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Were all in this together on together to make it. Stick to save everyone. Stay safe stay safe increase stay safe. Nigeria such restart International Flights into and out of the country will accuse an economy thats struggling under local oil prices and most likely already in recession. And it could be the worlds biggest i. P. O. Investors are eager for ali babas mobile payments arm bands to file for a joint listing in shanghai and hong kong. Also on the show argentina want to support a struggling economy with china 1st thing in the countrys pork but a fireman all groups say no. Welcome to the show im Stephen Beers in berlin its good to have you with us nigerias thats reopened for International Flights 5 months after closing airport gates to halt the spread of the krona virus the closure threatened tens of tho ....
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 ....
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 s ....