In this episode, Rich Lassiter explores the economic insights from Jeff Booth's book, *The Price of Tomorrow.* Rich delves into the 2007-2008 financial meltdown and how experts' misjudgments led to rapid unraveling. He explains the dynamics of trust-based financial systems and the Ponzi-like nature of current economic structures. Rich also covers the transformative power of technology and the unique position of Bitcoin as a true free market, offering a comprehensive breakdown of platform dominance, creative destruction, and the Minsky Moment's impact on modern economies. Show Notes: https://atlbitlab.com/podcast/rich-lassiter-first-currency-wars-then-trade-wars-then-real-wars 00:00 Introduction: Currency Wars and Global Meltdown 00:30 Event Recording and Sponsors 02:13 Introduction to the Speaker and Book 02:51 Chapter 1: How the Economy Works - Printing Money 16:40 Chapter 2: How the Economy Works - Creative Destruction 28:16 Conclusion and Speaker's Final Thoughts 29:25 Closing Remarks and Support
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Recorded in Atlanta's freedom-tech hackerspace, the ATL BitLab podcast covers the world of freedom technology, including bitcoin, privacy tech, nostr, sovereign computing, and more. Some episodes are geared towards the absolute beginner and some go deep into the weeds with how the technology works. There's something here for everyone.