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

Bryan Cutsinger is a monetary historian and an assistant professor of economics at Florida Atlantic University. Bryan returns to the show to discuss how we think about deflation, the history of growth driven deflation, the connection between the postbellum period and today, the potential of rapid productivity growth from AI, and much more.

Check out the transcript for this week's episode, now with links.

Recorded on September 23rd, 2025

Subscribe to David's Substack: Macroeconomic Policy Nexus

Follow David Beckworth on X: @DavidBeckworth

Follow Bryan on X: @BryanPCutsinger

Follow the show on X: @Macro_Musings

Check out our Macro Musings merch!

Subscribe to David's new BTS YouTube Channel

Timestamps

00:00:00 - Intro

00:04:41 - Rethinking Deflation

00:35:48 - Rapid Productivity Growth from AI

00:46:35 - Tolerating Deflation

00:55:28 - Outro