Breaking Down Free Markets & Incentive Structures with Jeff Booth, author of “The Price of Tomorrow” (Real Vision)

This 13 minute video offers important food for thought regarding the failing economic and political system we are all stuck in. Here is a quick summary:

1. Technology is deflationary

2. Inflation is the central bankers and governments tool to steal, manipulate markets and control. They are not able to stop and mathematically unable to raise interest rates.

PROBLEM: Technology is running one direction while inflation runs the other.   Currently both are accelerating at parabolic speed. 

No good answers.

A. Complete totalitarian control

B. War/Revolution

C. Great reset to digital currencies

Other possibilities?

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

Leave a Reply

%d bloggers like this: