Ep 308 – Deflation Is Accelerating In Cannabis And Beyond

jeff booth deflation

Technological advances not only bring efficiency – they’re also profoundly deflationary. But could that deflation actually be key to an abundant future? Here to tell us is Jeff Booth, author of The Price of Tomorrow.

Jeff’s book: https://www.amazon.com/Price-Tomorrow-Deflation-Abundant-Future/dp/1999257405

Jeff’s Twitter: https://twitter.com/JeffBooth

Key Takeaways:

  • Goods and services that are inflationary versus those that are deflationary
  • What a deflation economy looks like and examples of when we’ve seen deflation in the past
  • The natural deflationary process that’s occurring right now thanks to advancing technologies like AI
  • The deceptive power of exponential technologies and how they gain traction
  • How central bankers are fighting a losing battle by taking on more debt to create inflation
  • The power of network effects for business owners, investors, and employees
  • Where Jeff sees bitcoin heading in the next few years and his advice for those looking to get in
  • Why Jeff believes AI will eventually force us to embrace deflation and how that could benefit society as a whole