The Price of Tomorrow

Why Deflation Is the Key to an Abundant Future

By: Jeff Booth

Narrated by: Brian Troxell

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

Excelent book with original view

It's really original view that should be taken into account by investors and politicians. I agree with the risk and the bright future that this technological revolution will bring us.

A Unique View Of Our Future....

....Not sure if the authors will be proven correct but I enjoy hearing differing opinions of where technology may be taking us. Hopefully I (and you) am investing properly to survive and prosper come what may.

How did we get here?

I like how the authors provide background to their ideas and theories on how our economy evolved, but are not dogmatic about any solution or future outcome.

Great Book!!!

Very well written. Opens up your eyes to a view over the hill. Recommended. *****

A functional hopeful perspective of the future.

It is a well documented view of the future from somebody who was forced mo meet the exponential evolution of technology.