Millennial Investing - The Investor’s Podcast Network

MI Rewind: Why Deflation is Key to an Abundant Future w/ Jeff Booth

Jul 12, 2024

54:46

Snipd AI

Tech entrepreneur Jeff Booth discusses why deflation is crucial for a prosperous future, the impact of technological innovation on the economy, why inflation isn't necessarily beneficial, the power of Bitcoin as a long-term investment, and ways investors can navigate economic shifts.

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Inflation requiring debt accumulation for asset investment complicates economic progress.

Bitcoin's deflationary nature challenges conventional monetary systems, offering a safe value store.

Federal Reserve's quantitative tightening risks market instability, necessitating careful policy balance.

Deep dives

Challenges of the Inflationary System

The current inflationary environment presents challenges where rising rents and food prices force individuals to juggle multiple jobs to stay financially afloat. The underlying economic structure pits inflation against technological deflation, highlighting a crucial imbalance. Inflation often requires individuals to accumulate debt to invest in assets like real estate, exploiting the declining value of currency over time. This unsustainable system compels individuals to navigate a financial landscape where the traditional belief in the necessity of inflation complicates economic progress.

Intro

4min

Technological Advancements and Economic Impacts

11min

The Impact of Stimulus on Various Sectors

4min

The Impact of Artificially Low Interest Rates on Mega Corporations and the Need for a New System like Bitcoin

13min

Analyzing the Role of Deflation in Addressing Climate Change and Promoting Sustainability

4min

Impact of Deflation and Role of Bitcoin in Economy

11min

Opportunities for Millennials and Bitcoin Adoption on Company Balance Sheets

3min

Clay Finck chats with Jeff Booth about inflation and deflation, why inflation isn’t necessarily ‘good’ for a healthy and thriving economy, why so many people are missing the fact that deflation and technological innovation is too powerful of a force to stop, why Jeff believes that Bitcoin is positioned to perform well over the long-term, and much much more!

Jeff Booth is a technology entrepreneur and founder of BuildDirect which is now a company with a market capitalization of over $500 million.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

06:10 - The two colliding forces at an exponential rate and why they are the most important thing for investors to understand.

10:37 - An example of deflation playing out in our everyday lives.

12:07 - Why there has been such a huge disconnect in the price changes between certain industries.

29:29 - Why inflation isn’t necessarily ‘good’ for a healthy and thriving economy.

32:55 - Why so many people are missing the fact that deflation and technological innovation is too powerful of a force to stop.

40:09 - Whether the Federal Reserve can perform quantitative tightening or not in the future.

41:22 - Why Jeff believes that Bitcoin is both an asymmetric bet and one of the safest places to store value.

46:22 - How investors can potentially benefit from these massive shifts in our economy.

49:10 - What Jeff is seeing for Bitcoin adoption from the private companies he works with.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Jeff Booth’s book, The Price of Tomorrow.
Check out the books mentioned in the podcast here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Millennial Investing - The Investor’s Podcast Network

MI Rewind: Why Deflation is Key to an Abundant Future w/ Jeff Booth