A short thread of @JeffBooth quotes.

“Technological progress has changed the rules. Ignoring that structural change by printing money is coming at a great cost to our society, our environment, and our children. On the current path, it will get much worse. “

“Inflation is the worst tax of all for society because it is a hidden tax – levied upon societies most vulnerable because they don’t have the assets that rise with inflation and they don’t know better.”

“Inflation is a process by which the purchasing power of their real wages and savings gets destroyed.”

“Central Banks and Governments are trying so hard to prevent - Prices falling naturally because of exponentially advancing technology - it might be the best "game" we ever played.”

“The societal consequences of changing the "rules of the game" to stop the natural clearing function of markets (and lock new game players out) is concentrating wealth and power and in doing so, making the world ever more dangerous.”

So where does this leave us?

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