Macro Musings with David Beckworth cover image

Bryan Cutsinger on the What the History of Growth Driven Deflation Can Teach us about a Potential AI Boom

Macro Musings with David Beckworth

00:00

Empirical Results: Demand-Driven Deflation Harms

Bryan shows negative demand shocks reduced output, lowered nominal rates for longer, and weakened financial intermediation consistent with conventional concerns.

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