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The Price of Tomorrow
- Why Deflation Is the Key to an Abundant Future
- Narrated by: Brian Troxell
- Length: 5 hrs and 49 mins
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The Price of Tomorrow
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Summary
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.
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Overall4 out of 5 stars
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- Qme
- 10-10-20
Good Perspective
Good narratives. Points were well formulated. Covered good amount of ground (various areas affected by the theme) from the perspective of discuss, while managing to stay on topic.
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Overall5 out of 5 stars
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- Geoff Bradley
- 11-03-23
A great reality check
This book just makes such sense, Well written and will be recommending it to others.
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- tim scott
- 19-07-20
Great concise read!!
Great book from start to finish. Great insight into the current world especially relevant post cv19
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- Anonymous User
- 17-07-23
The Prince of tomorrow
What a great book! Jeff breakes down the mess, the World is in, in a clear, concise and well structured way.
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- Anonymous User
- 25-07-21
Amazing book
This book is packed with knowledge and offers a great understanding of the path ahead.
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1 person found this helpful
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Overall4 out of 5 stars
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- Anonymous User
- 28-05-20
Big ideas better than solutions, is that correct?
Big ideas better than solutions, is that correct? Thinking out of the box might help people survive as a species, but is it relevant to a person who needs to provide for his family today, a person who lives from check to check, in environment where capitalism values are not respected by biggest World economies and Governments, central banks, etc.
I found it really interesting idea to think of letting it go the deflation to rise, even though it sounds crazy. Technology creates deflation by exponential growth anyways. Super interesting!
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- volker
- 01-07-21
A must read for everyone
A must read for everyone! We need to understand what is happening and how to make sure our future is not wasted.
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- Mr B.
- 01-01-22
mixing the singularity with economics
Awesome book. Had to take some time to introduce context and subject matters but once there, ran along at a nice pace and delivered well.
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- Tim Hanna
- 29-03-22
Excellent book. An absolute must ‘read’
I really enjoyed the book. Being English and listening to Brian narrate, was similar to listening to Siri narrate a story
It’s my first audio book, so a little new to the sphere. Sorry Brian, but Morgan Freeman would have been my first choice for an American narrator
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- David
- 18-09-20
Fantastic.
This is a must read for anyone who gets frustrated with the state of the world whenever they turn onto one of the endlessly cycling news channels. Real insights into world debt and the extraordinary onward March of technology and A.I. Not too complex to follow either. It’s not often I will go back for another listen but I will with this one and I’ll be making notes.
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2 people found this helpful