Booth: Allowing technological deflation will reduce the need for jobs
Jeff Booth · When Will Poor Revolt Against Rich? Is Unemployment Good? Currency Pegged To Bitcoin with Jeff Booth · Apr 30, 2020 · at 52:47
Author Jeff Booth argues that allowing technology-driven deflation to run its course naturally reduces the amount of labor society requires.
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“If you let deflation happen and let the natural order of things happen, you'd need far less of them. You'd, you'd work less. You would the, you would follow the trend and you'd be less, less, less work along the trend.”
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