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35 closer in town than was for i dont think were a part of america or thirst for. Hi im max kaiser welcome to the kaiser report Summer Solutions thats right we solve all the worlds problems by bringing in the biggest genius to the way we know that ive ever been on the show and were going to talk about a very scary the word and that of course is the flakes and joining us former tech entrepreneur jeff booth hes the author of the price of tomorrow why deflation is the key to an abundant future this book has caught fire amongst accept a community they Call Community all communities its really a fa...

All in the bay area, low clouds, lots of this mo the afternoon hours, we are watching the fire zone forecast is welcome to the wind picks up, nothing too extreme around time is 50 miles an hour. More of your forecast a few minutes. Standing by right now we have an update on the commute. Reporter good morning, we have traffic that is moving along slowly on some of these commutes at the bay bridge toll plaza for example. You will see its backed up all the way to the main metering lights which are on, this is about a 15 minute delay, nothing unusual about that should be gone by 8 00 unless it is ...

You just ask about what technology does its close to remove labor right thats why we use it no company ever goes and builds technology increases technology so that their costs go out or their market share in a cigar they use it to reduce labor and they use it to buy the fund and whats happening is is you have the Work Technology moving at an exponential pace driving rate driving prices down and governments all around the world are caught in an inflationary trap that they created of themselves out of Monetary Policy fighting against force and i would ask a simple question isnt it good when the ...

Created of themselves out of Monetary Policy fighting against force and i would ask a simple question isnt it good when the value of your money goes up and cut prices go down but for you personally and so so if we can see that that could be a good thing. And that means we could work less time and the abundance from technology would be broadly distributed instead of being concentrated like it is today i cut something now much i want to focus on this big ben read your book and ive talked to a couple times and you emphasize that the transition to a deflationary economy i think thats key because w...

Stop the rate of Technology Progress and if you just ask about what technology does its close to remove labor right thats why we use it no company ever goes and builds technology it increases technology so that their costs go out or their market share in a cigar they use it to reduce labor and they use it to buy the fund and whats happening is is you have the Work Technology moving at an exponential pace driving rate driving prices down and governments all around the world are caught in an inflationary trap that they created of themselves out of Monetary Policy fighting against force and i wou...