#148 - Jeff Booth - Debt v AI: The Trillion Dollar Collision

In this episode, Jeff Booth explains why the natural state of a free market is deflationary and why a debt-based monetary system can't allow it. We discuss AI as an acceleration event: exponential productivity should make life cheaper, but the system has to create scarcity to keep debt serviceable. We cover how inflation functions as hidden extraction, why regulation favours monopolies, why politics becomes a fight over who controls broken money and why AI will intensify centralisation, surveillance, and social conflict unless the monetary layer changes. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 – Elon's "No Money" 00:02:21 – Deflation is Natural 00:05:50 – Paper-fold Acceleration 00:08:05 – Debt vs Abundance 00:10:17 – Inflation = Extraction 00:15:34 – Politics Polarises 00:21:28 – One Question Only 00:28:01 – Bukele's Example 00:33:33 – Bitcoin as Protocol 00:41:02 – AI + Money Clash - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH JEFF BOOTH › X/Twitter – https://x.com/JeffBooth › Website – https://jeffreybooth.com/ SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Incogni - https://incogni.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.