Today, the world is grappling with many of the same issues that led to the Great Depression. Governments around the globe are burdened with massive, unsustainable debt—and as today’s guest points out, “you can’t solve a debt problem with more debt.” The bigger challenge, however, is that technology is advancing far faster than governments can keep up. It’s a real clash between the Industrial Age and the Information Age.

Jeff Booth is the author of The Price of Tomorrow: Why Deflation is the Key to an Abundant Future and he believes that technology-driven deflation is a significant challenge for the global economy, and central banks attempting to create artificial inflation through monetary policy are doomed, ultimately, to failure. 

Hosts Robert and Kim Kiyosaki and guest Jeff Booth discuss why the world will need to move to a deflationary economy and why you should care. 

Website: https://thepriceoftomorrow.com

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Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.