Governments can do nothing to stop technology from destroying labor, tech entrepreneur tells Keiser Report

n this episode of Keiser Report’s annual Summer Solutions series, Max and Stacy talk about the role technology plays in causing the deflation that may lead to an abundant future, if the gains are shared.

They are joined by tech entrepreneur Jeff Booth, who’s the author of ‘The Price of Tomorrow: Why Deflation is the Key to an Abundant Future.’

“Transitioning from an inflationary world to a deflationary world, people should be scared,” he says, adding, “There’s going to be a disruption and that disruption is coming no matter what.”

According to Booth, “There’s nothing fundamental that governments can do to stop the rate of technology progress. And if you just ask about what technology does – it’s supposed to remove labor.”

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