Articles
Immaculate Disinflation
Today I’m going to talk about immaculate disinflation — lower inflation without recession.
November 11, 2026
Recorded on April 17, 2020.
A month ago, we interviewed Dr. Jay Bhattacharya just as the COVID-19 crisis was shuttering the economy and governments were ordering citizens to shelter at home. In that interview, Dr. Bhattacharya mentioned that he himself would soon be conducting tests for COVID-19 in Santa Clara County, California, one of the most active hotspots in the country. Today Dr. Bhattacharya returns to discuss the results of that study and one currently under way in partnership with Major League Baseball. We also discuss some signs of hope, and specifics about how the economy can be restarted safely and efficiently. Dr. Bhattacharya also gives some (unsolicited) advice to Dr. Anthony Fauci, California governor Gavin Newsom, and president Donald Trump.
To view the transcript of this conversation, click here.
Cast
Jay Bhattacharya
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