Episode #028 - Book Review: The Price of Tomorrow

This episode is another in our book review series of discussions.  Today we discussed The Price of Tomorrow by Jeff Booth.  This book describes our current monetary system, which relies on debt and inflation to continue growth, and contrasts it with the exponential rise of technology as a deflationary force in the market.  The author provides some great historical context to how we got here and asks how long these competing systems can go head to head before something must change. We will be reading This is Your Brain on Food by Dr. Uma Naidoo during the month of February and would welcome you to read along and offer any questions/comments you have. Remember, if you have any questions or comments, or topic ideas you'd like to hear discussed in future episodes, please feel free to reach out to us at [email protected] As a reminder, none of this should be considered financial advice, this discussion is for education/entertainment only. Show Notes: (00:51) - Introduction and coming updates (03:08) - What we're learning about (15:17) - Our 1-minute book summaries (21:42) - Our monetary system and the debt/inflation problem (32:37) - Is there a better way? (40:12) - Bitcoin and sound money as a potential solution (52:30) - The 4 levers we can pull to address debt/Why don't we spend less? (01:13:25) - What if you lose your job to a machine? (01:19:25) - Technology and the future of Kinesiology (01:24:00) - Applications to personal finance (01:29:20) - Closing thoughts   Extreme Energy by MusicToday80: https://soundcloud.com/musictoday80/r... Attribution 3.0 Unported (CC BY 3.0) https://creativecommons.org/licenses/... Music provided by Free Vibes: https://goo.gl/NkGhTg