Kenneth Rogoff: Tariff Impacts, The Dollar's Future and Global Economic Shifts

Hi everyone, I'm Nikola Tangen, the head of the Norwegian So on Wealth Fund, and today I'm in really good company with Ken Rogoff. Now, Ken is known for his insights into global finance, economic history, and for his incredible book which he wrote together with Carmen Rehart, which is like a seminar book actually, and it's called This Time It's Different. He's out with a new book coming up soon, uh, and you can look forward to it. Ken, wonderful to have you here. Uh, wonderful to be here.

Thank you for having me on your podcast. So, um, Ken, I think I've said once that discussing You know, inflation with you, that's a bit like discussing uh the Bible with uh with Jesus, but I mean let's let's give it a go, huh? I don't know how we can live up to that. Uh, but um Ken, um, how would you assess the current state of the global economy just now?

Well, it was uh in modestly good shape. But obviously it's being thrown into chaos with uh the restructuring of globalization that Donald Trump comes with, uh, what's happening in Europe, uh, you know, it it's uh a pretty wild time. I don't think it's it'd be a little bit much to say it's unlike anything we've seen before. I think it feels a little like the 70s to me. Trump actually feels a little like Nixon to me, but

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