Inflation vs Deflation and Bitcoin's Role as a Liferaft
In this video, Jay Martin of Cambridge House interviews Jeff Booth, entrepreneur, investor, and author of bestseller book "The Price of Tomorrow."
They examine how the exponential growth of technology is an underlying force for deflation that can't be ignored and how the new system is colliding with the old. The second half of the interview largely focuses on Bitcoin as an investment, and more importantly as a life raft for those who believe our current system of government and monetary policy needs to evolve or face a major crisis.
3:20 Price of Tomorrow Book
7:28 Living in an Inflationary System
14:15 Deflation in your Life
21:47 Why Currency Must Allow For Deflation
32:02 Bitcoin Prevents a Messy Revolution
36:56 For Bitcoin Skeptics - Divisibility
39:08 Will Bitcoin Make The World More Unequal?
43:48 How Could Government Intervene in Bitcoin?
53:08 Mass Adoption and the Future of Bitcoin
The episode premiered on May 13, 2021.