Those are the headlines this hour the cause reporters on your way in just a few moments. In the studio. To give you the morning news headlines. Hi im max kaiser welcome to the kaiser report Summer Solutions thats right we solve all the worlds problems by bringing in the biggest genius to the way we know that ive ever been on the show and were going to talk about a very scary the word and that of course is the flakes and joining us former tech entrepreneur jeff booth hes the author of the price of tomorrow why deflation is the key to an abundant future this book has caught fire amongst the crypt a community they Call Community all communities its really a fantastic book stating so jeff but i want to ask you because deflation is usually associated with depression and bad times and nobody likes us but based on the title of your book the key to an abundant future it sounds like youre quite optimistic about deflation so how exactly do you define deflation and how might it lead to abundance
35 closer in town than was for i dont think were a part of america or thirst for. Hi im max kaiser welcome to the kaiser report Summer Solutions thats right we solve all the worlds problems by bringing in the biggest genius to the way we know that ive ever been on the show and were going to talk about a very scary the word and that of course is the flakes and joining us former tech entrepreneur jeff booth hes the author of the price of tomorrow why deflation is the key to an abundant future this book has caught fire amongst accept a community they Call Community all communities its really a fantastic book stating so jeff but i want to ask you because deflation is usually associated with depression and bad times and nobody likes us but based on the title of your book the key to an abundant future it sounds like youre quite optimistic about deflation so how exactly do you define deflation and how might it lead to abundance transitioning from an inflationary world to what the flexner. Peo
An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good numbers today. Our manufacturing and services is keeping us positive just want to show you some new highs. A lot of stuff involved in tech. Internet, anything having to do with the internet. Fdn is the new one the hold building, that itb had been on fire eight straight weeks of gains. U. S. Home sales hit a record pace today we saw home prices also move up as well. Look at some of these new high list is fairly thin but a lot is building related horton, pulte, lumber liquid daters these are all at
You just ask about what technology does its close to remove labor right thats why we use it no company ever goes and builds technology increases technology so that their costs go out or their market share in a cigar they use it to reduce labor and they use it to buy the fund and whats happening is is you have the Work Technology moving at an exponential pace driving rate driving prices down and governments all around the world are caught in an inflationary trap that they created of themselves out of Monetary Policy fighting against force and i would ask a simple question isnt it good when the value of your money goes up and prices go down but for you personally and so so if we can see that that could be a good thing. And that means we could work less time and the abundance from technology would be broadly distributed instead of being concentrated like it is today i caught something that much i want to focus on this big ben read your book and ive talked to a couple times and you emphasi
A very warm welcome to you its 11 pm here in the russian capital youre watching r. T. International with me karen. The the russian leader has ordered the case of every person arrested during mass detentions to be investigated there with or hes claimed more than ive found and people have already been released meanwhile tensions in the by the russian capital of minsk continue to soar people have once again been converging on the city center it all comes in the wake of sundays disputed president ial election which is plunged the country into chaos our correspondent reports from the heart of the capital. Its just that were there were supposed to be honest its quite difficult to describe to you whats going on in victory square in minsk in the square there are women with families in the house you can see the women dressed in white with flowers in the hands remaining in the independence of a new cars and buses which are passing by linking their homes in support of what they call the solidarit