Welcome to The Bridge Policy Download produced by the Mercatus Center at George Mason University.  The executive director of the Mercatus Center, Dan Rothschild, has a conversation with Mercatus scholars David Beckworth and Christopher Russo about inflation and deflation, supply side bottlenecks, spillover effects, base effects, the velocity of money, the US debt/gdp ratio, black swan events, and why we shouldn’t fear a repeat of 70s-era inflation. If you would like to contact a scholar involved in this episode, please email mercatusoutreach@mercatus.gmu.edu.