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Jeff Booth: Author "The Price of Tomorrow" on Deflation | SALT Talks  

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Welcome to another episode of SALT Talks. Joining us today is Jeff Booth, Author of The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future. Jeff is a visionary leader who has lived at the forefront of technology change for 20 years. He led BuildDirect, a technology company that aimed to simplify the building industry, for nearly two decades through the dot-com meltdown, the 2008 financial crisis, and many waves of technological disruption.
We live in an extraordinary time. "Bitcoin will keep on growing and I think one day other currencies will be pegged to bitcoin. I think it's highly likely that bitcoin becomes the reserve currency." 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, an era where we made money from inefficiency.
SALT Talks provides a window into the minds of noteworthy business leaders, policy experts and innovators shaping the future. To learn more about this episode, including podcast transcripts and show notes, visit salt.org/talks
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15 мар 2021

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Комментарии : 82   
@feaale
@feaale 3 года назад
He explains it so clearly. Thanks Jeff
@SALTTube
@SALTTube 3 года назад
Thanks for watching!
@TheRangerSoFar
@TheRangerSoFar 3 года назад
The Price of Tomorrow is worth multiple reads. Jeff is a top thought leader in the btc community.
@SALTTube
@SALTTube 3 года назад
It was a pleasure having Jeff on the show. Thanks for tuning in Robert!
@jd8782
@jd8782 3 года назад
Great interview, I’m a big fan of Jeff, 👍🏻
@SALTTube
@SALTTube 3 года назад
Thanks for watching!
@FrankJDurante
@FrankJDurante Год назад
Excellent interview.... read the book.... constantly listening....
@jeffhaislipmusic
@jeffhaislipmusic 3 года назад
Great interview! Amazingly insightful book
@SALTTube
@SALTTube 3 года назад
Glad you enjoyed it!
@sluggo3slug
@sluggo3slug 3 года назад
This guy is really on to something. Very Interesting!!
@thepmanvan111
@thepmanvan111 3 года назад
Jeff is the man!
@SALTTube
@SALTTube 3 года назад
Agreed!
@mercurynfo
@mercurynfo 3 года назад
Crux of the whole interview is between 14:00 - 15:00. Priceless!
@dirkdjong
@dirkdjong 3 года назад
Thanks for your clear and balanced explanation of your vision.
@SALTTube
@SALTTube 3 года назад
Thanks for watching!
@dirkdjong
@dirkdjong 3 года назад
@@SALTTube Keep hosting great talks! :)
@pagexx
@pagexx 3 года назад
Jeff Booth is so smart. I feel like his bigger struggle is how to make muggles like me understand the knowledge he's about to impart.
@future_proof
@future_proof 2 года назад
50 books a year :)
@stephenmaginn7247
@stephenmaginn7247 3 года назад
Best way to talk about the price of tomorrow is today
@mike_w_21
@mike_w_21 3 года назад
Jeff Booth? Instant thumbs up.
@SALTTube
@SALTTube 3 года назад
Thanks! @Mike Wiebe
@hal8683
@hal8683 3 года назад
Wow! Eye-opener! Let me process a few months... haaha Such a good interview. I am 70 so ??? Thanks to ALL!
@SALTTube
@SALTTube 3 года назад
You’re welcome! Thanks for watching.
@ptj2144
@ptj2144 3 года назад
Thanks, Brett for asking questions from your political view, very good to ask from an honest viewpoint. don't worry you will be a libertarian soon enough :). awesome job from you guys giving great info and explaination.
@SALTTube
@SALTTube 3 года назад
Appreciate it!
@ryed8118
@ryed8118 2 года назад
Huge fan of Jeff Booth. There's times where i wonder if I'm a little crazy for being a bitcoiner since the rest of the world scoffs at the idea. Then when these calm, rational, highly intelligent minds like Booth, Sailor, Breedlove, Dan Held speak on the topic, I'm reminded that I'm on the right side of this battle.
@medicalerrorinterviewspodc4294
@medicalerrorinterviewspodc4294 3 года назад
Great stuff, lots of info / value --- will have to listen again to get deeper understanding of Jeff's conceptualization of how things are going to play out, but I certainly understand the 'system is broken' in health care / patient safety, so the parallel is there.
