Kenneth Rogoff on Monetary Moves, Fiscal Gambits, and Classical Chess

Conversations with Tyler is produced by the Mercatus Center at George Mason University, bridging the gap between academic ideas and real-world problems. Learn more at Mercatus.org. For a full transcript of every conversation, enhanced with helpful links, visit conversationswithtyler.com. Hello everyone and welcome back to Conversations with Tyler. Today I am chatting with Kenneth Rogoff, who is one of America's best economists.

He is a professor at Harvard, and he has a new book out called Our Dollar Your Problem, an insider's view of seven turbulent decades of global finance and the road ahead. Ken also having extensive experience in the IMF and dealing with various global crises. Ken, welcome. Thank you. It's a pleasure to be here, Tyler.

Good to good to speak to you. Circa early 2025, the the big debate is whether there's such a thing as an unsustainable international trade balance. So Orin Cass says there is, Michael Pettis says there is, traditional theory is more skeptical or agnostic. What's your view? No, there's unsustainable debt.

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