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Jeff Booth: Deflation is Coming - A Future of Bitcoin, AI and Abundance

Coin Stories

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Inflation, Deflation, and the Role of Technology

This chapter explores the impact of inflation on wage deflation, emphasizing the need for businesses to create more value to survive in a free market where prices fall to the cost of production. It discusses how technology accelerates value creation, driving prices down and leading to products like a calculator app becoming free due to competition. The conversation also delves into the relationship between AI, deflation, and Bitcoin's role in reshaping the financial system and global energy production.

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