TIP294: Inflation - Deflation - Which One Is It? w/ Jeff Booth author of The Price of Tomorrow (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
00:00
Inflation, Technology, and Future Economies
This chapter explores the impact of inflationary monetary policies on various sectors, particularly contrasting the price drops in technology like televisions with rising costs in healthcare and education. It discusses the potential of technology, especially artificial intelligence, to disrupt traditional economic paradigms and drive prices down if market forces are allowed to operate freely. Additionally, the chapter raises concerns about the sustainability of current monetary practices and the possible shift towards a deflationary currency system amidst a rapidly changing global economic landscape.
Transcript
Play full episode
