Deflation
The natural state of the free market is deflation—goods becoming better and less expensive. The more one moves toward a bitcoin standard and away from fiat, the more valuable their time stored as money becomes.
Author of "Price of Tomorrow" Jeff Booth: "If we wanna live in free markets where ideas and the productivity around the world flows to us from it, then there’s only one choice and it’s Bitcoin."
(2-minute video)
Jeff Booth: "If we wanna live in free markets where ideas and the productivity around the world flows to us from it, then there’s only one choice and it’s #Bitcoin." pic.twitter.com/V0zIZhG6Pd
— TFTC (@TFTC21) March 8, 2025
Recommended Books/Audiobooks
The Price of Tomorrow: Why Deflation is the Key to an Abundant Future
 Audiobook This book explores the transformative impact of technology on the global economy, arguing that rapid advancements are driving deflationary pressures by increasing efficiency and reducing costs across industries. The book posits that this deflation clashes with traditional economic systems built on inflation, creating a paradox where rising debt and outdated monetary policies struggle to adapt. It suggests that embracing technological change, rather than resisting it, is essential for future prosperity, advocating for a shift toward decentralized systems like cryptocurrencies to align with this new reality. The narrative weaves together historical context, economic theory, and forward-looking insights to highlight the urgency of rethinking how society measures and manages value in an era of accelerating change. |
Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better
 Audiobook Broken Money explains why the gold standard HAD to be abandoned in a world where speed was more precious than universal value. Then it shows how bitcoin is able to merge the best of both worlds with technology that is far superior than the buggy system electronic system that has been cobbled together by banks since the 1950s. Learn about Lyn’s engineering background and get a better idea of the insightfulness of this book by listening to this interview. |
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