@SALTTube
@SALTTube 3 года назад
Thanks for watching
@christophfrei9578
@christophfrei9578 3 года назад
Best book I read in 2021. Thank you kindly
@macboracay184
@macboracay184 3 года назад
Great job by Brett too...thank goodness for thoughtful and listening progressives. Once upon a time in America...progressives led us all!
@rebranch74
@rebranch74 3 года назад
Considered and inspiring.
@SALTTube
@SALTTube 3 года назад
Thanks!
@richardkut3976
@richardkut3976 3 года назад
Minute 42:00. Many thoughtful arguments against bitcoin, Pomp and Mike Green debate is a good one.
@FerallHog
@FerallHog 3 года назад
JB and Plan B would have a great convo over beers! Incredible smart encouraging Innovators.
@dshephardcomposer
@dshephardcomposer 3 года назад
I share Brett's concern about the consensus view of the arc of this halving cycle, with many expecting a peak (at which point they'll exit) in Fall/Winter 2021. And yet, it may just play out as it has been, defying all those who insist for this reason or that that it won't. Ironically, as big a believer as Brett is in Bitcoin, he just formulated his own fresh new FUD. lol.
@jackyflowers7159
@jackyflowers7159 3 года назад
What about those of us who do not have money, or have very lil money to spare or ivest, any advice for us?
@rexmundi273
@rexmundi273 3 года назад
Work hard and spend less then you earn.
@bradheath4927
@bradheath4927 3 года назад
Sound bite: Bitcoin is a battery.
@ronbaltus1092
@ronbaltus1092 3 года назад
As a senior how can I buy Bitcoin or put it in my stock portfolio?
@toolegit2quit173
@toolegit2quit173 3 года назад
If you’re in Canada there are three bitcoin ETFs. If in the US you can buy BTC via the Greyscale Bitcoin Trust. If you don’t need to hold it in a retirement account, then the best option is to hold actual BTC.
@richardkut3976
@richardkut3976 3 года назад
Minute 15:00. Jeff states, "we compete for abundance". No! We compete for scarce.
@coryg121
@coryg121 2 года назад
How does a bond/debt market work with bitcoin. If I need to borrow to fund a business idea, how do I get off the ground when my debt service becomes more & more expensive as times goes by, at the same time the price I’m charging for my product or service is going down more & more over time. It’s a double negative
@escreality5314
@escreality5314 3 года назад
Buy Bitcoin folks
@billandpech
@billandpech 3 года назад
A problem with finite currency is that if half the world just buries their money and the other half double their savings by using it to create new wealth, the money of those who just buried it appreciates as much as the money of those that risked it and created new wealth. In in times of exponential growth, that rewards doing nothing to the degree that most people will have a good life not working and just living off a tiny portion of their growing savings. Then progress may slows, stop, or reverse.
@hackerhesays731
@hackerhesays731 2 года назад
*salt talk #Pepper chat
@grizzlymartin1
@grizzlymartin1 3 года назад
Finally, the perfect, most succinct way to demonstrate (prove) bitcoin’s (crypto’s) inevitability and irreducible function. @ 20:30 Booth says the most important thing he’s ever said: “...enter, a system change from outside the system...” He’s spot on...it’s the only way...and it’s the only way it EVER happens “successfully.” Apple nor Google ever made a phone before they made a phone and “changed the system from outside the system.” Drop the mic!
@ravenxin4832
@ravenxin4832 2 года назад
Step 1:Organize community and protest Step 2:Secure your financial sovereignty get gold, silver and Bitcoin hold for emergency. Step 3:Repeat 1 and 2 until all freedom is restored Stay strong, stay free!
@mlbonfox8199
@mlbonfox8199 4 месяца назад
No need to protest; btc does it for us
@tommy86klasa
@tommy86klasa 2 года назад
IF " SATOSHI" IS AN INVERTER OF BTC , DOES HE AS A CREATOR HAS AN ACCESS TO BTC PROTOCOLS AND KEYS? CAN HE STEAL IT ?
