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Finance committee  I can do it. That's exactly what's happening, and a lot of the conversation that I hear today, while it's well intended, is dealing from within the system. Everybody is out to get their handout from within the system, while the system contributes to that overall inequality and m

December 3rd, 2020Committee meeting

Jeffrey Booth

Finance committee  Thank you. I want to thank the finance committee for inviting me to speak to you again. On my last invite to this committee, I explained that, as outlined in my book, an economic policy that requires inflation is incompatible with exponentially advancing technology. They are o

December 3rd, 2020Committee meeting

Jeffrey Booth

Finance committee  I think you're going to need social programs to make this transition, and I do favour support for social programs, but not pretending.... Again, governments can't stop this with monetary policy. It's coming anyway. By not recognizing it, you make the problem worse. You just tax p

May 1st, 2020Committee meeting

Jeffrey Booth

Finance committee  Yes, that's why this recovery is going to be a lot longer and is going to drive the technology trend faster. If you connect the dots to everything that's happening, it changes business radically. This is not going to be a V-shaped recovery. Even if you open restaurants again, p

May 1st, 2020Committee meeting

Jeffrey Booth

Finance committee  “It's worse than you think” is what I would say. That additional debt is driving up passive prices to stratospheric levels, which is driving the break in our societies. There are whole bunches of people sitting on both sides of that. The people who have been enriched by that don'

May 1st, 2020Committee meeting

Jeffrey Booth

Finance committee  I point this out because this is the same thing that happens in every company facing a structural change. It's logical that governments would be caught in the same loop. I don't have an exact suggestion on your question as to whether they should be audited, but what I would say

May 1st, 2020Committee meeting

Jeffrey Booth

Finance committee  Thank you for having me. These are obviously important times as a response to COVID-19 and what the economic situation will look like in the future. Before we talk about solutions, we really need to understand the problem we're trying to solve. The inflationary economic system

May 1st, 2020Committee meeting

Jeffrey Booth