Entrepreneurs / Investors

17 Jeff Booth Quotes on Money & Technology (DEFLATION)

Top 8 Most Famous Jeff Booth Quotes (BEST)

“Many of us think that we are in total control of our thoughts, but we fail to understand that our thoughts are highly influenced by the people around us and everything we read, see, and do. Many of those same choices are because we want to belong. That influence on us, much of which we don’t realize, traps us in our own bubble of reality that may look very different than others’.”

Jeff Booth
Technology is deflationary, we are entering into an age of deflation unlike any the world has ever seen.
Technology is deflationary, we are entering into an age of deflation unlike any the world has ever seen.
The best leaders are constantly learning, curious about where they made mistakes and actively looking for areas where they might have it wrong.
The best leaders are constantly learning, curious about where they made mistakes and actively looking for areas where they might have it wrong.

“What if, instead of trying to stop deflation at all costs, we embrace it? Deflation becomes something celebrated because it means that we are getting more for less.”

Jeff Booth
True ignorance is not the absence of knowledge, it’s the refusal to acquire it.
True ignorance is not the absence of knowledge, it’s the refusal to acquire it.

“As technology removes jobs and fewer overall jobs are needed, prices will keep falling, allowing those who lose jobs a way to share in the benefit of technology abundance without massive transfers of wealth.”

Jeff Booth
Vast numbers of people are working longer, in jobs they rightly fear will soon be gone.
Vast numbers of people are working longer, in jobs they rightly fear will soon be gone.
It took $185 trillion of debt to produce about $46 trillion of GDP growth over the last twenty years.
It took $185 trillion of debt to produce about $46 trillion of GDP growth over the last twenty years.

2 Jeff Booth Quotes on Bitcoin

“Although the blockchain that Bitcoin sits on has never been hacked, transactions are difficult, which has slowed widespread adoption as a payment alternative.”

Jeff Booth
Bitcoin is a solution out of that problem [money printing]. It's a system change.
Bitcoin is a solution out of that problem [money printing]. It’s a system change.

4 Jeff Booth Quotes that Will Make You Think (WISDOM)

“Hitler persuaded into following him were, in his own words, a vacillating crowd of human children. It is also worth considering leadership today and to what extent we might be being manipulated.”

Jeff Booth
Aggregating all supply and allowing that supply to compete for audiences is how all platforms gain their power.
Aggregating all supply and allowing that supply to compete for audiences is how all platforms gain their power.

“According to the World Travel and Tourism Council, in 2018, travel contributed $8.8 trillion and 319 million jobs to the global economy. Entire local economies have become reliant on tourist dollars. What will they do if travelling slows?”

Jeff Booth
The existing system and inflationary world cannot work with the technology where it is today. It's impossible.
The existing system and inflationary world cannot work with the technology where it is today. It’s impossible.

3 Jeff Booth Quotes on Money and Capitalism

“The rise of fiat currencies that could be manipulated domestically and the bailout in 2008 changed that strategy to one where the players whose bad bets caused the crisis, instead of being wiped out, were rewarded handsomely.”

Jeff Booth
Capitalism, and its relentless march towards progress, allowed many to win.
Capitalism, and its relentless march towards progress, allowed many to win.

“Technology should be driving everything cheaper, [but] rent, housing prices, fuel, food, and many other costs are rising… driven by an enormous rise in credit and debt… Debt combined with deflation is a toxic combination, because borrowers have to pay the same for their interest payments while earning less.”

Jeff Booth

(MUST READ) The Price of Tomorrow: Why Deflation is the Key to an Abundant Future

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