@richardkut3976
@richardkut3976 3 года назад
Minute 32:00. Calling J.P. Morgan out? You worked for the Government! Pot calling the kettle black.
@jorgegomez524
@jorgegomez524 3 года назад
but we actually pay the air we breath, it’s call cabon rights. you can thanks our global leaders
@heinzyketchupy4175
@heinzyketchupy4175 3 года назад
I want to see Jeff and Cathie Wood have a discussion bc in terms of market innovation they agree, but the way the country is going they seem to disagree
@Angelina-xj5zd
@Angelina-xj5zd 3 года назад
Bitcoin has no value. It's a tulip bubble. Tulips at least have some basic value.
@zyansheep
@zyansheep 2 года назад
Bitcoin's greatest function is as an appreciating store of value
@ericpham7871
@ericpham7871 2 года назад
If deflation and convert the money then we able to wipe out entire national debt
@marcinstanczak9738
@marcinstanczak9738 3 года назад
I don't agree with Jeff's comment that 'energy is deflationary'. We are coming off a 70 year period of being able to pump unbelievable amounts of energy for effectively pennies in places like Saudi Arabia. This will NOT repeat itself with solar panels, windmills, nuclear, or any other source of energy. In the medium term, any source of energy will be MORE expensive, no matter how much high tech we use, compared to the super cheap energy the world had access to while the middle east was awash in oil that just came up from the ground almost by itself.
@TheListeningBody
@TheListeningBody 2 года назад
What about the materials that go into batteries that power electric cars etc? Another limited resource.
@ericpham7871
@ericpham7871 2 года назад
Create new business and sell it is a way to survive fast technology growth
@bitcoindaddy1
@bitcoindaddy1 3 года назад
Pretty sad skybridge guy, wearing BTC hat, on left looked like he seen a ghost when booth gave him endgame....pure greed
@JoeHeine
@JoeHeine 2 года назад
“Global thought-leader” LOHL
@Tenebrousable
@Tenebrousable 3 года назад
With enough deflation, we can just retire at 30. We'll do the Jetsons. Bitcoiners are doing it right now. We'll just eventually drive it around the globe to everyone. We'll still need people working here and there, it'll just be 75% less. Unemployment, gone. Wages go up. Something like that. The market will discover the numbers. What the retirement ages etc become.
@kylemitchell4681
@kylemitchell4681 2 года назад
Wait something doesn't add up here... Jeff said the collapse could be worse than the 30s and 90% of everything would go belly up, well doesn't that mean that internet companies would go belly up too? Last time I checked, the only way you could access bitcoin is through the internet and I'd it goes down then...
@ericwilson2632
@ericwilson2632 2 года назад
If Bitcoin doesn't get accepted we go belly up, what makes us so different from Rome, what make us more special than Rome, we no different/ special than Rome...lol
@kylemitchell4681
@kylemitchell4681 2 года назад
@@ericwilson2632 I already see tech companies laying off. This thing is gonna go down really bad
@jdp5288
@jdp5288 3 года назад
Jeff's a great thinker and his book is fascinating but don't think he's a natural communicator so has some difiiculty conveying his ideas despite the interviewer trying to coax his thesis out of him
@sluggo3slug
@sluggo3slug 3 года назад
For me he’s a great communicator. He suits my temperament
@tybowesformerlygoat-x7760
@tybowesformerlygoat-x7760 2 года назад
Reminds me of Charles Eisenstein in that way.
@ericwilson2632
@ericwilson2632 2 года назад
The problem is the people so stupid he educated himself you can do the same from your smartphone
@ericpham7871
@ericpham7871 2 года назад
Change money then convert debt to new money then not much if corection take into effect. If not doing that then most technician are like modern slavery and unacceptable to any degree
@jeffsutherland982
@jeffsutherland982 3 года назад
100% of the energy going into my Tesla is solar on my roof. Get over it guys!
@warrenb2856
@warrenb2856 3 года назад
Bitcoin is bad for the climate, LOL! La Marzocco espresso machines are bad for the climate, why is no one worried about the espresso machines. This energy argument against bitcoin is hilarious! I am pretty sure the Banker's Gulfstream 700s use more energy than bitcoin. Tell where I am going wrong Janet.
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