The Price of Tomorrow

The Price of Tomorrow examines how technological deflation and monetary policy are on a collision course that could reshape the global economy. Through analysis of current trends in technology, automation, and economics, Jeff Booth presents a framework for understanding the deflationary nature of advancement. Booth guides readers through key concepts including Moore's Law, network effects, and exponential technologies to demonstrate why prices in many sectors continue to fall. The narrative connects artificial intelligence, renewable energy, and other innovations to their impacts on jobs, markets, and financial systems. The book challenges conventional economic wisdom about inflation and growth while exploring potential paths forward for society. Booth presents options for adapting monetary and social systems to an era of persistent technological deflation. The work serves as both a warning about current economic contradictions and a vision of how humanity might harness technology's deflationary power for collective benefit. Its analysis of the tension between technological progress and traditional economic models raises fundamental questions about value, work, and prosperity in the digital age.

Readers describe the book as an accessible explanation of deflation, technology, and monetary policy. Many note it helped them understand why prices continue rising despite technological advancement. Liked: - Clear examples and analogies make complex economic concepts understandable - Links technology trends to economic outcomes - Predictions about automation and job displacement - Questions conventional economic wisdom about inflation Disliked: - Some sections become repetitive - Bitcoin advocacy feels forced to some readers - Limited practical solutions offered - Too focused on technology as the primary economic driver Ratings: Goodreads: 4.3/5 (2,900+ ratings) Amazon: 4.6/5 (1,100+ ratings) Sample review: "Booth connects dots between tech deflation and monetary policy that I hadn't considered before. But I wanted more concrete recommendations beyond 'buy bitcoin'" - Goodreads reviewer "Excellent primer on deflation, though the same points could have been made in half the pages" - Amazon reviewer

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📚 Jeff Booth built and led BuildDirect, a technology company valued at $500M, before writing this book about the deflationary impact of technology. 💡 The book argues that technological deflation is occurring at an exponential rate of 50% every two years in many sectors, following Moore's Law. 🌐 While writing The Price of Tomorrow, Booth interviewed over 100 technology leaders, economists, and entrepreneurs across multiple continents. 💰 The book challenges the common belief that inflation is necessary for economic growth, suggesting instead that deflation through technology could create sustainable abundance. 🔮 Published in 2020, many of the book's predictions about digital currencies, technological unemployment, and monetary policy shifts have already begun materializing in the global economy.