that is hard to comprehend and with it, debt that we will never be able to pay back. As we try to artificially drive an economic system built for the past, we are creating more than just economic trouble.

On our current path, our world will become profoundly more polarized and unsafe. We need to build a new framework for our local and global economies, and soon, we need to accept deflation and embrace the abundance it can bring. Otherwise, the same technology that has the power to bring abundance to us and our world will instead destroy it.

In this extraordinary contrarian book, Jeff Booth, a leading mind and CEO in e-commerce and technology for 20 years, details the technological and economic realities shaping our present and our future, and the choices we face as we go forward - a potentially alarming, but deeply hopeful situation.

©2019 Stanley Press (P)2020 Stanley Press
Economics Technology Thought-Provoking Capitalism Deflation Austrian Economics
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Everyone should read or listen to this book.. absolute gem.. it’s alway a bonus when the author reads it as well.

Brilliant

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Simply put, listen to this book if you are interested in what the world my look like in the future.

A new perspective on life

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Eye opener book. A must read now more than ever. Its value is exponentially invaluable

A must read

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Big ideas better than solutions, is that correct? Thinking out of the box might help people survive as a species, but is it relevant to a person who needs to provide for his family today, a person who lives from check to check, in environment where capitalism values are not respected by biggest World economies and Governments, central banks, etc.
I found it really interesting idea to think of letting it go the deflation to rise, even though it sounds crazy. Technology creates deflation by exponential growth anyways. Super interesting!

Big ideas better than solutions, is that correct?

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Great book from start to finish. Great insight into the current world especially relevant post cv19

Great concise read!!

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