“A Huge Problem for Everybody” | Paul Krugman on China, the Dollar, A.I., & More

Original Description

This episode is brought to you by the Pictet AI Enhanced International Equity ETF ($PQNT): https://etf.am.pictet.com/pqnt/

Distinguished economist Paul Krugman joins Jack to discuss the devaluation of the dollar, the nomination of Kevin Warsh, artificial intelligence, and much more. Dr. Krugman brings his expertise to give cogent and intelligent answers on important economic questions of our time. Recorded on February 6th, 2026.

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Timestamps

00:00 Intro

00:35 Pictet Pre-Roll

00:46 What’s Going on with the U.S. Dollar?

07:07 Currency Movement

09:26 The Use and Function of the IMF

12:19 Do Currency Imbalances Prevent U.S. Manufacturing from Returning?

16:43 Tariffs & Currency Depreciation

20:51 Economic Stimulus/Deficit Spending

26:29 Pictet Mid-Roll

27:39 R* Moving Up

33:04 Immigration & Interest Rates

38:07 Demographics, Debt, & GDP

43:20 A.I. Capital Expenditure

47:36 Kevin Warsh Nomination

53:11 Quantitative Easing & Inflation

55:49 Inflationary Effects of Tariffs

58:10 Paul’s Substack

59:31 Pictet End-Roll

#economics #dollar #finance #usdebt #fedchair #tariffs #usdollar #chinaeconomy