TIP294: INFLATION – DEFLATION – WHICH ONE IS IT?
W/ JEFF BOOTH AUTHOR OF THE PRICE OF TOMORROW
26 April 2020
On today’s show, we talk to entrepreneur and best selling author, Jeff Booth. Jeff is the author of, The Price of Tomorrow, which is a book about why deflation is the key to an abundant future.
IN THIS EPISODE, YOU’LL LEARN:
- Why we have too much debt and not enough growth in the world.
- Why we need monetary policies deflation on a global scale.
- Why we won’t have a new Bretton Woods.
- Why technology is massive deflationary.
- Why and how to invest in businesses that have the best networking effect.
- Ask The Investors: What does the low-interest rate mean to us as consumers?
TRANSCRIPT
Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.
Preston Pysh 00:02
Boy! I am so excited to bring you today’s episode because we have Mr. Jeff Booth who’s the author of the book, The Price of Tomorrow. I like to think that Stig and I read a lot of books. I can honestly say this is one of the best books I’ve read in the past couple of years. Jeff’s an entrepreneur that started his own company from nothing and built it into a half a billion-dollar market cap. His book talks extensively about inflationary monetary policy, and the deflationary price impacts that such a policy creates. If you’ve ever gotten the terminology confused between inflation and deflation, this is going to be the perfect episode for you to understand some of those ideas. Without further delay, you’re gonna love this conversation with Mr. Jeff Booth.
Intro 00:50
You are listening to The Investor’s Podcast, where we study the financial markets, and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected.
Preston Pysh 01:11
Hey, everyone! Welcome to The Investor’s Podcast. I’m your host, Preston Pysh. As always, I’m accompanied by my co-host, Stig Brodersen.
My gosh! Am I excited to have this conversation right now! We read a lot of books between Stig and me, and it’s rare that I just am literally jumping out of my seat to talk to Jeff Booth, who’s here with us right now for his new book, The Price of Tomorrow.
Welcome! I have to tell you I’m a bit of a fanboy at this point from this book. It has just been so good! Welcome to the show! I’m so excited to have you here.
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BOOKS AND RESOURCES
- Jeff Booth’s book, The Price of Tomorrow – Read reviews of this book.
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