Booth: The Consequences of Technological Deflation

Jeff Booth, author of the new book “The Price of Tomorrow,” joins Real Vision’s Max Wiethe to discuss the social consequences of deflation and the policy response of the world’s central banks. In Booth’s view, the social impact of technology — and the failure of economic thinking to embrace change — is creating a host of political conflict that’s now dividing the world to an extent we haven’t seen since the Second World War. In this episode, Booth focuses on two key technologies to explain the pervasive impact of technological change: Artificial intelligence and solar energy.

RELATED CATEGORIES: Global Economy, Market Analysis

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