In this episode, Jeff Booth explains why the natural state of a free market is deflationary and why a debt-based monetary system can't allow it. We discuss AI as an acceleration event: exponential productivity should make life cheaper, but the system has to create scarcity to keep debt serviceable. We cover how inflation functions as hidden extraction, why regulation favours monopolies, why politics becomes a fight over who controls broken money and why AI will intensify centralisation, surveillance, and social conflict unless...
In this episode, Jeff Booth explains why the natural state of a free market is deflationary and why a debt-based monetary system can't allow it.
We discuss AI as an acceleration event: exponential productivity should make life cheaper, but the system has to create scarcity to keep debt serviceable.
We cover how inflation functions as hidden extraction, why regulation favours monopolies, why politics becomes a fight over who controls broken money and why AI will intensify centralisation, surveillance, and social conflict unless the monetary layer changes.
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TIMESTAMPS:
00:00:00 – Elon's "No Money"
00:02:21 – Deflation is Natural
00:05:50 – Paper-fold Acceleration
00:08:05 – Debt vs Abundance
00:10:17 – Inflation = Extraction
00:15:34 – Politics Polarises
00:21:28 – One Question Only
00:28:01 – Bukele's Example
00:33:33 – Bitcoin as Protocol
00:41:02 – AI + Money Clash
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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
› Email – me@petermccormack.com
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CONNECT WITH JEFF BOOTH
› X/Twitter – https://x.com/JeffBooth
› Website – https://jeffreybooth.com/
SPONSORS
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/
› Incogni - https://incogni.com/peter
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LISTEN / SUBSCRIBE
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FILMED BY CURTIS TAYLOR
› https://www.curttaylor.co.uk/
› https://x.com/curttayloruk/
EDITED BY CONOR MCCORMACK
› https://x.com/ConorM04
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