Booth, Jeff

The Price of Tomorrow: Why Deflation is the Key to an Abundant Future

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ISBN 13:: 9781999257408
author:: Booth, Jeff
format:: Paperback / softback
publisher:: Stanley Press
language:: English
Publication Year:: 2020
Pages:: 234
Dimensions:: 21 x 14 x 1.3 centimeters (0.20
Genre:: Business, Economics, General,
Condition:: New
Availability:: Item usually sent within 7 working days

£17.87

Current Stock: 5

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Description

Description

We live in an extraordinary time, where technological advances are happening at a rate faster than our ability to understand them. This rapid pace of change brings efficiency and abundance, but also profoundly deflationary effects. Our economic systems were built for a pre-technology era, when labour and capital were inextricably linked, and growth and inflation were the norm. However, this era is over, and we are struggling to adapt our systems to the new reality. Easy credit is driving growth in the world today, but it's also creating debt that we will never be able to pay back. As we try to maintain an economic system built for the past, we risk creating more than just economic trouble. Instead, we need to build a new framework for our local and global economies, one that accepts deflation and embraces the abundance it can bring. In this book, Jeff Booth explores the technological and economic realities shaping our present and future, and the choices we face as we go forward. The future of our world depends on our ability to adapt and make the right choices. This book offers a potentially alarming, but deeply hopeful, perspective on the path ahead.

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