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YouTube04 Nov 2026

Luke Gromen's conversation with Jeff Booth

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Luke Gromen - FFTT, LLC

The global economy operates within a control system defined by credit-based money, which is fundamentally incompatible with a true free market. Because the natural state of a free market is deflationary—driven by technological innovation and productivity gains—centralized authorities must constantly debase currency to prevent systemic collapse. This cycle of debt-fueled intervention creates massive volatility and necessitates the emergence of neutral reserve assets like Bitcoin or gold to escape the surveillance and control inherent in fiat systems. As AI and robotics accelerate productivity, the gap between the incumbent debt-laden financial structure and the reality of technological abundance widens, forcing policymakers to choose between systemic abandonment or total currency destruction. Ultimately, the transition to a neutral, decentralized protocol is inevitable as individuals seek to preserve the value of their time against the systematic theft of purchasing power.

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