The Peter McCormack Show
#148 - Jeff Booth - Debt v AI: The Trillion Dollar Collision
Feb 17, 2026
· 52m
<p>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.</p> <p>We discuss AI as an acceleration event: exponential productivity should make life cheaper, but the system has to create scarcity to keep debt serviceable.</p> <p>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 …
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