Part 4/12:
The free market’s intrinsic deflationary tendency.
The current system’s need for exponential credit growth.
Additionally, Booth notes that this dissonance is escalating at faster rates thanks to exponential productivity gains from technologies like artificial intelligence and robotics. He illustrates this with a vivid analogy: folding a paper repeatedly, which, after 50 folds, would reach the sun—symbolizing how technological progress accelerates rapidly, rendering products cheaper and more abundant at an increasing pace.